Job Vacancy At World Bank Hiring Accounting, Finance Graduates, Postgraduates, For 2023- Apply Now
Host Country
World Bank
Deadline:
3/29/2023
Target Audience
INTERNATIONAL APPLICANTS
Program Overview
World Bank is hiring an experienced E T Consultant at their Chennai location. The E T Consultant will work as part of a team of professionals to meet the group’s responsibilities as they relate to delivery of back-office functions for all IFC Treasury funding and liquid assets management activities.
Working at the World Bank Group (WBG) provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development.
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With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org
The complete details of this job are as follows:
Duties and responsibilities:
The ET Consultant will be responsible for:
• Participate in developing and implementing digital/ICT sector strategy, reform roadmaps and assists in country-specific policy work and implementation plans.
• Gather and analyze country, technology and markets facts and data to support sound decisions and inputs to Systematic Country Diagnostics, Country Partnership Frameworks and other
• Participate to a range of digital economy and ICT sector assessments, financial and business case analyses, and best practice notes.
• Provide technical expertise on selected ICT policy and regulatory issues and contributing to the design, preparation and supervision of World Bank Group financed digital development related investment and policy reform programs in client countries with a particular emphasis on aspects such as stimulating development of digital connectivity infrastructure through PPPs and regulatory/policy reforms, facilitating development of digital government IT infrastructure, platforms and services, and promoting development of digital skills and innovation as well as on addressing corporate requirements (e.g. climate change, gender,….).
• Liaise and coordinate with colleagues working in other sectors (including agriculture, health, education, energy, financial services, transport, etc.) on how to leverage digital technologies to improve public service delivery and efficiency in the respective sectors.
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• Perform economic and financial analysis (market models, business models, etc.) to inform decisions on project designs, PPP schemes, financing plans, etc.
• Support data management activities including data inventory process, open data initiative, data collection and any other data related matters in the context of digital transformation activities.
Supporting tracking of operational engagements operationalizing the Digital Economy for Africa initiative (investment operations and development policy operations) and progress against targets and commitments as needed.
• Work independently in providing operational, analytic or other professional support to senior professionals and seeking guidance on complex projects/issues from senior professionals.
What will you be doing:
Assist in timely investigation and reporting of unidentified/unapplied items, non-receipts/non-payments and compensation claims to all we serve
Assist in month/quarter/year end closure of cash application
Assist in validating and processing of settlement and payment activities of new and existing transactions. This task involves collaborating with the market counterparts, custodians, banks, and other partners to confirm transactions, settlement flows and perform other trade servicing, analysis, reconciliation and troubleshooting activities
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Bank reconciliation for operations accounts and Liquid Asset Management (LAM) accounts
Cash forecast analysis, Overdraft reporting & analysis, Bank charges analysis & Compensation claims
Prepare and process a suite of SWIFT messages that support Treasury transactions
Participate in testing and implementation of new/enhanced systems and processes
Ensure that all business processes in the unit are properly documented and followed
Carry out and/or participate in any other ad hoc tasks as may be assigned by the Team Lead
Communicate effectively with IFC Treasury Support Staff and management both in Chennai and in Washington, D.C. headquarters on the status of all assigned activities
Continually look for opportunities to improve processes and internal controls. Be responsible for promoting controls and ensuring compliance.
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Qualifications for this Job:
Bachelors or Master’s degree, preferably with a major in business administration, accounting, finance, or international trade. Professional qualification such as CA/CPA/ACCA/CGMA and/or CFA/FRM would be preferred
Minimum 3 years of experience in related fields with a public / private financial institution (including IFC/IBRD) or the finance / treasury function of a public / private corporation. Proven track record in previous position
Knowledge of IFC systems, procedures and policies shall be advantageous. (IFC uses Summit and Quantum)
Ability to contribute to team performance with strong interpersonal and communication skills with attention to details
Dedicated teammate with excellent organization skills and ability to interact tactfully and professionally with clients and staff
Ability to independently deliver quality results under pressure
Excellent problem solving and analytical skills
Solid skills and knowledge of the latest information and office technology, and relevant business tools
Highest ethical and business conduct standards
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Proficiency in written and spoken English required. Proficiency in another WBG working language a plus
To apply for this job, visit official website
Disclaimer: The Recruitment Information provided above is for informational purposes only. The above Recruitment Information has been taken from the official site of the Organisation. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company or organization posted the recruitment Vacancy. We don’t charge any fee for providing this Job Information.
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