| Description
Do you want to build a career that is truly worthwhile? Working at the World Bank provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank consists of two entities – the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). It is a global development cooperative owned by 189 member countries. As the largest development bank in the world, the World Bank provides loans, guarantees, risk management products, and advisory services to middle-income and creditworthy low-income countries, and coordinates responses to regional and global challenges. Visit www.worldbank.org.
Vice-Presidency Context
The Budget, Performance Review, and Strategic Planning Vice Presidency (BPS) is organized into three Departments: BPS Strategic Planning (BPSSP) with teams supporting the corporate strategic business and budget planning process; BPS Operations Units (BPSOU) with teams supporting Practice Groups and Regions; and BPS Corporate Units (BPSCU) with teams supporting corporate units, providing capital budget support, and providing BPS systems, knowledge, and shared services.
BPS’ service delivery model has three core roles: (1) Business Partners (serving clients directly with focus on decision support and performance oversight); (2) Centers of Expertise (CoEs) (providing thought-leadership and analytics, designing business finance policies, practices and systems, and coordinating knowledge management); and (3) Service Center (managing delivery of high volume and transactional and reporting services across Bank, including help desk support to clients).
Unit Context
As BPS aligns to the challenges of implementing the Evolution agenda and future business needs, BPS is recruiting for the Manager of BPS’ Service Center in Chennai (BPSCH). He/She will work closely with other BPS Managers supporting Corporate, Global Practice, and Regional VPs as well as those supporting the various Centers of Expertise; and be part of the BPS Leadership Team where there is joint responsibility for the implementation of the budget reform and the BPS service delivery model. This position will report to the Director for BSPCU.
Duties and accountabilities:
Fundamentally, the Manager, BPSCH will be responsible for organizing, providing technical leadership, and supervising all components of the unit’s work program, including:
A) Business Responsibilities
• Manages the BPSCH team that provides BPS services, including advisory services (AskBudget); capital accounting data entry, monitoring, and reporting support; external funds processing, monitoring, and advisory; internal controls, including VPU Authorization Administrator (VAA); finance and accounting support; preparation/delivery of established reporting/analytics on agreed portals/platforms; SAP and BPC process execution, reorganizations, and application support; general transactions processing, reposting, and chargebacks; and other services agreed with clients over time.
• Is an active member of BPS’ Leadership Team, participates in cross cutting activities, and from time to time, takes on leadership roles in BPS-wide activities, such as recruitment and other HR initiatives.
• Provides support and advice to the Vice President and the Director(s) of BPS, as requested.
B) Finance/Budget Responsibilities
• Effectively and efficiently manages BPSCH budget, ensuring its effective formulation and input into budget decisions.
• Advocates and drives cost-effective delivery of business finance services, promoting transparency, simplicity, standardization, and automation.
• Identifies and communicates business priorities and requirements for enhanced/new processes, practices, programs, and tools to unit staff and clients.
• Supports other CoEs to mainstream budget improvements and solutions across the Bank, working in close partnership with other members of the BPS Leadership Team to solve problems.
C) Talent Management Responsibilities
• Manages the unit staff, including recruitment, evaluation, and career development of staff.
• Provides leadership and support to her/his staff to build sustainable finance skills and capacity to effectively deliver BPS services.
• Promotes teamwork within own unit, with other BPS units, and institution-wide, where applicable.
• Manages and oversees the engagement and evaluation of technical consultants within the BPS unit, as needed.
Selection Criteria
• Relevant advanced degree (finance, accounting, economics, etc.) required to fulfill position specific requirements OR non-relevant degree plus an internationally recognized completed professional finance/accounting qualification (e.g., CPA, CA, ACCA, CGMA, CMA)
• Strong professional experience, typically a successful candidates will have 12 years of experience in positions of increasing complexity and responsibility across two or more financial service areas.
• Deep understanding of finance policies, procedures, practices, and systems in the World Bank Group or other similar institutions.
• Successful experience in managing staff in multicultural and/ or international context, either as a manager or supervisor.
• Proven ability to interact effectively with corporate and external counterparts.
• Superior written and oral communication skills with ability to convey complex messages succinctly and diplomatically.
• Strong organizational skills, with proven change management experience, ability to multi-task, and pay attention to details while maintaining a clear sense of business priorities.
Managerial Competencies Required
• Courage of your Convictions – Outstanding WBG managers demonstrate the confidence in their convictions and the integrity to express themselves to peers and superiors even if it is easier or more comfortable to refrain from speaking up. They have the confidence, balanced with humility and judgment, to operate with the intent of doing what is right for the WBG and its clients.
• Leading the Team for Impact – Outstanding WBG managers focus on the WBG purpose and mission to provide on-going clarity and vision to their teams. They align capabilities and resources around the WBG mission. They create an energizing and empowering work environment where people are engaged and have the resources necessary to do their jobs, while holding team members accountable for results and improvement.
• Influencing Across Boundaries – Outstanding WBG managers persuade, convince, and create buy-in for ideas and initiatives to advance their own goals and strategies, consistent with the WBG mission and vision.
• Fostering Openness to New Ideas – Outstanding WBG managers create open and innovative climates for the people around them. They are transparent, open to divergent views and encouraging of these attributes in others. They promote broad thinking and frank discussion, welcoming others’ input into the decision-making process, and they build on others’ ideas.
• Building Talent for the Future – Outstanding WBG managers build people’s capabilities for the future by supporting and leveraging the diversity of staff in terms of their race, gender, nationality, and culture, educational and professional backgrounds. They create growth opportunities for others, encouraging them to stretch beyond their current experience or comfort zone. They provide ongoing feedback and development, including long term career development and mentoring, as well as hold their team members accountable for developing others.
The World Bank Group values diversity and encourages all qualified candidates who are nationals of World Bank Group member countries to apply, regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Sub-Saharan African nationals, Caribbean nationals, and female candidates are strongly encouraged to apply.
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