Finance Officer
- Washington, DC, United States
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Job details
- Apply by
- Experience
- Master’s degree in Accounting, Business, Finance, Management or another relevant discipline with 8-12 years of experience; professional accreditation is a plus.
- Posting language
- English
- Posted
Original job description
Finance Officer
Job #:
req39385
Organization:
IFC
Sector:
Finance & Accounting
Grade:
GG
Term Duration: Open-Ended Staff (OPEN-OP)
Recruitment Type:
International Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
Closing Date:
11/17/2026 (MM/DD/YYYY) at 11:59pm UTC
Description At the International Finance Corporation (IFC), a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. In fiscal year 2026, IFC committed a record $105.6 billion to private companies and financial institutions in developing countries. For more information, visit www.ifc.org.
IFC’s Strategic Initiatives & Resources Department (CSR) is part of the Strategy & Operations Support Vice Presidency (COSVP) and is a constituent of the broader WBG Budget & Procurement organization (WBPVP). CSR is responsible for IFC and MIGA’s business planning, budgeting, investment and advisory support, reporting and analytics, administration, procurement, facilities management, and global security, among other core administrative functions. The department plays a key role in connecting organizational priorities and delivering insight and consistency across IFC and MIGA’s resource management. CSR comprises of four budget divisions, including CSRRM, which is focused on supporting both IFC HQ-based client VPUs and the IFC Management Team with strategic and operational leadership in financial planning and budgeting, resource allocation, optimized utilization and management as well as financial analytics and advice. CSRRM also plays central role as focal point to WBP COEs in the implementation of WBP reforms and initiatives.
IFC’s Strategic Initiatives & Resources Department (CSR) is part of the Strategy & Operations Support Vice Presidency (COSVP) and is also part of the broader WBG Budget & Procurement organization (WBPVP).
CSRRM supports both IFC HQ-based client VPUs and the IFC Management Team with strategic and operational leadership in financial planning and budgeting, resource allocation, optimized utilization and management as well as financial analytics and advice.
CSRRM is looking to recruit a highly motivated and proactive Finance Officer with outstanding financial and budgeting, proven data analytics and data visualization skills, with strong capacity for creative and investigative thinking and solutions formulation and demonstrated client orientation.
Duties and accountabilities:
- Serve as trusted budget adviser to the CIT director and management team, building strategic client relationships and coordinating collaborative planning workshops; communicate and defend positions on complex budget issues, orally and in writing.
- Lead the annual planning and budget cycle, including bi-annual forecasts, interpreting benchmarks, trends and results to support resource allocation decisions across all sources of funds (CIT administrative, managed overheads, project admin and cloud), with documented assumptions and variance explanations; prepare CIT AIP capital budget submissions with the CIT PMO.
- Define complex, cross-functional budget questions (e.g., cloud funding, depreciation trajectory, WBG cost-sharing) and independently build robust models; run multi-scenario and stress-test analyses on capital, depreciation and administrative budgets and recommend prioritized mitigations to management.
- Analyze depreciation, chargeback and cost-allocation data to inform business decisions and act on inefficiencies; deliver the monthly and quarterly reporting package on time, reviewing the accuracy and legitimacy of recorded transactions, and turn fragmented financial data into clear reports for leadership.
- Review Lean Business Cases for fund usage, deliverables and depreciation impact, and participate in Fiduciary Review; oversee IT project lifecycles from budget load to closure; review IT procurement affordability and source-of-funds alignment; own IFC depreciation assumptions and the WBG depreciation cost-sharing analysis; lead asset and PC write-off exercises.
- Maintain internal controls across both portfolios, including Controller's Quality Assurance reviews, SAP roles reviews and mid/year-end reorganizations; coordinate audit requests, monitor staff time allocation by source of funds, coordinate year-end accruals, and flag financial risks and opportunities with clear recommendations to management.
- Optimize processes through report simplification, automation, capital budget dashboards and AI-enabled tools; own One WBG integration change tasks; oversee stakeholder engagement plans across IFC, ITS, WBP, Controllers and the WBP Chennai team; coach a small team, evaluate its development, and maintain backup and cross-training arrangements.
Selection Criteria
- Master’s degree in Accounting, Business, Finance, Management or another relevant discipline with 8-12 years of experience; professional accreditation is a plus.
- Excellent knowledge of accounting theory, concepts and principles, financial accounting reporting, cost allocations and internal controls, with a strong understanding of the linkages between finance and budget processes.
- Demonstrated, strong experience in capital budgeting, depreciation and IT investment governance.
- Excellent data mining, advanced analytical and problem-solving skills, with the ability to distill, integrate and synthesize complex information into clear, concise and strategically relevant recommendations.
- Strong knowledge of SAP processes, transactions and reports; experience in planning systems such as BPC; advanced Excel, AO and Power BI skills.
- Strong written and oral communication skills; ability to coordinate multiple stakeholders, respond quickly and flexibly, learn new topics fast and multi-task; excellent interpersonal and teamwork skills in a fast-paced, internationally diverse environment; ability to develop innovative solutions and challenge the “status quo”.
- Proficiency in Technical and Business skills as defined in the WBP Skills Framework, which sets the essential skill sets for VPU staff.
- Ability to use commercially available LLM tools like Claude, ChatGPT, and Copilot for research, analysis, and drafting in Advisory Services, validate outputs against primary sources, and remain accountable for recommendations.
Note: This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.
As the World Bank Group continues to evolve, we value candidates who:
- Demonstrate the ability to collaborate effectively across teams, disciplines, cultures, and institutional boundaries.
- Responsibly leverage digital and AI-enabled tools to enhance productivity, learning, and decision-making.
- Bring experience working in fragile, conflict-affected, and violent (FCV) contexts and are encouraged to highlight relevant experience in their application materials, where applicable.
WBG Culture Attributes:
- Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
- Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
- Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results. World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities. 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.
More about this job
Skills
- Corporate social responsibility
- Budget management
- Reporting
- Procurement
- Financial planning
- Data visualization
- Leadership
- Quality assurance
- SAP
- Inspect staff
- Stakeholder management
- Data mining
- Problem solving
- Microsoft Excel
- Microsoft Power BI
- Communication skills
- Teamwork
- Research
- Decision making