E T Temporary Job #: req34630 Organization: World Bank Sector: Finance & Accounting Grade: ET4 Term Duration:ย 1 year 0 months Recruitment Type: Local Recruitment Location: Chennai,India Required Language(s): English Preferred Language(s): Closing Date: 11/3/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
Do you want to build a career that is truly worthwhile? 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 and promoting shared prosperity. 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.ย For more information, visit www.worldbank.org.
The WB Finance & Accounting (WFA) Vice Presidency is responsible for all aspects of the financial reporting and internal control framework for IBRD and IDA, and the extensive Trust Fund/Partnership portfolio of the WB entities. It supports an appropriate fiduciary control framework and administering disbursements for Bank lending and leads the client service function for the WBโs corporate expenses.
Organizationally, WFA is comprised of three departments: (1) Corporate Accounting and Reporting, (2) Trust Funds and Loans, and (3) Financial Controls. In Controllerโs our mandate supports both internal and external clients while we focus on delivery, optimization, impact, and people & culture.ย In WFA, our mandate supports both internal and external clients while we focus on delivery, optimization, impact, and people & culture.ย For more information, visit www.worldbank.orgย
Within WFA Internal Controls team (WFARC) is responsible for:
โข ย Managing the Internal Control over Financial Reporting (ICFR) program for IBRD and IDA to support management assertion and external auditor attestation.โข ย Coordinating the identification, assessment, management and reporting of Operational Risks in WFA.โข ย Facilitating the Business Continuity preparedness for WFAโs time critical activities.โข ย Advising internal clients on effective risk mitigation and internal control practices relating to new products, systems, and processes.
WFARN is currently seeking a Extended Term Temporary (ETT) who will be based in Chennai and report to the Financial Officer in Chennai.
What you will do:
The consultant will:
โข ย Perform design and operating effectiveness testing of ICFR key controls and document test results, for assigned processes and business linesโข ย Leverage existing control test plans, incl. sample size and test procedures to perform testing of design and operating effectiveness of controlsโข ย Document test results consistent with WFARC standard requirements in Wdesk toolโข ย Identify and communicate to WFARC Financial/ Sr. Financial Officer any control deficiencies for management remediationย ย ย โข ย Identify and communicate to WFARC Financial/ Sr. Financial Officer any process improvement opportunitiesย โข ย Support any adhoc tasks internal controls or Operational risk management, as may be assigned by WFARN Financial/ Sr. Financial Officerโข ย Report on status of assigned work on a regular basis (at least weekly) to WFARN Sr. Financial Officerโข ย Submit time sheet on weekly/ bi-monthly basis to WFARN Financial/ Sr. Financial Officer.
Selection Criteria
โNote: โOnly applicants who are nationals, legal residents, or otherwise have legal presence in the duty station independent of any employer, and who are authorized to work in the duty station, will be considered.โ
Education & Experience:
โข ย Chartered Accountant or Certified Public Accountant.โข ย Bachelors in Finance, Accounting or relevant discipline.โข ย Minimum 0-1 year post qualification experience.
Knowledge and Skills:
โข ย Previous audit/ assurance experience preferably in a Big 4 or similar public accounting firmsโข ย 3+ yearsโ work experience in internal controls, risk management, audit/ consulting, preferably in financial industry with exposure to financial productsโข ย Strong hands-on experience in basic technology tools (MS Office, Visual basic, Excel Macros, etc.)โข ย Understanding of Information Systems and IT General Controlsโข ย Excellent oral and written communication skills in Englishโข ย Attention to detail and numerical accuracy while managing multiple tasks and projects.
Abilities:
โข ย Good team player, with a strong client and results orientation, capable of working within a multicultural environment, with minimum supervision.โข ย Ability to deal with rapidly shifting priorities and work demands, and willingness to learn new skills and seek help from colleagues.
WFA Core Competencies:
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities. We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Other Requirement:
โข ย All information and documents which he/she accesses or is provided as part of this consulting engagement, will be deemed to be strictly confidential and shall not be retained or used by the consultant after the end of the engagement.โข ย Ensure any laptop/ tokens or other equipment provided by World Bank for carrying out the above outlined responsibilities, are returned to the World Bank as per instructions provided.
WBG Culture Attributes:
1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results..
World Bank Group Core Competencies
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC, including our values and inspiring stories.ย
Note: The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three 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 third-year ET appointment are not eligible for future ET appointments.