Financial Analyst

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Description

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• Prepare resource planning reports, revenues, and expense forecasting, ensuring that accurate and pertinent information is presented; share information and draft relevant documents and responses to the Budget, Performance Review & Strategic Planning (BPS) staff.
• Assist in managing the RAMP Trust Fund.
• Assist in developing and updating RAMP policies and procedures related to budget and work on RAMP financial planning and reporting for RAMP Revenues, Trust Funds, World Bank budgets, and other sources of funds.
• Advise staff and managers on issues relating to core Resource Management (RM) systems, policies, and procedures.
• Troubleshoot issues in commonly used Bank systems, especially SAP. 
• Solve problems related to core advisory areas, including the Time Recording System (TRS) and regular RAMP transactions.
• Under World Bank’s cost accounting framework, review and prepare repost transactions to appropriate internal orders, as needed.
• Produce standard activity and unit-level reports on budget and projections using inputs from senior staff and operational management and provide analysis of budget information.
• Design and maintain Excel spreadsheets, supporting the RAMP Financial Management team.
• Draft and articulate business requirement documents related to new business needs, products, and policies. Perform user acceptance testing of new systems and functionality for reporting and forecasting RAMP activities (using the internal RBAT tool).
• Lead/assist/support the response to queries from team leads, senior management, business partners etc.
• Develop analytics from SAP for management reporting.
• Support the team lead in reviewing financial documents and draft communication to Finance partners, especially BPS, controller, and accounting.
• Implement efficiency-improving utilities and applications as needed.
• Participate in RAMP projects and business initiatives as requested.
• Provide quarter-end reporting to task team lead for review.
• Provide ad-hoc analysis to task team lead and TREAP Manager.

• Oversee transactions involving Corporate Procurement and vendor payments and liaise with the GCS Chennai Team on transaction processing.
• Conduct a quality review of incoming requests and ensure that relevant and complete supporting documentation is provided.
• Perform timely follow-up and advise project leads to expedite procurement of goods and services in line with World Bank policies and guidelines.
• Resolve issues with vendors, project leads, and accounts payable on invoice payments and other matters.
• Periodically prepare and analyze reports (i.e., Purchase Order Summary, Procurement Statistics) as a tracking system to monitor outstanding commitments, follow-up actions, and payments, including external client learning expenses (PCards, Events Cards, Purchase Orders, etc.).
• Provide support and advise TREAA staff for all procurement programs including, but not limited to, vendor registration, helpdesk support, eConsultant, eServices, goods receipt, electronic imaging, PCards, etc.
• Lead and prepare documentation on general procurement-related tasks, such as sole source justification, competitive guidelines, and process clarification.
• Support RFP processes by preparing, reviewing, and evaluating vendor responses.
• Review transactions in Admin Portal and SAP to ensure compliance with corporate procurement guidelines, follow-up actions regarding approvals, and pending queries.
• Guide the hiring of STCs and STTs.

• CPA or equivalent designation. Masters in a relevant discipline (e.g., finance, business administration, or accounting) with at least three years of relevant work experience or an equivalent combination of education and experience. Preferable: knowledge of the World Bank’s Trust Funds business is advantageous.
• Experience in performing system user testing, evaluating, and documenting results.
• Hands on experience with an ERP system – with strong preference to SAP experience or experience in accounting systems of comparable complexity.
• Strong analytical and quantitative skills for data management.
• Capacity to deliver a substantial and proficient level of work independently.
• Sense of responsibility, integrity, and positive attitude.
• Excellent communication and presentation skills, both verbal and written.
• Strong interpersonal skills and ability to develop productive relationships internally and externally and promote collaboration to achieve the team’s objectives.
• Experience in financial management, budgeting, and resource planning.
• Knowledge of World Bank policies and procedures, including relevant Staff and Administrative Manuals, Corporate Procurement Guidelines, HR policies and procedures, Resource Management, Trust Funds, and other guidelines.
• Ability to network and collaborate with colleagues across the Bank’s service providers, especially AskAccounting, AskBudget, Corporate Procurement, and finance partners.
• Proficiency in Excel and Excel VBA, Word, and PowerPoint are required.
• Flexibility to perform various tasks and expand the scope of work and responsibilities.
• Demonstrated and proven attention to detail is required.
• Highest ethical standards.

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