The World Bank Moldova Office is seeking to recruit a dynamic individual for a position of a Financial Management Consultant (FMC): Scope of Responsibilities: The FM Consultant will take on a lead role in the following operational tasks, working at country, sectoral and project level: - Provide a leadership role within a country focus with respect to public and corporate sector financial management. The position involves working with external counterpart officials in government and in a variety of international and professional organizations; as well as internal counterparts within and across sectors, networks and other units integral to delivery of business objectives;
- Provide key support to senior FMS in the new areas of business and operational approaches (e.g. anti-corruption, governance, new lending products), and develop strategies for harmonizing FM/disbursement approaches with other donors;
- Provide substantive technical input into policy and strategic work in the field of public and corporate sector financial management;
- Working in fiduciary diagnostic tasks, covering both the public and the corporate sectors and on this basis, provide input to Bank projects and other development initiatives in the country;
- Assess the adequacy of the financial management arrangements of Bank-financed operations. These include financial planning, organization, budgeting, policies and procedures, internal controls, internal audit, accounting, financial reporting, and external audit;
- Monitor project financial management arrangements during project implementation, to assess their continuing adequacy, including by reviewing project financial reports and financial statements, overseeing the selection and engagement of auditors, and performing other periodic on-site and off-site FM supervisions;
- Provide guidance and advice to borrowers and Bank staff on financial management matters, including capacity development in the public and corporate sectors;
- As appropriate, assess the financial and operational viability of entities implementing Bank-financed operations and advise on the design and use of financial performance covenants;
- As appropriate, provide cross support to project and country level activities (including public and corporate financial management) to other countries in ECA;
Selection Criteria: The FM Consultant should be a professional accountant (CPA, ACCA, CA or equivalent) with a Bachelors degree in accounting, business, finance or economics, and should have at least 5 years of relevant work experience in financial management, good knowledge of the country financial management legislation and practice and command English and Romanian language skills. The ideal candidates should have the following qualifications and experience: - Knowledge of International Financial Reporting Standards and International Standards on Auditing. Knowledge of current issues in FM, particularly relating to the public sector;
- Experience with internal audit and internal control systems and procedures (including familiarity with COSO), with the ability to assess such systems and recommend remedial actions where necessary;
- Strong experience in conducting fiduciary and FM diagnostics and implementing reforms in this area. Ability to understand cross-cutting issues beyond FM (e.g., procurement, governance, public sector management) at sector/country level. Demonstrated ability to integrate sector specific knowledge with broader operational strategy and policies;
- Experience in evaluating financial and project management reports and determining remedial actions to be taken by the Bank or borrower/implementing agency;
- Experience in conducting audits, assessing auditor competence, and following up on issues raised by the audits;
- Experience in financial statement analysis, their use in comparison with industry benchmarks and their application to particular circumstances;
- Knowledge in the application of accounting, auditing and financial reporting systems and software packages. Good understanding of information systems and the application of new technology;
- Demonstrated ability to function as a team leader and to work collaboratively with various client stakeholders, including country teams and colleagues, government officials, and other donors; to search for common ground and where appropriate to recommend decisive action;
- Demonstrated ability to deal with complex analytical and strategic tasks; and the interpersonal skills to work independently with client counterparts;
- Ability to communicate effectively, in writing and orally in English and to negotiate substantive and difficult issues with senior government officials. Ability to speak Russian would be an advantage;
- In-depth knowledge of World Bank operations and fiduciary requirements (including procurement) would be highly desirable.
All interested candidates should submit their applications (citing REF: FMC) in English (a cover letter stating briefly why the candidate feels he/she is qualified for this job, a CV and list of references) to: World Bank Country Office
Puskin St., 20/1, MD 2012, Chisinau.
Attn: Mrs. Diana Calugher
Phone: 200-706, Fax: 237-053.
e-mail: dcalugher@worldbank.org,
www.worldbank.org.md Deadline for CVs submission: September 26, 2008. Preference will be given to applicants interested in medium-term engagement (at least two years). Only those short-listed will be contacted. |
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