E T Temporary
| Job #: | req35640 |
| Organization: | World Bank |
| Sector: | Finance & Accounting |
| Grade: | ET4 |
| Term Duration: | 1 year 0 months |
| Recruitment Type: | Local Recruitment |
| Location: | Chennai,India |
| Required Language(s): | English |
| Preferred Language(s): | |
| Closing Date: | 2/27/2026 (MM/DD/YYYY) at 11:59pm UTC |
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Description Do you want to build a career that is truly worthwhile? The World Bank Group is a unique global partnership of five institutions driven by a bold vision to create a world free of poverty on a livable planet. As one of the largest sources of funding and knowledge for developing countries, we help solve the world’s greatest development challenges. When you join the World Bank Group, you become part of a dynamic, diverse organization with 189 member countries and more than 120 offices worldwide. We work with public and private sector partners, invest in groundbreaking projects, and use data, research, and technology to bring tangible and transformative change around the globe. For more information, visit www.worldbank.org.
VPU & Team Context:
WBG Controllers (CTR) are responsible for all aspects of the financial reporting and internal control framework for IBRD, IDA, IFC, and the extensive Trust Fund/Partnership portfolio of these entities. It also leads the client service function for the WBG’s corporate expenses and trust funds and ensures fiduciary responsibility for all disbursements related to Bank operations.
The Chennai team (CTRCC) of the Corporate Reporting and Analysis division (CTRCR) is a dynamic team of accounting and finance professionals, which together with the team in Washington D.C., is responsible for all aspects of IBRD and IDA’s financial reporting. This includes quarterly/annual financial statements and management discussion and analysis, business unit accounting oversight responsibilities (loans, cash, borrowings, investments, trust funds, pension, and administrative expenses), monthly closing of IBRD and IDA’s ledgers, preparation and review of the monthly trial balances, and other ad hoc deliverables. The team also handles all aspects of IBRD’s capital accounting framework and the approval function of all IDA capital accounting transactions. The team’s roles and responsibilities provide a holistic understanding of the financial dynamics of IBRD and IDA, which places the team in a strong position to be able to assess the impact of market and institutional developments on the financial results of the two entities.
Duties and Responsibilities:
• Maintain the Financial ledgers, approving transactions, leading to generation of accounting and monthly closing of books of IBRD/IDA
• Maintaining the capital accounts for IBRD and IDA
• Monthly Trial Balance close process for the decentralized business units of the Bank
• Preparing internal and external financial statements/reports and other management reports for IBRD and IDA
• Coordination of the monthly closing process for the decentralized business units of the Bank. Prepare monthly financial narratives and variance analyses
• Participate in internal control assessments, analyses; and efforts to strengthen controls, based upon a strong understanding of the underlying business
• Respond to inquiries from management regarding financial results, special reporting requests, and accounting transactions
• Support projects and initiatives by analyzing impact upon accounting, reporting, and controls;
• Participate in/Perform testing of new system applications and/or functionality with/for the underlying business unit.
Selection Criteria Attention: “Preference will be given to local talent, that is, applicants that are authorized to work in the duty station for any employer. Internal applicants may apply per existing guidelines.”
• Chartered Accountant degree required. Bachelor’s in finance, Accounting or relevant discipline is a must.
• Candidates with 0-1 year of post-qualification experience in similar or complementary roles are required.
• Knowledge of accounting and reporting standards, finance concepts, and business practices. Exposure to US GAAP is preferred
• Good conceptual, analytical, and appraisal skills; and the ability to interpret and present financial information clearly
• Excellent verbal, written and interpersonal communication skills
• Proficiency in Microsoft Windows applications, namely Excel, Word and Power Point.
• Basic knowledge of financial instruments and financial markets
• Comfortable working in a pressured environment with capacity to deliver high-quality outputs and results in tight deadlines
• Ability to multitask and work effectively in multidisciplinary teams; and
• High degree of self-motivation and ability to work under minimum supervision and as part of a team.
WBG Culture Attributes: 1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders. World Bank Group Core Competencies As per WBG policy, an Extended Term (ET) appointment is subject to a lifetime maximum of three (3) years. Former and current ET staff who have completed or are in the process of completing their third-year ET appointment are not eligible for future ET appointments. We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Learn more about working at the World Bank and IFC, including our values and inspiring stories. |
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Before applying, please make sure that you have read the requirements for the position and that you qualify. Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.