Regional Grant Finance Officer, GPE at World Bank Group

• The Regional Grant Finance Officer is mapped to the regional team, and supports countries on fiduciary, finance and budget elements for grant applications, participating in application reviews and working with country teams to communicate and address related issues.

Duties And Accountabilities

Pre-Grant:

• Advises partner countries and grant agents on GPE fiduciary, finance, and budget requirements and best practice -including going on mission when required.
• Reviews grant applications for their region to ensure compliance with GPE standards relating to budget, implementation arrangements, and risks (fiduciary, sub-recipient and legal status).
• Ensures accuracy of finance/budget numbers and language relating to finance areas, in CEO/board documents.
• Provides aid alignment inputs in grant application process and quality assurance reviews regarding adequate description of funding modality, flow of funds, fiduciary risk oversight.
• Implementation:
• In concert with the CPO, monitors audit and progress reports during grant implementation, going on mission when required, and at CPO request, engaging with grant agents and countries.
• Reviews requests for program revisions to ensure that proposed changes to fiduciary, finance and budget elements are reasonable and appropriate.
• Primary contact for engagement with grant agent country offices and partner countries for incidents of misuse of funds or PSEAH on grants in their region.
• Escalates systemic grant agent issues for region to Risk & Compliance or GO practices.
• Provides timely information on fiduciary elements (such as misuse of funds, audit reviews, etc.) to the practice to facilitate reporting to the Board and relevant committees.
• Post-Completion:
• Reviews completion reports and ensures that lessons learned are incorporated into the design of new programs.
• Global Programs
• Is finance focal point for assigned global grants such as EOL, KIX and Technical Assistance Initiatives (formerly strategic capabilities).

Selection Criteria

Education

• Master’s/Bachelor’s degree in finance, accounting, economics, or relevant field of study and/or relevant professional qualification.

Experience

• Minimum 5 years’ (if Master's) or 7 years' (if Bachelor's) experience in financial management (public financial management, auditing, consulting, etc.)