Overview
The Finance Officer (FO) plays an important role in disbursement related activities during preparation and implementation of a project, serving as a country focal point for an assigned country portfolio.
Key Responsibilities
- Serve as focal point for internal and external client inquiries at the country level.
- Provide country-related input to the respective CTRCS Senior Regional Team Leader (TL) and the Manager.
- Interact with Team Task Leaders (TTLs) to follow up on financing and disbursement-related issues.
- Review project documents and provide timely inputs and raise issues impacting disbursement arrangements.
- Advise the task team on disbursement-related aspects of loans/credits/grants/TFs.
- Prepare disbursement and financial information letters (DFIL), loan repayment terms and amortization schedules.
- Review and clear project/program documents.
- Set up loan financing terms and loan data in the system (iLAP).
- Carry out the disbursement risk assessment of projects.
- Design and deliver capacity-building training.
- Manage highly complex Project Restructurings.
- Advise and resolve complex implementation issues.
- Update disbursement risk ratings in iLAP for all projects under their portfolio.
- Serve as a solution provider for advice to internal clients and external on preparation and implementation issues.
- Partner with Legal, Financial Management and Procurement.
- Support special project/initiative assigned by the management.
- Support and provide inputs to knowledge sharing events for the team.
- Prepare and deliver capacity building sessions and events.
Required Experience
- Minimum of six (6) years of relevant work experience, with increasing responsibility.
- Experience with a financial institution or an accounting firm is a plus.
- Experience working with financial systems, AI, and/or blockchain technology is a plus.
- Experience in multiple regions or corporate units, considered a plus.
- Preferrable: Big Four or equivalent public accounting experience would be advantageous.
Qualifications
- Recognized professional accounting qualification such as a Certified Public Accountant (CPA) License, Association of Chartered Certified Accountants (ACCA) Certificate, Chartered Institute of Public Finance Accountants (CIPFA) or equivalent.
- A bachelor’s degree in finance, accounting or another related Finance or Accounting discipline.
- Master’s degree in a relevant discipline – such as business administration, finance, or accounting is a plus.
