Financial Management Specialists
Short Term Consultants
Vacancies: 4 Positions
Location: Nairobi, Kenya
The World Bank Country Office in Kenya is looking for 4 Short Term Consultants
(STCs) to be hired as as Financial Management Specialists (FMS) to be based in
Nairobi, Kenya.
Short Term Consultants (STCs) at the World Bank are paid on a daily basis for actual
days worked.
The STC appointment can be for any length of time as long as the STC does not
exceed 150 days per fiscal year.
The Short Term Consultant, Financial Management Specialists (STC-FMS) will
report to the Senior Financial Management Specialist and Cluster Leader
(CL-FMS) based in Washington DC.
The STC-FMS will work from the World Bank Country Office in Nairobi, and assist
in all financial management (FMS) aspects related to the World Bank’s
operations under the supervision of the two Financial Management Specialists
(FMSs) based in Nairobi.
The STC-FMS will perform as a member of the various Task Teams of the World
Bank financed projects, and in addition lead special purpose initiatives.
The specific duties and responsibilities of the STC-FMS will be agreed with the
CL-FMS.
The STC-FMS will work under the close supervision of an FMS and will contribute
to the following tasks:
(i) Assess 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;
(ii) Assist the Borrower and the World Bank Task Team members on financial
management requirements, including monitoring and reporting issues;
(iii) Carry 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;
(iv) Assess the selection and engagement of auditors, ensuring their
suitability including their independence, and competence to perform; and ensure
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;
(v) Assesses periodic project financial management reports on financial
performance and compliance with financial covenants;
(vi) Reviews interim financial reports and audited project/entity financial
statements, monitors borrower compliance with financial covenants including
audit compliance, ensures 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 CL-FMS.
The successful candidate should have a Bachelors degree in accounting,
business, finance, economics, or related subject and at least 3 years of
relevant experience.
A professional accountancy qualification (CPA, CA or equivalent) is desirable.
In addition, the candidate should have:
(i) Knowledge of the application of accounting, auditing and financial
reporting systems and software packages;
(ii) Ability to review, analyze and evaluate financial statements and audit
reports in diverse sectors and circumstances;
(iii) Knowledge of International Financial Reporting Standards, International
Public Sector Accounting Standards and International Standards on Auditing;
(iv) Experience with internal control systems and procedures (including
familiarity with COSO), with the ability to assess such systems and recommend
remedial action where necessary;
(v) Proven analytical and problem-solving skills and a proven ability to apply
these in gathering, recording and summarizing financial and other operational
data;
(vi) Experience in auditing and knowledge of what to do with respect to
qualified audit reports and matters arising from management letters;
(vii) Capacity to function as a member of a diverse, multi-disciplinary team in
a matrix and decentralized environment;
(viii) Ability to work flexibly on a range of assignments, adjust to and
prioritize a variety of complex evolving tasks and under pressure to meet
deadlines;
(ix)Effective interpersonal skills to work with colleagues, clients and donor
counterparts;
(x) Recognized as a results-oriented team player who is adaptable to changing
business needs, takes initiative, can work independently and is capable of
contributing to a diverse set of activities; and
(xi) Ability to communicate effectively, in writing and orally, in English.
(x) Willingness to travel frequently
Email Applications:
Qualified candidates should submit an application to the email address
JobsKenya@worldbank.org for this job advertisement.
The closing date for receipt of your electronic application is end of day April
20, 2012.
Only short listed candidates will be contacted.
The World Bank Group is committed to achieving diversity in terms of gender,
nationality, culture and educational background.
Individuals with disabilities are equally encouraged to apply.
10:58 AM
maboko
Accounts and finance
