Duties and Accountabilities :
Lead on country office accountant / Imprest; budget / expenses and internal controls
Take the lead in support to Country Manager in handling office administrative and fiduciary matters including liaison with banking arrangements and other local entities, and budgets, expenses and internal controls.
Manage country accountant and Imprest functions for IFC Maputo bank account working closely with WFA Chennai ensuring all reporting and deadlines and WFA Chennai procedures are met.
Oversee both IFC Maputo expenses transactions (processed in IFC Johannesburg) ensuring all WBG procedures followed.
Review expenses and commitments, perform reposting on BB (administrative budget) and other sources of funds and liaise with IFC Business Partnership (CBP) on repostings where needed;
run monthly expense reports, travel reports etc.
Create and supervise use of Project Codes (WBS, IFC project codes) to develop meaningful project costing.
In coordination with Country Manager, prepare annual budgets with agreed assumptions and liaise closely with CAF finance team colleagues on office budget allocation, usage and forecasts.
Monitor and review budgets and provide expenses analysis statistics and performance indicators that help management with strategic decision making e.
g travel, to identify trends / potential areas for savings.
Prepare / generate regular project budget and expense reports with explanation on major variances.
Maintain internal controls over units’ financial transactions and business operations, review effectiveness of the internal control systems and monitor compliance.
Respond to staff queries and advise staff.
In coordination with the TRS / LARS Coordinator, ensures that all office staff record their time in TRS in an accurate and timely manner and alert Country Manager of non-compliance.
Be contact person for WFA Chennai office including for documentation for compliance reviews of transactions.
Handle fixed assets administration matters in conformity with WBG policies and procedures, ensuring all assets are properly identified, covered by insurance, tagged and recorded in SAP.
Ensure that all financial records and files (e.g., supporting documents for office and Program expenditures, contracts, purchase fixed asset inventory, etc.
are well organized, maintained and updated.
Handle accounting issues for mission visitors’ usage of Country Office facilities.
Ensures Country Offices are reimbursed for personal calls, reviews vehicle usage and related office costs.
Conduct regular physical inventory and ensure that all missing items are reported and appropriately resolved.
In addition, the Finance Analyst will undertake budget management responsibilities for IFC Antananarivo office and generally contribute actively to CAF finance team-wide projects, activities and learning events.
Perform other duties as required in supporting Country Managers administrative and fiduciary roles.
Country offices Investment business analysis and reporting
Develop capabilities (methodology learning then skills building) to be member of CAF Integrated Quarterly Management Report ( IQMR) team on integrated reporting on investment business profitability Program,
Play lead role in country office reporting to country manager on investment business.
Liaise with CAF finance team and take part in training on IS business systems and analysis.
Assist Investment Officers (IOs) and Project Officers (POs) in preparing offline budgets for their projects.
Selection Criteria :
Bachelors BA / BS Degree in Accounting or Finance (or equivalent). Candidates holding a diploma or certificate but in advanced progress in receiving a recognized accounting designation (CA, CMA, ACCA etc.) considered.
A minimum of 3 years of accounting experience, in a corporate or development agency setting. World Bank Group experience a plus.
Sound knowledge of financial planning, accounting and reporting, and of project costing. Proven experience of budget formulation and business planning; analysis / monitoring.
Takes initiative to work independently, using judgment with sensitive and confidential information entrusted - seeking guidance within CAF finance team on complex issues to propose solutions.
Competence in the use of Excel and other MS Office applications, with previous experience in banking systems or systems such as SAP a significant advantage.
Strong data analysis and report presentation skills, including charts, graphs, pivot tables, etc.
Results-focus and client orientation to handle multiple tasks to meet client service expectations / deadlines.
Excellent interpersonal skills, knowledge sharing and teamwork, to work in a multi-cultural environment.
Strong written and oral communications skills.
Strong, capability to assess trends in financial performance under limited supervision.
Fluency in English and Portuguese essential.