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  • Senior Finance Officer/ Team Leader at World Bank
  • Deadline: 20 November, 2011 Views: 326 View Jobs in Banking/Financial Services
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  • The World Bank's Loan Department (CTRLD) is seeking to hire a seasoned professional to become its Senior l:'inaoce Officer/Team Leader, based in Kenya, on a local staff appointment. CTRLD is the focal point within the Bank for exercising fiduciary controls over its lending operations, including responsibility for ensuring that loan funds are used for their intended purposes. CTRLD is currently being realigned so as to be more clients focused, is primarily responsible for the formulation and administration of the Bank's financial policies and procedures relating to disbursement of funds from IBRD loans, IDA credits, the Project Preparation Facility (PPF), Institutional Development Fund (IDF) Grants, Recipient-Executed Trust Funds and other financial products of the Bank. As such, CTRLD is opening a Regional Center in Nairobi, Kenya. The Nairobi Regional Center (Center) will follow the staffing model of other teams in the other regional centers (Brasilia, Beijing, Zagreb, Chennai and Manila) -a solid team of finance assistants, analysts, and a Team Leader.

    Senior Finance Officer/ Team Leader

    The Senior Finance Officer will be responsible for the day-to- day efficient and effective provision of disbursement services within the Center. In fulfilling this role, the Team Lead will provide technical leadership in terms of ensuring that all the current disbursement functions carried out by the Center are carried out according to established policies and procedures.
                   
    S/he will supervise all Center staff, and ensure that their work is carried out in compliance with CTRLD policies and procedures. S/he will report to the Division Manager based in Washington DC, and will work closely to facilitate the efficient administration and disbursement management of the country portfolios handled by the Center. The Team Leader will also work closely with Finance Officers in Washington DC to ensure seamless collaboration as projects advance from the preparation stage to negotiations/Board approval and implementation. The Team Leader upholds CTRLD service standards for quality and responsiveness, appropriately balancing its fiduciary and client service roles. The Team Leader will contribute to departmental and institutional initiatives. The responsibilities include: (i) Staff Supervision and management of day-to-day business -lead and manage the team's day-to-day business processes of the Center; (ii) Technical Leadership of the team at the Center ¬provide technical support to Center staff, in close consultation with assigned Finance Officers on technical inquiries; (iii) Portfolio Management - ensure the quality of portfolio management through implementation of standard procedures and monitoring. (iv) Client Support/Capacity Building - act as CTRLD representative to Center's clients; and provide training and other client support services as required. The successful candidate will be holder of a Masters degree (Postgraduate degree in Finance, Accounting or Business) and for Bachelor's degree with professional certification (CPA, ACCA, CFA or equivalent) and 10 years of direct relevant experience in leading teams, portfolio management. project implementation, and/or contract management

    Method of Application
    For the full position description and complete selection criteria, qualified candidates are requested to visit and submit an on-line application at www.worldbank.org/careers .Click on: employment opportunities >professional/technical staff opportunities-current vacancies>job#112162. The World Bank Group is committed to achieving diversity in terms of gender, nationality, culture and educational background. Individuals with disabilities are equally encouraged to apply. Only short-listed candidates will be contacted.
    Closing date is 20th Nov. 2011.
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