Financial Management Specialists

The World Bank is a vital source of financial and technical assistance to developing countries around the world, with the aim of fighting poverty with passion and professionalism by providing resources, sharing knowledge, building capacity and forging partnerships in the public and private sectors. The World Bank seeks applications for the following vacancy:

Financial Management Specialists (FMS)
(2-year contract renewable once for 1 year)
Lusaka, Zambia (Ref. 120675)

The World Bank is looking for highly organised, energised and seasoned professionals capable of operating effectively in a very demanding, fast-paced environment to serve as Financial Management Specialists (FMS).

The FMS will report to the Regional Financial Management Manager (RFMM) and work from the country office in the respective country, and will assist in all financial management aspects related to the World Bank’s operations.

Responsibilities include, but are not limited to:

Assessing the adequacy of project financial management arrangements
Participating in the supervision of projects financed by grants and credits, with special attention to value for money issues
Ensuring compliance with the Bank’s audit and other fiduciary requirements
Ensuring that project operations are carried out in accordance with sound financial management practices
Performing analytical work on financial management and accountability issues in support of building client capacity.

Selection criteria:

A professional accountant (CPA, CA or equivalent) with preferably a Master’s degree in Accounting, Business, Finance or Economics
A minimum of 5 years’ post-qualification experience in financial management
Knowledge of International Accounting Standards and International Standards on Auditing
Experience with internal audit and internal control systems and procedures (including familiarity with COSO), with the ability to assess such systems and recommend
remedial action where necessary
An understanding of management information systems and the application of new information technologies
The ability to communicate effectively, in writing and verbally, in English and negotiate substantive and difficult issues with senior government officials
Willingness to travel frequently.


Apply, quoting the relevant vacancy reference number, by the end of day on 9 April 2012.

For the full position description and complete selection criteria, qualified candidates are requested to visit and submit an online application at www.worldbank.org/careers Click on “Employment opportunities” then > Professional/technical staff opportunities - then Current vacancies > and then on the relevant vacancy reference number.

Paper applications will not be considered.

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. Only short-listed candidates will be contacted.