POSITION OBJECTIVE:

Lead, design, implement, and strengthen the financial management supervision of projects and programs financed by CABEI, ensuring the proper use of the Bank’s resources through the assessment of financial management systems and capacities, the identification and mitigation of risks, the validation of disbursed funds, and the implementation of financial supervision mechanisms. Additionally, lead the preventive monitoring of financial execution aspects in coordination with Country Offices, contributing to compliance with contractual conditions, the proper execution of operations, and the achievement of their intended results and impacts. The position is also responsible for leading the development and updating of the institutional regulatory framework, methodologies, and tools aimed at strengthening project financial management and enhancing the capacities of executing agencies. Furthermore, the incumbent will support the Credit Management Office and its departments as required.

GENERAL REQUIREMENT: To reside in Honduras.

Bachelor's or Equivalent with a Master's degree or equivalent or a Bachelor's degree or Equivalent with at least two years of additional experience to that required by the position.

EXPERIENCE REQUIRED BY THE JOB:

  • Experience in the financial supervision and management of projects and programs.
  • Experience in assessing fiduciary and financial management capacities of executing agencies and IFIs.
  • Experience in developing and implementing financial management regulations and methodologies.
  • Experience in monitoring audits, financial settlements, and accountability processes.
  • Experience coordinating with executing agencies, external auditors, and entities responsible for resource administration.                               

GENERAL EXPERIENCE:

  • Minimum professional experience: 10 years.

FUNCTIONS:                  

  • Lead and coordinate the technical team responsible for financial supervision, ensuring the quality, consistency, and timeliness ofanalyses, reports, and recommendations.
  • Coordinate with Country Offices, technical areas, and other Bank departments to ensure comprehensive and timely financial supervision of operations.
  • Lead the financial management supervision process for CABEI-financed projects and programs by defining strategies, methodologies, guidelines, and supervision priorities aimed at ensuring the proper use of Bank resources.
  • Design, implement, and update project financial supervision plans, considering risk levels, complexity, operational characteristics, and the institutional capacity of executing agencies.
  • Coordinate the validation of financial settlements, accountability reports, external audit reports, and the final use of resources disbursed by CABEI, including operations channeled through Intermediary Financial Institutions (IFIs), ensuring compliance with applicable contractual, regulatory, and fiduciary requirements.
  • Coordinate the review and validation of financial conditions stipulated in project and program loan agreements.
  •  Lead the assessment of financial management and internal control systems of executing agencies to determine their capacity to properly manage Bank-financed resources.
  • Lead the identification, analysis, monitoring, and mitigation of financial management risks throughout the operational lifecycle, promoting preventive and corrective actions to reduce their impact.
  • Participate in the identification, preparation, appraisal, implementation, and evaluation phases of operations, providing specialized financial management expertise to support institutional decision-making.
  • Lead the development, updating, and implementation of the regulatory, methodological, and procedural framework related to the financial management of CABEI-financed projects.
  • Issue guidelines, criteria, and technical recommendations to strengthen the application of best practices in financial management, internal control, and resource administration.
  • Promote capacity building among executing agencies through the development and dissemination of tools, guidelines, training materials, workshops, and technical resources aimed at improving project financial management.
  • Prepare and present executive reports, analyses, and recommendations on the financial management status of the project portfolio, supporting decision-making by the Credit Management Office and other Bank authorities.
  • Ensure the incorporation of best practices, international standards, and lessons learned into the financial supervision processes of CABEI-financed projects.
  • Design, execute, and control the budget of the Financial Management Department.

REQUIRED KNOWLEDGE:

  • Project administration and supervision.
  • Experience managing various contracting modalities.
  • Project financial control, supervision, and monitoring frameworks and procedures.
  • Project financial management, internal control, and resource administration.
  • Financial analysis, financial forecasting, and financial risk evaluation.
  • International practices and standards, including those of multilateral organizations, related to project financial management.
  • Institutional strengthening and capacity development of executing agencies.
  • Socioeconomic context of Central American countries.
  • Project Finance and Public-Private Partnership (PPP) financing models.                

REQUIRED SKILLS:

  • Ability to lead and coordinate the technical team responsible for financial supervision, ensuring the quality, consistency, and timeliness of analyses, reports, and recommendations.
  • Managerial ability to lead and motivate multidisciplinary and multicultural teams.
  • Strong communication and teamwork skills.
  • Independent judgment supported by technical expertise, enabling sound professional recommendations.
  • Proficiency in Spanish and English.

REQUIRED COMPETENCIES:

  • Lead by example.
  • Communication and Emotional Intelligence.
  • Teamwork.
  • Service Quality.
  • Resilience.
  • Agile Problem Solving.
Eligible Nationalities: Member Countries.

Through "phishing" techniques, unauthorized sources could potentially send emails with false and unauthorized content in the name of the CABEI.

CABEI would like to inform the public that the only official communication channels are through its website at www.bcie.org, its social media accounts, and the institutional email which originates exclusively from accounts and servers under the Bank's domain: @bcie.org. For recruitment contests, emails are sent from the Cornerstone application domain: @csod.com.

At Impactpool we do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
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.