Description

Do you want to build a career that is truly worthwhile? The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty and promoting shared prosperity. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org.

Eastern and Southern Africa (AFE) Region

Home to about 700 million of Africa’s people, the World Bank’s Eastern and Southern Africa Region is a geographically, culturally and economically diverse region of 26 countries stretching from the Red Sea in the North to the Cape of Good Hope in the South.

The region also harbors some of Africa’s protracted conflicts, rendering many of its countries fragile, while... significant gaps in education, health, and skills development continue to keep people from reaching their full potential. This creates large development challenges, and impacts heavily on the lives and livelihoods of people, and hinders regional integration and trade.

The World Bank Group (WBG) has been helping countries realize their considerable development potential by focusing on priorities detailed in the World Bank Africa strategy, including building up the digital economy, creating jobs and transforming economies.

For more information: https://www.worldbank.org/en/region/afr/eastern-and-southern-africa

PG and GP Context

Equitable Growth, Finance and Institutions Practice Group

Equitable Growth, Finance and Institutions (EFI) PG supports economic policies and legal, regulatory and institutional reforms to enable equitable and sustainable growth and to reduce poverty.

The Governance Global Practice

The Governance GP helps developing countries build capable, efficient, open, inclusive and accountable institutions that can support economic growth, reduce poverty, deliver needed services and earn the confidence of citizens. Our work program comprises six core Business Lines: 1. Public Financial Management (PFM), 2. Domestic Revenue Mobilization (DRM)/Tax Administration, 3. State-owned Enterprises and Corporate Governance, 4. Public Institutions Reform, 5. Decentralization and Sub-national Governance, and 6. Financial Management (FM) Fiduciary Assurance for Bank-financed Operations; as well as three Cross-Cutting Themes: GovTech, Anti-Corruption and Political Economy. For more information: https://www.worldbank.org/en/topic/governance

Country Context

With about 117 million people (2021), Ethiopia is the second most populous nation in Africa, and still the fastest growing economy in the region, with 6.3% growth in FY2020/21. However, it is also one of the poorest, with a per capita gross national income of $960. Furthermore, conflicts in various parts of Ethiopia risk undermining the economic and social development progress the country has achieved in recent years.

The Bank’s Country Partnership Framework (CPF) with Ethiopia is designed to assist the country in forging a more inclusive and sustainable growth path. Particularly, it supports a more spatially inclusive approach to development, one that leverages national programs to provide quality services to all areas of the country. The CPF is helping to promote structural and economic transformation through increased productivity in rural and urban areas by focusing on basic education, access to markets, and job opportunities for youth. It is also helping to build resilience and inclusiveness (including gender equality) by improving safety nets, investing in productive landscapes, and focusing on the Early Years agenda.

The CPF also supports institutional accountability and assists in combating corruption by focusing on improving governance and promoting social accountability. To help the Government of Ethiopia strengthen its institutions and systems for public sector management and service delivery, the Governance GP work program encompasses a substantial mix of lending, TF, and ASA activities. Supporting governance for service delivery in specific sectors is also an important part of the program. Moreover, the FM in Operations function supports PforRs and projects across all sectors.

Duties and Accountabilities

Financial Management Specialist, EAEG1, Ethiopia

The position is focused on providing Financial Management (FM) fiduciary assurance for Bank-financed operations in Ethiopia. The position requires strong hands-on advisory and operational contributions to the fiduciary arrangements of Investment Project Financing (IPF), results-based financing, and strengthening of associated sector FM systems.

You will be under the supervision of the Governance GP Practice Manager for the EAEG1 Unit and will work in coordination with other EAEG1 team members based in HQ and the field, as well as colleagues from Procurement, other Global Practices, Finance & Accounting (Loans), and from the AECE3 Country Management Unit (CMU).

Responsibilities:-

Provide high quality FM fiduciary assurance services, including assessing the adequacy of operations’ FM arrangements, providing FM implementation support and supervising operations financed by credits and grants, ensuring compliance with the Bank’s audit and other FM requirements, performing analytical work on FM and accountability issues, and carrying out capacity building activities, all with due attention to quality assurance arrangements.

• Contribute to promoting 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 high quality inputs to CPFs, PLRs and CPPRs.
• Contribute to the provision of strategic advice and support to CMUs and other Global Practices, especially with regards to FM in sector service delivery.
• Managing the preparation and supervision of assigned tasks and deliverables, ensuring timely and quality delivery with efficient budget management.
• Generation and exchange of knowledge relating to FM/PFM issues.
• Contribution to corporate tasks such as the preparation of country briefs, inputs to thematic notes and knowledge and learning events.
• While focusing on the Ethiopia portfolio, the FMS is expected to contribute to the program in other countries in the Unit as deemed necessary.

Selection Criteria

You will be a professional with solid operational experience on lending and non-lending instruments by the World Bank and/or other multilateral lending institutions, including trust-funded and result-based lending.

• Qualified professional accountant (CPA, CA, ACCA or equivalent membership of an internationally recognized professional accountancy body) with a Master’s degree in accounting, public financial management, finance, or another related field.
• At least 5 years of relevant post-qualification experience.
• Directly relevant experience and knowledge in FM fiduciary assurance services.
• Relevant experience and knowledge of public financial management systems.
• Strong team player with the ability to work independently and effectively both remotely and face-to-face.
• Strong integrative skills.
• Strong written and verbal communication skills.
• Fluency in English.
• Directly relevant experience in fragile and conflict-afflicted environments.

For information about WBG Core Competencies, please visit: https://bit.ly/2kbIA7O.

Note: The selected candidate will be offered a two-year appointment, renewable at the discretion of the World Bank Group.

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories
Addis Ababa Ethiopia

Salary Criteria