Resource Management Analyst (WB Finance Associates Program), Washington, DC

Background / General
description:

The World Bank launched the World Bank Finance Associates (WFA) Program to create world-class finance individuals, equipped to function as business partners who provide value-added decision support in financial planning and analysis.  Qualified individuals are invited to apply to join the WFA Program in fall 2013.

The WFA program is a three-year structured, professional development initiative that requires a combination of practical experience and individual learning. This program involves job placements (rotations) and a learning curriculum that prepares candidates to achieve the Chartered Management Accountant (CMA) designation (awarded by the Chartered Institute of Management Accountants - CIMA). The World Bank is a CIMA Quality Training Partner (QTP), an accreditation awarded to employers with demonstrated commitment to providing best practice support that enables candidates to progress through the CIMA examinations and satisfy CIMA’s practical experience requirements in the shortest possible time frame.

The WFA program is run at the World Bank’s Headquarters in Washington DC, USA. Both internal staff and external candidates accepted to this program are expected to re-locate, if applicable, to the Washington DC area.

Over the three year duration of this program, WFAs are thoroughly grounded in the technical disciplines of finance, accounting, and planning & budgeting coupled with the opportunity to hone soft skills such as communication, team-work and leadership. WFAs are assigned increasingly challenging tasks, commensurate with their progress in examinations and experience.

Duties and
Accountabilities:

Programming, Planning & Budgeting • Support the development and implementation of improved planning and budgeting processes and systems; • Contribute to the development of business planning guidelines at the corporate or business unit level; • Support coordination and integration of inputs in preparation of business plans, resource planning, external funds, and work programming; • Contribute to the development of long-term expense plans  consistent with unit strategy and work program plans; • Provide information and analyses to Managers in support of planning and resource allocation decisions.

Analysis, Reporting, Communication and Liaising • Independently monitor and review work program and budgets against specific objectives and targets – identify issues and propose remedies to management; • Report  on budget utilization trends and forecasts, and recommend corrective action where necessary; • Compile and analyze performance data for management; • Measure cost effectiveness and propose solutions to identified issues; • Develop improved reporting to meet management and Institutional requirements.

Financial Control and Fiduciary Responsibilities • Maintain internal controls to ensure that all financial and administrative transactions adhere to relevant guidelines and policies; • Support periodic reviews of the effectiveness of internal controls.

CIMA Study Curriculum • Work with Line Managers and Mentors on a constant basis to ensure that CIMA’s Practical Experience Requirements are being met; • Prepare independently to sit for papers as per CIMA’s exam schedule.

Desired Skills & Experience

• At least a bachelors degree (or equivalent) in accounting, finance, business, economics or commerce with a minimum Grade Point Average (GPA) of 3.6 or minimum second class honors (2.2) or equivalent;
• 2-3 years of relevant professional experience in finance and/or accounting. Relevant experience gained through internship and placements would count toward this requirement;
• Candidates must be fluent in English;
• Working knowledge of additional languages (i.e. Spanish, French, Portuguese, Russian, Arabic, and Chinese) is desirable.

Interested candidates are invited to apply to vacancy
#130354 on www.worldbank.org/careers.    This vacancy closes on
4 March 2013.  Only online applications submitted through our careers
site will be admitted. 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.  All
applications will be treated in the strictest confidence.”

For more information on the Program, selection cycle and eligibility criteria, please visithttp://web.worldbank.org/jobs.

http://web.worldbank.org/WBSITE/EXTERNAL/EXTJOBSNEW/0,,contentMDK:23360019~menuPK:905715