Oracle Financial Functional Stream Lead

Introduction:    

Established in 1951, IOM is a Related Organization of the United Nations, and as the leading UN agency in the field of migration, works closely with governmental, intergovernmental and non-governmental partners. IOM is dedicated to promoting humane and orderly migration for the benefit of all. It does so by providing services and advice to governments and migrants.

IOM is committed to ensuring a workplace where all employees can thrive professionally, while working towards harnessing the full potential of migration. Read more about IOM's workplace culture at IOM workplace culture | International Organization for Migration

Applications are welcome from first- and second-tier candidates, particularly qualified female candidates as well as applications from the non-represented member countries of IOM. For all IOM vacancies, applications from qualified and eligible first-tier candidates are considered before those of qualified and eligible second-tier candidates in the selection process. 

For the purpose of this vacancy, the following are considered first-tier candidates:

Internal candidatesCandidates from the following IOM Member States:

Antigua and Barbuda, Bahamas, Barbados, Comoros, Congo (the), Cook Islands, Dominica, Federated States of Micronesia, Grenada, Guinea-Bissau, Holy See, Iceland, Israel, Kiribati, Lao People's Democratic Republic, Madagascar, Marshall Islands, Namibia, Nauru, Palau, Saint Kitts and Nevis, Saint Lucia, Samoa, Sao Tome and Principe, Solomon Islands, Suriname, Tonga, Tuvalu, Vanuatu

Second tier candidates include:

All external candidates, except candidates from non-represented member states of IOM.

Context:

The Accounting and Financial Reporting Division (ACO) of IOM is responsible for monitoring, analysing and reporting on the financial position, financial performance and financial risks of the Organization. The Division’s fundamental functions include preparing key financial statements and reports including the Annual Financial Report using International Public Sector Accounting Standards (IPSAS); developing and implementing accounting policies, procedures, as well as related internal controls and oversight mechanisms to ensure integrity of accounting data an safeguard the Organization’s resources and assets; controlling accounting master data structures within IOM’s SAP-based Enterprise Resource Planning (ERP) system (PRISM); and liaising with external and internal auditors and other stakeholders on accounting and financial reporting related issues and concerns.

Within its Business Transformation (BT) process – a priority driven by IOM’s Internal Governance Framework – IOM will undertake a global review on its current accounting and financial reporting set-up, master data architecture and ERP based process flows to update its systems and establish a fit-for-future financial accounting and reporting set-up globally.

Under overall supervision of  the Chief Information Officer/Director ICT the direct supervision of the Chief, Corporate Solutions and functional supervision of the Deputy Comptroller/Director of Accounting and Financial Reporting, the Oracle Financial Functional Stream Lead (Finance to Manage) will be responsible for advising and implementing BT initiatives and supporting ongoing projects in the Division, including assessing and redesigning the enterprise accounting architecture of IOM, accounting master data structures and financial accounting processes while duly considering interlinkages with other financial and non-financial functions of IOM. 

Play a key BT role in the Division for the accounting and financial reporting functions, with a focus on IOM’s accounting and financial reporting systems and solutions.

Act as ACO’s Operative Focal Point for the BT Team with regards to reviewing IOM’s ERP-based financial and accounting processes and procedures.

Represent the accounting and financial reporting function in implementing the newly defined financial framework within the BT project.

Collaborate with the ACO team, other DRM Divisions, the Administrative Centers, Country Offices, and other relevant organizational units to gain a comprehensive understanding of accounting and financial reporting business processes and system linkages.

Lead the Chart of Accounts redesign process in order to establish gap analysis where deemed not fit for purpose, establish design criteria to facilitate a new or revised design considering best practices, standard accounting principles, the IOM Financial regulation, the International Public Sector Accounting Standards (IPSAS) and incorporating required items specific to IOM business model.

Lead the assessment of IOM’s consolidated and centrally governed financial and accounting master data structures, architecture and lifecycle with a view to develop recommendations to simplify, harmonize a