The CNTLO-EC work program involves significant interdependencies and requires close coordination between units within Controller such as Investment Accounting, Financial Reporting, Portfolio Review, Accounting Policy, Treasury Support and Internal Controls, and our other business partners, e.g., Investment Departments, Syndication, Treasury, Risk, Valuation, Portfolio Management, Legal, etc.
Under the immediate supervision of a Supervisor in the Loan and Equity Operations units, this position is responsible for:
• Working closely with assigned business partners to ensure timely and accurate processing of debt and equity transactions across the lifecycle of the IFC investment (i.e., commitment, disbursement, servicing, and closing)
• Process and monitor transaction processing, perform reconciliation, and resolve issues in support of the unit operational activities, and in accordance with policies and procedures.
• Liaise with Investment Officers and downstream business partners (Portfolio Management, Accounting, Valuation, Risk, Treasury) to ensure projects are booked and processed accurately, and unique reporting requirements are met. Respond to inquiries from internal/external staff and clients.
• Coordinate with CNTLO-EC business partners to plan, execute, and monitor the operational implementation of new products, initiatives, and IT projects.
• Identify opportunities for improvements in current processes and support efforts to enhance controls.
• Expected to have adequate accounting knowledge for loan/equity/guarantee investments and strong interpersonal skills.
• Provide operational support on accounting transactions and accounting schemas to ensure integrity of reporting in Financial Statements.
• Ensuring that technical accounting conclusions by the Investment Accounting unit for complex investment modification transactions are recorded accurately in the Loan system.
• Continually look for opportunities to improve processes and internal controls.
• Supporting the Team Lead in implementing and maintaining processes to identify, measure, monitor, mitigate, and report operational risk within the Loan and Equity team.
• Working independently under the general direction of the Team Lead.
Selection Criteria
• Bachelor(s) degree in Accounting, Finance, or a related field. Master’s degree, CPA, CFA, or equivalent is advantageous.
• At least 3 years of relevant experience in accounting and pertaining to international financial instruments, loans and equity transactions, or equivalent combination of education and experience. Private sector and/or IFC experience a plus.
• Working knowledge of one or more complex, highly integrated accounting systems, and financial reporting tools.
• Understanding of accounting concepts and knowledge of IFC’s Financial Products, a plus.
• Applied knowledge of operational risk characteristics including reporting and Key Risk Indicators (KRIs).
• Demonstrated high level of initiative, self-confidence, and a self-starter.
• Diplomacy and strong interpersonal skills; commitment to work in a team-oriented, multi-cultural environment; detail oriented.
• Proven capacity to multi-task, deliver results and respond quickly and effectively to requests. Ability and desire to meet tight deadlines.
• Ability to assist the development of IT projects, identify opportunities for automation and propose the right and sustainable solutions to improve operational efficiency.
• Excellent verbal and written communication and presentation skills.
