World Bank Group
Experience: 3 to 5 Years
Skill Required: Accounts and Finance
Apply By: 08-02-2023
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 2022, IFC committed a record $32.8 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 global compounding crises.
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.
CBARM is recruiting three Senior Finance Assistants (GD) located in Chennai. The staff will be part of CBACS Chennai Support team, supporting the Finance Analysts and the Finance Officer with Financial Management Support to various VPUs in IFC. This includes ensuring that transaction processing is performed in accordance with IFC policies and corporate procurement guidelines, monitoring, reviewing and performing analysis to ascertain that the objectives of procurement guidelines and policies are being met in the most efficient and effective manner.
The position requires good technical, analytical, systems, verbal and written communication skills, as well as sound knowledge of IFC operating, fiduciary and administrative processes for resource management.
Roles & Responsibilities:
Financial management of IFC business units work program and resources:
Financial Control and Fiduciary Responsibilities: