Treasury and Disbursing Officer - 241675

NATO UNCLASSIFIED

Vacancy Notice

Treasury & Disbursing Officer – 241675

Primary Location: United Kingdom-London

NATO Body: Defence Innovation Accelerator for the North Atlantic (DIANA)

Schedule: Full-time

Application Deadline: 12-Jan-2025, 10:59:00 PM

Salary (Pay Basis): 5,804.30 Pound Sterling (GBP) Monthly

Grade: NATO Grade G15-G17

This post is subject to Budget Approval

The Defence Innovation Accelerator for the North Atlantic (DIANA) is NATO’s newest body. From across the Alliance, DIANA will bring together innovators and operational end users to foster a transatlantic ecosystem supporting dual-use solutions. DIANA is an independent NATO body comprised of an Allied Board of Directors and an executive management team - the DIANA Executive (DX). Operating out of regional offices in Europe and in North America, the DX will conduct DIANA’s mission: accelerating deep tech, dual-use solutions to critical transatlantic challenges in defence and security.

The Treasury & Disbursing Officer works in the DIANA Executive Office of the Financial Controller (DX OFC). The DX OFC is responsible for the management of financial and budgetary control systems for all of DIANA. As custodians of member Nations’ funds, DX OFC provides reliable and transparent financial and procurement services in support of DIANA’s mission and objectives. It works to comply with International Public Sector Accounting Standards (IPSAS) and other best practices, including robust risk management.

Responsibilities

Reporting to the DX Financial Controller, the Officer will ensure compliance with the DIANA FRPs and strengthen internal controls over all financial transactions, as well as contribute valuable expertise to broader financial operations and management processes, supporting audits.

The Treasury and Disbursing Officer will be responsible for:

1. Making the payments authorised by the Financial Officer and maintaining complete and accurate records and accounts in support of these transactions.
2. Assessing, receiving and accounting for contributions and advances from member governments.
3. Receiving funds from other sources and safeguarding all funds and negotiable documents received.
4. Forecasting requirements and investing funds in accordance with applicable financial regulations.
5. Effecting payments pursuant to applicable financial regulations.
6. Operating approved bank accounts as directed by the Financial Controller.
7. Liquidity planning and submitting requisitions for funds.
8. Supporting internal and external audit reviews and enhancing the design and effectiveness of controls.
9. Assessing, developing and implementing treasury policies aligned to risk management strategy.
10. Performing any other related duties as may be required.

Role Requirements, Qualifications and Experience

Essential

The incumbent must have:

1. Bachelor’s degree in a finance-related discipline such as accounting, economics, or finance.
2. Minimum 2 years of professional experience in financial roles with increasing levels of responsibility.
3. Exceptionally, lack of a university degree may be compensated by at least 6 years of extensive and progressive expertise.
4. Minimum 2 years working in a Treasury function.
5. Experience in assessing financial risk and managing contributions and funds.
6. Strong skills in preparing accurate financial reports and maintaining records.
7. Experience in establishing and maintaining robust internal controls.
8. Competency in ensuring compliance with financial policies and procedures.
9. Familiarity with international payment systems.
10. Knowledge of the treasury lifecycle, including cash flow forecasting.
11. Strong analytical and problem-solving skills.
12. Excellent attention to detail and organizational skills.
13. Effective communication and interpersonal skills.
14. Possess minimum levels of NATO’s official languages (English/French): V (“Advanced”) in one; and I (“Beginner”) in the other.

Desirable

The following would be considered an advantage:

1. Professional certifications such as CPA, CFA, or ACT.
2. Ability to assess and implement treasury policies aligned with risk management strategies.
3. Experience in identifying operational gaps and recommending process improvements.
4. Experience supporting internal and external audit processes.
5. Familiarity with compliance frameworks for financial operations.
6. Experience in automating treasury processes for efficiency.
7. Experience liaising with external stakeholders.
8. Experience working in an international and multicultural environment.
9. Knowledge of NATO institutional framework, policies and procedures.

What We Offer

1. Meaningful work as part of the newest unit within NATO.
2. Tax-free salary.
3. Household and children’s allowances for expatriate staff.
4. Excellent private health insurance scheme.
5. Generous annual leave of 30 days plus official holidays.
6. Flexible working conditions.
7. Opportunities for learning and development.

The incumbent is required to be a resident in the host nation for the duration of their contract. DIANA has a flexible teleworking policy.

Appointment will be subject to security clearance and medical approval.

For more information on DIANA, please visit our website.