Financial Analyst

• Job #130026
• Job TitleFinancial Analyst
• Job FamilyFinancial Management
• Job TypeProfessional & Technical
• GradeGE
• LocationChennai, India
• Recruitment TypeLocal Hire
• Language RequirementEnglish [Essential]
• Closing Date14-Jan-2013

Background / General description:
The Financial Reporting and Analysis Division, within the Controller’s Vice Presidency, is responsible for : (i) statutory financial reporting including advising and liaising with decentralized accounting business units (ii) management reporting and analysis, including developing benchmarks and monitoring performance (iii) evaluating relevant accounting pronouncements for application to the Bank's financial statements in consultation with the accounting policy advisor (iv) providing assurance on the accuracy and integrity of the Bank’s financial ledgers and financial information, (v) capital accounting function, and (v) liaising with the external auditors and the Audit Committee. Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 5 year term appointment.
Duties and Accountabilities:
Generally encompass core areas: Capital Business processing, financial analysis, financial reporting, and operational risk. Participate in multiple teams with duties in all areas. Financial Analyst will participate in teams responsible for :  Analyzing financial results and balances for reasonableness;  Preparing internal and external financial reports for IBRD and IDA as part of the HQ business unit teams;  Maintaining the capital accounts for IBRD; Duties also include participation on Finance Complex projects and preparation of ad-hoc financial analysis for senior management. Examples of specific accountabilities: 1. Prepare defined portions of a variety of the internal and external financial reporting and analysis products, such as the Monthly Financial Report, Annual Financial Report, Quarterly and Annual Financial Statements and Management Discussion and Analysis, Information Statements, and the Financial Management Information System (FMIS). 2. Develop and run computer assisted financial models which project income for IBRD and IDA. 3. Develop and apply computer assisted analytical methodologies to test and explain changes in financial trends and results, including validating the monthly trial balance. 4. Liaise with various decentralized accounting units which have co-located to Chennai.
Selection Criteria:
1. Chartered Accountant, or equivalent professional degree required. Bachelors degree in a related field, advanced degree will be a plus. 2. 3 or more years of relevant experience required. 3. Strong knowledge of financial instruments and financial markets. 4. Strong verbal and written communications skills. 5. Full proficiency in Microsoft Windows applications, namely Excel, Word and Power Point. Demonstrated ability to learn new technology quickly and effectively use it for maximum productivity. Knowledge of SAP will be an advantage. 6. Excellent analytical skills. The ability to develop and apply methodologies to test and explain changes in financial trends and results using computer assisted techniques.

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