Finance Analyst

International Finance Corporation, Tashkent, Uzbekistan

Skill Required:, Finance and Accounts
Preferred Experience: 
1 to 3 Years
Closing Date for Applications: 
17th May, 2021

Job Description

IFC's Budget & Administration Department (CBA) is part of the Corporate Strategy and Resources Vice Presidency and plays a significant role in achieving IFC’s mission. Department responsibilities include business strategy formulation, budgeting, investment support, reporting & analytics, administration, procurement, facilities management and global security among others. CBA has the mandate to connect the dots across the organization and bring insight and consistency to IFC’s resource management.

The Finance and Budget Unit of the Europe and Central Asia Region (CBAEC) is responsible for budgeting, work program planning, budget & financial reporting and resource management for all the offices in CEU Region. The Finance Analyst works under the guidance of the Finance Officer of Central Asia subregion in CEU. The individual has country office finance and budget responsibilities, including financial accounting, budgeting of country office expenses, Advisory Services projects and overheads, financial controls, monthly reporting & management analytics for country manager and CBA and resource management for country office.

Role & Responsibilities:

Finance& Budget Activities

  •  Forecast and monitor country office expenses, help country management and finance officer to manage country office budget for all sources of funds (Including Advisory Services and Upstream).
  •  Support donor funded operations budgeting with regards to country office initiated AS projects and as per Regional split of AS/Upstream
  •  Support Country Based Budgeting including critical financial analyses
  •  Support in developing forward‐looking CO Overhead administrative budget plans. Monitor, review and report on budget utilization and spending consolidation.
  •  Support analysis of financial sustainability, including providing consistently reliable expense forecasts and monitoring for Central Asia sub-region.
  •  Ensure accurate information is reflected for unit staffing and budget forecasts in the Business Planning and Consolidation (BPC) system.
  •  Monitor World Bank Group travel policy compliance, lead on expenditure review actions and follow-up.
  •  Work with Country Officer and Finance Officer to ensure a strong control environment in the office, providing advice on control issues.
  •  Manage year-end financial processes, including accounting for accruals.
  •  Ensure that audit and quality assurance reviews’ recommendations are implemented.
  • Provide advice and guidance on WBG policy and practice. Share new resource management & accounting and administrative policies and procedures and ensure these are communicated and followed by staff.
  •  Perform other duties as assigned by the Regional Finance Controller and/or Manager.

Reporting, Communications and Liaison:

  •  Produce detailed and summary reports for Central Asia sub-regional management on all funding sources (Admin, Advisory and Upstream TF, BBMOH, Fees etc.).
  •  Provide reliable information and analysis as required.
  •  Ensure effective back-up arrangements, ensure timely completion of tasks and submission of outputs.
  •  Prepare various analyses, highlighting trends, issues, and contributions to various reports.
  •  Proactively establish and maintain interface with the clients, within own Department and across.
  •  Advise/liaise with staff in the Department in order to improve knowledge and awareness with respect to budget methodologies, policies, internal control policies and procedures.
  •  Support new and/or special initiatives for the Department by serving as an advisor to teams, facilitating internal consultations and providing analysis of risks and related mitigating factors in areas of expertise.

Selection Criteria

  •  Relevant bachelor degree (Finance, Accounting, Business Management, Economics, Project Management) with five years of relevant professional experience, or equivalent combination of education and experience.
  •  Recognized professional accreditation (CPA, CMA, CIMA, ACCA, etc.) is a plus.
  •  Sound knowledge and understanding of accounting theory, concepts and principles, financial accounting reporting, and cost allocations.
  •  Diligence and attention to details.
  •  Working knowledge of Imprest Accounting related SAP processes and transactions.
  •  Prior WFA Global efficiency projects ( ex. GPP ) implementation experience is an advantage
  •  Planning and budgeting skills proved by experience: able to produce standard activity and unit-level reports and budgets using inputs from senior staff or operational management, and to provide basic analysis of budget information.
  •  Problem solving, analytical skills.
  •  Ability to analyze and synthesize information, interpret data, retrieve information and clearly and concisely communicate result. Good data mining skills with working knowledge of Microsoft Package. Advanced Excel.
  • Effective communication skills with the ability to prepare, present and discuss findings in written or oral form.
  •  Ability to manage multiple, concurrent tasks with tight deadlines
  •  Excellent interpersonal, teamwork and communication skills.
  • Good knowledge of English.


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