World Bank Kenya Country Office Financial Management Specialist

The World Bank Kenya Country Office is looking for a highly organized and a seasoned professional, capable of operating effectively in a very demanding fast-paced environment to serve as Financial Management Specialist (FMS).

This is a two (2) Year Term Appointment (subject to renewal on performance and business need).

The FMS will report to the Regional Manager for Financial Management (RMFM) and will be part of the
regional financial management team.

S/he will perform the full range of duties with minimal supervision and works independently on complex problems in meeting work-program targets (operational financial management for project preparation and supervision; fiduciary oversight; capacity-building and country-based fiduciary and development tasks), assuring adequate quality, relevance and timeliness of inputs/outputs.

The specific duties and responsibilities of the FMS will be agreed with the Manager and will include:

(i) providing substantive technical input into policy and strategic work in the field of Financial Management;

(ii) assessing the adequacy of the Borrower’s project financial management systems and their ability to manage and monitor World Bank financed projects;

(iii) develop strategies for harmonizing FM/disbursement approaches with other donors, playing a leading role in departmental or institutional task forces on developing and implementing policies and practices, fiduciary safeguards and the efficiency and effectiveness of business processes;

(iv) carry out supervision work to ensure that projects financial management systems are functioning appropriately, including the periodic review of project financial management reports for financial performance with special attention to value for money issues; ensuring compliance with the Bank’s audit and other fiduciary requirements;

(v) ensuring that the project operations are carried out in accordance with sound financial management practices, performing analytical work on financial management and accountability issues in support of building client capacity.

Full details on the scope of responsibilities for this position are available at www.worldbank.org/careers.

(i) The successful candidates should hold a Bachelors degree in a related subject plus membership of a professional accounting institute (CPA, CA or equivalent), with a minimum of 5 years of post-qualification experience.

Given the strong public sector focus of this position, an Advanced Degree in a relevant discipline (e.g. Public Sector Finance, etc.), with relevant professional public sector experience is desirable.

(ii) Knowledge of International Accounting Standards and International Standards on Auditing plus knowledge of current issues in FM, particularly relating to the public sector.

(iii) Strong experience in conducting fiduciary and PFM diagnostic and implementing reforms in this area and ability to understand cross-cutting issues beyond FM/disbursement (e.g., procurement, governance, public sector management) at sector/country level.

(iv) Experience in advising clients on the design and implementation of FM systems, including financial and management reports. Proven ability to conceptualize, design and implement FM capacity building initiatives.

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