The IFC Controllers Department is responsible for effectively and efficiently managing IFC’s Financial Operations (loan, equity, and short-term finance operations, and back-office treasury support operations), Financial Reporting (including reporting and analysis, portfolio review, investment accounting, and accounting policy), Internal Controls, and Financial Integration, Systems, and Projects.

The Department comprises approximately 130 diverse and highly skilled staff based in Washington DC and Chennai.

The IFC Controller’s Treasury Support Operations Division (CNTTR) provides back-office and accounting services for all IFC Treasury activities.

CNTTR also provides operational support in developing IFC Treasury’s new business initiatives and products. The CNTTR team is in Washington, DC (HQ) and Chennai (India) and delivers its work program on a cross-support basis. The team providing cross-support interacts with colleagues in Washington on a day–to–day basis and ensures that the support operations are successfully delivered.

CNTTR has co-located some aspects of its work program to IFC’s Chennai Office (CNTCO), which has recruited staff in the IFC Financial Operations Support team (CNTTS) to deliver this work program.

The team provides support and interacts with IFC colleagues in Washington on a day–to–day basis.

The IFC Controllers Department seeks a Financial Operations Analyst for Chennai’s IFC Treasury Support Operations unit (CNTTS). This technically specialized position will support the processing of Treasury transactions, including bonds, derivatives, etc. The position requires a working knowledge of treasury products and relevant accounting standards and proficiency in handling multiple systems, including Summit (the front-to-back treasury system), payment processing systems, etc.

The selected candidate will be required to work with various team functions and become a fully functional team member within a short timeframe.

The position requires the ability to establish productive relationships with staff at all levels within the team and across various units of IFC. The incumbent will report to the Associate Financial Operations Officer in CNTTS, Chennai. The staff should be open to flexible hours and follow the Washington D.C. (HQ) holiday calendar, as the work program involves dealing with global markets.

The Financial Operations Analyst will work as part of a team of professionals to meet the group’s responsibilities related to the delivery of back-office and accounting functions for all IFC Treasury activities.

Responsibilities will include the following, including –

• Perform trade servicing activities, including flow analysis, validation and processing, reconciliation, and troubleshooting of the settlements.

This task involves interfacing with market counterparts, custodians, banks, and internal partners as needed

•  Communicate effectively with IFC Treasury Support Staff and management in Chennai and Washington, D.C.

(HQ) on the status of all assigned activities

•  A master’s degree, preferably with a major in business administration, accounting, finance, or international trade.

Professional qualifications such as CA/CPA/ACCA and/or CFA/FRM are a plus

•  Client Understanding and Advising: Advises the clients and helps them think proactively about how to best meet their current and future needs, taking into consideration the real underlying issues.

Works across CNT and with other VPUs to define client needs and develop the right solutions to meet those needs.

PLUS: Provides recommendations to multiple VPUs that can add value to customers beyond normal offerings.

•  Information Technology and Systems: Demonstrates understanding of the functions and operations of pertinent IT systems and applications.

Provides inputs to IT systems improvement efforts based on day-to-day working experience and knowledge of the systems.

•  Analytical Thinking: Coordinates the information gathering and reporting process.

Reviews trends and compares them to expectations. Conducts analysis to define problems and prepares responses to anticipated questions.

•  Communication: Adapts the communication style appropriate for the intended audience.

Adopts an inclusive approach to communication as is appropriate to the situation, so as to ensure adequate partner participation.

Presents information effectively and encourages feedback.