Overview
Financial Reporting Specialist Jobs in Copenhagen, Capital Region of Denmark, Denmark at UNOPS
Title: Financial Reporting Specialist
Company: UNOPS
Location: Copenhagen, Capital Region of Denmark, Denmark
Job Highlight
The role has an impact on the overall Financial Group efficiency in financial resources management and success in introduction and implementation of operational strategies. Accurate, thoroughly researched and documented financial information, timely and appropriate delivery of services ensure client satisfaction and enhance UNOPS credibility in the use of financial resources.
About The Group
The Finance Group serves as a strategic partner and fiduciary advisor, ensuring transparent, accountable, and effective resource management across UNOPS. The Group defines financial strategy in alignment with organizational goals, establishes finance policies, systems, and processes, and leads corporate budgeting to enable full cost recovery and ensure long-term financial sustainability. Throughout the project lifecycle, the Finance Group provides expert guidance, oversight, and tailored financial solutions. Responsibilities include delivering comprehensive financial and corporate performance reporting, strengthening financial capacity across the organization, and continuously enhancing resource planning and allocation. In addition, the Finance Group prepares and oversees the implementation of finance-related policies, upholding the highest standards of financial stewardship and supporting UNOPS in achieving operational excellence and fiscal responsibility.
Role Purpose
The Financial Reporting Specialist reports to the Chief of Financial Statements and UNBOA Relationswho provides broad supervision and guidance. The Financial Reporting Specialist is responsible for efficient financial reporting and the provision of accurate, thoroughly researched, and documented financial information for the preparation of the financial statement. He/she analyzes and interprets the financial rules and regulations and the applicable accounting standards (IPSAS) and provides solutions to a wide spectrum of complex financial issues. The Financial Reporting Specialist supervises support personnel and promotes a client oriented approach consistent with UNOPS rules and regulations.
Functions / Key Results Expected
- Corporate Financial Statements and Audit
- Prepare corporate financial statements, in compliance with International Public Sector Accounting Standards (IPSAS), including all the necessary supporting schedules and notes.
- Prepare quarterly and year-end analysis of corporate financial statements for management review.
- Prepare analysis and feedback to queries from internal and external stakeholders related to corporate financial statements and working files.
- Ensure compliance with IPSAS Accounting Standards and provide expert advice and support in the regular book closure and year-end closure process and application of IPSAS.
- Take the lead in monthly, quarterly, and year-end closing schedules and calendars of activities.
- Financial Oversight and Monitoring
- Exercise periodic monitoring over transactions and account balances to ensure recording and reporting in accordance with UNOPS Financial Rules and Regulations and other applicable Organizational Directives and Operational Instructions.
- Take a proactive approach to identifying issues related to data quality and liaise with related parties in the organization to ensure timely and necessary corrections.
- Maintain a log of issues identified, analyze data, and draw a holistic action plan to improve processes and establish necessary controls based on lessons learned.
- Contribute to developing and maintaining a strong control environment around financial reporting and the integrity of data used for the preparation of corporate financial statements.
- Ensure that all deadlines applicable to book closure and reporting are met.
- Internal and External Audit
- Prepare audit-related reports to be submitted to the UN Board of Auditors, UNOPS Executive Board, and UNOPS management.
- Provide support to the Head of Financial Statements and Audit during Internal and External audit processes.
- Coordinate with external auditors during interim and year-end audits.
- Monitor, manage, and take follow-up actions on both Internal and External audit recommendations with the concerned Practices in HQ and field offices.
- Capacity Building / System Improvement
- Support process documentation and continuous process improvements.
- Become a subject matter expert for the Financial Reporting requirements of the UNOPS ERP system.
- Develop innovative solutions to optimize financial processes, reduce manual work, and increase automation around financial reporting.
- Responsible for providing guidance and advice to finance practitioners in the area of financial accounting, interpretation, and operational guidance on the application of the Accounting standards and UNOPS FRR.
Education Requirements
Required
- Bachelor’s degree (or equivalent) preferably in Finance, Accounting, Financial Management or a related field is required. with 7 years of relevant experience OR
- A Master's Degree (or equivalent) in any of the above disciplines with 5 years of relevant experience is required.
- Fully Qualified Accountant qualification with a recognised accountancy body (CA, CPA, ACCA, ACA, etc) is required.
Desired
- Specialized certifications such as CIPFA (Chartered Institute of Public Finance and Accountancy) is considered an asset.
Required
Experience Requirements
- Relevant experience is defined as financial reporting working experience within an international environment is required.
- A thorough knowledge of International Public Sector Accounting Standards (IPSAS) or International Financial Reporting Standards (IFRS) is required.
