Avis de recrutement : La Banque Mondiale recherche un Responsable financier – Finances et comptabilité en Inde.






The World Bank Group (WBG) is one of the world’s largest sources of funding and knowledge for developing countries. It uses its financial resources and extensive experience to help its client countries reduce poverty, increase economic growth, and improve quality of life. To ensure that countries can access the best global expertise and help generate cutting-edge knowledge, the WBG is constantly seeking to improve the way it works. Innovation and partnership are central to the five institutions of the WBG: The International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), which together form the World Bank; the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID).
Overview – WFA 
The World Bank Group Finance & Accounting (WFA) Vice Presidential Unit is responsible for all aspects of the corporate reporting and internal control framework for the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA) and the extensive Trust Fund/Partnership portfolio of these entities. WFA also leads the client shared service function for the WBG corporate expenses and WBG trust funds, ensures fiduciary responsibility for all disbursements related to Bank operations.  
Organizationally, WFA is comprised of four functional areas: (1) Corporate Accounting and Reporting; (2) WFA Trust Funds & Loans; (3) WBG Financial Control; and (4) WBG Finance and Accounting, Chennai. These units report directly to the WBG Controller who heads the WFA Vice Presidency.
Unit Overview – WFACC
The Chennai team (WFACC) of the Corporate Reporting and Analysis (WFACR) division contributes to the analysis of the financial results and the preparation of statutory and management reports of IBRD and IDA. WFACR also accounts for IBRD’s capital transactions, approval of IDA capital transactions, and corresponds with the member countries on queries related to capital transactions and balances.
WFACC is a dynamic team of accounting and finance professionals, which together with the team in Washington D.C., is responsible for all aspects of IBRD and IDA’s financial reporting. This includes quarterly/annual financial statements and management discussion and analyses, business unit accounting oversight responsibilities (loans, cash, borrowings, investments, trust funds, pension, and administrative expenses) including review and analysis of key metrices, monthly closing of IBRD and IDA’s ledgers, preparation and review of the monthly trial balances, and other ad hoc deliverables. The team also handles all aspects of IBRD’s capital accounting framework and the approval function of all IDA capital accounting transactions. The team’s roles and responsibilities provide a holistic understanding of the financial dynamics of IBRD and IDA, which places the team in a strong position to be able to assess the impact of market and institutional developments on the results of the two entities.
Financial Officer will work as part of the team of professionals to meet the Divisions responsibilities as they relate to preparing statutory and management reporting packages, Chennai liaison for ERP implementation, serve as in-house functional specialist to work with IT to leverage technology to support the Division deliverables, financial analysis and implementing various Division/institutional projects. S/he will also provide proactive task leadership to small groups of WFACC staff formed to handle projects or unique tasks.
Duties and Accountabilities:
•  Financial reporting: Serve as the key point of contact for WFACC for the preparation of IBRD/IDA’s financial statements including the MD&A, management reporting and other ancillary documents. Ensure that monthly, quarterly, and annual financial reporting is accurate, timely, and in compliance with GAAP and/or internal reporting requirements. 
•  Financial analysis: Identify trends and/or potential inconsistencies through critical review of data and fact patterns. Assess the Bank’s financial position and results in the context of market movements. Specifically, monitor the interest, foreign exchange, and credit risk exposures of all financial instruments used by the Bank, including those in the loan, investment, and the borrowing portfolios
•  Project implementation: Lead / Coordinate project team and support the Division to navigate and migration to new products, processes, and system changes. Be the subject matter expert in the assigned project to provide thought leadership in techno functional aspects in the current and changing ERP environment. As a custodian of the reporting ledgers, assess, identify, and eliminate potential bottlenecks in the new system implementation like ERP or reporting tools like Wdesk.
•  Digital Dexterity: Lead, innovate and share knowledge of best technology practices to increase efficiency and impact for the Division through incorporating technology tools to add more value to routine tasks and to solve work-related problems. Plan and provide technical direction to other team members for projects related to systems/migration.
•  Accounting Policy: Research accounting issues and interpret accounting standards in coordination with DC leads and the Accounting Policy team to ensure the application of existing and new accounting guidance timely and accurately. Maintain strong working knowledge of the applicable accounting framework as well as a thorough understanding of the Bank’s portfolios and processes to analyze the appropriate accounting treatment of new financial products and strategies
•  Internal/external relationship management: Act as the point person from WFACC for the stakeholders. Coordinate financial reporting, accounting, internal control, and external audit activities with counterparts from other business units within the Bank;
•  Support WFACC Senior Team Lead to plan recruitment of staff, set selection criteria according to skill sets and competencies required for jobs in WFACC, hire the best resources available in the marketplace, and help build a motivated team. Provide direction, training and guidance as needed to less experienced staff in the Division and serve as an adequate source of help for the teammates.
•  Plan skills and knowledge development for the team through on-the-job and external training, to ensure both staff development and the effective execution of the work plan.
•  Identify challenges and opportunities for improvement in current control and work processes and coordinate with the Senior Team Lead to devise solutions.

Selection Criteria

•  Chartered Accountants with a minimum of seven years post qualification experience preferably with a financial institution or a ‘big 4’ accounting firm.  
•  Strong knowledge of U.S. GAAP and proficiency with researching accounting literature
•  Hands on experience in statutory and management reporting for a financial institution.
•  Strong Understanding of financial reporting tool like Wdesk and ERP/SAP functionalities with the ability to converge business processes and ERP technical aspects. Project management experience handling migration of accounting /reporting software would be advantageous.
•  Working knowledge of one or more complex financial reporting tools.
•  Understanding of the overall financial dynamics of multilateral development organization would be advantageous.
•  High level of initiative, self-starter; proven problem-solving skills, ability to deliver high quality results and operates with minimum supervision 
•  Ability to deal sensitively in a multi-cultural environment and build effective working relations with clients and colleagues.
•  Ability to contribute to team performance with strong interpersonal and communication skills.
Deadline : June 09th, 2023