Green Climate Fund - Deputy Chief Financial Officer

February 2023

Deputy Chief Financial Officer

About Green Climate Fund

The mission of the Green Climate Fund is to assist developing countries to respond to climate change while bringing prosperity to their peoples.

Established in 2010, the GCF invests in transformational climate projects in the developing world. The Fund makes an ambitious contribution to global climate action and channels significant financial resources into developing countries to help build low-emission and climate-resilient societies. It is country-driven and undertakes actions which reflect the circumstances of each country concerned and its national aspirations. The GCF is a key enabler of the 2015 Paris Agreement on Climate Change.

We are looking to expand our team with more highly skilled and adaptable people who are driven by our mandate, people who appreciate challenges and know how to deliver and thrive in a fast moving, dynamic environment.

INN OVATI V E

OUR CORE VALUES

We are committed to working climate change, both through our funded activities and the sustainability of our operations.

We strive to be leaders in the field of climate finance, take risks where we see opportunities to unlock impact, and constantly explore better ways to do things and build knowledge.

R E S P ONSIV E RESP ECTFU L TRUST E D

We work in collaboration with all our stakeholders and each other, to understand what is needed, build and implement solutions, and communicate what is happening.

We value the strength in diversity, feel empowered to present a view and speak up when something is wrong, and treat each other with fairness and equity.

We are trusted to serve the best interests of developing countries with the diligence expected by our contributors, and strive for the highest standards of integrity, accountability and transparency.

Diversity and Inclusion

GCF encourages gender equality and inclusivity. Equality of opportunity and inclusiveness is fundamental to the vision and values of the Fund. The Fund will, in a nondiscriminatory manner, take proactive measures and informed decisions to further these goals.

GCF will not discriminate between candidates on the basis of sex, age, race, colour, nationality, ethnicity, creed, different abilities, sexual orientation, gender identity and/ or expression, marital or civil partnership status, parental status, religion, belief or non-belief, social or economic class, health status (including HIV/AIDS) or any other criteria that cannot be shown to be properly justifiable.

The Role

Position: Deputy Chief Financial Officer

Location of Position: Songdo, Incheon, South Korea

Salary: Attractive Salary and Benefits package

Job Summary

The Deputy CFO is responsible for the management of Finance functions under the Division of Support Services (DSS) including primary day-to-day responsibility for managing, planning and implementing all financial-related activities of the Fund. S/he will play a critical role in the Fund’s ability to scale.

Duties and Responsibilities

PURPOSE

• Lead a team of approximately 12 staff across functions on accounting, planning and reporting, treasury, operations control, and implementation of the proposed ERP;

• Drive culture of collaboration within DSS and across partner divisions particularly as it relates to execution of ERP, budgetary systems, and RCSA and other financial initiatives. Represent CFO-COO in his/her absence;

• Drive strategy and institutional initiatives to ensure a consistent operating platform and policies;

• Lead financial strategies and operational controls for project programming, managing the implications to the institution, its balance sheet and commitment authority;

• Develop and implement corporate financial strategies and budgetary systems aligned with the strategic plan;

• Formulate financial and budgetary frameworks aligned with the GCF Strategic Plan.

ENGAGEMENT

• Advise the CFO/COO on broad program areas of responsibility; evaluates proposed programs, reviews new or revised policies and procedures for impact on operations;

• Provide leadership, motivation and direction towards successful and timely execution of the team’s work plan;

• Actively engage in key decision-making process; advise Senior Management Team on foreseen risks, sound mitigation and/or corrective strategies to ensure accountability, coherence and accountability in areas of expertise;

• Develop strong relationships across peer organisations to ensure development of strong network, sharing of best practices and remaining abreast of industry standards and changes;

• Build alliances across and maintain strong relationships with senior staff to ensure cohesive programming and institutional lifecycle;

• Advise the CFO and stakeholders on GCF’s internal control framework and provide oversight on resource planning for divisions.

DELIVERY

• Advance the development of new financial products and automation strategies, managing demands on capital, and impact to facilities, staff planning and forecasting to support programming and institutional growth;

• Support the Budget Committee of the Board;

• Lead the team towards continual improvements of workflows and operational decision-making processes, and development of transparent metrics to support datadriven insights and decisions;

• Lead ERP implementation across the organization to success;

• Promote effective and efficient financial controls, supporting enterprise management of new financial instruments aligned with the dynamic operating environment in the Fund and in compliance with risk frameworks.

Candidate Profile

REQUIRED EXPERIENCE AND QUALIFICATIONS

• Master’s Degree in Financial Management, Business Administration, Public Finance, Economics or related fields. A Bachelor’s Degree with an additional 2 years of relevant work experience may be accepted in lieu of the Master’s Degree requirement;

• Professional qualifications in finance would be an asset;

• At least fifteen (15) years of successful relevant work experience in progressively responsible financial management and leadership positions in similar organizations, in an international setting;

• Experience in leading and managing large and diverse teams;

• Ability to exercise a high degree of prudence and diplomacy;

• Possessing excellent and highly effective communication skills;

• Strong problem solving and creative skills as well as the ability to exercise sound judgment and make decisions based on timely and accurate analyses;

• A strong sense of urgency and results-orientation. Ability to adapt and work effectively in a fast paced and changing environment;

• Enhances the relevance and image of the organization in the areas managed by DSS;

• Influencing skills—persuades, convinces, and creates buy-in for ideas and initiatives in order to advance goals and strategies;

• Leadership—develops the vision and implements the strategy for the business area;

• Management – engages and motivates his/her team towards continual improvement;

• Is innovative in finding effective and efficient solutions; proven track record of process optimization and driving scalable processes;

• Excellent written and oral communication skills in English are essential for this position; knowledge of another UN language would be an advantage.

How to Apply

All correspondence, at this stage, should be via Oxford HR. To apply for this post, click on the “Apply” button on the job advert page, complete our online application form, and submit your CV and cover letter. Please provide a CV and cover letter in two different documents.

The cover letter should be no more than two pages long and explain why you are interested in this post and how your skills and experience make you a good fit. The document should be saved in MS Word in the following format: Your First Name-Your Last Name-Document Name- Date (mmyyyy) e.g., Malika Cook CV022023GreenClimateFund.

Timeline

Closing date: Ongoing review of applications (Please note that applications will be reviewed on a rolling basis as soon as received and suitable candidates will be referred to the Green Climate Fund).

First stage interviews: TBC Final interviews: TBC

Selection process

All candidates will receive an update regarding their application after the closing date. We advise candidates to add the role email to their safe senders list and regularly check their spam folder.

Equality Statement

Equality and diversity are at the core of GCF’s values. Staff are expected to work collectively and individually to promote a constructive and sensitive approach to others from a variety of backgrounds, where the work of others is valued and respected.

Queries

If you have any queries on any aspect of the appointment process, need additional information, or would like to have an informal discussion, please email at gcf_deputy_cfo@oxfordhr.co.uk in the first instance.

About Oxford HR

Oxford HR operates globally - mainly within the international development and charity sectors. We carry out retained executive search mandates at board and senior management levels. We also offer human resource and organisational development consultancy.

Oxford HR has many years of experience in search as well as an extensive network of international development, social sector, corporate, public sector, and academic contacts from across the world. We carry out comprehensive and often international searches designed to meet the specific needs of our client.