World Bank recruits Accounting Assistant for Chennai, India under Local Hire

World Bank jobs

Job # 101108

Job Title – Accounting Assistant

Job Family – Accounting

Location – Chennai, India

Appointment – Local Hire

Job Posted – 21-May-2010

Closing Date – 27-May-2010

Language Requirements – English [Essential]

Appointment Type

Background / General description

The International Finance Corporation (IFC), a member of the World Bank Group, is the largest multilateral source of loan and equity financing for private sector projects in the developing world. The Business Informatics Department (CBI) of IFC has off -shored its transaction processing work to Chennai on a pilot basis. The Chennai Processing Team would provide transaction cross support for the jobs assigned by IFC Washington. The transaction processing team at Chennai would interact with IFC colleagues Washington on a day -to – day basis and ensure that the transactions are processed without errors.

Note: A potential candidate has been identified and intends to apply for this position. However, this remains a competitive process and interested candidates are encouraged to apply.

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 2 year renewable term appointment.

Duties and Accountabilities

Create and maintain contracts and payment requests within the SAP framework, process all quick POs and requisition, enter and process requests for payment to vendors for all contract types (process Service entry sheets) and track procurement in purchase log (excel spreadsheet).

Duties and Responsibilities:

• Works independently on routine issues, seeking guidance on complex projects/issues from senior staff.

• Responsible for reviewing, processing and executing a variety of accounting transactions related to the Unit’s business including expense reposting transactions.

• Prepare process documentation for existing/new processes.

• Provide transaction processing support to IFC HQ units by following the established procedures.

• Perform vendor account reconciliation as and when required.

• Collect data and prepare monthly reports.

• Track contractor’s payment and report in the standard template.

• Handle additional assignments as and when provided

Selection Criteria

• An Associate degree in accounting/finance/commerce

• A minimum of two years relevant experience preferably with a multinational organization.

• Ability to process transactions, meeting turn around time service standards with high accuracy.

• 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.

• A proven track record of problem solving skills in an automated accounting environment; Experience with SAP enterprise resource planning system R3 is desirable, but not required.

• Strong communication skills to present oral and written analyses.

• Exhibit a personality that enables the incumbent to be client focused, flexible and an excellent team player. Ability to effectively work with other staff in the department and elsewhere in the Bank.

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