The Financial Officer will play a key role in preparing and reviewing reports and analysis that are heavily relied upon by key internal and external stakeholders, including investors, underwriters, rating agencies, and Senior Management. You will also be involved in projects to automate, streamline, and enhance our processes in order for us to operate more efficiently and add more value. There will also be opportunities to support new products and initiatives that are aimed at further supporting our client countries.
As a Financial Officer, you will report to the Division Manager.
What you will do:
Financial reporting: Support the preparation of the financial statements and management reports for IBRD and IDA while ensuring financial reporting is accurate, timely, and in compliance with Generally Accepted Accounting Principles (GAAP) and/or internal reporting requirements;
Financial analysis: Identify and document trends and key drivers of the financial results through critical review of data and discussions with business partners. This will be in the context of understanding market movements and by monitoring the interest rate, foreign exchange, and credit risk exposures;
Accounting policy development: Research accounting issues and interpret accounting standards in coordination with the Accounting Policy team to ensure the timely and accurate application of existing and new accounting guidance;
New products and initiatives: Assist with determining the accounting and reporting impact and work with the accounting teams on the implementation aspects;
Internal and external collaboration: Function as a point of contact for external auditors and coordinate financial activities with business units within IBRD and IDA.
Selection Criteria:
Education and Certifications:
Bachelor’s degree in Finance, Accounting, or MBA
CPA or equivalent designation
Experience:
Eight or more years of relevant experience
Background in the financial services industry and familiarity with banking and capital market transactions
Big Four or equivalent public accounting experience would be advantageous
Knowledge and Skills:
Strong knowledge of U.S. GAAP and proficiency with researching accounting literature
Hands on experience in statutory and management reporting for a financial institution
Working knowledge of one or more general ledger accounting systems
Strong knowledge of and experience with internal controls over financial reporting
Abilities:
Ability to multi-task and meet deadlines
Effective communication skills, including the ability to explain and express views clearly, confidently, and diplomatically to ensure high-quality results
Ability to deal sensitively in a multi-cultural environment and build effective working relations with clients and colleagues
