Details
World Bank Job 2023-24 || Accounting Policy Officer
The World Bank (WB) is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions (IBRD, IDA, IFC, MIGA, and ICSID) dedicated to ending extreme poverty, increasing shared prosperity, and promoting sustainable development on a livable planet. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org.
The WB Finance & Accounting (WFA) Vice Presidency is responsible for all aspects of the financial reporting and internal control framework for IBRD and IDA, and the extensive Trust Fund/Partnership portfolio of the WB entities. It supports an appropriate fiduciary control framework and administering disbursements for Bank lending and leads the client service function for the WB’s corporate expenses.
Organizationally, WFA is comprised of three departments: (1) Corporate Accounting and Reporting, (2) Trust Funds and Loans, and (3) Financial Controls.
Within WFA, Accounting Policy is the central unit for accounting policy development and advice for IBRD and IDA. This is done by monitoring and evaluating external standard-setting activities for both accounting and auditing policy and practice, as well as regulatory activity. Our team members establish IBRD’s and IDA’s position in response to proposed accounting and auditing standards, and at times, formally conveys the Bank’s views to external standard setting entities in the form of comment letters.
The Accounting Policy Unit is currently seeking a Policy Officer for its team in Washington, DC.
Selection Criteria
Education & Experience:
• CPA, CA or equivalent designation
• Master’s degree in Accounting, Finance or MBA
• 6 or more years of experience in financial reporting and analysis, strong knowledge of U.S. GAAP and proficiency with researching accounting literature
• Preferable: Big Four or equivalent public accounting experience is highly desirable
Knowledge and Skills:
• Demonstrated strong technical accounting skills
• Excellent oral and written communication skills in English
• Demonstrated ability to manage effectively tasks of diverse sizes, from small to complex, and competing demands in a timely manner
• Proven ability to work in a team environment
• Strong knowledge of and experience with internal controls over financial reporting
Specifications
| Type of Opportunity | Internships |
|---|---|
| Deadline | Ongoing |
| Country | USA |
| Open to | All Nationalities |