Financial Management Specialist at WBG, Bujumbura, Burundi

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Deadline: 6 November 2017

The World Bank Group (WBG) is currently seeking applications from the eligible applicants for the post of Financial Management Specialist in Bujumbura, Burundi.

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WBG has set two ambitious goals to push extreme poverty to no more 3 percent by 2030, and to promote shared prosperity and greater equity in the developing world.

Key Jobs Responsibilities

The Financial Officer will perform the following functions-

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  • Carry out FM assessments for new projects and FM supervision assessments for ongoing projects covering project budgeting, internal controls, accounting, treasury/funds flow, financial reporting, and auditing arrangements including adequacy and suitability of project FM staff.
  • Monitor on-going compliance by projects with the Bank’s FM policies and procedures.
  • Monitor borrower’s compliance with financial covenants including audit.
  • Conduct internal control reviews and Statement of Expenditures (SOE) reviews, in conjunction with disbursement and procurement staff, to determine eligibility of expenditures for Bank financing.
  • Review periodic Interim Financial Reports (IFR).

Eligibility Criteria

Applicants must have-

  • Bachelor’s degree in accounting, business, finance, economics or related subject and at least 5 years of post-professional-qualification (after qualifying as a professional accountant) experience in auditing or financial management. Applicants must be qualified professional accountant (CPA, CA or equivalent membership of an internationally recognized professional accounting institute).
  • Familiarity with public sector financial management would be a distinct advantage.
  • Fluency in both written and spoken French language is necessary, with good understanding of written and spoken English.
  • Knowledge of International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA).
  • Knowledge of International Public Sector Accounting Standards (IPSAS) and the International Standards of Supreme Audit Institutions (ISSAI) would be an added advantage.
  • Experience in designing and assessing internal control systems using internationally accepted control frameworks such as COSO.
  • Experience in evaluating financial management systems (including budgeting, accounting, cash management, internal audit, financial reporting systems).
  • Experience in assessing auditor competence and independence.
  • Experience in the design and implementation of computerized financial management systems.
  • Experience in evaluating/interpreting financial statements and in determining appropriate remedial actions.
  • Experience in evaluating audit reports / management letters, following up on issues resulting from the audits.
  • Ability to communicate effectively, in writing and orally in French with good working understanding of English.
  • Individuals with disabilities are equally encouraged to apply.
  • All applications will be treated in the strictest confidence.

How to Apply

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Applicants must submit their applications through online process.

For more information, please visit WBG.