Background information about the job or company (e.g., role context, company overview)

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...

Responsibilities or duties

• Support high quality FM fiduciary assurance services to the World Bank’s portfolio in Somalia, including assessing the adequacy of the FM arrangements of World Bank-funded operations and the associated implementing entities, providing FM implementation support and supervision, ensuring compliance with the applicable FM requirements, carrying out capacity building activities, and supporting analytical work on FM issues, all with due attention to quality assurance.
• Promote effective reliance on country systems as deemed appropriate, greater use of technology for fiduciary due diligence and implementation support, and streamlining of FM and disbursement processes.
• Contribute to the provision of operational, policy, analytical, and advisory support to strengthen PFM systems and institutions, through the Governance Unit work program and through sector interventions.
• Generate and exchange knowledge relating to FM and PFM subject matters.
• Contribute to the provision of high-quality inputs to portfolio reports, as well as corporate tasks such as the preparation of country briefs, inputs to thematic notes and knowledge and learning events.
• As needed, provide FM support to other countries covered by the Unit.

Qualifications or requirements (e.g., education, skills)

• Master’s degree in accounting, public financial management, finance, or a related field.
• Professional accountancy qualification (CPA, CA or equivalent) by a professional accounting organization member of IFAC.
• Directly relevant experience and knowledge in FM fiduciary services, or similar assurance/audit functions.
• Understanding of different facets of World Bank-funded operations.
• Understanding of PFM systems and their use for World Bank-funded operations.
• Team player with strong integrative skills and track record of excellent relationship building within the organization and with clients.
• Strong written and verbal communication skills.

Experience needed

• 5 years of directly relevant professional experience.

Any other provided details (e.g., benefits, work environment, team info, or additional notes)

• Preference for candidates with experience in Somalia and who can communicate in Somali.

• Support high quality FM fiduciary assurance services to the World Bank’s portfolio in Somalia, including assessing the adequacy of the FM arrangements of World Bank-funded operations and the associated implementing entities, providing FM implementation support and supervision, ensuring compliance with the applicable FM requirements, carrying out capacity building activities, and supporting analytical work on FM issues, all with due attention to quality assurance.
• Promote effective reliance on country systems as deemed appropriate, greater use of technology for fiduciary due diligence and implementation support, and streamlining of FM and disbursement processes.
• Contribute to the provision of operational, policy, analytical, and advisory support to strengthen PFM systems and institutions, through the Governance Unit work program and through sector interventions.
• Generate and exchange knowledge relating to FM and PFM subject matters.
• Contribute to the provision of high-quality inputs to portfolio reports, as well as corporate tasks such as the preparation of country briefs, inputs to thematic notes and knowledge and learning events.
• As needed, provide FM support to other countries covered by the Unit.

• Strong written and verbal communication skills.
• Team player with strong integrative skills and track record of excellent relationship building within the organization and with clients.
• Understanding of different facets of World Bank-funded operations.
• Understanding of PFM systems and their use for World Bank-funded operations.
• Directly relevant experience and knowledge in FM fiduciary services, or similar assurance/audit functions.

• MBA/MSc/MA
• Master’s degree in accounting, public financial management, finance, or a related field.
• Professional accountancy qualification (CPA, CA or equivalent) by a professional accounting organization member of IFAC.