World Bank is hiring CA, CPA with 3 years post qualification experience for Financial Analyst at Chennai.The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.
Vacancy summary details :
- Company Name: World Bank
- Location : Chennai
- Post Name: Financial Analyst
- Qualification: CA, CPA
- Experience:03+Years
- No of Vacancies: NA
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Job Description/Skills Required
The Financial Analyst will serve a technical role with respect to the Chennai based loan accounting team, and in ensuring strong collaboration and knowledge sharing within the division. This role requires sound knowledge of IBRD and IDA loan products and policies, together with a strong background and experience in monthly closings in a production accounting unit that regularly interacts with Bank colleagues across other Finance VPUs, Operations, IFC, MIGA, and the external auditors. A large part of the work program relates to addressing urgent and unanticipated issues that arise on a regular basis – from all levels of the organization.
As a Financial Analyst, you will report to the Senior Team Lead in Chennai.
What you will do
• Quarterly / FY end closings: directly perform accounting closing production work for the IBRD/IDA loans portfolios, including key account reviews, reconciliation, analysis preparation. This work involves a large hands-on component working in underlying systems and other related modules. Directly engage with other corporate finance units, and the external auditors.
• Internal Control Oversight: proactively adopt and role model a strong control mindset. Set team norms to learn from past issues, identify areas in need of strengthening, and initiating appropriate actions.
• Quality control – ensure accuracy and completeness of loan portfolio accounts, including review of loan master data set up, interest rates, reconciliations etc.
• Business Analysis: draft and articulate business needs in business requirement documents related to new system needs, products or policies. Perform user acceptance testing of new systems and functionality.
• Financial Analysis: Proactively identify trends and/or potential inconsistencies through critical review of data and fact patterns regarding the loans portfolio. Lead/assist/support the response to queries from senior management, external auditors etc.
• Internal and external collaboration: Act as a key point of contact for external auditors and coordinate financial activities with business units within IBRD and IDA, provide debt service workshops to clients, support to Bank Country and Regional teams on billing and/or other financial matters.
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