Recrutement de 01 Financial Management Specialist

Niveau d'études: Bac + 5 ou plus
Expérience: 5 ans
Expire le: 10-02-2022

World Bank
Tunis, Tunisia
Banque et Assurances
Financial Management Specialist

Job # : req14721
Organization : World Bank
Sector : Financial Management
Grade : GF
Term Duration : 4 years 0 months
Recruitment Type : Local Recruitment
Location : Tunis,Tunisia
Required Language(s) : English, French
Preferred Language(s) :
Closing Date : 2/10/2022 (MM/DD/YYYY) at 11 : 59pm UTC

Description

Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. 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, increasing shared prosperity and promoting sustainable development. 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. For more information, visit www.worldbank.org.

Governance Global Practice Context

Sound governance and effective institutions are essential for achieving shared prosperity and sustained reductions in poverty. A rapidly growing body of analytic work demonstrates that there are clear linkages between good governance and the quality of health and education services, and that the poor often suffer disproportionately from lack of alternatives. Countries capable of improving governance can use their human and financial resources more efficiently with fewer losses and distortions. They can attract higher levels of foreign and domestic investment and, on average, grow more rapidly.

The Governance Global Practice brings together professionals in procurement, financial management, taxation, public management, regulatory policy, transparency, digital governance, law and development, anticorruption, and social accountability to develop innovative, integrated solutions to pernicious institutional problems. The practice utilizes a problem-driven, diagnostic approach, combining global comparative knowledge of reform successes and failures with keen understanding of the institutional challenges and opportunities of developing countries.

Governance Global Practice – MENA (EMNGU) seeks to recruit a Financial Management Specialist (FMS) (local hire) to contribute to, support and supervise financial management aspects of our program in Maghreb countries. The FMS will be based in Tunis office and work on FM assessments of projects in the pipeline and provide implementation support for the Tunisia portfolio, ensuring compliance with Bank’s fiduciary standards.

Regional Context

There is a strong demand from countries in MENA for development finance, global expertise and innovation. There are over a hundred active projects in the portfolio with a commitment of over $ 20 B. The Bank also delivers a wide range of analytical products to help MENA countries transform their economies and lay the foundations for inclusive growth and job creation. The World Bank’s knowledge services included support for the region’s high-income countries, through its Reimbursable Advisory Services.

Country Management Unit Context

The Maghreb Country Management Unit (MNC01) covers Bank activities in Morocco, Tunisia, Algeria, Libya, and Malta. The MNC01 Country Director is based in Rabat. The Country Management Unit (CMU) for Morocco, Algeria, Tunisia, Libya and Malta (MNCO1) oversees portfolio implementation, strategy direction, monitors impact, and evaluates results for the Bank’s portfolio in the five countries.

Country Context

Tunisia, a lower middle-income country and the cradle of the Arab Spring, has been hit hard by the COVID crisis with GDP sharply decreasing by 8.8 percent in 2020 and unemployment and poverty rising and leaving strong marks on the fiscal and debt situation of the country. The Bank, in close coordination with other partners, is supporting the country to mitigate the economic and social impacts of the pandemic. The Bank has an active IBRD portfolio currently amounting to $1.9 billion in twenty-four operations which has been drawn on extensively to support core reforms and vital service delivery in the country. Analytical work and policy dialogue are a core ingredient of the Bank’s country program and are also the basis for the Bank to be a noted voice in the public debate on development priorities. The country team is in the process of preparing a new Country Partnership Framework in FY22 following the Systematic Country Diagnostic completed in FY21.


Duties and Accountabilities

The FMS will work within the MNC01 team, which includes the Country Director, Country Managers, Program Leaders, Task Team Leaders, Public Sector Specialists and Analysts, Procurement and other technical specialists, and Administrative and Client Service (ACS) staff. The FMS will report to Practice Manager, EMNGU but will carry out the day to day functions under the direct supervision of Sr. FMS based in Rabat.

