The Financial Integration, Systems and Projects (CNTFS) unit within the Controllers Department focuses on the integration of relevant data from IFC’s key accounting and transaction systems into timely and accurate management reporting that support decision making in line with IFC’s strategic priorities. One of the primary responsibilities of the unit is the business ownership of IFC’s investment profitability system, FSRS (financial sustainability reporting system), a management reporting tool with close to 300 users within IFC, which brings together and disaggregates financial data from IFC Controllers systems to provide investment P&L statements down to investment project-level. In addition to maintaining FSRS and providing investment portfolio analytics for portfolio reviews, KPI scorecards and other corporate reports, the team is involved in a host of different Corporate and / or Controllers projects and initiatives that seek to enhance IFC’s ability to capture relevant information and integrate data from different streams into transaction, accounting, and operations systems and ultimately to management reporting. Such initiatives include ASU (accounting standard updates), the LIBOR Transition project, the CECL project, the Loan System Replacement project, and the streamlining and enhancing of existing systems such as Loss Reserves (IPAR), Controllers data in Operation Data Warehouse (ODS) and FSRS, where CNTFS is involved in all aspects of project management, from business requirement coordination and gathering, through close collaboration with IT teams and consultants through all steps of the projects including testing and implementation.
CNTFS has co-located some aspects of its work program to IFC’s Chennai Office (CNTCO), who have recruited staff in the IFC Financial Integration, Projects & Systems (CNTFI) to deliver their work program.
IFC Controllers Department is seeking a Senior Finance Assistant in the CNTFI unit in Chennai to help support across all functions described above, including the preparation of management reporting analytics, the alignment of accounting results with financial/management reporting, creation of efficiencies through automation and streamlining of deliverables, and assure IT system development projects are under budget and comply with business requirements and needed governance framework(s). This position will report to the Team Lead of CNTFI unit in Chennai.
The successful candidate is expected to have exposure to accounting developments and be proactive in responding to the rapidly changing accounting and business environment. The selected candidate will be required to work across team functions and become a fully functional team member within a short time-frame. He /She should be able to establish productive relationships with staff at all levels within the team and across various units of IFC.
Duties & Responsibilities:
The Senior Finance Assistant will work as part of a team of professionals in CNTFI team which requires frequent interaction with internal counterparts in Controllers departments and external clients in Risk, Portfolio, Treasury, Investment, and IT department. Her/his tasks and responsibilities will include, but are not limited to: