Financial Management Specialist at WBG, Luanda, Angola

Deadline: 26 February 2018

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

WBG has set 2 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 Management Specialist will perform the following functions-

  • Assess the adequacy of the Borrower’s project financial management systems and their ability to manage and monitor World Bank financed projects.
  • This includes activity planning and budgeting, policies and procedures, internal controls, funds flow, accounting, financial reporting and auditing.
  • Carry out implementation support work to ensure that project financial management systems are functioning appropriately, including the review of periodic interim financial reports.
  • Assess the selection and engagement of auditors, ensuring their suitability including their independence, and competence to perform; and ensure that the borrower provides auditors with all the relevant information (including Terms of Reference and Bank requirements) necessary to carry out their engagement.
  • Review audited financial statements received, monitor the Borrower’s compliance with financial covenants including audit compliance, ensure adequate communication with the Borrower and the project implementing agencies with respect to audits and provide advice to Bank teams, management and borrower as appropriate.

Eligibility Criteria

Applicants must have-

  • The candidate should be a professional accountant (CPA, CA or equivalent membership of an internationally recognized professional accounting institute) with a Bachelor’s degree in accounting, business, finance, economics or related subject.
  • The CPA requirement may be substituted with an Advanced Degree in a relevant discipline (e.g. Public Sector Finance) and significant experience (5+ years) in public financial management.
  • Public Financial Management System Knowledge and Ability: Demonstrates solid understanding of budget formulation, authorization and commitment, treasury and cash management, internal controls, internal audit and risk management, financial management information systems, accounting and reporting (including international public sector accounting standards), and accountability and oversight institutions (including SAI and external audit, INTOSAI standards, and legislative scrutiny).
  • Nationality of Angola.

How to Apply

Applicants must submit their applications through online process.

For more information, please visit WBG.