Financial Management Specialist

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Description

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Our work encompasses initiatives monetary administration, public monetary administration, procurement, civil service reform, open authorities, anti-corruption, and utilizing know-how to enhance high quality and entry to authorities providers. The FMS will likely be underneath the supervision of the FM cluster chief for (Cameroon, Congo, CAR, Gabon and Equatorial Guinea) and the GOV Apply Supervisor for EAWG2. 

Duties and Accountabilities:  

The FMS will likely be based mostly in Yaoundé (Cameroon), will work on all monetary administration elements of the nation and could also be required to work on different nation portfolio of the Nation Administration Unit. Extra particularly, the FMS will: 

Perform Monetary Administration Supervision for initiatives which includes: 

• Discussing with the shopper’s monetary administration crew the present standing of undertaking implementation, and following up on the problems recognized in earlier supervision reviews;  
• Following up on observations derived from critiques of interim reviews and/or contained within the auditor’s administration letter or within the audit opinion;  
• Assessing the persevering with adequacy of the Debtors management framework over its budgeting, accounting, inner controls, funds circulate, monetary reporting and auditing techniques.  
• Making applicable suggestions, discussing these with the implementing entities, and getting ready FM Supervision Stories.  

Evaluate audited monetary statements which incorporates:  

• Assessing the standard of the work achieved by the auditors, by way of content material and type of their reviews (opinions, monetary statements, inner controls);  
• Drafting letters of feedback on audits (to be transmitted to the undertaking administration) – the letters will cowl the auditors’ findings and proposals for monetary administration enchancment. A check-list for the overview of audited monetary statements will likely be communicated to the FMS.  
• Evaluate of Interim unaudited Monetary Stories (IFRs) which embrace the evaluation of the timeliness of the report and the adequacy and high quality of the report. A check-list for the overview of IFRs will likely be communicated to the FMS.  
• In-depth critiques of particular initiatives: for particular initiatives and based mostly on the findings of earlier overview of audited monetary statements or supervision missions, the FM Swill overview a pattern of transactions and verifies a pattern of undertaking property/outputs. Particular TORs for in-depth critiques and undertaking chosen will likely be communicated to the FMS.  
• Help the FM cluster chief within the PFM reform packages, Fiduciary System Evaluation for Program for Outcomes Operations, and promote efficient reliance on nation techniques as deemed applicable, higher use of know-how for fiduciary due diligence and implementation help and streamline FM and disbursement processes.  

Choice Standards:

• The profitable candidate will likely be knowledgeable with strong operational expertise on undertaking monetary administration techniques; he/she ought to be knowledgeable accountant (CPA, CA or equal) with ideally a grasp’s diploma in accounting, enterprise, finance or economics, and a minimal of 5 years of post-qualification expertise in monetary administration. Additionally, the perfect candidates ought to have:  
• A great data of Worldwide Accounting Requirements and Worldwide Requirements on Auditing;  
• Expertise with inner audit and inner management techniques and procedures (together with familiarity with COSO), with the power to evaluate such techniques and advocate remedial motion the place essential;  
• A great understanding of the overview of monetary statements together with statements which hyperlink monetary to non-financial data;  
• Expertise in auditing, together with assessing audit competence, and to the power to investigate the impression of certified audit reviews and issues arising from administration letters.  
• Fluency in French and dealing data of English are important.  
• Willingness to journey inside Cameroon if safety situations permitted  
• The World Financial institution Group gives complete advantages, together with a retirement plan, medical, life and incapacity insurance coverage, and paid depart, together with parental depart, in addition to cheap lodging for people with disabilities. 

Supply: https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=25105&site=1

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