Le Groupe de la Banque mondiale recrute un Spécialiste principal en gestion financière, Djibouti
Description
Do you want to build a career that is truly worthwhile? Working at the World Bank provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank consists of two entities – the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). It is a global development cooperative owned by 189 member countries. As the largest development bank in the world, the World Bank provides loans, guarantees, risk management products, and advisory services to middle-income and creditworthy low-income countries, and coordinates responses to regional and global challenges. Visit www.worldbank.org.
Equitable Growth, Finance and Institutions
The Equitable Growth, Finance and Institutions (EFI) Practice Group provides support to low- and middle-income countries to build the economic and institutional foundations for inclusive and sustainable growth and, thereby, make progress towards achieving the World Bank Group’s twin goals of reducing poverty and boosting shared prosperity! The EFI Practice Group includes the WBG Global Practices of Finance Competitiveness and Innovation (FCI); Governance (GOV), Macroeconomics Trade and Investment (MTI); and Poverty and Equity (POV).
Position Context
The Middle East and North Africa (MENA) Region includes twenty-one countries of which three are IDA countries (Djibouti, Syria, and Yemen) while eight are high-income non-borrowing countries among the oil-exporters, particularly in the Gulf. The remaining countries are IBRD borrowing eligible. The region faces challenges, not least ongoing political turmoil and ongoing conflicts, high youth unemployment, severe water scarcity, high energy subsidy, and human and social development outcomes that have been below those achieved by countries at similar levels of income. These challenges have been recently compounded by the health, social and economic impact of the COVID-19 Pandemic. The social contract in the countries of the region is often described as broken and unsustainable!
The WBG’s engagement in governance in MENA Region is anchored in an ambitious strategy with a focus on four pillars – “the 4 R’s” – Renewing the social contract; Regional cooperation; Resilience to migration shocks; and Reconstruction and recovery. In parallel with the focus on immediate needs, we are helping countries develop new models for sustainable and inclusive growth in a dynamic and increasingly knowledge-based global economy. In 2019, we expanded the focus of the MENA regional strategy to include improving human capital outcomes, leveraging digital technologies, and opening-up business environments for the private sector to compete in a free and fair market. For more information, please go to: https://www.worldbank.org/en/region/mena/
The Governance Unit (EMNGU) is implementing the regional strategy through fiduciary assurance of the Banks portfolio and the following key work streams: Justice Sector Reform, GovTech, Economic Governance, SOE reform, civil service management and organization, and strengthening development impact and risk mitigation through understanding the political economy. Themes such as climate change; transparency, accountability, and participation (TAP); anti-corruption; and gender are mainstreamed throughout the work streams.
The World Bank portfolio in Djibouti’s is dynamic and has grown significantly in recent years from 8 to 26 projects with 21 active projects, and 5 projects in the pipeline. Active projects and the pipeline cover various sectors including health, education, infrastructure and urban among others. The government fiduciary capacity is limited and the fiduciary risk profile for most projects is either High or Substantial. The key priority is to support the government in strengthening the country’s financial management capacity to mitigate the risk to achieve projects’ development objectives while paving the way to gradual use of the country’s FM system.
We are also supporting the government’s reform agenda where governance and institutional reform are key enablers. We are working with the Djibouti Government on strengthening achievement of development objectives through GovTech, SOE reform and Public Financial Management, currently anchored in an investment lending operation closing in October 2023, to be succeeded by a follow-on investment lending operation scheduled for Board in Q1 of FY24. More information about the two operations is available here and here. A major task and priority for our new colleague will be to facilitate the respective closure and implementation of these operations. Other key engagements include reforms of State-Owned Enterprises. The job may involve leading and contributing to other teams in the MENA region.
Duties and Accountabilities
The Senior Financial Management Specialist will be responsible for fiduciary assurance in operations and intellectual leadership in Djibouti in the key work streams mentioned above in collaboration with colleagues in EMNGU and other Global Practices. She or he will have deep expertise in fiduciary assurance an ideally also in public financial management.
The Senior Financial Management Specialist is expected to:
- Assess the adequacy of the Borrower’s project financial management systems and their ability to manage and monitor World Bank financed projects
- Monitor project financial management arrangements during project implementation, to assess their continuing adequacy, including by reviewing project financial reports and financial statements, overseeing the selection and engagement of auditors, and performing other periodic checks
- Provide advice and support to the borrower and the Bank Task Teams on matters affecting financial management
- Provide FM Quality Assurance support
- Supporting the Practice Manager in work program discussions and monitoring of deliverables on fiduciary assurance
- Provide substantive technical input into policy and strategic work in the field of FM – e.g. providing inputs to the SCD/CPF and for high visibility, politically sensitive projects
- Contribute to the development and implementation of approaches to make greater use of country systems for Bank-assisted operations
- Nurture and develop relationships and trust with Djibouti counterparts
- Develop, lead, and support the governance lending operation in Djibouti
- Lead and support agenda setting and advocacy with clients, country stakeholders, and internally in the WBG through blogs, events, and maintaining a social media presence
- Provide inputs to the Regional Director, Country Director, and Practice Manager on the strategic direction and integration of topics in Djibouti
- Maintain excellent relationships and networks with clients in Djibouti, and with external partners
- Working with other colleagues, playing a leadership role in carrying out diagnostic work in public financial management, formulating policy recommendations, and supporting country authorities to implement reforms
- Provide guidance and advice to the borrower and Bank staff, and play a leading role with respect to the public sector financial management capacity building, including budgeting, internal controls, accounting and financial reporting, IFMIS, cash management, and audit
Selection Criteria
- Master’s or Ph.D. (preferred) degree in Public Administration, Economics, Accounting, or a related field with demonstrated ability, CPA or ACCA.
- Consistent record to identify client needs and operationalize these into operational lending engagements.
- Outstanding technical and operational skills as evidenced by a track record of delivery of operations. Prior World Bank experience is not required. Knowledge and experience relevant to results-based financing and investment lending and operations will be an advantage.
- Outstanding analytical skills demonstrated through task leadership of major sector/economic reports and other analytical published work.
- Strong integrative capacities: i.e., the ability to situate public sector governance and institutional strengthening activities within a coherent strategic framework and economic development narrative.
- Strong communication skills, including the ability to speak persuasively and present ideas clearly and concisely. Demonstrated efficiency in conducting policy dialogue on issues with senior government officials, the private sector, donor representatives, and civil society.
- Ability to prioritize numerous opposing demands and priorities, respond quickly to country and management requests and set priorities for self and others.
- Knowledge of International Reporting Standards (IFRS) and International Standards on Audit (ISA). Knowledge of International Public Sector Accounting Standards (IPSAS) and the International Standards of Supreme Audit Institutions (ISSAI) would be an added advantage.
- Experience in designing and assessing internal control systems using internationally accepted control frameworks such as COSO.
- Experience in evaluating financial management systems (including budgeting, accounting, cash management, internal audit, external audit and financial reporting systems).
- Demonstrated knowledge to undertake PFM diagnostics.
- Understanding of public sector budget formulation and execution processes, including treasury and cash management.
- Excellent knowledge of English and French (required).
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.
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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