Finance Analyst

Riyadh

  • Organization: World Bank Group
  • Location: Riyadh
  • Grade:
  • Occupational Groups:
    • Operations and Administrations
    • Banking and Finance
  • Closing Date:

Do you want to build a career that is truly worthwhile? Working at the World Bank provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank consists of two entities – the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).  It is a global development cooperative owned by 189 member countries. As the largest development bank in the world, the World Bank provides loans, guarantees, risk management products, and advisory services to middle-income and creditworthy low-income countries, and coordinates responses to regional and global challenges. Visit www.worldbank.org.   

Vice-Presidency Context

The Budget, Performance Review, and Strategic Planning Vice Presidency (BPS) is organized into four departments under a Vice President: (1) BPS Corporate Units (BPSCU) - supporting Institutional, Governance and Administrative Units, Capital Budget and providing BPS systems, knowledge, data governance and the service center; (2) BPS Operations Units (BPSOU) – supporting Practice Groups and Regions (3) BPS Strategic Planning (BPSSP) – supporting the corporate strategic business and budget planning process; and (4) BPS Corporate Procurement (BPSCP) with teams responsible for coordinating and overseeing the sourcing strategy, selection, contract execution, and vendor management across the globe.

BPS’ service delivery model has three core roles:  (1) Business Partners (serving clients directly with focus on decision support and performance oversight);  (2) Centers of Expertise (providing thought-leadership and analytics, designing business finance policies, practices and systems, and coordinating knowledge management); and (3) Service Center (managing delivery of high volume and transactional and reporting services across Bank, including help desk support to clients).

Hiring Unit Context

BPS is now seeking to fill the position of recruiting a Finance Analyst for the following unit(s):
BPSIM--Sitting within BPSOU, BPSIM is responsible for business planning, budgeting, work programming, deliverables reporting, and financial reporting for all the departments in the World Bank’s Middle East and North Africa Region (MENAAP), the Infrastructure Global Practice and the Digital Global Practice. In addition, BPSIM staff perform accounting, payment processing, cash management, and administration functions in country offices. Overall, BPSIM ensures that each department maintains cost efficiency and adequate controls over all financial transactions and supports effective management and monitoring of deliverables. 

Duties and Responsibilities

The Finance Analyst supports budget activities by preparing budgets, producing reports, and performing budget analysis. They maintain policies and controls, contribute to budget planning, and foster positive relationships with internal and external stakeholders. In CO, the finance Analyst is also responsible for managing the financial and accounting aspects of the organization, including establishing and enforcing accounting policies, preparing financial reports, conducting analyses, interpreting reports and tax returns, and maintaining good corporate relations. With a strong understanding of fundamental concepts and practices, they provide analytical support to senior professionals, ensuring accurate records while assuming limited accountability.

The selected candidate is expected to be an excellent team player, comfortable working with large datasets, preferably with data modeling skills, a finance, accounting, or economics background/experience with strong analytical skills, and knowledge in one or more of the key functional areas that BPS supports. 

The position is expected to serve four Country-Office-based Practice Managers (PMs), and Practice Management units within the MENAAP Region. The Finance Analyst will also support one of the functional teams (e.g., planning, reporting, systems/controls) serving the MENAAP Region.

As with all other BPS staff, Finance Analysts are expected to be fungible and able to work across different assignments over time, depending on business needs and professional development objectives.

NOTE: Applicants should regularly check emails from bpsrecruitment@worldbank.org, as this is the official channel for requesting or sending additional information during the recruitment process. Please note that applications sent to this account are not accepted. 

We do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.
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