Summary
Date Posted: Wednesday, June 05 2024, Base Salary: Not Disclosed

JOB DETAILS:
ORGANIZATIONAL CONTEXT
The Independent Oversight Advisory Committee (IOAC), previously called the Audit Committee, serves in an expert advisory capacity and provides independent, expert advice to the Executive Board and the Executive Director in fulfilling their governance responsibilities, including ensuring the effectiveness of WFP’s internal control systems, risk management, audit and oversight functions, and governance processes. The IOAC aims to add value by strengthening accountability and governance within WFP.

KEY ACCOUNTABILITIES (not all-inclusive)
The specific responsibilities of the IOAC include advising the Executive Board and the Executive Director on the following:
• Internal oversight/internal audit/investigation function: provide advice on the independence and mandate of the Office of the Inspector General; review its budget and staffing requirements; review its overall performance and issue related recommendations, provide advice on the selection and performance of the Inspector General and Director, Oversight Office and on the annual plan for oversight activities;
• Risk Management and Internal Controls: the effectiveness of WFP’s internal control systems, including risk management and internal governance practices;
• Financial Statements: issues arising from the audited financial statements of WFP, and reports to WFP management and the Executive Board produced by the External Auditor;
• Accounting: the appropriateness of accounting policies, standards and disclosure practices and any changes and risks in those policies;
• External audit: the External Auditor’s work plan and reports, including any comments for consideration by the External Auditor in the independent determination of their work plan and issued reports; the IOAC may provide, upon request of the Executive Board, advice on the selection of the External Auditor, including the costs and scope of the services to be provided, and to the Executive Board regarding the fees charged by the External Auditor and on extensions of the audit work or additional work required of the External Auditor;
• Values and Ethics: the systems established by WFP to maintain and promote international civil service values, and to ensure compliance with applicable norms and policies, and high standards of integrity and ethical conduct, to prevent conflicts of interest and misconduct; and
• Allegations of Inappropriate Activity: the process for handling and investigating significant allegations.
• Evaluation: evaluation policy; evaluation strategy and charter; annual work plan and budget; quality assurance systems for the evaluation function; and external assessments. Review the effectiveness of the evaluation function and provide a forum to discuss matters raised in WFP evaluations;
• Management response and follow up: provide advice on the adequacy of management response and follow-up to audit, ethics, ombudsman and evaluation recommendations.

QUALIFICATIONS AND KEY REQUIREMENTS
Education:
• Advanced university degree Finance, Accounting, Business , Economics, Law and related Social Sciences or a first degree with additional professional experience.

Experience:
• At least 15 years of progressively responsible Senior Management experience in Finance, Audit, and/or Evaluations;
• Proven experience in organizational governance and accountability structures, including risk management.
• Demonstrated knowledge of large, international, and complex organizations;
• Understanding of general legal concepts;
• Demonstrated ability to deliver recommendations across different levels of a multicultural organization;
• A track record of providing expertise in an advisory capacity to Executive level stakeholders;
• Previous Audit Committee (or similar) experience preferred.

Language:
• Fluency (level C) in the English language.



Work Hours: 8

Experience in Months: 180

Level of Education: Bachelor Degree

Job application procedure

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