Job vacancy for Extended Term Consultants (ETCs) in Financial Management in World Bank Abuja

The World Bank is looking for Extended Term Consultants (ETCs) in Financial Management (ETC-FM) to be based in Abuja, Nigeria. The ETC-FM will report to the Regional Financial Management Manager (RFMM) who is part of the core team Africa Region Quality and Knowledge Services Team in Washington, DC. The ETC-FM will assist in all financial management (FM) aspects related to the World Bank’s operations under the direct supervision of Senior Financial Management Specialists (FMS) based in Abuja.


Responsibilities

Assessing the adequacy of the Borrower’s project financial management systems and their ability to manage and monitor World Bank financed projects. This includes budgeting, policies and procedures, internal controls, accounting, financial reporting and auditing;
• Assisting the Borrower and the World Bank Task Team members on financial management requirements, including monitoring and reporting issues;
• Carrying out supervision work to ensure that projects financial management systems are functioning appropriately, including the periodic review of project financial management reports for financial performance;
• Assessing the selection and engagement of auditors, ensuring their suitability including their independence, and competence to perform; and ensuring that the borrower provides auditors with all the relevant information (including Terms of Reference and the Bank's own requirements) necessary to carry out their engagement;
• Reviewing interim financial reports and audited project/entity financial statements, monitoring borrower compliance with financial covenants including audit compliance, ensuring adequate communication with borrowers in respect of audits and enters data on auditing and accountability issues in the Audit Reports Compliance System; and
• Other activities, as agreed with the RFMM.
Qualifications

Bachelors degree in accounting, business, finance, economics, or related subject, a professional accountancy qualification (ACA or equivalent) and at least 5 years audit experience.  Public sector experience would be an advantage. In addition, the candidate should have the following qualifications:


• Knowledge of the application of accounting, auditing and financial reporting systems and software packages;
• Ability to review, analyze and evaluate financial statements and audit reports in diverse sectors

• Ability to communicate effectively, in writing and orally, in English.
• Willingness to travel frequently

Interested candidates should apply here

Closing date is 10-Nov-2010