Finance Analyst

Job #:req33616Organization:World BankSector:Finance & AccountingGrade:GETerm Duration:3 years 0 monthsRecruitment Type:Local RecruitmentLocation:Addis Ababa,EthiopiaRequired Language(s):EnglishPreferred Language(s):EnglishClosing Date:7/10/2025 (MM/DD/YYYY) at 11:59pm UTC

Description

Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending poverty on a livable planet. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org.

Vice-Presidency Context

The Budget, Performance Review, and Strategic Planning Vice Presidency (BPS) is organized into four departments under a Vice President: (1) BPS Corporate Units (BPSCU) – supporting Institutional, Governance and Administrative Units, Capital Budget and providing BPS systems, knowledge, data governance and the service center; (2) BPS Operations Units (BPSOU) – supporting Practice Groups and Regions (3) BPS Strategic Planning (BPSSP) – supporting the corporate strategic business and budget planning process; and (4) BPS Corporate Procurement (BPSCP) with teams responsible for coordinating and overseeing the sourcing strategy, selection, contract execution, and vendor management across the globe.

BPS’ service delivery model has three core roles: (1) Business Partners (serving clients directly with focus on decision support and performance oversight); (2) Centers of Expertise (providing thought leadership and analytics, designing business finance policies, practices and systems, and coordinating knowledge management); and (3) Service Center (managing delivery of high volume and transactional and reporting services across Bank, including help desk support to clients).

Hiring Unit Context:

BPS is now seeking to fill the position of recruiting a Finance Analyst for the following unit(s):

BPSAF-Sitting within BPSOU, the East Africa (BPSAE) unit of the Africa Region (BPSAF) is responsible for business planning, budgeting, work programming, deliverables reporting, and financial reporting for all the departments in The World Bank Eastern and Southern Africa Region. In addition, BPSAE staff perform accounting, payment processing, cash management, and administration functions in country offices. Overall, BPSAE ensures that each department maintains cost efficiency and 2 adequate controls over all financial transactions and supports effective management and monitoring of deliverables.

Duties and Responsibilities.

The Finance Analyst supports budget activities by preparing budgets, producing reports, and performing budget analysis. They maintain policies and controls, contribute to budget planning, and foster positive relationships with internal and external stakeholders. In CO, the finance Analyst is also responsible for managing the financial and accounting aspects of the organization, including establishing and enforcing accounting policies, preparing financial reports, conducting analyses, interpreting reports and tax returns, and maintaining good corporate relations. With a strong understanding of fundamental concepts and practices, they provide analytical support to senior professionals, ensuring accurate records while assuming limited accountability.

The selected candidate is expected to be an excellent team player, comfortable working with large datasets, preferably with data modeling skills, a finance, accounting, or economics background/experience with strong analytical skills, and knowledge in one or more of the key functional areas that BPS supports.

As with all other BPS staff, Finance Analysts are expected to be fungible and able to work across different assignments over time, depending on business needs and professional development objectives.

Note that additional GE vacancies from across the VPU may be added to this requisition should the business need arise in the short term. All qualified, eligible, and interested parties are encouraged to apply.

Job Requirements

• Minimum Education consisting of a bachelor’s degree in accounting, Business, Finance, Management, or other relevant discipline required to fulfill position-specific requirements (e.g., Economics, Public Administration, Information Systems, etc.) OR Non‐Finance Bachelor’s Degree plus one of the following: (1) CIMA Advanced Diploma in Management Accounting; or (2) ACCA Advanced Diploma in Accounting and Business; or (3) equivalent accounting certificate

• Minimum of two years of relevant experience in a comparable accounting or finance-oriented role

•  Advanced working knowledge of budget/finance systems and reports, particularly SAP, Power BI, BW/AO, and BPC, and/or demonstrated experience with major financial/budget management systems.

• Track record of supporting business decision making by providing relevant analytics, using statistical and AI/ML methods, and visualization solutions

•  Excellent communication skills (written and oral) and people oriented

•  Knowledge of external funds policies and procedures is desirable

•  Experience with relevant business areas in and outside the bank will be helpful

•  Experience with requirements gathering and business analysis, applying critical thinking to analyze complex problems, and pursuing efficiency improvements independently

• Experience with data management/modeling; process analysis, design, and automation
  Proficiency in Finance Analyst competencies (listed below): BPS’s competency framework defines the essential skillsets for VPU staff. In addition to core technical competencies, applicants should also be proficient in Business, Digital, People, and Leadership skills. For more details, please click here.

• BPS Competency Framework_final_March2025.

Technical Competencies:

• Cost and Financial Accounting: Understand and describe the main elements of financial statements and reports, review the accuracy and legitimacy of recorded financial transactions and related reports, and lead planning processes, including setting targets, communicating assumptions, coordinating budget preparation, challenging submissions, and seeking synergies upon consolidation.

Evaluation, Reporting and Financial Analysis:

• Deliver high-quality management information, develop and implement reporting systems for management, project, or performance reporting, interpret management reports and identify business variances.
  Business Planning: Lead planning processes, including setting targets, communicating assumptions, coordinating, budget preparation, challenging submissions and seeking synergies upon consolidation.

Risk Management and Internal Controls:

• Develop innovative approaches to managing significant business risks effectively and efficiently, lead implementation, execution, and monitoring activities, significantly improve and monitor risk-based system of financial control; develop solutions for the effectiveness of existing controls to manage the business risks.

The World Bank Group Core Competencie

• Deliver Results for Clients – delivers results on complex issues, sets challenging goals aligned with the World Bank Group’s mission, understands clients’ challenges, and contributes to solutions. They take personal responsibility for high-quality work, identify and inform of risks, and deliver results for clients.

• Collaborate Within Teams and Across Boundaries: collaborates within the team and across boundaries, keeps others informed for integration and consistency, approaches conflicts as common problems, seeks and listens to input from others, and frames actions with a WBG corporate perspective in mind.

• Lead and Innovate: brings new insights, applies critical thinking to improve current approaches, tries new solutions, considers their behavior in the context of WBG’s values and mission, and operates effectively in ambiguity and changing needs.

• Create, Apply and Share Knowledge: applies WBG’s knowledge for client solutions, contributes to the department’s knowledge, invests in their learning, seeks feedback, and builds networks within and beyond the work group.

• Make Smart Decisions: Leverages data to make timely decisions, analyzes facts and past experiences for sound decisions, applies cost/benefit analysis, provides relevant risk analysis, and shows initiative in making timely decisions within their area of responsibility.

How to Apply

WBG Culture Attributes:

1.  Sense of Urgency – Anticipating and quickly reacting to the needs of internal and external stakeholders.

2. Thoughtful Risk Taking – Taking informed and thoughtful risks and making courageous decisions to push boundaries for greater impact.

3.  Empowerment and Accountability – Engaging with others in an empowered and accountable manner for impactful results.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

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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.

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