World Bank recruits 01 ET Consultant -Financial Analyst
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ET Consultant -Financial Analyst
Job # : req12923 Organization : World Bank Sector : Financial Management Grade : GE Term Duration : 1 year 0 months Recruitment Type : Local Recruitment Location : Paris,France Required Language(s) : English Preferred Language(s) : French Closing Date : 9/2/2021 (MM/DD/YYYY) at 11:59pm UTC Description
Are you a passionate advocate for education? Do you want to make a difference in the lives of children in the world’s poorest countries? The Global Partnership for Education Secretariat (GPE) would like to hear from you.
Who we are
GPE is a shared commitment to ending the world’s learning crisis. It is the only global partnership and fund dedicated entirely to helping children in lower-income countries get a quality education, so they can unlock their potential and contribute to building a better world. With nearly 20 years’ experience helping partner countries to get more girls and boys in school and learning, we convene teachers, civil society, donors, United Nations agencies, development banks, businesses and philanthropists behind partner country leadership to finance and support solutions so that no child is left behind.
What we do
GPE convenes partners and mobilizes funds to help governments in 76 lower-income countries build and finance strong and sustainable education systems that deliver quality learning to more girls and boys, especially those who are marginalized by poverty, gender, disability, or displacement. GPE focuses on driving transformation at scale to get the most vulnerable girls and boys in school, improve teaching and learning, and build resilient education systems capable of withstanding shocks and adapting to new challenges. GPE’s approach achieves lasting impact by convening partners behind country leadership. We support government efforts to advance teaching and learning for the 21st century, mobilize more and better financing, and scale up proven solutions for the world’s poorest and hardest-to-reach girls and boys.
GPE recently approved a new strategy and operating model, GPE 2025, which is grounded in a “system transformation” approach and seeks to support and sustain education reforms with the potential for impact at scale. Within this framework, it was agreed to work with developing country partners to catalyze progress in four system transformation enabling factors: Equity, efficiency, and the volume of domestic financing of education; Gender responsive sector planning, policy, and monitoring; Use of data and evidence; and Sector coordination.
Raise Your Hand
GPE is currently calling on world leaders to “Raise Your Hand” and pledge at least US$5 billion to help GPE transform education in up to 87 countries, which are home to more than 1 billion children. Over the next five years, this funding will help ensure that 175 million children can learn and enroll 88 million more children in school. In the longer term, this investment could add $164 billion to economies in the developing world, lift 18 million people out of poverty, and protect two million girls from early marriage.
With over 100 staff, the GPE secretariat is hosted by the World Bank and has headquarters in Washington D.C and Paris plus an office in Brussels. The selected candidate will be based in the Paris, France office. This is an international recruitment subject to compensation on the local pay scale for the selected duty station, and global mobility benefits may apply as per World Bank Group policy.
Duties and Accountabilities
Under the direction of the Financial Officer, the ET Consultant -Financial Analyst will
• Support the development and maintenance of GPE’s grant finance information and analyze trust fund related financial information.
• Support the reconciliation of GPE Finance Information with information maintained by the Trustee of the Global Partnership for Education for review by the Financial Officer.
• Conduct financial analysis of the grant portfolio to support the financial forecast, annual portfolio review, quarterly financial reports, web reports, cash flow analysis for investment purposes, financial policy development and any other corporate deliverable as directed by the Financial Officer.
• As directed by the Financial Officer, respond to routine requests for financial information from internal and external stakeholders. This includes monthly donor reporting and replenishment tracking.
• To support the duties above, the incumbent may need to liaise with internal Secretariat staff throughout the organization, and with external stakeholders, including representatives of the Governance bodies, GPE Donors, Trustee, and Grant Agents.
• Other ad hoc tasks as required
• Minimum of a bachelor’s degree in a finance related discipline and at least two years of relevant work experience . (CPA, CFA or equivalent full or partial accreditation is an advantage)
• Demonstrated knowledge and understanding of the financial aspects of GPE’s or other global partnership’s or development agency’s operating model
• Strong financial analytical skills
• Excellent MS Excel and MS Word skills
• Experience with Enterprise Resource Planning Systems (ability to navigate SAP an advantage)
• Excellent communication skills, especially presentation of financial information, and the ability to write clearly, concisely and quickly
• Commitment to teamwork and knowledge sharing in a multicultural environment
• Proficiency in English is required, and good understanding of French is desired
• Trust Funds – Demonstrates working knowledge of trust fund operations sufficient to provide research and analysis in support to fund strategy development and management decisions.
• Financial Transactions Processes & Systems – Can monitor the funding and uses positions of trust funds in order for the Global Partnership for Education to take corrective actions to cover funding gaps and/or invest surplus funds (where applicable).
• Financial Risk Analysis & Modeling – Demonstrates basic familiarity with financial models.
• Client Orientation – Takes personal responsibility and accountability for timely response to client queries, requests or needs, working to remove obstacles that may impede execution or overall success.
• Drive for Results – Takes personal ownership and accountability to meet deadlines and achieve agreed-upon results, and has the personal organization to do so.
• Teamwork (Collaboration) and Inclusion – Collaborates with other team members and contributes productively to the team’s work and output, demonstrating respect for
different points of view.
• Knowledge, Learning and Communication – Actively seeks knowledge needed to complete assignments and shares knowledge with others, communicating and presenting information in a clear and organized manner.
• Business Judgment and Analytical Decision Making – Analyzes facts and data to support sound, logical decisions regarding own and others’ work.
Staff appointments include, but are not limited to, medical benefits, including dental and vision, Staff Retirement Plan, financial assistance program, life & disability insurance, comprehensive leave policy (minimum 26 days/annum) and parental leave policy (50-100 days).
Poverty has no borders. Neither does excellence. This is why we continually search for qualified individuals with a diverse set of backgrounds from around the globe. Individuals from minority groups, indigenous groups, and persons with disabilities, as well as nationals from under-represented regions are equally encouraged to apply. 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, creed, race, color, ethnicity, sexual orientation, or disability.
GPE has a zero-tolerance policy against all forms of sexual exploitation, abuse and harassment in line with its PSEAH policy.
Individuals with disabilities may be provided reasonable accommodations to perform essential functions of the role and support in receiving other workplace accommodations. Please contact the DAF-Disability Accommodation Fund at [email protected] for further information and support.
World Bank Group Core Competencies
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.
Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.