Finance Officer

Finance Officer

Job #:

req18534

Organization:

IFC

Sector:

Budget

Grade:

GF

Term Duration:

3 years 0 months

Recruitment Type:

Local Recruitment

Location:

New Delhi,India

Required Language(s):

English

Preferred Language(s):

Closing Date:

8/9/2022 (MM/DD/YYYY) at 11:59pm UTC

Description

IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For more information, visit www.ifc.org.

The Vice Presidency for Corporate Support (COSVP) integrates Budget and Business Administration, HR, Communication, Partnerships, and Information & Technology functions under one umbrella to enable execution of IFC’s management and operational needs in the best way. Within COSVP, Budget and Business Administration department (CBA) plays a pivotal role in allocating IFC scarce resources and aligning them to IFC 3.0 by leveraging budget as a management tool to mainstream the corporate strategy, creating profitability and efficiency metrics, improving the scorecard, and overseeing procurement and facilities administration.

CBAAP unit within the CBA department supports Asia Pacific Operations and is seeking a Finance Officer based in New Delhi, India. The role is expected to lead and support client department financial management related activities including budget and analytics, reporting, Trust Fund Management, Controls and Team management and reports to the Regional Finance Controller, CBASA.

Selection Criteria

• Relevant Masters degree (Finance, Accounting, Business Management, Economics, Project Management) with 5 years of relevant professional experience, or equivalent combination of education and experience.


• Sound knowledge and understanding of accounting theory, concepts and principles, combined with proven practical skills in financial and cost accounting reporting, business planning, work programming, budgeting, financial management and audit. Ability to understand different financial reports and ledgers.


• Good understanding of critical linkages and relationships between budget processes, business operations and objectives and good conceptual, analytical and evaluative skills.


• Strong problem solving, conceptual, and analytical skills.


• Ability to research, analyze, and synthesize information, interpret data, retrieve information from SAP or other databases and clearly and concisely prepare results.


• Exceptional spreadsheet design and manipulation skills, ability to quickly develop effective understandings of logical accounting data structures and data inter-relationships to effectively evaluate and make recommendations on process/system controls; proficiency in using Microsoft


• Word and Power Point presentation software.


• Proven, consistent dedication to excellence and consummate attention to detail.


• Proven experience in the development and implementation of new technologies related to resource management and budget/operations monitoring. Interest in or enthusiasm around working with technology rollouts.


• Strong communication skills (in English), both written and oral, to convey complex budget and administrative financial issues concisely to management and staff


• Ability to work independently and as part of a team; organize and prioritize work to meet deadlines


• Ability to effectively transfer knowledge and stimulate continuous learning.


• Ability to lead smaller teams and supervise staff, driving for greater results either on a project basis or as part of the regular organizational structure.


• Ability to work under pressure; flexibility in handling several concurrent assignments, including project management skills.


• Strong interpersonal skills and ability to work effectively with internal/external partners in a multicultural environment. Ability to develop solid relationships with key stakeholders and build productive partnerships.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.