The World Bank, the leading multilateral institution in global economics development, is seeking applications for the position of an Accounting Assistant. This is a local position based in the Bank's office in Abuja, Nigeria
The Accounting Assistant will be a member of the World Bank's Resource Management team recruited locally.
The incumbent In this position works under the guidance of senior team members, on detailed issues, using accuracy and attention to details in order to meet the country office's need for timely processing and reporting of day-to-day RM work program. Uses woddng knowledge of daily Bank procedures to ensure day-to-day RM work program is completed effectively and efficiently, working as needed with others in the team or in other Bank units.
The Accounting Assistant will be responsible for
•ProcesseS accurately and promptly all accounting transactions, including payroll, operating expenses, procurement, travel, consultant payments vendor payments, charge backs and other office running expenses. Processes transactions in the Asset Management module for office and residence inventories;
•Maintains accounts reconciled at any given point in firm: Regularly reviews the open item accounts and resolves any outtanding items; keeps relevant documents and invoices systematically to fully support the acconms;
•Performs bank account reconciliation and reviews cash now and replenishment needs.
•Interacts with clients both inside and outside the Bank, e.g., staff consultants, vendors, etc., to effect timely payments and resolve accounting related issues;
•Assists in planning and monitoring budget and expenses linked to country office work program;
•Provides references to Bank's financial and administrative policies and procedures in administrative expense related subject areas;
Financial Accounting Reporting:
•Maintains consistency in the application of accounting rules and procedures, including safeguarding of cash and checks;
•maintains and administers the petty cash in the Country office
•processes the monthly phone bills and provides advice on reasonableness, including reconciliation.
•Reviews general ledger accounts regularly to ensure accurate postings;
•monitors operating expenses and highlights potential issues;
•Reviews documentation for travel statements of expenses;
•Periodically reviews exception reports and takes remedial actions (such as missing time, SOE exceptions, above average consultant and vendor expenses, overtime, open purchase orders and commitments, excessive travel advances etc.);
•Ensures compliance with institutional and regional policies and guidelines;
•Generates a variety of standard and customized financial/accounting reports,;
•Reviews;, follows up and resolves issues noted in accounting scorecard and other quality assurance reports issued by Head Quarter Accounting Department;
•Follows up on audit COSO recommendations which relate to the accounting and Resource Management functions.
Academic Training and Experience: A relevant degree (e.g. Finance, Accounting, Business, or Economics).
Minimum of 3 years experience in a relevant field (e.g Accounting or Finance) Preference will be given to candidates’ with 5 or more years of cognate experience.
Communication and Team Skill
High level of personal and professional integrity with strong analytical skills and ability to function well in a multi-cultural environment. Result-oriented personality with proven problem-solving skills. Strong communication skill with ability to prepare, present and discuss findings in written and oral form. Effective skills as an interlocutor in handling and facilitating client and inter-unit business relationships. Ability to function effectively in multi-disciplinary teams within a matrix management environment
Language Skills: Proficiency in English Language is required.
Method Of Application
For the full job descriprion and selection criteria, qualified candidates are requested to submit the electronic application by visiting www.worldbank.org/careers and click on click on >employment opportunities > Consultants and temporary opportunities > current vacancies> job #102012 to submit your application electronically to the World Bank. Email or paper applications will not be considered. The closing date for receipt of your deetwnk application is end of day October 26, 2010. Only short listed candidates will be contacted.
Qualified male and female candidates of diverse background (gender, religious, ethnic) are encouraged to apply.