Finance Analyst

**Finance Analyst**

**Job #**:

- req22644**Organization**:

- World Bank**Sector**:

- Finance & Accounting**Grade**:

- GE**Term Duration**:

- 3 years 0 months**Recruitment Type**:

- Local Recruitment**Location**:

- Brasilia,Brazil**Required Language(s)**:

- English & Spanish**Preferred Language(s)**:

- Portuguese**Closing Date**:

- 5/25/2023 (MM/DD/YYYY) at 11:59pm UTC**Description**

The WBG Finance & Accounting (WFA) Vice Presidential Unit is responsible for all aspects of the financial reporting and internal control framework for the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), and the extensive Trust Fund/Partnership portfolio of these entities. WFA also leads the client shared service function for the WBG corporate expenses and WBG trust funds and ensures fiduciary responsibility for all disbursements related to Bank operations.

WBG Trust Fund and Loan Operations Department (WFATL) in the WFA Vice Presidential Unit provides several financial operation activities, notably financial services, compliance, disbursements, accounting, and analytics for IBRD/IDA loans and Trust Funds.

WFA Client Services (WFACS) is a Unit within WFATL that is devoted to providing “front end” client services and related operations to clients and is organized along business lines serving the regions and global practices. The services within WFACS’s area of responsibilities fall under three categories: regional coordination; country focal point assistance; and project-level fiduciary and portfolio management.

WFACS is seeking a proactive and highly motivated Finance Analyst (FN) to be an integral and active member of its client service team to be based in Brasilia, Brasil.

**Duties and Accountabilities**

The Finance Analyst’s primary responsibilities will include, but are not limited to the following activities:
**A) Supporting the preparation of new projects**:
1. Collaborate with Finance Officers (FOs) on fiduciary review of loan preparation documents.
2. Manage project preparation from concept note to effectiveness, as assigned by the FOs and Team Leads (TLs) for low-risk projects.

**B) Loan portfolio management**:
1. Prepare level two (level one at FO direction) loan restructuring packages and clear in the Operations (Ops) portal.
2. Provide input to FOs on Withdrawal Application Quality Risk (WAQR).
3. Provide advice during project implementation to address fiduciary and fund-flow related issues based on risk assurance framework
4. Provide loan information and analyses to assist in decision-making.
5. Provide monthly inputs on the status of disbursements and the performance of the portfolio to each Country Management Units (CMUs).
6. Monitor inactive Project Designated Accounts (DAs) and liaise with clients to ensure that DA balances are promptly documented or refunded.
7. Implement actions to ensure that loans are closed promptly on the due dates.
8. Process the logging and resolution of ineligible expenditures in the system, including following up with clients to ensure ineligible expenditures are duly refunded.
9. Manage e-disbursement account setup and the related queries from clients.
10. Update loan data in the system for information such as: Master Data Setup; category overdraw; clearance of sanctioned and debarred firms; changes to Designated Account ceilings; fulfilment of Loan Effectiveness Conditions; loan Closing Date extensions; reallocation of category amounts; etc.

**C) Transaction Processing**:
3. Review and process cancellations, refunds, adjustments, returned payments, beneficiary registration forms (BRFs); Interim Financial Reporting (IFR) advances; and the refinancing of Project Preparation Advances (PPAs).

**D) Client Capacity Building**:
1. Evaluate the results of both the reviews of transactions and the portfolio management work to identify areas where borrowers have capacity constraints and to assist in decision-making on the type of capacity-building that should be provided to clients.
3. Utilize the available online tools and experts in the Community of Expertise (COE) to build knowledge through discussion groups, posting of aide memoires, leave and mission plans, training materials and guidance notes.
4. Engage and advise external clients on the processes and procedures required in order to efficiently utilize the Client Connection platform.

**E) Client Relationship Management**:
1. Act as the country focal point for assigned countries in collaboration with the country Finance Officer (FO).
2. Collaborate with the FOs in the following components of the work program pertaining to client support and technical assistance: Country Portfolio Performance Review (CPPR); Country Partnership Strategy (CPS); Participation in project launches; and providing input to the Implementation Status Reports (ISRs).
3. Serve as a solution provider for advice to internal clients (ta