E T Temporary

Job Posting Organization:
The World Bank is a member of the World Bank Group (WBG) and is dedicated to addressing the world's most pressing development challenges. Established to foster economic development and reduce poverty, the organization operates in 145 countries with over 182 offices worldwide. The World Bank focuses on partnerships with governments, the private sector, and various stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions aimed at creating jobs and improving lives. The organization employs a diverse workforce that collaborates across cultures and disciplines to achieve its mission.

Job Overview:
The E T Temporary position within the World Bank's Accounts Receivable team in Chennai is designed to support the financial operations of the organization. The role involves ensuring the accuracy of accounting for external and inter-company receivables, managing collections, and preparing financial reports. The incumbent will work closely with clients and colleagues to resolve accounting and reporting issues, ensuring that all financial transactions are recorded accurately and in compliance with established policies. This position is critical in maintaining the financial integrity of the organization and supporting its mission to improve lives through effective financial management.

Duties and Responsibilities:
The duties and responsibilities of the E T Temporary include ensuring the correctness of accounting for external and inter-company receivables, following up with clients for timely collections, reviewing open items in suspense accounts, and analyzing monthly external revenues. The role also involves preparing monthly trial balances for accounts receivable and admin revenue, preparing invoices for clients, recording revenue postings, monitoring revenue accruals in SAP, and creating process documentation. Additionally, the incumbent will provide monthly management information system (MIS) reports to the Accounting Officer and handle any additional tasks as assigned.

Required Qualifications:
Candidates must possess a bachelor's or master's degree in a relevant discipline such as Finance or Accounting. While a professional accounting qualification (e.g., CA, CPA, ACCA) is not mandatory, it is considered a plus. The ideal candidate should have a minimum of one year of relevant work experience in the functional area, preferably with a background in the financial services industry and familiarity with banking transactions. Proficiency in SAP and Microsoft Office tools is essential, and experience with PeopleSoft systems is an added advantage.

Educational Background:
The educational background required for this position includes a bachelor's or master's degree in Finance or Accounting. Candidates with a professional accounting qualification such as CA, CPA, or ACCA will have an advantage, although it is not a strict requirement. The emphasis is on having a solid foundation in financial principles and practices relevant to the role.

Experience:
The position requires a minimum of one year of relevant work experience in finance or accounting. Candidates with experience in the financial services industry, particularly those familiar with banking transactions and multinational organizations, will be preferred. The role demands a practical understanding of financial operations and the ability to navigate complex accounting environments.

Languages:
The mandatory language for this position is English. Proficiency in English is essential for effective communication within the organization and with clients. While no additional languages are specified as preferred, multilingual candidates may have an advantage in a diverse working environment.

Additional Notes:
This position is classified as an Extended Term Temporary (ET) appointment, with a term duration of 6 months. The recruitment is local, meaning preference will be given to applicants authorized to work in India. The role is full-time, and as per World Bank Group policy, an Extended Term appointment is subject to a lifetime maximum of three years. The organization is committed to diversity and inclusion, ensuring equal opportunities for all candidates regardless of gender, religion, race, ethnicity, sexual orientation, or disability.