Contract Type Fixed-term (1 year with possibility of extension)
Initial Contract Duration One year fixed term with possibility of extension
Vacancy Type Vacancy Notice
Recruiting Type General Service
Grade G-7
Under the general supervision of the National Accounting Officer and the direct supervision of the Regional Accounting Officer, the incumbent will be accountable and responsible for the review of Missions’ accounts including but not limited to general accounting work, checklist review, donor financial report review and endorsement, project review, month-end closing procedures. The successful candidate will provide integrated financial and accounting support and recommendation to Offices to ensure compliance with IOM’s overall accounting regulations, rules, policies and procedures .
Provide guidance and support to Country Offices (CO) and Regional Offices (RO) in terms of accounting, financial and project matters in compliance with Financial Management Rules and Procedures (FMRP), Project Handbook, Financial Reporting (Module 5), International Public Sector Accounting Standards (IPSAS), Finance and Accounting Division (FAD) Alerts and PRISM Financials etc.
Recommend both procedural and policy improvements and efficiencies in accounting/finance area to Manila Financial Services (MFS), FAD, ROs and/or Resource Management Officer (RMO)/Chief of Mission (COM) in coordination with RAS Supervisors.
Engages with the transition to changes in processes, particularly, but not limited to, new ERP implementation, data cleanup, capacity building, and other related activities to ensure a smooth and effective adaptation to the new processes.
Oversees and monitors the COs accounts compliance to IOM internal policies through ERP cloud
Assess COs risk profile based on timeliness, responsiveness, and overall performance assessment in collaboration with RO and other MFS units.
Provide timely and relevant information as required by donor, external and internal auditors.
Review and analyze the trial balance of assigned COs’ (i.e. bank/cash books, vendor accounts, purchase orders, assets, VAT, suspense accounts, etc.). Evaluate and identify exceptions/critical issues and recommend corrective actions to relevant Finance, RMO, COM and Regional Office in conformity with IOM policies and procedures.
Escalate any material findings and provide status to the RAS Supervisor, National Accounting Officer, MFS Chief, FAD or Regional Office (RO), as applicable.
Recommend improvement in internal controls and accounting practices based on IOM accounting policies and procedures, IPSAS, and best business practices.
Prepare Quarterly Update to RO for all critical issues of COs under their region.
Review, analyze and endorse project financial reports of assigned COs to ensure compliance with donor agreement (budget, funding, financial reporting template, etc.) and reports are reconciled with PRISM Financials prior to donor submission.
Prepare interest income calculation on projects as required by donor whenever applicable.
Provide periodic in-depth analysis of project balances of assigned COs to ensure that expenses are within confirmed funding, revenue is recognized timely, reporting requirements are met, project closure is performed and those projects with potential deficit are detected.
Assist and monitor COs in the timely completion of monthly accounts closure. Ensure timely receipt of accounting documents and perform review accordingly.
Provide guidance to COs on subjects related to closing of accounts and analyze issues and errors encountered by COs closure including coordination to relevant units.
Provide comprehensive training programs tailored specifically to Country and Regional offices in various aspects of financial reporting and management and provide practical insights and tools to effectively navigate complex financial issues.
Provide guidance and support in training newly hired staff with accounting processes and applications.
Ensure that all tasks received by RAS and statuses are timely updated in FinCoorp.
Provide inputs on the improvement and streamlining of processes, as well as the implementation of system enhancements.
Act as Officer-in-charge of Supervisors during leaves or official assignment.
Travel to COs as may be required in the performance of assigned tasks.
Perform other accounting functions as may be required.
EDUCATION
Completed university degree in Finance, Accounting or a related field from an accredited academic institution with 5 years of relevant work experience; or
High-school diploma with 7 years of relevant work experience.
Must be a Certified Public Accountant (CPA) or equivalent.
Accredited Universities are those listed in the UNESCO World Higher Education Database.
Experience
Experience in audit is an advantage.
Knowledge in accounting and financial reporting system of IOM is an advantage;
Experience in the SAP/ Oracle an advantage.
Skills
Sound knowledge of accounting systems and plus International Public Sector Accounting Standards (IPSAS) and internal controls.
Computer literacy including proficiency in MS Office applications.
Good analytical and problem-solving skills.
Required Competencies
IOM’s competency framework can be found at this link. Competencies will be assessed during the selection process.
Values - all IOM staff members must abide by and demonstrate these three values:
Inclusion and respect for diversity: Respects and promotes individual and cultural differences. Encourages diversity and inclusion.
Integrity and transparency: Maintains high ethical standards and acts in a manner consistent with organizational principles/rules and standards of conduct.
Professionalism: Demonstrates ability to work in a composed, competent and committed manner and exercises careful judgment in meeting day-to-day challenges.
Courage: Demonstrates willingness to take a stand on issues of importance.
Empathy: Shows compassion for others, makes people feel safe, respected and fairly treated.
Teamwork: Develops and promotes effective collaboration within and across units to achieve shared goals and optimize results.
Delivering results: Produces and delivers quality results in a service-oriented and timely manner. Is action oriented and committed to achieving agreed outcomes.
Managing and sharing knowledge: Continuously seeks to learn, share knowledge and innovate.
Accountability: Takes ownership for achieving the Organization’s priorities and assumes responsibility for own actions and delegated work.
Communication: Encourages and contributes to clear and open communication. Explains complex matters in an informative, inspiring and motivational way.
Notes
Any offer made to the candidate in relation to this vacancy notice is subject to funding confirmation.
This post is subject to local recruitment. Only those holding a valid residence and work permit for the country where this position is based will be eligible for consideration.
Appointment will be subject to certification that the candidate is medically fit for appointment, verification of residency, visa, and authorizations by the concerned Government, where applicable. Vaccination against COVID-19 will be required for IOM personnel who are hired or otherwise engaged by IOM. As part of the mandatory medical entry on duty clearance, candidates will be requested to provide evidence of full vaccination.
IOM does not charge a fee at any stage of its recruitment process (application, interview, processing, training or other fee). IOM does not request any information related to bank accounts.
IOM only accepts duly completed applications submitted through the IOM online recruitment system. The online tool also allows candidates to track the status of their application.
For further information and other job postings, you are welcome to visit our website: IOM Careers and Job Vacancies
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