Overview
The Financial Management Specialist will lead key fiduciary products and processes, contribute to policy dialogue and capacity-building, and coordinate across GPs and with development partners.
Key Responsibilities
- Lead or contribute to FM assessments and arrangements for Bank operations.
- Provide proactive implementation support on budgeting, funds flow, internal controls, accounting, financial reporting, and external audit.
- Monitor and report FM risk ratings and portfolio performance.
- Coordinate on procurement–FM interfaces.
- Support the calibrated use of country systems.
- Contribute to PFM analytics and ASA.
- Provide advice and capacity support on IFRS/IPSAS adoption, internal audit, internal controls, cash/treasury management, and FMIS strengthening.
- Ensure robust FM arrangements for programs supporting nutrition, primary health, and WASH.
- Support FM arrangements and policy operations linked to energy sector reforms.
- Strengthen fiduciary controls, payment integrity, and reconciliation for cash transfers and social safety nets.
- Advise on FM sections of PADs/PPAs/POMs, disbursement methods, reporting formats, and assurance modalities.
- Promote harmonization and joint approaches with development partners and SAIs.
- Ensure quality and timeliness of FM inputs.
- Coach junior staff and STCs.
- Integrate cross-cutting priorities (anti-corruption, F&C risk management, climate/gender tagging where applicable, and GovTech).
- Support the design, operationalization, and supervision of Funds Chain arrangements.
- Work with Task Team Leaders, UN agencies, implementing partners, and fiduciary teams to map and document the full funds flow.
- Review and validate Funds Chain documentation.
- Support the integration of Funds Chain verification into Third-Party Monitoring (TPM) arrangements.
- Contribute to the use of digital platforms and tools to enhance transparency, audit trails, and real-time monitoring.
- Analyze Funds Chain data and TPM findings to identify bottlenecks, fiduciary risks, and control gaps, and recommend corrective actions.
- Support management in exceptional or legacy payment situations.
- Prepare concise Funds Chain analytical notes and dashboards for management, donors, and internal decision-making.
- Ensure Funds Chain arrangements remain compliant with FMFA, FPA, World Bank FM policies, and applicable sanctions regimes.
Required Experience
- Minimum 8yrs of relevant post-qualification experience in financial management, with significant public sector exposure and hands-on work with development partner–financed operations.
- Prior experience with the World Bank or other development partners is highly desirable (FM assessments/design, disbursement processes, audit follow-up).
Qualifications
Masters degree in accounting, finance, business, economics, or related field; and a professional accountancy qualification (e.g., CA, ACCA, CPA) from a recognized body.
