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E T Consultant (Financial Management) Jobs – World Bank Group (WBG)
Job Title: E T Consultant (Financial Management)
Organisation: World Bank Group (WBG)
Duty Station: Kampala, Uganda
About the Company:
The World Bank is a vital source of financial and technical assistance to developing countries around the world. The World Bank provides low-interest loans, zero to low-interest credits, and grants to developing countries. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. Some of our projects are co-financed with governments, other multilateral institutions, commercial banks, export credit agencies, and private sector investors.
Job Summary: The Governance Practice, Eastern Africa unit (EAEG1) is seeking a Financial Management (FM) Extended Term Consultant (ETC) to provide Financial Management support to the Uganda portfolio and possibly other countries within the Country Management Unit (CMU). The selected candidate will be part of the Eastern Africa Governance FM team and is expected to provide technical support to the clients and Bank teams beyond the ordinary FM support. With overall guidance from the responsible portfolio FM Senior Specialist and Coordinator, the FM ETC is expected to (i) provide client FM implementation support through the TTLs; (ii) contribute to the projects FM arrangements and technical design; and (iii) operational support to the TTLs including timely filing of all relevant FM documentation and updating of the FM system.
Key Duties and Responsibilities:
- Carry out financial management (FM) work for projects financed by the World Bank and provide advisory and technical assistance to internal and external clients. This will include, but is not limited to:
- Assessing the adequacy of project financial management arrangements for new and ongoing projects.
- Monitoring compliance with the Bank’s audit and fiduciary requirements.
- Ensuring that World Bank-financed operations are carried out in accordance with applicable FM policies, procedures, and instructions, and supporting analytical work on FM and Public Financial Management (PFM).
- Manage the preparation and supervision of assigned tasks and deliverables and ensure effective delivery of programs requested by the Country Management Unit.
- Generate and exchange knowledge relating to governance issues.
- Contribute to the organization of seminars/workshops on governance/financial management issues.
Qualifications, Skills and Experience:
- The candidate should have a bachelor’s degree in accounting, business, finance, economics, and a Masters’ degree in or in a related subject.
- A professional accountancy qualification (CPA, CA or equivalent) by a professional accounting organization member of IFAC is mandatory.
- At least five years of relevant experience in financial management or auditing with a strong knowledge in financial management issues applicable to projects funded by the World Bank or other multilateral development banks.
- Knowledge of the application of accounting, auditing and financial reporting systems and software packages.
- Ability to review, analyze and evaluate financial statements and audit reports in diverse sectors and circumstances.
- Experience in evaluating financial management systems (including budgeting, accounting, cash management, internal audit and financial reporting systems).
- Experience in assessing auditor competence and independence.
- Understanding of the budget formulation and execution processes, including treasury and cash management, as applicable to Bank-financed investment projects and public sector finance in general.
- Knowledge of International Reporting Standards (IFRS) and International Standards on Audit (ISA). Knowledge of International Public Sector Accounting Standards (IPSAS) and the International Standards of Supreme Audit Institutions (ISSAI) would be an advantage.
- Ability to work flexibly on a range of assignments, adjust to and prioritize a variety of complex evolving tasks and under pressure to meet deadlines.
- Willingness to travel frequently, sometimes at a short notice.
General Competencies
- Written and Verbal Communication – Delivers information effectively in support of team or workgroup
- Client Orientation – Takes personal responsibility and accountability for timely response to client queries, requests or needs, working to remove obstacles that may impede execution or overall success.
- Drive for Results takes personal ownership and accountability to meet deadlines and achieve agreed-upon results and has the personal organization to do so.
- Teamwork (Collaboration) and Inclusion – Collaborates with other team members and contributes productively to the team’s work and output, demonstrating respect for different points of view.
- Knowledge, Learning and Communication – Actively seeks knowledge needed to complete assignments and shares knowledge with others, communicating and presenting information in a clear and organized manner.
- Business Judgment and Analytical Decision Making – Analyzes facts and data to support sound, logical decisions regarding own and others’ work.
NB: The World Bank is committed to achieving diversity of gender, nationality, culture and educational background. Individuals with disabilities are equally encouraged to apply. Only short-listed candidates will be contacted.
How to Apply:
All suitably qualified candidates are encouraged to apply online at the link below
Deadline: 27th September 2024
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