Role of the position
Le/La Finance Associate (Financial Assistant) is responsible for the proper management of the accounting, financial and administrative operations of the World Bank country office. He/She ensures compliance of financial transactions with the institution’s policies and procedures, contributes to a rigorous management of financial resources and provides analysis and financial advice to support decision making. The incumbent also ensures the strengthening of internal controls, the quality of financial reporting and the continuous improvement of financial processes.
Responsibilities
Ensure the processing, verification and recording of daily financial transactions in accordance with World Bank policies and procedures.
Review and process electronic payments, payroll data, mission advances, staff loans and supplier payments.
Check the accuracy of budget charges, bank details, tax treatments and supporting documents before validating payments.
Prepare monthly spending forecasts and contribute to the preparation of budget reports.
Carry out bank reconciliations and monitor the financial accounts of the country office.
Manage cash flow operations and ensure the availability of funds for activities.
Prepare and submit VAT refund applications while ensuring the follow-up of tax files.
Oversee purchase orders, contracts, supplier invoices and the settlement of pending items.
Location
Monitor leases and financial commitments in management systems.
Implement and maintain effective internal controls to secure financial transactions.
Manage business cards, asset inventory and authorized signers tracking.
Ensure the preservation and archiving of accounting and financial documents in accordance with the organization’s standards.
Respond to requests from internal and external auditors and follow up on audit recommendations.
Provide financial and administrative advice to the Country Director as well as operational teams.
Inform staff about financial policies, benefits, loans, pensions, allowances and administrative procedures.
Support the integration of new employees on financial systems and internal procedures.
Produce financial analysis to support management decision-making.
Participate in the improvement of financial processes, their harmonization and automation.
Contribute to financial systems improvement projects, including initiatives related to SAP and VAT automation.
Work with different units to improve budget planning, cost control and financial management.
Job requirements
Education / Qualifications
Êhold a university degree (Bachelor’s Degree) in Accounting, Finance, Commerce, Economics, Public Administration, Information Systems or in a relevant field, or have an equivalent professional qualification (ACCA, CIMA or recognized certification in accounting).
Experience
Must have at least one (1) year of experience in a position in accounting, finance or financial management.
Experience in accounting operations, bank reconciliations, payment management and budget monitoring.
Have a good knowledge of financial and budget management systems, including SAP, Power BI, BW/AO, BPC or similar solutions.
Master the processes of supplier, procurement and contract management.
Êbe able to analyze financial data and produce quality reports.
Experience in data modeling, process automation and continuous improvement.
Êbe able to use financial analysis methods to support management decisions.
Have a good knowledge of internal control, audit, compliance and risk management principles.
Have a good command of office tools, including Microsoft Excel, PowerPoint and financial software.
Demonstrate excellent analytical, organizational and problem-solving skills.
Êbe able to work autonomously while collaborating effectively with multidisciplinary teams.
Demonstrate excellent written and oral communication skills as well as strong interpersonal skills.
Êbe rigorous, honest and able to manage multiple priorities on time.
Proficiency in English, both written and spoken.
Experience in an international organization or similar environment is an asset.
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