Job Opening

Posting Title: Senior Accounting Assistant (Private Funds-Middle Office), G7 (Temporary Job Opening)
Job Code Title: Senior Accounting Assistant
Department/Office: United Nations Joint Staff Pension Fund
Duty Station: NEW YORK; NEW YORK;
Posting Period: 04 March 2019 - 10 March 2019
Job Opening Number: 19-Finance-UNJSPF-112983-J-New York (X)
Staffing Exercise N/A
United Nations Core Values: Integrity, Professionalism, Respect for Diversity
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Org. Setting and Reporting

The United Nations Secretary-General is responsible for the investment of the assets of the United Nations Joint Staff Pension Fund (UNJSPF). The Secretary-General has delegated this responsibility to the Representative of the Secretary-General for the investment of the assets of the UNJSPF (RSG). The RSG is, in turn, assisted in this function by the Office of Investment Management (OIM) of the UNJSPF. OIM manages a $60+ billion multi-asset class, global investment portfolio, about 85% of which is actively managed in-house. Asset classes under management comprise global equities, fixed income, foreign exchange, private equity, real estate, infrastructure, timber and commodities. OIM’s staff are all based in New York, but come from over 30 countries.

This position is located in the Operations and Information Systems Section of the Investment Management (OIM) within the United Nations Joint Staff Pension Fund (UNJSPF). The incumbent will report to the Associate Accountant and work under general guidance of the Chief, Operations Section.

Responsibilities

Within delegated authority, the Senior Accounting Assistant will be responsible for the following duties:

• Analyses complex and/or unusual investment accounting transactions related to management fees, carried interest and or other partnership expenses for all private assets investment of the fund versus limited partnership agreement. Ensure appropriate follow-up procedures, investigates root-cause and effect prior to processing of capital call transaction by the Back-Office team.
• Reviews and reconciles management fees and other partnership expenses for the alternative investment of the fund, thoroughly interpret necessary information and or clauses indicated in each of the limited partnership agreement in order to carefully analyze management fee charges. Investigates erroneous/invalid charges and or discrepancies and takes appropriate corrective investment accounting action.
• Audits and monitors changes to various reference and or static data related to alternative investments transactions including, but not limited to, changes in settlements instructions by the general partners. Ensure any changes in the settlement instructions has been approved and signed by the approved signatories. Any irregularities regarding payment instruction should be escalated accordingly.
• Reviews and maintains completeness of management fee templates comparing management fee estimate versus actual request for payment for each of the funds on a monthly and or periodic basis.
• Prepares worksheets and analyze management fees accounts and other partnership expenses related to Real Estate and Private Equity versus Fund Manager’s contract and or limited partnership agreement prior to submission to Back-Office team for payment. Ensure necessary internal control exists prior to any payment requests.
• Reviews/Approves capital call payment and or distributions related to Real Estate and Private Equity ensuring accurate data and compliance with relevant rules and control procedures.
• Performs in-depth user acceptance tests on new systems upgrades, enhancements and or new system implementations related to real assets and private equity system platform.
• Provide relevant test scenarios to ensure system integration and results corresponds to business expectations.
• Provides guidance and training (including the preparation of training materials) to general staff and colleagues, as required.
• Supervises other general service staff when required.
• Drafts/prepares memoranda and or email communication to fund manager and global custodians.
• Responds to queries by OIM’s staff members, internal and external auditors and from their counterparts in offices away from Headquarters.
• Performs other duties as may be required.

Competencies

• Professionalism: Knowledge of investment accounting principles, procedures and standards. Ability to apply conceptual, analytical and evaluative skills in corporate actions processing and reconciliation. Ability to conduct independent research and analysis, identify issues, formulate options and make conclusions and recommendations. Shows pride in work and in achievements; demonstrates professional competence and mastery of subject matter; is conscientious and efficient in meeting commitments, observing deadlines and achieving results; is motivated by professional rather than personal concerns; shows persistence when faced with difficult problems or challenges; remains calm in stressful situations. Takes responsibility for incorporating gender perspectives and ensuring the equal participation of women and men in all areas of work.
• Teamwork: Works collaboratively with colleagues to achieve organizational goals; solicits input by genuinely valuing others’ ideas and expertise; is willing to learn from others; places team agenda before personal agenda; supports and acts in accordance with final group decision, even when such decisions may not entirely reflect own position; shares credit for team accomplishments and accepts joint responsibility for team shortcomings.
• Planning& Organizing: Develops clear goals that are consistent with agreed strategies; identifies priority activities and assignments; adjusts priorities as required; allocates appropriate amount of time and resources for completing work; foresees risks and allows for contingencies when planning; monitors and adjusts plans and actions as necessary; uses time efficiently.

Education

High school diploma or equivalent.

Work Experience

A minimum of ten years of work experience in investment operations and accounting for real assets and private equity structures, is required

Languages

English and French are the working languages of the United Nations Secretariat. For the post advertised, fluency in English is required. Knowledge of another official United Nations language is an advantage.

Assessment

Evaluation of qualified candidates may include a desk review of PHPS, an assessment exercise and/or a competency-based interview.

