Senior Accounting Assistant

Job Posting Organization:
The World Bank Group is a unique global partnership of five institutions established with a mission to create a world free of poverty on a livable planet. It is one of the largest sources of funding and knowledge for developing countries, helping to solve the world’s greatest development challenges. The organization has 189 member countries and operates more than 120 offices worldwide, focusing on public and private sector partnerships, investing in groundbreaking projects, and utilizing data, research, and technology to bring about tangible and transformative changes globally. For more information, visit www.worldbank.org.

Job Overview:
The Senior Accounting Assistant position is part of the World Bank's Finance & Accounting (WFA) Vice Presidency, which is responsible for financial reporting and internal control frameworks for IBRD and IDA, as well as managing the extensive Trust Fund/Partnership portfolio. The role involves significant interaction with accounting staff from headquarters and country offices, as well as vendors. The successful candidate will be tasked with monitoring general ledger accounts, preparing reconciliations, and processing payments to vendors and staff. This position is crucial for ensuring the integrity of financial operations and supporting the overall mission of the World Bank Group.

Duties and Responsibilities:
The Senior Accounting Assistant will be responsible for a variety of tasks including: continuously monitoring all general ledger accounts and preparing periodic reconciliations; preparing monthly trial balances and analyzing variances; providing inputs for management reporting and analysis; compiling and monitoring key performance indicators (KPIs) and metrics; liaising with the Data Analytics team to obtain monthly management information system (MIS) reports; implementing relevant accounting policies; undertaking general ledger accounting entries; participating in user acceptance testing (UAT) for new systems; processing payments to staff and vendors; applying US GAAP for accrual accounting; responding to vendor queries; and maintaining excellent client rapport while demonstrating strong client service skills.

Required Qualifications:
Candidates must possess a professional accounting qualification such as CA, CPA, ACCA, or an equivalent. Fresh graduates are encouraged to apply, although having post-qualification experience is advantageous. A bachelor's or master's degree in a relevant discipline such as finance, accounting, or taxation is also beneficial. Candidates should have a solid understanding of accounting principles and policies, as well as experience with general ledger posting and bank reconciliations.

Educational Background:
The educational requirements for this position include a professional accounting qualification (CA, CPA, ACCA, or equivalent) and a bachelor's or master's degree in a relevant field such as finance, accounting, or taxation. This educational background is essential for understanding the complexities of financial reporting and accounting practices required in this role.

Experience:
A minimum of 2 years of relevant experience in accounting or finance is required for this position. Candidates should have experience with general ledger posting, reconciling accounts, and preparing basic accounting reports. Familiarity with SAP FI systems and advanced computer skills in MS Office applications, particularly Excel, are also necessary.

Languages:
The mandatory language for this position is English. While no additional languages are specified as preferred, proficiency in other languages may be beneficial in a diverse workplace.

Additional Notes:
This position is a term staff role with a duration of 3 years. It is classified under local recruitment, meaning preference will be given to applicants authorized to work in the duty station. The World Bank Group offers a comprehensive benefits package, including a retirement plan, medical, life and disability insurance, and paid leave, including parental leave. The organization is committed to being an equal opportunity and inclusive employer, ensuring a diverse workforce without discrimination based on gender, religion, race, ethnicity, sexual orientation, or disability.