Overview
The Financial Management Specialist will support World Bank Group-financed projects and programs by performing financial management duties and providing advisory and technical assistance.
Tasks Summary
- Assessing the financial management arrangements for new and ongoing projects to ensure adequacy and compliance with World Bank standards.
- Providing implementation support and supervision for projects financed by loans and grants, ensuring adherence to the Bank’s fiduciary and audit requirements.
- Delivering capacity-building support to project staff within client governments and enhancing public financial accountability.
- Conducting capacity-building activities in collaboration with the Governance team.
- Contributing to the development of policy and thematic notes, as well as regional, Global Practice, and corporate knowledge products.
- Advising clients with agile, innovative approaches to strengthen fiduciary assurance and ensure funds are used effectively.
- Leveraging knowledge and experience in public sector financial management to support partner countries in building partner country Public Financial Management (PFM) capacities.
Experience Requirements
- At least 5 years of directly relevant experience in providing fiduciary or audit assurance services.
- Extensive experience in evaluating financial management systems, including budgeting, accounting, cash management, internal audit, financial reporting, and external auditing, ensuring robust oversight and compliance.
- Knowledge of financial management systems in Bangladesh across both public and private sectors, with familiarity in World Bank financial management practices and international standards such as IFRS, ISA, IPSAS, ISSAI, and the COSO framework.
Qualification Requirements
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 other related field
