Finance Analyst at World Bank Group

The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and most famous development bank in the world and is an observer at the United Nations Development Group. The bank is based in Washington, D.C. and provided around $61 billion in loans and assistance to "develop...

 

Finance Analyst

  • Job TypeFull Time
  • QualificationBA/BSc/HND , MBA/MSc/MA
  • Experience3 years
  • LocationNairobi
  • Job FieldFinance / Accounting / Audit 
  • The Finance Analyst plays an important role in disbursement related activities during implementation of a project. You will collaborate with Finance Officer(s) in Nairobi and other locations to support Operations staff and external Borrowers. You will also perform a variety of broad responsibilities of the division, including working on diverse range of disbursement related issues and providing solutions and working on system design.  
  • As a Finance Analyst, you will report to the Regional Center Team Leader.

What you will do?

  • Disbursement transactions processing: Act as the country focal point for assigned countries in disbursement related aspects in collaboration with the country Finance Officer, at country level. Perform transaction processing including release of disbursements, as appropriate. Promptly liaise with clients to resolve any potential issues or exceptions noted in the processing of transactions.
  • Project Restructuring and preparation of certain Trust Funds: Manage project preparation, as assigned by the Finance Officers for low-risk Trust Funds and review restructuring packages.
  • Portfolio management: Monitor inactive Project Designated Accounts, engage in portfolio management activities, system updates and liaise with clients to ensure that Designated Accounts balances are promptly documented or refunded for orderly loan closure.
  • Training and Capacity building: Evaluate the results of both the reviews of transactions and the portfolio management work to identify areas where borrowers have capacity constraints and provide capacity-building to clients.
  • System and related tasks: Provide support on planning the development of system and enhancement tasks, upgrades to applications and new systems. Perform testing related to enhancement tasks, upgrades to applications. Preparation of disbursement and analytical reports and handle other tasks that may be assigned by the WFACS Team Lead and management.
  • Selection Criteria

What you will bring:

Education:

  • Professional accounting qualification (CA, CPA, ACCA or an equivalent professional accounting qualification) preferred.
  • A Bachelor’s degree in Finance, Accounting, or a relevant discipline.
  • Master’s degree in a relevant discipline (for example finance, accounting etc.) is a plus.

Experience:

  • Minimum of three years of relevant work experience.
  • Experience with a financial institution or an accounting firm is a plus. 
  • Big Four or equivalent public accounting experience would be advantageous.

Method of Application

Interested and qualified? Go to World Bank Group on worldbankgroup.csod.com to apply

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