Senior Financial Management Specialist

2 weeks ago

Pretoria, Gauteng, South Africa IFC Systems Corporation Full time

Senior Financial Management Specialist

Job #:

- req27454
Organization:

  • World Bank
    Sector:
  • Governance
    Grade:
  • GG
    Term Duration:
  • 3 years 0 months
    Recruitment Type:
  • Local Recruitment
    Location:
  • Pretoria,South Africa
    Required Language(s):
  • English
    Preferred Language(s):

Closing Date:

  • 5/28/2024 (MM/DD/YYYY) at 11:59pm UTC
    Description

Eastern and Southern Africa (E AFR) Region


We need the best and brightest talent focused on our region in order to harness the potential and innovation happening across the continent.

Home to about 700 million of Africa's people, Eastern and Southern Africa is a geographically, culturally and economically diverse region of 26 countries stretching from the Red Sea in the North to the Cape of Good Hope in the South.


The subregion harbors some of Africa's protracted conflicts, rendering many of its countries fragile, while significant gaps in education, health, and skills development continues to keep people from reaching their full potential.

This creates a huge development challenge, impacts heavily on the lives and livelihoods of people, and hinders regional integration and trade But it also creates an opportunity to work closely with country leaders, civil society, development partners, and young people to chart a brighter course for the future.

Are you ready to make an impact? We are looking for dedicated professionals to join our innovative and diverse team to improve people's lives and help countries build back better after COVID

Prosperity Practice Group


The Prosperity Practice Group (PG) supports economic policies and legal, regulatory and institutional reforms to enable equitable and sustainable growth and to promote sustainable institutions that serve to reduce poverty.

It comprises four Global Practices - Finance, Competitiveness & Innovation; Macroeconomics, Trade & Investment; Poverty & Equity; and Governance.

The Governance Global Practice
More than half of the global population expresses distrust in government institutions.

The Governance GP helps developing countries build capable, efficient, open, inclusive and accountable institutions that can support economic growth, reduce poverty, deliver needed services and earn the confidence of citizens.

Our work encompasses public financial management, public procurement, civil service reform, open government, anti-corruption, and using technology to improve quality and access to government services.


Country Management Unit Context
The AECS1 country management unit (CMU) covers 5 countries (Botswana, Eswatini, Lesotho, Namibia and the Republic of South Africa). Pretoria serves as the regional hub for most non-Washington DC based staff covering these five countries. The selected staff will therefore be based in Pretoria.

Duties and Accountabilities

  • You will be under the supervision of the Governance Practice Manager for the EAEG2 Unit (Angola, Botswana, Burundi, Comoros, Democratic Republic of Congo, Eswatini, Lesotho, Madagascar, Mauritius, Mozambique, Namibia, Sao Tome and Principe, Seychelles, South Africa) and will work in coordination with other EAEG2 team members based in Washington DC and in other country offices, as well as with colleagues from other Global Practices.
Together with one other Senior Financial Management Specialist based in Pretoria, you will be responsible and accountable for operation-level financial management (FM) arrangements throughout the project cycle

Specific duties include:

  • Undertaking FM assessments (covering project budgeting, internal controls, accounting, treasury, funds flow, financial reporting, auditing arrangements, and adequacy and suitability of project FM staff) for new projects.
  • Providing FM implementation support (covering tests of transactions, reviews of interim financial reports and annual audited financial statements, problem solving) for ongoing projects and then updating the Bank's automated FM monitoring systems on a timely basis.
  • Monitoring ongoing project compliance with the Bank's FM policies and procedures.
  • Assessing audit firms/auditors' independence, competence, and compliance with international auditing standards.
  • Providing training, guidance, and advice on FMrelated aspects to external clients (borrowers and project implementing agency staff) and internal clients (Bank staff).
  • Contributing to, or leading, analytical or technical assistance work on public financial management issues including assisting countries in developing their professional accountancy institutions; in strengthening corporate financial reporting performance (including accounting and auditing standards); and supporting Supreme Audit Institutions to improve the quality and transparency of fiscal and financial information.
  • Participating in countrylevel portfolio activities such as Country Portfolio Performance Reviews and riskreview meetings.

Selection Criteria

  • Qualif

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