Finance & Accounting

Do you want to build a career that is truly worthwhile? Working at the World Bank provides a unique opportunity for you to join us to help our clients solve their greatest development challenges. The World Bank (WB) is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions (IBRD, IDA, IFC, MIGA, and ICSID) dedicated to ending extreme poverty, increasing shared prosperity, and promoting sustainable development on a livable planet. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges.  

The WB Finance & Accounting (WFA) Vice Presidency is responsible for all aspects of the financial reporting and internal control framework for IBRD and IDA, and the extensive Trust Fund/Partnership portfolio of the WB entities. It supports an appropriate fiduciary control framework and administering disbursements for Bank lending and leads the client service function for the WB’s corporate expenses.

Organizationally, WFA is comprised of three departments: (1) Corporate Accounting and Reporting, (2) Trust Funds and Loans, and (3) Financial Controls. In WFA, our mandate supports both internal and external clients while we focus on delivery, optimization, impact, and people & culture.

Selection Criteria:

Education:

• Recognized professional accounting qualification (e.g. Certified Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA), Chartered Institute of Public Finance Accountants (CIPFA)) is required.
• A bachelor’s degree in finance, accounting or a relevant discipline, is required.
• Master’s degree in a relevant discipline – such as business administration, finance, or accounting is a plus.

Experience:

• Minimum of five (5) years of relevant work experience.
• Experience with a financial institution or an accounting firm is a plus.
• Preferrable: Big Four or equivalent public accounting experience would be advantageous.

Language:

• The ideal candidate should have advanced fluency in both English and [Mandarin or Spanish] with the ability to clearly communicate in both written and spoken forms and to conduct meetings in the referenced languages. Proficiency level will be tested during the recruitment process.

Knowledge and Skills:

• Relevant knowledge and experience with banking operations.
• Relevant knowledge of Generally Accepted Accounting Principles (GAAP), internal controls and financial management.
• Knowledge and application of the World Bank’s Operational Policies and Procedures and how they relate to disbursements and loan portfolio management.
• Ability to exercise professional judgment and appropriately interpret and apply operational policies, as they relate to disbursements and loan portfolio management.
• Willingness to travel and participate in short-term assignments.
• Strong quantitative skills with superior attention to detail and numerical accuracy.
• Ability to manage complex tasks, deal with rapidly shifting priorities, provide professional support to senior staff and deliver against ambitious deadlines.
• Demonstrates good understanding of risks and internal control procedures pertaining to various activities in own functional areas.
• Ability and familiarity working with automated systems, experience with AI, and generative technologies considered a plus.
• Strong client focus including good interpersonal, diplomatic and team building skills required for building and maintaining collaborative relationships.

Source: https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=29261&site=1