Senior Accounting Assistant

Senior Accounting Assistant

Job #: req34442 | Organization: World Bank | Sector: Finance & Accounting | Grade: GD | Term Duration: 3 years 0 months | Location: Manila, Philippines | Required Language(s): English | Closing Date: 10/10/ :59pm UTC

Description

The World Bank Group is a global partnership of five institutions driven by a vision to reduce poverty and promote sustainable development. The WB Finance & Accounting (WFA) Vice Presidency is responsible for financial reporting and internal controls for IBRD, IDA, and related portfolios, supporting fiduciary controls and administering disbursements for Bank lending, and leading client service for corporate expenses. WFA is organized into three departments: Corporate Accounting and Reporting; Trust Funds and Loans; Financial Controls. WFA Financial Operations (WFAFO) handles accounting for administrative expenses and fixed assets, including Travel Accounting, Accounts Payable, Fixed Asset and Lease Accounting, and related areas, with a focus on internal controls and reporting. WFAGP handles global payments processing for HQ and country offices, with functional reporting to WFATA.

WFAGP is recruiting for Term Staff (GD) in the Global Payments team. The Term staff will work on accounting and reporting activities, including processing payments to vendors and staff at HQ or country offices, with extensive interaction with HQ and country accounting staff, other WBG units, and vendors.

What you will do

• Continuously monitor all GL accounts and prepare periodic reconciliations; follow up with clients and other units on aged and critical items
• Prepare monthly Trial Balance; analyze and explain variances and aged items
• Provide inputs to Management Reporting and Analysis
• Compile and monitor KPIs, metrics monthly with benchmark data; explain significant variances
• Liaise with Data Analytics team to obtain monthly MIS reports; explain major variances
• Develop data analytics/trends to support adhoc reporting needs; prepare reports as needed
• Implement relevant accounting policies and KPIs monthly; explain significant variances
• Undertake General Ledger accounting entries and Chart of Account maintenance
• Participate in user testing (UAT) and implementation of new systems/tools/reports to enhance efficiency and standardization
• Process payments to staff and vendors within service standards and contractual terms
• Apply provisions of US GAAP for accrual accounting
• Respond to queries from vendors and units relating to payments
• Maintain excellent client rapport and provide strong client service in issue resolution

Selection Criteria

Note: Only applicants who are nationals, legal residents, or otherwise have legal presence in the duty station and are authorized to work there will be considered.

What you will bring Education

• Professional accounting qualification (CA, CPA, ACCA or equivalent)
• Freshers welcome; post-qualification experience is an added advantage
• Bachelor’s or master’s degree in Finance, Accounting, Taxation is a plus

Experience

• Minimum of 2 years of relevant experience

Knowledge and Skills

• Understanding of relevant accounting principles, accounting policies, and ICFR requirements
• Experience with GL posting, bank reconciliations, and basic accounting reports
• Experience with SAP FI is required; Power BI, Tableau desirable; exposure to PeopleSoft is a plus
• Advanced MS Office skills (Excel, Word, PowerPoint)
• Experience in aging analysis, trial balance reporting in a corporate environment
• Experience in issue resolution with stakeholders
• Ability to learn new technology quickly; hands-on experience with integrated accounting systems
• Experience with SAP is required

Abilities

• Strong verbal and written communication skills
• Client-focused, flexible, and able to work effectively with others

World Bank Group Culture Attributes

• Sense of Urgency – Anticipating and quickly reacting to stakeholder needs
• Thoughtful Risk Taking – Taking informed risks to push boundaries for impact
• Empowerment and Accountability – Actively engaging with others for results

We are an equal opportunity and inclusive employer, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Learn more about working at the World Bank Group and IFC, including our values and inspiring stories.

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