Accounting Assistant

World Bank, Chennai, India

Skill Required:, Finance and Accounts
Preferred Experience: 
2 years of relevant work experience
Closing Date for Applications: 
30th April, 2018


Job Description

The World Bank Group (WBG) Finance & Accounting Vice Presidency is responsible for all aspects of the financial reporting and internal control framework for the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA) and the extensive Trust Fund/Partnership portfolio of these entities. The WBG F&A also leads the client service function for the WBG corporate expenses and WBG trust funds, ensures fiduciary responsibility for all disbursements related to Bank operations, and leads the IFC Business Partnership function, including the IFC Budget, Finance & Procurement Networks, as well as the IFC Facilities Management, Procurement & Administrative function. 

World Bank Group Finance and Accounting (WFA), one of the vice presidencies in the Bank Group, is responsible for all aspects of the financial reporting and internal control framework for the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC) and the extensive Trust Fund/Partnership portfolio of those entities. The vice presidency is also responsible for expressing a Finance viewpoint on controls over Bank Group operations, particularly those which validate the appropriateness of loan disbursements. WFA comprises the following functions: Financial Instruments Accounting and Valuation; Loan Operations; Accounting Business Services; Financial Analysis and Reporting; Accounting Policy; Documentation and Communication; Advisory Services; and Operational Risks and Controls. These units collectively include approximately 500 staff, of which 170 are in WBG’s Washington, D.C. headquarters with the remainder in regional offices including the largest in Chennai, India.

Unit Overview

WFA’s Accounting Business Services Division (WFAAB), part of the Financial Controls Department, is responsible for recording and reporting the World Bank Group’s administrative expenses and fixed assets, which have a combined financial statement value of approximately $5 billion. WFAAB also provides strategic leadership and guidance to business units across the Bank Group on developing and maintaining an effective system of internal controls over processing and reporting administrative expenses.

The Assurance and Client Support unit (WFAAC) is in Chennai, India, and functionally reports to WFAAB.  The Country Office Accounting team, part of WFAAC, provides guidance to country offices about accounting policies & procedures and monitors the accounting controls at country offices by carrying out various control review activities. The team contributes to the overall improvement of the control environment at the country offices through such control reviews and continuous knowledge sharing with the country office accountants.

Note: If the selected candidate is a current Bank Group staff member with a regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 2-year term appointment.

There is 1 open position. This remains a competitive process and interested candidates are encouraged to apply.

Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 2 year term appointment.

Duties and Accountabilities:

  • Manage voluminous data generated from SAP in accordance with established guidelines and prepare working files for review within strict deadlines.
  • Maintain proper quality control over information downloaded from SAP by verifying accuracy and correctness.
  • Work with multiple databases in the team, to prepare various reports, generate draft communication.
  • Preparation & consolidation of MIS and other reports on a periodic basis and support the team in program activities and provide assistance in meeting any adhoc requirements.
  • Support the team in Goods & Services Tax related tasks and other documentation, mass mailing and consolidation of various reports.
  • Preparation of agendas, presentations, spreadsheets, updating records, and maintenance of documents/information within the team and support the team in the administrative tasks relating to country office accountants training.
  • Provide administrative support to WFAAC by facilitating meetings between internal clients, organizing events, schedule interviews with candidates etc.
  • Support the team in maintenance of BCP related data and perform role of TRS coordinator and any other tasks that may be assigned from time to time.
  • Take up any adhoc tasks as allocated by the team lead from time to time.

Selection Criteria:

  • Bachelor degree in Accounting/Commerce with 0 to 2 years of experience from a reputable institution.
  • Experience with SAP enterprise resource planning system is desirable, but not required.
  • Proficiency in Microsoft Windows applications, namely MSExcel, Word and PowerPoint.
  • Ability to learn modern technology quickly and effectively use it for maximum productivity.
  • Strong written & verbal communication skills.
  • Ability to deal with rapidly shifting priorities and work demands,willingness to learn new skills and seek help from colleagues.
  • Effective time management and organizational skills.
  • Self-motivated and a strong team player

Source:http://web.worldbank.org/external/default/main?pagePK=8454041&piPK=8454059&theSitePK=8453353&JobNo=180528&contentMDK=23158967&order=descending&sortBy=job-req-num&location=ALL&menuPK=8453611&JobType=Professional%20%26%20Technical&JobGrade=GB


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