Job Opening 155043, Accountant, P3

United Nations Joint Staff Pension Fund – Office of Investment Management

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). OIM manages a $80+ 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. For more information please visit OIM's website at https://oim.unjspf.org/.

The incumbent will work under the direct supervision of the Accountant, and general guidance of the Chief, Operations Section.

Responsibilities
Within delegated authority, the Accountant will be responsible for the following duties:
•Supervises multi-currency trade settlement activities in order to avoid trade fails.
•Ensures accurate and timely submission of daily cash activity and projection reports to the Fixed Income team
in order to avoid overdrafts.
•Analyses accounts and reviews/evaluates unresolved issues.
•Identifies problem transactions, irregularities and recurring problems.
•Provides guidance and assistance with the resolution of more complex accounting issues/exceptions.
•Coordinates the claims process establishing procedures and timelines to be followed and approves
compensation claims.
•Supervises data maintenance in critical back-office systems; e.g., standard settlement instructions, market
calendar, etc. and ensures data integrity.
•Approves/Confirms that standard settlement instructions and SWIFT message formats are in accordance with
the market standards, brokers’ and or global custodians’ requirements.
•Ensures that accurate and complete back-office investment operations, cash management, and internal
control systems are functioning and that all relevant records are maintained.
•Provides advice and guidance concerning the operating procedures for the back-office investment
operations and cash management systems and updates relevant procedures manuals.
•Provides authoritative interpretation of requirements for handling investment transactions.
•Coordinates and supervises the daily reconciliation of the investments of the Fund. Monitors, analyses, reviews
and approves SWIFT messages, modifications/amendments and other investment transactions in the back office
system.
•Keeps abreast and provides guidance on new developments in the industry, especially for back-office
investment operations and cash management systems.
•Keeps abreast and provides guidance on changes in market requirements; e.g. trade settlement cycles,
opening and closing of markets, exchanges, central depositories, transaction taxes and fees, etc. that would
require reconfigurations to the back-office and cash management systems and changes in procedures.
•Defines business user requirements and works with Information Systems Section with respect to back office
investment operations and cash management systems.
•Monitors and evaluates the performance of global custodians ensuring that they meet their contractual
obligations.
•Participates in the development of strategic framework and annual budget requests for the Unit.
•Provides information needed to respond to audit findings and contributes to the responses.
• Provides back-up and support to the Chief of Operations Section in administrative areas of the Unit.

Education
Advanced university degree (Master's degree or equivalent) in business administration, finance, accounting or related field. A first-level university degree and an additional 2 years of qualifying experience over the required minimum work experience may be accepted in lieu of the advanced university degree.

Work Experience
A minimum of five years of progressively responsible professional experience in accounting and/or investment operations is required.

Experience in SWIFT or a similar secure payments system is required.

Experience in a back-office investment system is required.

At least two years of experience working with Bloomberg AIM or a similar order management system is required.

Experience with corporate action processing and daily position, and cash reconciliation is desirable.

Applicants are urged to carefully follow all instructions available in the online recruitment platform, Inspira. Please go to https://careers.un.org/lbw/jobdetail.aspx?id=155043&Lang=en-US to apply.