Summary
Date Posted: Thursday, September 26 2024, Base Salary: Not Disclosed

JOB DETAILS:
Description
The World Bank Group is one of the largest sources of funding and knowledge for developing countries. It is 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.

Governance Global Practice
The Governance Global Practice supports client countries to build capable, efficient, open, inclusive, and accountable institutions. Countries with strong institutions prosper by creating an environment that facilitates private sector growth, reduces poverty, delivers valuable services, and earns the confidence of its citizens. 

FM ETC for Uganda
The Governance Practice, Eastern Africa unit (EAEG1) is seeking a Financial Management (FM) Extended Term Consultant (ETC) to provide Financial Management support to the Uganda portfolio and possibly other countries within the Country Management Unit (CMU). The selected candidate will be part of the Eastern Africa Governance FM team and is expected to provide technical support to the clients and Bank teams beyond the ordinary FM support. With overall guidance from the responsible portfolio FM Senior Specialist and Coordinator, the FM ETC is expected to (i) provide client FM implementation support through the TTLs; (ii) contribute to the projects FM arrangements and technical design; and (iii) operational support to the TTLs including timely filing of all relevant FM documentation and updating of the FM system.

Duties and Accountabilities
• Carry out financial management (FM) work for projects financed by the World Bank and provide advisory and technical assistance to internal and external clients. This will include, but is not limited to:
• assessing the adequacy of project financial management arrangements for new and ongoing projects.
• monitoring compliance with the Bank’s audit and fiduciary requirements.
• ensuring that World Bank-financed operations are carried out in accordance with applicable FM policies, procedures, and instructions, and supporting analytical work on FM and Public Financial Management (PFM).
• Manage the preparation and supervision of assigned tasks and deliverables and ensure effective delivery of programs requested by the Country Management Unit.
• Generate and exchange knowledge relating to governance issues.
• Contribute to the organization of seminars/workshops on governance/financial management issues.

Selection Criteria
This is a local position . Only residents in Uganda should apply.
• The candidate should have a bachelor’s degree in accounting, business, finance, economics, and a Masters’ degree in or in a related subject.
• A professional accountancy qualification (CPA, CA or equivalent) by a professional accounting organization member of IFAC is mandatory.
• At least five years of relevant experience in financial management or auditing with a strong knowledge in financial management issues applicable to projects funded by the World Bank or other multilateral development banks.
• Knowledge of the application of accounting, auditing and financial reporting systems and software packages.
• Ability to review, analyze and evaluate financial statements and audit reports in diverse sectors and circumstances.
• Experience in evaluating financial management systems (including budgeting, accounting, cash management, internal audit and financial reporting systems).
• Experience in assessing auditor competence and independence.
• Understanding of the budget formulation and execution processes, including treasury and cash management, as applicable to Bank-financed investment projects and public sector finance in general.
• Knowledge of International Reporting Standards (IFRS) and International Standards on Audit (ISA). Knowledge of International Public Sector Accounting Standards (IPSAS) and the International Standards of Supreme Audit Institutions (ISSAI) would be an advantage.
• Ability to work flexibly on a range of assignments, adjust to and prioritize a variety of complex evolving tasks and under pressure to meet deadlines.
• Willingness to travel frequently, sometimes at a short notice.
• General Competencies
• Written and Verbal Communication - Delivers information effectively in support of team or workgroup
• Client Orientation - Takes personal responsibility and accountability for timely response to client queries, requests or needs, working to remove obstacles that may impede execution or overall success.
• Drive for Results takes personal ownership and accountability to meet deadlines and achieve agreed-upon results and has the personal organization to do so.
• Teamwork (Collaboration) and Inclusion - Collaborates with other team members and contributes productively to the team's work and output, demonstrating respect for different points of view.
• Knowledge, Learning and Communication - Actively seeks knowledge needed to complete assignments and shares knowledge with others, communicating and presenting information in a clear and organized manner.
• Business Judgment and Analytical Decision Making - Analyzes facts and data to support sound, logical decisions regarding own and others' work.


Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure

Interested and qualified, Click here to apply.


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