IDB3294 - Project Financial Management Specialist RH-Cairo Business Unit: Operations Complex Division: Country Rel.&Ser. MENA & Europe Department: Country Relations and Services MENA & Europe Contract type: Fixed Term Contract Country: Egypt Location: Egypt - Cairo Closing date: 30-Apr-2024
Job Purpose:
Assist in ensuring integrity of the Bankโs operations transactions through developing policies, guidelines, procedures and tools, as well as to provide support to ensure and enhance adequacy of financial management systems of Bankโs operations.
Key Accountabilities:
Project Financial Management
Review IDBโs policies and procedures to ensure consistency with the project financial management policies of the Bank.
Support the selection of external auditors based on best practices of other MDBs.
Contribute to the review of procurement process, particularly the terms of reference, for the selection of auditors and financial management consultants for projects.
Assist project beneficiaries of IDB financed operations with the development of sound project financial management systems and familiarize stakeholders with IDB's financial management policies and procedures in liaison with the field staff.
Ensure financial management of all operations and ensure compliance with policies and procedures of the Bank.
Provide necessary technical support to local implementing/executing agencies and project teams to carry out financial management of all IDB's financed operations.
Review audit reports of executing/implementing agencies and external auditors for all projects under implementation, to ensure compliance with IDB's financial management policies/guidelines and raise flag in case of any risk.
Assist in providing advisory services to the DG Country Relations & Services and DG Global Practices and Chief Economist regarding project financial management matters during all stages of the operations cycle as well as during strategic discussions held with countries.
Assist in develop the necessary controls to detect unusual occurrences as part of an early-warning system to help prevent fraud and corruption.
Prepare country financial accountability assessments over the project cycle of the Bank.
In conjunction with Knowledge Management and Institutional Learning, contribute to the development and dissemination of the knowledgebase of financial management best practices, lessons learnt and country profiles in relation to procurement.
Academic and professional qualifications:
Bachelorโs degree in Finance, Economics, Business Administration or any other related field.
Minimum 5 years of relevant experience in project finance, auditing, or development economics.
Skills & Necessary Knowledge:
Planning & organizing
Well-developed Negotiation skills
Project management
Advance Financial (Balance Sheet) Analysis
Analytical thinking
Problem solving
Passion for excellence
Effective stakeholder management skills
Knowledge of Corporate Governance and best practices
MS Office
Languages:
English - Mandatory
Arabic - Preferred