Senior Accounting Assistant

World Bank Group

Chennai, India

Experience: 0 to 3 Years

Skill Required: Accounts and Finance

The VMR team is involved in the management of Vendor Master Records (VMR) for WBG.
VMR Team is responsible for updating banking information in vendor master records (VMR) for Head Quarters and Country Office vendors after performing necessary due diligence. VMR team also performs participates in projects that strengthen the Bank’ vendor management especially with reference to vendor banking details. 

Duties and Accountabilities:  

  • Establish and maintain accounting practices to ensure accurate and reliable data necessary for business operations. Conduct periodic reviews to verify accuracy of records, compliance with Bank's policies and procedures. 
  • Provide day-to-day support and technical advice to country office accountants on accounting matters and the related SAP processes. Participate in implementing and delivery of an effective system for control assessment of processes at country offices using  Monthly Submission Reports etc. 
  • Review, analyze, and compile report on imprest accounts for financial reporting purposes. Coordinate schedules, activities and reports with other departments. 
  • Review cash replenishment requirements from country offices, perform due diligence in review of write-off requests from country offices and provide guidance for transfer of Imprest funds into and out of bank's designated depository accounts.
  • Submit GST claims, handle queries, perform reconciliations and present adhoc reports to management
  • Provide inputs and actively participate to support management's initiatives to improve the process quality & process related controls.
  • Contribute in preparation of the accounting procedures documentation in the Country Office guidelines and on-going updates.  Prepare monthly bulletins to country offices.
  • Participate in imparting training to country office accountants on Imprest administration procedures, bank's policies and procedures, SAP accounting, including resolution of specific issues.
  • Prepare accounting and control procedures documentation for implementation in the country offices. 
  • Identify, participate in the design of business requirements, user testing and implementation of any new systems, applications, tools and reports for the team, to enhance efficiency, effectiveness and standardization. 
  • Provide a variety of metrics / charts to be included in overall departmental operations report to measure progress of operations for the team vis-a-vis agreed norms for management information and action;
  • Coach and mentor junior team members.

Selection Criteria:

Education and Experience:

Candidates should have the following qualifications and experience:

  • Chartered Accountant or Certified Public Accountant with 0- 2 years of work experience in roles within financial institutions and/or public accounting firms 
  • Proficiency in Microsoft Windows applications, namely Excel, Word and Power Point, including advanced spreadsheet design, manipulation, and analysis 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. 
  • In-depth, detailed understanding of accounting systems, preferably SAP FI modules and their control features and configuration capabilities/implementation at the Bank.
  • Work experience with transaction processing using integrated, automated accounting systems with a comparable level of complexity to SAP R3 enterprise resource planning system and high degree of integration is desirable. 
  • A proven track record of problem solving skills in an automated accounting environment; experience with SAP enterprise resource planning system R3 is desirable, but not required.
  • Excellent judgment, very good written and oral communications skills (including the ability to write clear, concise and complete procedure); ability to carry out a multi-dimensional, multi-functional work program.
  • Ability to deal sensitively in multi-cultural environments and build effective working relations with clients and colleagues.
  • Exhibit a personality that enables the incumbent to be client focused, flexible and an excellent team player. Ability to effectively work with other staff in the department and elsewhere in the Bank.
  • Meet WFA Core Competencies at GD level (given below)

Source: https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=20347&site=1