E T Consultant (Financial Management Specialist)
Job #:
req39044
Organization:
World Bank
Sector:
Financial Management
Grade:
EC2
Term Duration:
1 year 0 months
Recruitment Type:
Local Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
French, Dutch or Spanish
Closing Date:
11/12/2026 (MM/DD/YYYY) at 11:59pm UTC
Description
VPU Context: The World Bank Group serves 33 client countries Latin America and the Caribbean Region (LCR). Clients range from large, rapidly growing, sophisticated middle-income clients to IDA countries, small Caribbean states, and one fragile state, and to varying degrees they face three key challenges - low productivity and growth, low quality jobs and low resilience to shocks. The region is tackling these challenges with a strong WBG approach, underpinned by selectivity and complementarity between the value added of public and private arms, and in strong partnership with relevant regional development partners.
Unit Context: The Financial Management (FM) Unit of the Governance Global Practice for Latin America and the Caribbean (ELCG1) supports the design and implementation of World Bank-financed operations; provides fiduciary assurance and implementation support; promotes appropriate use and strengthening of country systems; contributes to public financial management reform, policy dialogue, analytical work, and technical assistance; and supports improvements in public-sector accounting, auditing, financial reporting, and accountability.
The Unit seeks an Extended Term Consultant (ETC) to meet a full-time, finite-duration business need arising primarily from the fiduciary and implementation-support requirements of the Sint Maarten Reconstruction, Recovery and Resilience Trust Fund (SXM TF), together with temporary workload needs across LC3.
Duties and accountabilities:
Under Senior FMS supervision, the ETC will:
• Assess the adequacy of FM arrangements for operations under preparation, including budgeting, accounting, internal controls, funds flow, financial reporting, staffing, audit, and disbursement arrangements, and provide timely inputs to relevant project documents.
• Provide risk-based FM implementation support, including desk reviews and participation in missions; document supervision; update FM risk ratings and Bank systems; and follow up on agreed actions.
• Verify compliance with FM provisions of legal agreements and applicable disbursement and financial information requirements and promptly escalate significant fiduciary issues.
• Review interim unaudited financial reports, annual audit reports, operations manual, audit terms of reference and monitor audit findings and implementation of corrective actions, observing applicable service standards.
• Support task teams on FM aspects of investment project financing and, where assigned, provide appropriately scoped FM inputs to development policy financing and other instruments consistent with applicable policies.
• Design and deliver capacity-building activities, including workshops, clinics, guidance materials, and on-the-job support for counterparts and stakeholders.
• Identify portfolio-wide and cross-cutting fiduciary issues, use data and digital tools where appropriate, and provide actionable guidance to country and sector teams.
• Contribute to analytical work, policy dialogue, and technical assistance, applying sound judgment, confidentiality, and quality standards.
Selection Criteria
• A qualified professional accountant (CPA, CA, ACCA or equivalent membership of an internationally recognized professional accountancy body).
• A Master's degree in a relevant field (e.g., accounting, public financial management, finance, public policy, business administration) or another related field.
• At least 5 years of relevant professional experience (e.g. experience in financial management, auditing, PFM, fiduciary oversight, or related fields, including experience with an international financial institution, development partner, government, or externally financed operations)
• Knowledge of risk-based fiduciary approaches, internationally recognized internal-control frameworks such as COSO, and the use of information systems, digital FM tools, or data analytics.
• Good understanding of applicable public-sector accounting and auditing frameworks, including IPSAS issued by the IPSASB, IFRS Accounting Standards issued by the IASB, and ISSAIs issued by INTOSAI, as relevant to the assignment.
• Familiarity with World Bank operations, policies, FM and disbursement procedures, and operational systems is highly desirable.
• Strong analytical, client-orientation, teamwork, and integrative-thinking skills, with the ability to manage multiple assignments and deliver high-quality outputs under deadlines.
• Excellent written and spoken English. Proficiency in French, Dutch, or Spanish would be an advantage depending on portfolio needs.
World Bank Group Core Competencies
As per WBG policy, an Extended Term (ET) appointment is subject to a lifetime maximum of three (3) years. Former and current ET staff who have completed or are in the process of completing their third-year ET appointment are not eligible for future ET appointments.
