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Unit Context:
The Budget, Performance Review, and Strategic Planning (BPS) VPU is mandated with overseeing the resource management and corporate procurement function of the World Bank. The purpose of the VPU is to deliver high value for money with efficient, effective, and professional finance and resource management services to help drive sustained business success through delivery of the WBG strategy. At the same time, it is focusing on improving governance to enable better oversight of what and how services are provided and continuing to strengthen its professional workforce with up-to-date skills, knowledge, and experience.

BPS is organized into four departments under a Vice President: (1) BPS Corporate Units (BPSCU) - supporting Institutional, Governance and Administrative Units, Capital Budget and providing BPS systems, knowledge, data governance and the service center; (2) BPS Operations Units (BPSOU) - supporting Practice Groups and Regions (3) BPS Strategic Planning (BPSSP) - supporting the corporate strategic business and budget planning process; and (4) BPS Corporate Procurement (BPSCP) with teams responsible for coordinating and overseeing the sourcing strategy, selection, contract execution, and vendor management across the globe.

BPS has a service delivery model with three core roles:
• Business Partners (client facing): embedded partners focused on decision support and performance oversight with strong understanding of the business.
• Centers of Expertise (COE): providing thought leadership and analytics, designing business finance policies, practices, and coordinating business finance knowledge management; and
• Service Center: central unit to manage delivery of high volume and transactional and reporting services across the Bank, including help desk support to clients.

Unit Overview
BPS is now seeking to recruit four Finance Officers (FOs) to help drive, support, and implement the BPS Service Delivery model. Note, additional Finance Officer vacancies may be included should the business need arise in the short term.

Current open positions are in the following units:
1.BPSCO - COE Unit for Operations (two positions)
2.BPSSE - Business Partner Unit supporting SD Global VPU and ECA region
3. BPSIM - Business Partner Unit supporting DD and INF Global VPUs and MENA region

The selected candidates are expected to be excellent team players, comfortable working with large datasets with extensive data modeling skills with finance/accounting/economics background/experience, strong analytical skills and knowledge in one or more of the key functional areas that BPS supports.
As with all other BPS staff, FOs are expected to be fungible and able to work across different assignments over time depending on business needs and professional development objectives.

Duties and Accountabilities:

Finance Officers are front-line business partners to senior management and/or technical experts in business finance. They are expected to combine excellent analytical skills with an ability to interpret data and apply judgment, advising clients on how best to manage and deploy the Bank Budget and external financial resources available to them, whilst ensuring compliance with institutional and statutory obligations. They are expected to work directly with senior management as business partners, be accomplished users of the Bank’s key resource management systems, and provide leadership on technical resource management matters.

Selection Criteria

•Master’s Degree in Accounting, Business, Finance, or other relevant discipline (e.g. Economics, Finance, Public Administration, Information Systems/Digitalization/Data Science etc.) or bachelor’s degree plus an internationally recognized professional qualification (e.g. CPA, CA, ACCA, CGMA, CIMA, CFA)
•Five years relevant experience across two units or moving to an assignment in a different unit (relevant country office, non-Finance, or external experiences would fulfill second unit requirement).
•Strong understanding of the BPS business, including key budget and finance processes, products and services
•Demonstrated expertise in management and/or financial accounting disciplines, such as fund accounting.
•Strong understanding of business-critical accounting and reporting applications, including SAP, AO, BW and BPC.
•Experience in quantitative modelling skills that are appropriate for supporting decisions on resource allocation and utilization.
•Familiarity with the fundamentals of Business Process Management and Data Governance.
•Ability to write and present complex data/analyses in a concise and clear manner.
•Excellent communication, teamwork, interpersonal and collaboration skills
•Strong client relationship management experience and skills
•Project management, including task team leadership and/or project leadership
Proficiency in following core competencies (for Finance Officer):

•Integrity and Independence - Interprets information in an objective manner, exercising professional skepticism and critical thinking; disseminates information with due attention to potential issues of confidentiality and disclosure.

•Statutory and other Stakeholder Reporting - Has a good understanding of financial statements and stakeholder reports and can explain trends, drivers and variances to others (either for statutory purposes or other stakeholders, such as TF donors).

•Performance Evaluation and Reporting - Able to analyze and interpret reports and draw meaningful conclusions with respect to performance against strategic and operational priorities.

•Internal controls and corporate procedures - Able to evaluate and ensure the consistency of specific policies and procedures with the entity’s stated mission, strategies and practices; Can identify deficiencies and analyze controls, policies, procedures and corporate guidelines, alerting and informing the appropriate channels to review and take corrective action.

•Planning and Budgeting - Able to coordinate work program and budget planning, formulation, allocation processes (including WPAs where app