Finance Analyst, CTRCS Brasilia

Finance Analyst, CTRCS Brasilia
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.

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The WBG Controller 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 WB's corporate expenses.

Organizationally, the WBG Controller is comprised of three departments: (1) Corporate Accounting and Reporting, (2) Trust Funds and Loans, and (3) Financial Controls. In the WBG Controller, our mandate supports both internal and external clients while we focus on delivery, optimization, impact, and people & culture.

Within the WBG Controller, CTRCS – the Trust Funds and Loan Operation Client Services unit – is devoted to providing  front-end  client services and related operations to business and external clients and is organized along business lines serving the regions and global practices. The services and responsibilities of the CTRCS unit fall under three categories: regional coordination, country focal point assistance, and project-level fiduciary and portfolio management.

CTRCS is currently seeking highly motivated Finance Analysts (FN) across its multiple office locations.

The Finance Analyst (FN) plays an important role in disbursement-related activities during the implementation of a project. The FN is expected to work in close collaboration with the Senior Finance Assistants (SFAs), the Finance Officer(s) and Regional Team Leader to support task teams, operations staff, and external Borrowers. The FN's responsibilities include performing a variety of tasks, including working on a diverse range of disbursement-related issues, providing solutions, and contributing to system design and data initiatives.

As a Finance Analyst, you will report to the Regional Team Lead.

• Disbursement transactions processing:
  Act as the country focal point for assigned countries in disbursement-related aspects in collaboration with the country Finance Officer. Perform transaction processing including release of disbursements, as appropriate. Promptly liaise with clients to resolve any potential issues or exceptions noted in the processing of transactions.
• Project restructuring and preparation of certain Trust Funds:
  Manage project preparation, as assigned by the Finance Officers for low-risk Trust Funds, and review restructuring packages.
• Portfolio management:
  Monitor inactive Project Designated Accounts; engage in portfolio management activities and system updates; liaise with clients to ensure that Designated Account balances are promptly documented or refunded for orderly loan closure; and handle other tasks that may be assigned by their supervisor.
• Training and capacity building:
  Evaluate the results of both the reviews of transactions and the portfolio management work to identify areas where borrowers have capacity constraints, and provide capacity-building to clients. This includes training end-users on how to access and interpret the Bank's online systems,…