24 Oct
|
World Bank Group
|
Chennai
24 Oct
World Bank Group
Chennai
E T Temporary
Job # :
- req35640
Organization :
- World Bank
Sector :
- Finance & Accounting
Grade :
- ET4
Term Duration :
- 1 year 0 months
Recruitment Type :
- Local Recruitment
Location :
- Chennai,India
Required Language(s) :
- English
Preferred Language(s) : Closing Date :
- 2/27/2026 (MM/DD/YYYY) at 11:59pm UTC
Description
VPU & Team Context : WBG Controllers (CTR) are responsible for all aspects of the financial reporting and internal control framework for IBRD, IDA, IFC, and the extensive Trust Fund/Partnership portfolio of these entities. It also leads the client service function for the WBG’s corporate expenses and trust funds and ensures fiduciary responsibility for all disbursements related to Bank operations.
The Chennai team (CTRCC) of the Corporate Reporting and Analysis division (CTRCR) is a agile team of accounting and finance professionals, which together with the team in Washington D.C., is responsible for all aspects of IBRD and IDA’s financial reporting. This includes quarterly/annual financial statements and management discussion and analysis, business unit accounting oversight responsibilities (loans, cash, borrowings, investments, trust funds, pension, and administrative expenses), monthly closing of IBRD and IDA’s ledgers, preparation and review of the monthly trial balances, and other ad hoc deliverables. The team also handles all aspects of IBRD’s capital accounting framework and the approval function of all IDA capital accounting transactions.
The team’s roles and responsibilities provide a holistic understanding of the financial dynamics of IBRD and IDA, which places the team in a strong position to be able to assess the impact of market and institutional developments on the financial results of the two entities.
Duties and Responsibilities :
- Maintain the Financial ledgers, approving transactions, leading to generation of accounting and monthly closing of books of IBRD/IDA
- Maintaining the capital accounts for IBRD and IDA
- Monthly Trial Balance close process for the decentralized business units of the Bank
- Preparing internal and external financial statements/reports and other management reports for IBRD and IDA
- Coordination of the monthly closing process for the decentralized business units of the Bank. Prepare monthly financial narratives and variance analyses
- Participate in internal control assessments, analyses; and efforts to strengthen controls, based upon a strong understanding of the underlying business
- Respond to inquiries from management regarding financial results, special reporting requests, and accounting transactions
- Support projects and initiatives by analyzing impact upon accounting, reporting, and controls;
Selection Criteria
- Chartered Accountant degree required. Bachelor’s in finance, Accounting or relevant discipline is a must.
- Knowledge of accounting and reporting standards, finance concepts, and business practices. Exposure to US GAAP is preferred
- Good conceptual, analytical, and appraisal skills; and the ability to interpret and present financial information clearly
- Excellent verbal, written and interpersonal communication skills
- Basic knowledge of financial instruments and financial markets
- Comfortable working in a pressured environment with capacity to deliver high-quality outputs and results in tight deadlines
- Ability to multitask and work effectively in multidisciplinary teams; and
- High degree of self-motivation and ability to work under minimum supervision and as part of a team.
WBG Culture Attributes :
1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results..
World Bank Group Core Competencies
- We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. _
- Learn more about working at the World Bank and IFC , including our values and inspiring stories._
📌 E T Temporary (Chennai)
🏢 World Bank Group
📍 Chennai