RCA Flag
RCA Flag
Connecting Africa’s Skilled Professionals
RCA Flag

ReConnect Africa is a unique website and online magazine for the African professional in the Diaspora. Packed with essential information about careers, business and jobs, ReConnect Africa keeps you connected to the best of Africa.

Finance Analyst, Kenya
img3
Job Title: Finance Analyst, Kenya
Location: Nairobi, Kenya
Company: The World Bank
Job Summary: Seeking a proactive, highly-motivated Finance Analyst (FN) to be integral to its client service team.
Job Description: WFA Client Services (WFACS) is a Unit within WFATL that is devoted to providing “front-end” client services and related operations to clients and is organized along business lines serving the regions and global practices. The services within WFACS’s area of responsibilities fall under three categories: regional coordination; country focal point assistance; and project-level fiduciary and portfolio management. WFACS is seeking a proactive, highly-motivated Finance Analyst (FN) to be integral and active member of its client service team to be based in Nairobi, Kenya. Duties and Accountabilities: The Financial Analyst’s (FN’s) primary responsibilities will include, but are not limited to the following activities: Technical: 1. Act as the country focal point for assigned countries in collaboration with the country Finance Officer (FO), at country level. 2. Collaborate with the FOs in the following components of the work program pertaining to client support and technical assistance: Country Portfolio Performance Review (CPPR); Country Partnership Strategy (CPS); Participation in project launches; and providing input to the Implementation Status Reports (ISRs). 3. Collaborate with Finance Officers (FOs) on fiduciary review of loan preparation documents. 4. Manage project preparation from Concept Note to Effectiveness, as assigned, for low-risk projects. 5. Prepare level two (level one at FO direction) loan restructuring packages and clear in the Operations (Ops) portal. 6. Provide input to FOs on Withdrawal Application Quality Risk (WAQR). 7. Provide advice during project implementation to address fiduciary and fund-flow related issues based on a risk assurance framework. 8. Provide loan information and analyses to assist in decision-making. 9. Evaluate the results of both the reviews of transactions and the portfolio management work to identify areas where borrowers have capacity constraints and to assist in decision-making on the type of capacity-building that should be provided to clients. 10. Provide monthly inputs to the Client Relationship Management (CRM) Dashboard (managed by corporate services, reporting) on the status of disbursements and the performance of the portfolio for each Country Management Units (CMUs). 11. Provide capacity building and technical support to clients on the Bank's disbursement policies and procedures through face-to-face workshops, video conferences, e-mails and ad-hoc discussions resulting from reviews of transactions, missions etc. 12. Utilize the available online tools and experts in the Community of Expertise (COE) to build knowledge through discussion groups, posting of aide memoires, leave and mission plans, training materials and guidance notes. 13. Monitor inactive Project Designated Accounts (DAs) and liaise with clients to ensure that DA balances are promptly documented or refunded. 14. Implement actions to ensure that loans are closed promptly on the due dates. 15. Process the logging and resolution of ineligible expenditures in the system, including following up with clients to ensure ineligible expenditures are duly refunded. 16. Manage e-disbursement account setup and the related queries from clients. 17. Update loan data in the system for information such as: Master Data Setup; category overdraw; clearance of sanctioned and debarred firms; changes to Designated Account ceilings; fulfilment of Loan Effectiveness Conditions; loan Closing Date extensions; reallocation of category amounts; etc. 18. Perform ex-ante and ex-post review of withdrawal applications, including Special Commitments, and the related supporting documentation and sign off the withdrawal applications, as appropriate. Promptly liaise with clients to resolve any potential issues or exceptions noted in the processing of transactions. 19. Perform the Release function for withdrawal applications, as applicable. 20. Review and process cancellations, refunds, adjustments, returned payments, beneficiary registration forms (BRFs); Interim Financial Reporting (IFR) advances; and the refinancing of Project Preparation Advances (PPAs).
Requirements: Minimum Education: A Bachelor’s degree in Accounting, Finance or Business; and any one or more of: (i) A professional certification (fully qualified as CPA, ACCA, CA, CFA or equivalent); or (ii) a Master’s degree in Accounting, Finance or Business; or (iii) a combination of adequate and direct relevant work experience in lieu of a professional certification / Master’s degree. • Work Experience: At least 5 years of relevant experience in portfolio management, project operations accounting, auditing and/or contract management. • Ability to communicate effectively, in writing and orally, in both Portuguese and English is required. Ability to communicate effectively in French is desirable. • Relevant knowledge of Generally Accepted Accounting Principles (GAAP), internal controls and financial management. • Knowledge and application of the Bank’s Operational Policies and Procedures and how they relate to disbursements and loan portfolio management. • Ability to exercise professional judgment and appropriately interpret and apply operational policies, as they relate to disbursements and loan portfolio management. • Knowledge of the Bank's IBRD and IDA lending products. • Strong quantitative skills with superior attention to detail and numerical accuracy. • Strong analytical and conceptual skills with demonstrated ability to interpret data, assess issues, develop sound conclusions and formulate remedial measures. • Ability to manage complex tasks, deal with rapidly shifting priorities, provide professional support to senior staff and deliver against ambitious deadlines. • Capacity to work simultaneously, effectively and efficiently on a variety of diverse issues and tasks, independently adjusting priorities and achieving results with agreed objectives and deadlines. • Ability to operate effectively in a matrix management environment. • Strong client focus including good interpersonal, diplomatic and team building skills required for building and maintaining collaborative relationships. • Willingness to travel on mission and short-term assignments.
Salary:
Currency:
How to apply: Please apply online. https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=2152&site=1
Closing Date: 19/03/2019
Additional information: The World Bank Group values diversity and encourages all qualified candidates who are nationals of World Bank Group member countries to apply, regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Sub-Saharan African nationals, Caribbean nationals, and female candidates are strongly encouraged to apply.
img4
Welcome to the new, upgraded ReConnect Africa website.
Please help us provide you with information relevant to your needs by completing the fields below (just this once!)