The FMS will be based in the World Bank’s Tunis office and work on all Financial Management aspects of the World Bank’s operations in Tunisia. This will include but will not be limited to: (i) assessing the adequacy of country, project and programs financial management arrangements; (ii) providing implementation support and supervising projects financed by loans, credits and grants; (iii) ensuring compliance with the Bank’s audit and other fiduciary requirements; and (iv) developing policy actions for Development Policy Operations, as needed.

The specific duties and responsibilities of the Financial Management Specialist (FMS) will be agreed with the GOV Practice Manager. He/she is expected to perform a full range of operational Financial Management (FM) duties.

He/she will take a leading role in the following tasks:
Undertake FM assessments for new projects and provide FM implementation support for ongoing projects covering project budgeting, internal controls, accounting, treasury, funds flow, financial reporting, auditing arrangements and adequacy and suitability of project FM staff.Monitor on-going compliance by projects with the Bank’s FM policies and procedures.Monitor borrower’s compliance with financial covenants, including audit requirements.Review periodic Interim Financial Reports (IFR).Review annual audited financial statements, audit reports and audit management letters, and prepare appropriate communication to project implementation agencies.Update the Bank’s automated FM monitoring systems on a timely basis.Explore the use of technology for effective fiduciary supervision. Assess audit firms/auditors in terms of independence, competence, compliance with international auditing standards.Provide training, guidance and advice on FM related aspects to external clients (borrowers and staff of project implementing agencies) and internal clients (Bank Task Teams, and CMU staff).Contribute to or lead analytical or technical assistance work on public financial management. Participate in country-level portfolio activities such as Country Portfolio Performance Reviews, risk-review meetings, deep dive preparation, implementation and monitoring and other implementation meetings and events.Ensure that WBG-financed operations are carried out in accordance with applicable FM policies, procedures, and instructions, and supporting analytical work on FM and public financial accountability.Contribute to project and other portfolio and country documents in his/her area of work as needed.

Selection Criteria

The successful candidate will be a professional with solid operational experience on financial management, preferably at the World Bank and/or other multilateral lending institutions. Specifically, the successful candidate will be selected on the basis of the following competencies:
Advanced degree (Master’s or equivalent) in accounting, economics, public financial management, public policy/political science, finance, or another related field.The candidate should be a qualified professional accountant (CPA, CA, ACCA, DEC or equivalent membership of an internationally recognized professional accountancy body).At least 5 years of relevant experience in financial management.Knowledge of International Reporting Standards (IFRS) and International Standards on Audit (ISA). Knowledge of International Public Sector Accounting Standards (IPSAS) and the International Standards of Supreme Audit Institutions (ISSAI) would be an advantage.Experience in designing and assessing internal control systems using internationally accepted control frameworks such as COSO.Experience in evaluating financial management systems (including budgeting, accounting, cash management, internal audit and financial reporting systems).Experience in assessing auditor competence and independence.Experience in the design and implementation of computerized financial management systems.Experience in evaluating/interpreting financial statements and in determining appropriate remedial actions.Understanding of the budget formulation and execution processes, including treasury and cash management, as applicable to Bank-financed investment projects and public sector finance in general.Excellent written and verbal communication skills in English and excellent written, verbal communication and reading skills in French is required.Knowledge and experience in the development field, and familiarity with World Bank’s operations and investment lending instruments would be an advantage.Willingness to travel frequently, sometimes at a short notice.
General Competencies
Written and Verbal Communication - Delivers information effectively in support of team or workgroup.Client Orientation - Takes personal responsibility and accountability for timely response to client queries, requests or needs, working to remove obstacles that may impede execution or overall success.Drive for Results - Takes personal ownership and accountability to meet deadlines and achieve agreed-upon results and has the personal organization to do so.Teamwork (Collaboration) and Inclusion - Collaborates with other team members and contributes productively to the team's work and output, demonstrating respect for different points of view.Knowledge, Learning and Communication - Actively seeks knowledge needed to complete assignments and shares knowledge with others, communicating and presenting information in a clear and organized manner.Business Judgment and Analytical Decision Making - Analyzes facts and data to support sound, logical decisions regarding own and others' work.Public Administration - Understands the overall dimensions and structures of the mechanics of government and its public administration, including public financial management).

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

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