Financial Officer, Corporate Reporting Job #: req34622 Organization: IFC Sector: Finance & Accounting Grade: GG Term Duration:ย 3 years 0 months Recruitment Type: International Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): Closing Date: 10/30/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, the WBG works 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 The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.
About the WBG Controllers Vice Presidency Unit (WBG Controllers VPU)ย
The WBG Controllers VPU is responsible for all aspects of the financial reporting, internal control framework for the WBG, and the extensive Trust Fund/Partnership portfolio across WBG entities. It supports an appropriate fiduciary control framework and administers WBGโs financial operations and leads the client service function for the WBGโs corporate expenses. Organizationally, the WBG Controllers VPU is comprised of three departments: (1) Corporate Accounting and Reporting, (2) Trust Funds and Loans, and (3) Financial Controls. The VPUโs mandate encompasses support for both internal and external clients, with a focus on delivery, optimization, impact, and people & culture.
IFC Corporate Reporting Unitย
Operating within the WBG Corporate Accounting and Reporting department, the IFC Corporate Reporting division is responsible for preparing accurate and timely periodic financial reports for both internal and external stakeholders. The unit oversees and facilitates the external audit process, ensuring the issuance of audit and review opinions by independent auditors on IFCโs annual and quarterly financial statements. It provides assurance regarding the integrity of financial ledgers and reported information, and manages the monthly closing process, including consultation and coordination with decentralized accounting business units. Additionally, the team collaborates with other departments to assess the impact of new and proposed accounting standards as well as complex transactions on financial statements and management reports.
The IFC Corporate Reporting unit seeks a Financial Officer in Washington, D.C. to assist with quarterly and annual financial reporting and provide analytical reviews of business unit results for management reporting.
Duties & Responsibilities:
The successful candidate will perform the following duties and responsibilities:โข ย Prepare and/or review quarterly and annual financial statements.โข ย Oversee IFCโs General Ledger (SAP) and the monthly closing process to ensure timely closing of the general ledger.ย โข ย Lead preparation of internal management reports and respond to information inquiries and data requests from internal clients as well as external stakeholders to support financial decision-making.ย โข ย Prepare and enhance analytics reports through automated solutions, including improving analytical review procedures.โข ย Collaborate with cross-functional teams across the WBG entities to ensure alignment and integration of automation initiatives as well as corporate-wide initiatives.โข ย Develop and implement strategies to streamline and simplify the monthly and annual closing processes.ย โข ย Mentor and coach junior team members to ensure growth, bench strength, and contribute to their career development.
Selection Criteria
โข ย Bachelorโs degree in finance, Accounting, or relevant discipline. A master's degree in accounting or finance is preferred.โข ย Certified Public Accountant or equivalent designation (e.g., CPA, CA, ACCA or equivalent).ย โข ย 8 years of experience in corporate or public accounting.ย โข ย Sound understanding of U.S. GAAP accounting standards.โข ย Strong technical accounting and reporting background.ย โข ย Proficiency in using digital tools and technologies to enhance productivity, manage data, and support decision-making processes, such as providing low code/no code solutions by leveraging technology for working with large database coming from multiple systems, and applying visualization techniques to create dashboards and interpret data.โข ย Strong background in Office 365 products & relevant experience in scripting languages would be preferred.โข ย Knowledge of SAP (General ledger) is a plus.โข ย Familiarity with best practices in internal controls over external financial reporting.โข ย Preference to applicants with a background in the financial services industry, particularly in Multilateral Development Banks (MDBs), Big Four, or equivalent public accounting experience.ย โข ย Strong analytical skills and Project management experience.โข ย Excellent communication skills in English, both written and oral.ย โข ย Proven ability to use creative communication methods, such as storytelling, to enhance the impact of financial reports and presentations.ย โข ย Ability to work independently as a project manager, take initiative, and anticipate and respond quickly to emerging situations.
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
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.
Learn more about working at theย World Bankย andย IFC, including our values and inspiring stories.