The World Bank Group

E T Consultant (Financial Management Specialist)

The World Bank Group  •  Washington, DC (Onsite)  •  2 hours ago
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Job Description

E T Consultant (Financial Management Specialist)

Job #: req39044 Organization: World Bank Sector: Financial Management Grade: EC2 Term Duration: 1 year 0 months Recruitment Type: Local Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): French, Dutch or Spanish Closing Date: 11/12/2026 (MM/DD/YYYY) at 11:59pm UTC

Description

At the World Bank, a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. For more information, visit https://www.worldbank.org/en/who-we-are/ibrd

VPU Context: The World Bank Group serves 33 client countries Latin America and the Caribbean Region (LCR). Clients range from large, rapidly growing, sophisticated middle-income clients to IDA countries, small Caribbean states, and one fragile state, and to varying degrees they face three key challenges – low productivity and growth, low quality jobs and low resilience to shocks. The region is tackling these challenges with a strong WBG approach, underpinned by selectivity and complementarity between the value added of public and private arms, and in strong partnership with relevant regional development partners.

Unit Context: The Financial Management (FM) Unit of the Governance Global Practice for Latin America and the Caribbean (ELCG1) supports the design and implementation of World Bank-financed operations; provides fiduciary assurance and implementation support; promotes appropriate use and strengthening of country systems; contributes to public financial management reform, policy dialogue, analytical work, and technical assistance; and supports improvements in public-sector accounting, auditing, financial reporting, and accountability.

The Unit seeks an Extended Term Consultant (ETC) to meet a full-time, finite-duration business need arising primarily from the fiduciary and implementation-support requirements of the Sint Maarten Reconstruction, Recovery and Resilience Trust Fund (SXM TF), together with temporary workload needs across LC3.

Duties and accountabilities:

Under Senior FMS supervision, the ETC will:

  • Assess the adequacy of FM arrangements for operations under preparation, including budgeting, accounting, internal controls, funds flow, financial reporting, staffing, audit, and disbursement arrangements, and provide timely inputs to relevant project documents.
  • Provide risk-based FM implementation support, including desk reviews and participation in missions; document supervision; update FM risk ratings and Bank systems; and follow up on agreed actions.
  • Verify compliance with FM provisions of legal agreements and applicable disbursement and financial information requirements and promptly escalate significant fiduciary issues.
  • Review interim unaudited financial reports, annual audit reports, operations manual, audit terms of reference and monitor audit findings and implementation of corrective actions, observing applicable service standards.
  • Support task teams on FM aspects of investment project financing and, where assigned, provide appropriately scoped FM inputs to development policy financing and other instruments consistent with applicable policies.
  • Design and deliver capacity-building activities, including workshops, clinics, guidance materials, and on-the-job support for counterparts and stakeholders.
  • Identify portfolio-wide and cross-cutting fiduciary issues, use data and digital tools where appropriate, and provide actionable guidance to country and sector teams.
  • Contribute to analytical work, policy dialogue, and technical assistance, applying sound judgment, confidentiality, and quality standards.

Selection Criteria

  • 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, business administration) or another related field.
  • At least 5 years of relevant professional experience (e.g. experience in financial management, auditing, PFM, fiduciary oversight, or related fields, including experience with an international financial institution, development partner, government, or externally financed operations)
  • Knowledge of risk-based fiduciary approaches, internationally recognized internal-control frameworks such as COSO, and the use of information systems, digital FM tools, or data analytics.
  • Good understanding of applicable public-sector accounting and auditing frameworks, including IPSAS issued by the IPSASB, IFRS Accounting Standards issued by the IASB, and ISSAIs issued by INTOSAI, as relevant to the assignment.
  • Familiarity with World Bank operations, policies, FM and disbursement procedures, and operational systems is highly desirable.
  • Strong analytical, client-orientation, teamwork, and integrative-thinking skills, with the ability to manage multiple assignments and deliver high-quality outputs under deadlines.
  • Excellent written and spoken English. Proficiency in French, Dutch, or Spanish would be an advantage depending on portfolio needs.

WBG Culture Attributes:

  1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
  2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
  3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.

World Bank Group Core Competencies

As per WBG policy, an Extended Term (ET) appointment is subject to a lifetime maximum of three (3) years. Former and current ET staff who have completed or are in the process of completing their third-year ET appointment are not eligible for future ET appointments.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC including our values and inspiring stories.

The World Bank Group

About The World Bank Group

The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our vision is to create a world free of poverty on a livable planet.

We are not a bank in the common sense; we are made up of two unique development institutions owned by 189 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).

Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries.

Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID).

Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Washington, DC
Year Founded
Unknown
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