The Financial Management (FM) unit of the GGP in LCR has the following key functions: carrying out high quality financial management services (i.e. project preparation and implementation support) in Bank-financed operations and advancing the use of country Public Financial Management (PFM) systems to enhance development effectiveness; supporting partner countries in enhancing their PFM performance and capacity, working collaboratively with other Global Practices (GPs) and regional and corporate Bank units; and supporting partner countries in developing their professional accountancy institutions, and corporate financial reporting performance (including accounting and auditing standards).
The Unit is looking for a Senior Financial Management Specialist (FMS) based in Buenos Aires, Argentina to work with LC7 countries (Argentina, Paraguay and Uruguay). The Senior FMS will be part of the regional GGP staff and will report to the Practice Manager of the Unit.
Duties and Accountability:
The Senior FMS will work on all financial management (FM) aspects of the Bank’s operations in LC7 countries, and as required by the Practice Manager. This will include:
Assessing the adequacy of project financial management arrangements;
Providing implementation support and supervising projects;
Ensuring compliance with the Bank’s audit and other FM requirements;
Ensuring that the project operations are carried out in accordance with sound financial management practices;
Performing analytical work on financial management and accountability issues;
Carrying out capacity building activities as part of the Governance team; and
Contributing to corporate tasks such as the preparation of country briefs, policy and thematic notes, and regional, Global Practice, and corporate knowledge products.
The Senior FMS is expected to take a proactive role in providing advice and support to clients and for the adoption and use of agile and innovative approaches to strengthening fiduciary assurance over the use of funds.
The Senior FMS is expected to undertake an active role, and when applicable, lead initiatives on:
supporting partner countries in enhancing their PFM performance capacity, including FM information systems integration, treasury and accounting reforms, performance budgeting, and fiscal transparency, working collaboratively with other Bank units;
Public Institutions, supporting partner countries in developing their professional accountancy institutions, and in strengthening corporate financial reporting performance (including accounting and auditing standards); and
Supporting Supreme Audit Institutions as part of the Bank’s Transparency, Accountability and Good Governance efforts to improve the quality and transparency of fiscal and financial information, strengthen accountability, and increase collaboration between governments, the private sector and civil society.
The selected candidate will work with designated country teams, which includes Task Team Leaders, and other technical specialists, and Administrative and Client Service (ACS) staff. The selected candidate will be required to undertake frequent travel within the LC7 countries.
Selection Criteria:
A highly motivated and passionate senior financial management specialist with strong client orientation, interpersonal and integrative thinking skills;
A qualified professional accountant (CPA, CA, ACCA or equivalent membership of an internationally recognized professional accountancy body);
A Master’s degree in a relevant field (e.g., accounting, public financial management, finance, public policy) or another related field;
At least 8 years of relevant professional experience;
Relevant professional experience in public sector financial management and PFM analytical work, including in treasury management, budget execution, internal controls, public sector accounting and fiscal reporting, and the audit of public finances;
Financial Management knowledge of and experience in public sector operations;
Experience in project management, including leading, coordinating and exercising quality control functions over other staff and consultants as relevant;
Strong written and verbal communication skills in English and Spanish are required.