Special Notice

• DURATION: Please note that this is a temporary job opening, open to internal as well as external candidates. This position is available up to 31 December 2019, with possibility of extension, which is subject to extension of the mandate and/or the availability of the funds. The selected candidate is expected to start as soon as possible.
• Appointment at the United Nations is subject to mandatory adherence to the United Nations Financial disclosure Programme. An appointment to the Office of Investment Management (OIM) of the UNJSPF additionally requires compliance with the rules and regulations pertaining to OIM's Code of Ethics, Personal Securities, Gift and Hospitality policies.
• This position is subject to local recruitment pursuant to staff rule 4.4 of the United Nations Staff Rules. All staff in the General Service and related categories shall be recruited in the country or within commuting distance of each office, irrespective of their nationality and of the length of time they may have been in the country. A staff member subject to local recruitment shall not be eligible for the allowances or benefits exclusively applicable to international recruitment.
• Passing the Global General Service Test (GGST) is a prerequisite for recruitment consideration in the General Services and related categories in the United Nations Secretariat. Applicants who have not passed the GGST at the time of application may be invited for the test after submitting an application. Staff members who were granted a fixed-term, continuing or permanent appointment as a result of having passed a predecessor test recognized by the Office of Human Resources Management, and who have continuously held such appointments, are not required to take the new test.
• Staff members are subject to the authority of the Secretary-General and to assignment by him or her. In this context, all staff are expected to move periodically to new functions in their careers in accordance with established rules and procedures.
• If the selected candidate is a staff member from the United Nations Secretariat, the selection will be administered as a temporary assignment.
• While this temporary assignment may provide the successful applicant with an opportunity to gain new work experience, the selection for this position is for a limited period and has no bearing on the future incumbency of the post.
• Subject to the funding source of the position, the eligibility for this temporary job opening may be limited to candidates based at the duty station.
• This temporary job opening may be limited to “internal candidates,” who have been recruited through a competitive examination administered according to staff rule 4.16 or staff selection process including the review of a central review body established according to staff rule 4.15.
• Staff members of the United Nations common system organizations who will reach the mandatory age of separation or retirement within the duration of the current temporary need period are not eligible to apply.Submitting an application or selection for the current temporary job opening does not delay or increase the mandatory age of separation.
• Retirees above the mandatory age of separation who wish to be considered for the current temporary job opening must indicate the reason for their last separation as "retirement." Such retirees shall not be employed by the Organization, unless (a) the operational requirements of the Organization cannot be met by staff members who are qualified and available to perform the required functions; and (b) the proposed employment would not adversely affect the career development or redeployment opportunities of other staff members and represents both a cost-effective and operationally sound solution to meet the needs of the service.

United Nations Considerations

According to article 101, paragraph 3, of the Charter of the United Nations, the paramount consideration in the employment of the staff is the necessity of securing the highest standards of efficiency, competence, and integrity. Candidates will not be considered for employment with the United Nations if they have committed violations of international human rights law, violations of international humanitarian law, sexual exploitation or sexual abuse, or crimes other than minor traffic offences, or if there are reasonable grounds to believe that they have been involved in the commission of any of these acts. The term “sexual exploitation” means any actual or attempted abuse of a position of vulnerability, differential power, or trust, for sexual purposes, including, but not limited to, profiting monetarily, socially or politically from the sexual exploitation of another. The term “sexual abuse” means the actual or threatened physical intrusion of a sexual nature, whether by force or under unequal or coercive conditions.

Due regard will be paid to the importance of recruiting the staff on as wide a geographical basis as possible. The United Nations places no restrictions on the eligibility of men and women to participate in any capacity and under conditions of equality in its principal and subsidiary organs. The United Nations Secretariat is a non-smoking environment.

Applicants are urged to follow carefully all instructions available in the online recruitment platform, inspira. For more detailed guidance, applicants may refer to the Manual for the Applicant, which can be accessed by clicking on “Manuals” hyper-link on the upper right side of the inspira account-holder homepage.

The evaluation of applicants will be conducted on the basis of the information submitted in the application according to the evaluation criteria of the job opening and the applicable internal legislations of the United Nations including the Charter of the United Nations, resolutions of the General Assembly, the Staff Regulations and Rules, administrative issuances and guidelines. Applicants must provide complete and accurate information pertaining to their personal profile and qualifications according to the instructions provided in inspira to be considered for the current job opening. No amendment, addition, deletion, revision or modification shall be made to applications that have been submitted. Candidates under serious consideration for selection will be subject to reference checks to verify the information provided in the application.

Job openings advertised on the Careers Portal will be removed at 11:59 p.m. (New York time) on the deadline date.

No Fee

THE UNITED NATIONS DOES NOT CHARGE A FEE AT ANY STAGE OF THE RECRUITMENT PROCESS (APPLICATION, INTERVIEW MEETING, PROCESSING, OR TRAINING). THE UNITED NATIONS DOES NOT CONCERN ITSELF WITH INFORMATION ON APPLICANTS’ BANK ACCOUNTS.

Sorry, this job opening is no longer available.
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