Application Deadline : 29 Jan 2013
World Bank invites applications from the eligible applicants for the position of Financial Management Analyst. Applicants must have proficiency in English and Spanish. Job location is Aires, Argentina.
Duties and Responsibilities :
• Provide implementation support and carry out supervision work to ensure that projects financial management systems are functioning appropriately, including the review of periodic interim financial reports.
• Assess the selection and engagement of auditors, ensuring their suitability including their independence, and competence to perform audits; and ensure that the borrower provides auditors with all the relevant information (including Terms of Reference and Bank requirements) necessary to carry out their engagement.
• Review audited financial statements and other periodic financial reports received, monitor the Borrower’s compliance with financial covenants including audit compliance, ensure adequate communication with the Borrower and the project implementing agencies with respect to audits and other financial reports, and advise as appropriate.
• Actively participate in partner country institutional development activities related to financial management, including analytic work, capacity building projects or components, technical assistance, training, and knowledge sharing.
• Provide guidance and advice to borrowers, country institutions and Bank staff on capacity building and performance improvement of projects, public sector accountability institutions, accounting and auditing standard setters and regulators, and professional accountancy organizations.
• Update and using information in the Bank’s systems as needed (ARCS, PRIMA, SAP).
• As requested by the RFMM, undertake other FM activities, as appropriate.
Qualifications and Experience :
• The candidate should be a professional accountant (CPA, CA or equivalent membership of an internationally recognized professional accounting institute) with a Bachelors degree in accounting, business, finance, economics or related subject.
• 3 years of relevant experience in financial management.
• Language: Fluency in English and Spanish is required.
• Knowledge of current issues in financial management, including relating to the public sector and relating to developing country issues.
• Experience in designing and assessing internal control systems and procedures, and knowledge of internationally accepted control frameworks such as COSO/ERM.
• Experience in and/or ability to evaluating audits, assessing auditor competence, and following up on issues raised by the audits.
• Ability to interpret financial and project management reports and determining appropriate remedial actions.
• Ability to assess the quality of portfolio performance on financial management.
• Ability to understand cross-cutting issues beyond financial management (e.g. procurement, governance, public sector management) at sector/country level.
• Experience in advising clients on the design and implementation of financial management systems, including financial and management reports.
• Strong planning, organization and time management skills to function in a team and contribute towards a common goal. Ability to handle multiple tasks and projects.
• Ability to communicate effectively, in writing and orally, including situations requiring negotiation.
• Understanding of information systems and the application of new technology.
• Willingness and ability to travel frequently.
For more information visit this link.
