E T Consultant – FMS
- Job #: req8260
- Organization: World Bank
- Sector: Financial Management
- Grade: EC2 Term
- Duration: 1
- year 0 months
- Recruitment Type: Local Recruitment
- Location: Tunis,Tunisia
- Required Language(s): English, French
- Preferred Language(s): Arabic Closing
- Date: 8/18/2020 (MM/DD/YYYY) at 11:59pm UTC
Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit http://www.worldbank.org/.
Governance Global Practice Context
Sound governance and effective institutions are essential for achieving shared prosperity and sustained reductions in poverty. A rapidly growing body of analytic work demonstrates that there are clear linkages between good governance and the quality of health and education services, and that the poor often suffer disproportionately from lack of alternatives. Countries capable of improving governance can use their human and financial resources more efficiently with fewer losses and distortions. They can attract higher levels of foreign and domestic investment and, on average, grow more rapidly.
The Governance Global Practice (EPSDR) brings together professionals in procurement, financial management, taxation, public management, regulatory policy, transparency, digital governance, law and development, anticorruption, and social accountability to develop innovative, integrated solutions to pernicious institutional problems. The practice utilizes a problem-driven, diagnostic approach, combining global comparative knowledge of reform successes and failures with keen understanding of the institutional challenges and opportunities of developing countries.
Governance Global Practice – MENA (EMNGU) seeks to recruit an Extended Term Consultant (ETC) to contribute to, support and supervise financial management aspects of our program in Maghreb countries.
There is a strong demand from countries in MENA for development finance, global expertise and innovation. There are over a hundred active projects in the portfolio with a commitment of over $ 20 B. The Bank also delivers a wide range of analytical products to help MENA countries transform their economies and lay the foundations for inclusive growth and job creation. The World Bank’s knowledge services included support for the region’s high-income countries, through its Reimbursable Advisory Services.
Duties and Accountabilities
The ETC will be based in the World Bank’s Tunis office and work on all Financial Management aspects of the World Bank’s operations in Tunisia. This will include, but will not be limited to: (i) assessing the adequacy of country, project and programs financial management arrangements; (ii) providing implementation support and supervising projects financed by loans, credits and grants; (iii) ensuring compliance with the Bank’s audit and other fiduciary requirements; and (iv) developing policy actions for Development Policy Operations, as needed.
The ETC will work within the MNC01 team, which includes the Country Director, Country Managers, Program Leaders, Task Team Leaders, Public Sector Specialists and Analysts, Procurement and other technical specialists, and Administrative and Client Service (ACS) staff. The ETC will report to Practice Manager, EMNGU but will carry out the day to day functions under the direct supervision of Sr. FMS based in Rabat.
The ETC is expected to assume the following duties and responsibilities:
- Assess the adequacy of the borrower’s project financial management arrangements and institutional systems and their ability to manage and monitor World Bank financed projects and programs, including at the sector level where needed. This includes budgeting, treasury/funds flow, internal controls, accounting, financial reporting and auditing as well as policies and procedures in place.
- Provide implementation support and carry out supervision work to ensure that projects financial management systems are functioning appropriately, including the review of periodic interim financial reports. Explore the use of technology for effective fiduciary supervision.
- Provide advice and support to Borrower and the World Bank Task Teams on project financial management matters. Participate in country-level portfolio activities such as Country Portfolio Performance Reviews, risk-review meetings, deep dive preparation, implementation and monitoring and other implementation meetings and events.
- Contribute to knowledge management and dissemination in the area of financial management, in close collaboration with colleagues and experts across the Global Practices, the CMU and other development partners active.
- Undertake other FM activities, as appropriate.
The successful candidate will be a professional with solid operational experience on financial management.
- Master’s degree in a relevant field (e.g., accounting, finance or public policy) plus membership of an internationally recognized professional accountancy body; or alternatively master’s degree in a relevant field (e.g., accounting, finance or public policy) plus relevant professional public sector financial management experience
- 5 years of relevant professional experience
- Relevant professional experience in public sector financial management would be a distinct advantage
- Fluency in English and French is required
Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.
Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.