E T Temporary – World Bank Group

Apply by 25th Oct 22 

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, increasing shared prosperity, and promoting sustainable development. 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

The World Bank Group Finance & Accounting (WFA) Vice Presidency is responsible for all aspects of the financial reporting and internal control framework for International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), and the extensive Trust Fund/Partnership portfolio of these entities. WFA also leads the client service function for the WBG corporate expenses and WBG trust funds, ensures fiduciary responsibility for all disbursements related to Bank operations.

Organizationally, WFA comprises three functional departments: (1) WBG Corporate Accounting and Reporting (WFACA), (2) WFA Trust Funds and Loans (WFATL), and (3) WFA Financial Controls (WFAFC). These units, along with WFA Chennai and WFA Systems and Transformation divisions, report directly to the WBG Controller who heads the WFA Vice Presidency.

Organization: World Bank
Sector: Finance & Accounting
Grade: ET2
Term Duration:  1 year 0 months
Recruitment Type: Local Recruitment
Location: Chennai, India
Required Language(s): English
Preferred Language(s):

WFAPA Team Overview: 

WFA’s Accounts Receivable, Payroll and Tax (WFAPT in HQ and WFAPA in Chennai) Team is part of the Financial Controls Department, that is responsible for ensuring that (i) accounts receivable are recorded, monitored, and collected in a timely and efficient manner, (ii) salary and benefit payments to the WBG staff are processed in a timely and efficient manner, and (iii) tax allowances to the WBG staff and retirees are processed in a timely and efficient manner. It also provides strategic leadership and guidance to business units across the WBG on developing and maintaining an effective system of internal controls over AR, payroll, and tax.

Job Purpose:  

The E T Temporary will handle multiple responsibilities in updating the Staff Direct Deposit Information in People Soft.

Specific Key Accountabilities:

• Update staff direct deposit requests based on supporting documents submitted by staff
• Handle the Direct Deposit Service desk queries
• Coordinate with HQ on Sanction Screening clearances
• Support the User Acceptance Test on Direct Deposit system enhancements

Selection Criteria

• Undergraduate degree in accounting/finance/commerce from a reputable institution with a minimum of three years relevant experience preferably with a multinational organization or an undergraduate degree in accounting/finance/commerce with a minimum of three years’ experience in assurance/audit related areas
• Full proficiency in Microsoft Windows applications, namely Excel, Word and Power Point.
• Demonstrated ability to learn new technology quickly and effectively use it for maximum productivity.
• In-depth, detailed understanding of PeopleSoft Payroll module and its control features and configuration capabilities (Global Payroll 9.1) will be an advantage.
• Knowledge in Treasury payment system is desirable
• A proven track record of problem-solving skills in an automated accounting environment; Experience with SAP enterprise resource planning system R3 is desirable, but not required.
• Strong communication skills to present oral and report writing.
• Exhibit a personality that enables the incumbent to be client focused, flexible and an excellent team player. Ability to effectively work with other staff in the department and elsewhere in the Bank.

Competencies:

WFA Functional Competencies

• Client Understanding and Advising – Applied-Solid understanding and consistent ability to apply the competency in most situations. Looks at issues from the client’s perspective and takes action beyond normal expectations to ensure client satisfaction. Analyses situations and determines alternative or creative scenarios and approaches to add value to the business in new and different ways. Works within the team and with other specialty areas to define client needs and develop the best approach to meet client needs. Sees how ideas and best practices from other specialties can be adapted or applied to address client issues.
• Broad Business Thinking – Maintains an in-depth understanding of the long-term implications of decisions both for the team and client’s business. Ensures that decisions are supported by relevant stakeholders as well as sound performance data. Effectively communicates recommended changes to clients and how they will affect their business while attempting to minimize day-to-day disruption of operations.
• Project Management – Develops and implements realistic and achievable work plans for group or project team – including tasks, priorities, resources, and schedules. Establishes priorities, identifies critical tasks, and pushes projects forward in a timely fashion. Establishes controls to detect problems early and notify those involved if deadlines are affected. Creates opportunities and solutions that address more difficult or abstract situations. Creates and adapts solutions to address unusual data or novel situations.
• Analytical Thinking – Coordinates the information gathering and reporting process. Reviews trends and compares to expectations. Conducts research to define problems and prepares responses to anticipated questions. Prioritizes multiple issues and opportunities. Identifies relationships and linkages within several information sources. Anticipates issues that are not readily apparent on the surface. Identifies root causes and effects. Reports and identifies areas that need guidance in order to resolve complex issues. Anticipates the possible outcome of potential solutions.
• Policies and Procedures – Seek out opportunities to further understanding of relevant policies and guidance. Identify areas for improvements in existing policies and procedures. Emulate best practices in completing own work program. Provides guidance to junior staff and plays a role in transferring skills and knowledge to others.
• Risks and Controls – Demonstrate understanding of key risks and internal control procedures in the related processes. Able to identify key risks and mitigating control steps in own functional areas. Perform internal control procedures in compliance with the overall risk and control framework. Takes proactive measures to know the internal control procedures (e.g., talks with business leaders about their goals and priorities).
• Information Technology and Systems – Leverage information technology systems and applications to improve productivity and efficiency. Provide inputs to IT system enhancement efforts based on day-to-day working experience and knowledge of the systems.
• Communication – Utilize appropriate tools and techniques to explain technical information in plain language. Present information in a logical and organized manner both in speech and in writing. Writes effective correspondence, prepares questions and reports, statements of circumstance and briefing notes.

World Bank Group Core Competencies

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.

Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments