Senior Accounting Assistant

Job Posting Organization:
The World Bank Group is a unique global partnership of five institutions established with the 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, working with public and private sector partners to invest in groundbreaking projects and utilize data, research, and technology to bring about transformative changes globally. For more information, visit www.worldbank.org.

Job Overview:
The Senior Accounting Assistant position is part of the World Bank's Controllers 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 is situated within the CTR Financial Operations division, which oversees the fair recording and reporting of the World Bank Group’s administrative expenses and fixed assets, valued at nearly $4.0 billion. The position requires extensive interaction with accounting staff from headquarters and country offices, as well as vendors, to ensure efficient processing of payments and adherence to service standards. The successful candidate will contribute to client service and business process re-engineering initiatives, ensuring compliance with policies and procedures while striving for continuous improvement in service delivery.

Duties and Responsibilities:
The Senior Accounting Assistant will be responsible for a variety of tasks including: responding to client needs and queries in a timely and professional manner; conducting quality assurance audits to ensure compliance with policies; analyzing problems raised by global clients and providing solutions; maintaining communication with clients and stakeholders; performing root cause analysis on reported issues; collaborating with various departments to understand business processes; participating in user acceptance testing for system changes; creating training materials and standard operating procedures; processing payments to staff and vendors; and applying US GAAP for accrual accounting. The role also involves identifying process improvements and supporting the implementation of system enhancements and automation initiatives.

Required Qualifications:
Candidates must possess a Bachelor’s or Master’s degree in a relevant discipline such as Finance, Accounting, or Taxation. A professional accounting qualification (e.g., CA, CPA, ACCA) is preferred but not mandatory. Additionally, candidates should have a minimum of 2 years of relevant experience in accounting or finance roles, demonstrating a strong understanding of financial processes and regulations.

Educational Background:
The educational background required for this position includes a Bachelor’s or Master’s degree in Finance, Accounting, Taxation, or a related field. A professional accounting qualification such as CA, CPA, or ACCA is considered a plus, although it is not mandatory.

Experience:
The position requires a minimum of 2 years of relevant experience in accounting or finance. Candidates should have hands-on experience with transaction processing using integrated, automated accounting systems, preferably with exposure to SAP or similar systems. Experience in a complex accounting environment is essential, along with a proven track record of problem-solving skills.

Languages:
The mandatory language for this position is English. Proficiency in additional languages may be considered an asset but is not explicitly required.

Additional Notes:
This position is a term appointment for a duration of 3 years and is classified under local recruitment. 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 diversity and inclusion, ensuring equal opportunity for all applicants regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.