The World Bank Kenya Finance Officers

Local 3 year Term Appointment, Nairobi, Kenya

Job No# 122035

Closing Date September 16, 2012

The World Bank’s Loan Department (CTRLD) is seeking to hire Finance Officers (2 positions).

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.

In this regard it collaborates actively and maintains close working relationships with several other Bank units.

CTRLD has been realigned so as to be more client 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 part of this realignment, CTRLD has opened a Regional Center in Nairobi, Kenya.

The Finance Officers will be based in Nairobi, Kenya and will report to the Division Manager, CTRLA.

The Finance Officers contribute to various responsibilities, such as

(a) Provide support to task teams for pipeline projects in assigned portfolio countries; during the preparation, Appraisal, negotiations and Board approval stages of projects;

(b) Advise the task team on disbursement related aspects of loans/credits/grants/TFs;

(c) Review and clear project documents including, negotiation and board packages;

(d) Ensure accuracy of loan master data for IBRD loans, and IDA credits and grants;

(e) Portfolio Management;

(f) E-Disbursements - Work with and support the e-business team and disbursement team to manage the successful deployment of e-Disbursement in assigned portfolio countries

(g) Regional and country programs - Provide timely input to regional and country level activities such as regional portfolio meetings, regional dialogue with fiduciary groups, Country Assistance Strategy

(h) Support Corporate and Departmental Activities;

(i) Participate, via working groups or cross support, or lead major corporate and departmental activities and initiatives;

(j) Contribute to the improvement and refinement of Bank policies and procedures as they relate to disbursements.

The successful candidate will be holder of

(i) Professional certification (CPA, ACCA, CA, CFA or equivalent), with Master’s degree in Accounting, Finance or Business and a minimum of 8 years of relevant experience in portfolio management, project implementation, accounting, auditing and/or contract management.

(ii) Ability to communicate effectively, in writing and orally, in English. Fluency to communicate (oral and written) in French or Portuguese, is desired.

(iii) Knowledge of Generally Accepted Accounting Principles (GAAP), internal controls procedures and financial management.

For the full job descriptions and full selection criteria, for all the positions; qualified candidates are requested to visit and submit an electronic application through the World Bank careers website: www.worldbank.org/careers and click on Employment opportunities >professional/technical staff opportunities >current vacancies > job No. (Indicated on the specific job advert above).

Email or paper/postal applications will not be considered.

Only short listed candidates will be contacted.

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.