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Description
At the World Bank, a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. For more information, visit https:// www.worldbank.org/en/who-we-are/ibrd
Unit Context:
CTRTA is responsible for accounts payable, fixed assets and lease accounting, quality assurance (QA) program, travel accounting, sanctions screening and SAP security oversight. It also provides strategic leadership and guidance to business units across the WBG on developing and maintaining an effective system of internal controls over these functions.
The QA Program assesses the WBG Units’ compliance with administrative expense policies and procedures and recommends corrective actions as appropriate. In collaboration with the Units and stakeholders, the program monitors compliance and strengthens internal controls by building awareness of compliance trends and exceptions. It identifies opportunities to strengthen controls and simplify processes through behavioral, policy, process and system changes. It also provides a basis for management’s annual assertions regarding controls over administrative expenses.
The Quality Assurance unit (CTRQA) located in Chennai, India, functionally reports to CTRTA and supports CTRTA in the effective delivery of the QA Program. CTRQA is currently seeking an Extended Term Temporary based in Chennai, India, reporting to the Team Lead. Primary area of responsibility is to ensure best-in-class service delivery for the QA program.
What you will do:
Quality Assurance Reviews:
• Review of the WBG’s administrative and capital expense transactions to verify accuracy of records, compliance with Bank’s policies and procedures.
• Assess controls relating to WBG country offices by conducting country office deep dive reviews.
• Follow-up with the units on appropriate and timely submission of documentation and clarifications for review.
Accounting:
• As part of the Accounting and Reporting job stream, you will prepare trial balance reports covering administrative expense ledger accounts and provide appropriate analyses of expenses, coordinate with the Analyst and TL for sign-off to the reporting units.
Financial Analysis:
• Identify themes, trends, and emerging risks as part of continuous monitoring activities and support the visualization, presentation of the analyses.
• Perform ad hoc analytics requests.
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."
What you will bring:
Education:
• Bachelor’s or Master’s degree in a relevant discipline (Ex. Finance, Accounting, Taxation)
• CA, CPA or equivalent designation is preferred.
Experience:
• 2 years of relevant experience or equivalent combination of education and experience
Knowledge and Skills:
• Good understanding of generally accepted accounting principles, accounting controls over accounting processes and financial reporting operations; familiarity with generally accepted auditing standards in these areas.
• Strong analytical skills with ability to collate, organize and interpret data, assess issues, develop sound conclusions, formulate remedial measures with attention to detail and accuracy.
• Proficiency in Microsoft Windows applications, namely Excel, Word and Power Point, including advanced spreadsheet design, manipulation, and analysis skills.
• Proficiency in Power BI, Power Query, Alteryx, or similar data analytics and automation tools is an added advantage.
Abilities:
• Strong communication skills, including the ability to explain and express views/opinions clearly and confidently
• Ability to deal sensitively in a multi-cultural environment and build effective working relations with clients and colleagues
• Exhibit a personality that enables the incumbent to be client focused, flexible and an excellent team player. Ability to effectively work with other staff in the department and elsewhere in the Bank.
• Self-motivated person with high degree of initiative and a strong team player.
WBG Culture Attributes:
1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results..
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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