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 tangible and transformative changes globally. For more information, visit http://www.worldbank.org/

Job Overview:
The Senior Accounting Assistant position is part of the World Bank's Finance & Accounting (CTR) 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 extensive interaction with accounting staff at headquarters and country offices, as well as vendors, to ensure accurate processing of payments and adherence to financial policies. The position requires a proactive approach to client service, ensuring timely and professional responses to inquiries and transactions, while also identifying areas for improvement in processes and systems. The role is critical in maintaining 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: responding to client needs and inquiries 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 teams to understand business processes and identify improvements; creating training materials and standard operating procedures; processing payments to staff and vendors; applying US GAAP for accrual accounting; and participating in user acceptance testing for new systems and applications. The role also involves monitoring system updates and working with internal teams to resolve issues, as well as 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. The ideal candidate should have a minimum of 2 years of relevant experience in accounting or finance, demonstrating strong analytical skills, attention to detail, and the ability to manage multiple tasks effectively. Knowledge of staff rules and procedures related to the area of work is essential, along with strong verbal and written communication skills.

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. This educational foundation is crucial for understanding the complexities of financial reporting and compliance within the World Bank's operational framework.

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, ideally with exposure to systems like SAP. Experience in a comparable level of complexity to the SAP system is essential, as well as familiarity with financial reporting and compliance processes.

Languages:
The mandatory language for this position is English. Strong verbal and written communication skills in English are essential for effectively interacting with clients and stakeholders. While not required, proficiency in additional languages may be considered an asset, particularly in enhancing communication with diverse clients across the World Bank's global operations.

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 comprehensive benefits, 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.