Budget Manager, Asia

Job Posting Organization:
The International Finance Corporation (IFC) is a member of the World Bank Group and is recognized as the largest global development institution focused on the private sector in emerging markets. Established to support economic development through private sector initiatives, IFC operates in over 100 countries worldwide. The organization aims to leverage its capital, expertise, and influence to create markets and opportunities in developing countries, with a mission to end extreme poverty and promote sustainable shared prosperity. For more information about IFC and its initiatives, visit their official website at www.ifc.org.

Job Overview:
The Budget Manager position at IFC is a critical role that provides strategic and operational leadership in resource planning, budget oversight, and procurement for teams operating across South Asia, East Asia, South West Asia, and the Pacific Islands. This position is designed to support the Regional Vice President and the Regional Management Team by leading a budget team that facilitates IFC’s operations in these dynamic regions. The role requires a strong understanding of financial management and the ability to drive budget reforms while ensuring compliance with organizational policies. The Budget Manager will act as a strategic finance partner, advising on budget formulation and internal controls, and will be responsible for overseeing business planning deliverables, ensuring effective resource management, and fostering a high-performing team.

Duties and Responsibilities:
The duties and responsibilities of the Budget Manager include acting as a strategic finance partner to Regional Directors and their leadership teams, leading the implementation of budget reforms, overseeing business planning deliverables, ensuring compliance with WBG and IFC policies, and coordinating with WBG teams on matters related to real estate, procurement, and security" style="border-bottom: 1px dotted #007bff !important;">security. Additionally, the role involves building and managing a diverse team, overseeing recruitment and performance evaluations, supporting VPUs in managing budgets, providing input into budget decisions, building strong partnerships across various departments, and promoting resource management solutions for continuous improvement.

Required Qualifications:
Candidates for the Budget Manager position must possess a Master’s degree in Finance, Accounting, Business, Economics, or a related field. They should have a minimum of 12 to 15 years of progressively responsible experience in resource management, business finance, or related roles. The ideal candidate will have a proven ability to lead and manage large, geographically dispersed teams, foster innovation, and guide staff through problem-solving and feedback. A superior understanding of IFC and WBG resource management processes, systems, and policies is essential, along with demonstrated experience in leading cross-institutional resource management reforms.

Educational Background:
The educational background required for this position includes a Master’s degree in a relevant field such as Finance, Accounting, Business, or Economics. This advanced degree is crucial for understanding the complexities of financial management and resource allocation within the context of international development and private sector engagement.

Experience:
The position requires a significant level of experience, specifically a minimum of 12 to 15 years in resource management or business finance roles. Candidates should have a track record of progressively responsible experience that demonstrates their ability to manage complex financial operations and lead teams effectively in a multicultural environment. Experience in the development sector, particularly within organizations similar to IFC or WBG, is highly desirable.

Languages:
The mandatory language for this position is English, which is essential for communication within the organization and with external stakeholders. While not required, proficiency in additional languages may be considered an asset, particularly those relevant to the regions of South Asia, East Asia, and the Pacific Islands, as it could enhance communication and relationship-building efforts.

Additional Notes:
This position is classified as an international recruitment role with a term duration of 4 years. The Budget Manager will be expected to work full-time and may be required to travel within the regions of responsibility. The World Bank Group offers a comprehensive benefits package, including a retirement plan, medical, life and disability insurance, paid leave, and reasonable accommodations for individuals with disabilities. The organization is committed to diversity and inclusion, ensuring equal opportunities for all candidates regardless of gender, race, ethnicity, or other characteristics.