Finance Assistant at the International Finance Corporation

 Duties and Accountabilities:

• Payments & Accounting
• SAP/Imprest Administration
• Processing timely payments to staff and vendors
• VAT filing and reconciliation (if applicable)
• Accounting for accruals and prepayments
• Payroll processing in SAP
• Financial assistance, rental advances to staff and clearance in PeopleSoft
• Journal adjustment entries
• Travel agency payments
• Review SAP Processing of PO’s
• Ensuring proper filing of all documents as per the record retention policyMonitoring & Reporting
• Monitoring and ensuring replenishment of funds in Imprest account as well as petty cash
• Preparation of monthly Imprest accounting report including bank reconciliation
• Preparation of monthly statement of assets and liabilities
• Providing ad-hoc reports at the request of the management (like travel, SAP profiles etc.)
• Ensuring adherence to policies and procedures to ensure Strong Scorecard
• Follow up for timely submission of SOE’s

Other Responsibilities

• Controls and Knowledge sharing
• Providing expert advice and guidance to staff on accounting, policy theory and practice, recommending solutions to various issues
• Enhance controls and advise other Finance assistants in the region on best practices
• Knowledge sharing sessions with staff on Policies and procedures and ensuring these are communicated and implemented throughout the Regional department
• Liaison with Chennai: Imprest/Payroll/SRS/Travel audit/accounts payable/RM etc
• Liaise with Banks in connection with IFC Corporate account as staff salary accounts.

Selection Criteria:

• University Degree in Accounting, Finance or relevant, and a minimum of 2 years’ accounting experience in a corporate setting.
• Candidates holding a diploma or certificate who are officially pursuing an internationally recognized accounting of finance certificate (i.e. CA, ACCA, CIMA, CPA, MIA) and who have at least 4 years of accounting or finance experience will also be considered.
• Strong analytical skills, capability to assess trends in financial performance under limited supervision.
• Sound knowledge of financial accounting and reporting, and of project costing.
• Demonstrated competence in the use of Microsoft Office applications; experience in ERP (preferably, SAP) is a significant advantage.
• Demonstrated team player with the ability to work in a multi-cultural environment and across different functions.
• Strong written and oral communications skills.
• Fluency in English is essential.
• Candidate with experience working with the World Bank Group have a competitive advantage.