Do you want to build a career that is truly worthwhile? Working at the World Bank Group (WBG) provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, boost prosperity on a livable planet, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org.

ECA Governance Program Context

The Governance Practice helps client countries build capable, efficient, open, inclusive, and accountable institutions. Countries with strong institutions prosper by creating an environment that facilitates sustainable growth, reduces poverty, delivers valuable services, and earns the confidence of its citizens.

The ECA Governance Program has the following business-lines:

• Domestic Resource Mobilization
• Public Financial Management
• Corporate Governance
• Center of Government
• Skills and Staffing
• Integrity Institutions
• Public Services
• Subnational Governance
• Justice
• Fiduciary Assurance

Governance Practice engagements include diagnostics, technical assistance, and advisory services; learning, innovation, and knowledge management; preparation of financing operations and provision of project implementation support, monitoring and reporting. An important part of the Governance Practice’s responsibilities is to deliver operational support to other Practices, including through inputs for policy-based operations, hands-on implementation advice, and direct fiduciary due diligence of investment financing.

Center for Financial and Sustainability Reporting Reform

The mission of the Center for Financial and Sustainability Reporting Reform (CFSRR) is to “Build strong institutional frameworks and develop capacity in financial and sustainability reporting to support private and financial sector development, public sector performance and accountability, sustainable growth, and shared prosperity on a livable planet.” CFSRR provides advisory services, undertakes diagnostics and analytical work, manages peer learning networks and delivers training across six business lines:

• Corporate Financial Reporting
• Sustainability Reporting
• Monitoring and Enforcement
• Capacity Building Institutions
• State-Owned Enterprises Governance
• Public Sector Accounting and Audit

CFSRR focuses its support on selected countries in the World Bank’s European and Central Asia region: Albania, Armenia, Azerbaijan, Bosnia and Herzegovina, Georgia, Kosovo, Moldova, Montenegro, North Macedonia, Serbia, and Ukraine. CFSRR will gradually expand to include Central Asian countries.

Duties and Accountabilities

The successful candidate will have:

• A professional accountancy qualification and membership (CPA, CA, ACCA or equivalent membership of an internationally recognized professional accountancy body).
• A Master’s degree or Ph.D. in a relevant field such as accounting, finance, business administration, economics, or public policy.
• At least six years of relevant professional experience in corporate governance and corporate financial reporting policy and institutional development. Experience working on the state-owned enterprise governance policies would be an advantage.
• In depth knowledge of international and regional accounting/financial reporting, audit, and sustainability reporting standards and the challenges of application of these standards in ECA client countries.
• In depth knowledge in relevant provisions of EU acquis in the areas of accounting, financial reporting, auditing, and public oversight.
• Strong and integrative thinking skills with the ability to put corporate financial reporting and corporate governance in the context of the World Bank Group’s broader sustainable development agenda.
• Track record of intellectual leadership on accounting, auditing, financial and sustainability reporting reforms in the context World Bank operations and regional forums.
• Demonstrated ability to lead policy and technical dialogue with high level officials in government and international organizations.
• Strong team management, client orientation, and interpersonal and with demonstrated ability to work with a diverse team.
• Familiarity with World Bank operational and administrative procedures is an advantage.
• Strong written and verbal communication skills in English, ability to work in Russian preferred.