Job opportunity for the post of Senior Financial Assistant at World Bank Group

Job opportunity for the post of Senior Financial Assistant at World Bank Group

SANDEEP KUMAR | Nov 11, 2021 |

Job opportunity for the post of Senior Financial Assistant at World Bank Group

Job opportunity for the post of Senior Financial Assistant at World Bank Group

Overview:

World Bank group is seeking for an experienced Senior Financial Assistant at their Chennai location. The role will require the candidate to work as part of a team of professionals to meet the unit’s responsibilities as they relate to the accounting and pricing / valuation of financial instruments and implementation of various institutional projects.

Duration: 3 years

Roles and responsibilities:

The ideal candidate should be able to:

  • Verify trade set up and trade modifications.
  • Ensure the accuracy and appropriateness of accounting entries and perform daily / weekly / monthly control activities for the Capital Markets’ portfolios.
  • Monitor and analyze accounting results as they relate to the Capital Markets’ portfolios, to ensure they are consistent with expectations and business objectives or deviations (if any) are justified and adequately documented.
  • Review for quality assurance of market data, evaluate data sources, and verify the data for reliability
  • Develop expectations, perform analysis, prepare, and present sign-off commentaries, suggest, and implement solutions in a pro-active manner
  • Prepare various financial and management reports, as required by the department or other stakeholders.
  • Support institutional projects, business initiatives and new product implementations, as and when required.
  • Collaborate with business and information technology teams across locations to address system issues and implement solutions promptly.
  • Assist in coordination with or responding to requests from external and internal auditors.
  • Provide services to clients within and outside the Bank by providing financial information and assistance, as needed.
  • Proactively interact with Treasury (TRE) and other business units, as required to stay abreast of new / proposed activities that may have accounting, valuation or reporting implications.
  • Stay abreast of accounting pronouncements and industry best practices as they relate to accounting / pricing of financial instruments.
  • Continually look for opportunities to improve processes and internal controls. Be responsible for promoting controls and ensuring compliance in WFA.
  • Maintain and develop processes, procedures, documentation, and internal controls around portfolios handled, with the objective of increasing efficiency and accuracy.

The ideal candidate should also have:

  • Highest ethical standards
  • Good knowledge of treasury products / financial instruments (i.e., capital and money market instruments – particularly fixed income instruments)
  • Good knowledge of Murex / Summit or other front-to-back treasury systems, integrated financial systems such as SAP, SAP BI/BO reporting tools would be a distinct advantage
  • Good understanding of market data requirements for capital / investment market transactions and knowledge of Bloomberg / Reuters
  • Proven quantitative and qualitative analytical skills, including excellent spreadsheet and skills. Familiarity with financial modeling techniques, programming languages (e.g., Python), writing macros will be a plus
  • Ability to contribute to team performance with strong interpersonal and communication skills
  • A positive and self-starter attitude (motivation, drive, initiative); and ability to work in a team-oriented, and multi-cultural environment
  • Capacity to deliver results and respond quickly and effectively to requests. Ability and desire to meet tight deadlines.
  • Flexibility to perform a variety of tasks and expand the scope of work and responsibilities; committed to achieving individual and team results
  • Excellent verbal and written communication and presentation skill

Eligibility:

  • Bachelor’s degree(s) in Accounting, Finance, and/or Economics and a minimum of 2 years’ relevant experience or equivalent combination of education and experience.
  • CA/CPA/ACCA/CGMA and/or FRM/CFA. Master’s degree(s) in Accounting, Finance, and/or Economics may be considered in lieu of CPA/CA/ACCA/CGMA and/or FRM/CFA.
  • Professional experience in finance and accounting areas with a public / private financial institution (including IFC/IBRD) or the finance / treasury function of a public / private corporation.

Deadline:  11/22/2021 at 11:59pm UTC

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