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Verified Job Accounting - Finance

Financial Analyst

Chennai, Tamil Nadu
Accounting - Finance
#227849
Remote / WFH

Job Description

Do you want to build a career that is truly worthwhile? Working at the World Bank Group 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, increasing shared prosperity and promoting sustainable development.

With 18+ 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

The World Bank Group Finance and Accounting (WFA) Vice Presidency Unit, is responsible for all aspects of financial accounting, reporting and the internal control framework for the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) and the extensive Trust Fund/Partnership portfolio of those entities.
The VPU is also responsible for expressing a Finance viewpoint on controls over Bank Group operations.

WFA comprises the following functions: Financial Instruments Accounting and Valuation; Loan Operations; Accounting Business Services; Financial Analysis and Reporting; Accounting Policy; Documentation and Communication; Advisory Services; and Operational Risks and Controls.

These units collectively include approximately 500 staff, of which approximately 170 are in Washington, D.C., with the remainder in regional offices including the largest in Chennai, India.
Unit Overview

The WBG Trust Fund and Loan Operations Department (WFATL) in WFA provides a number of financial operation activities, notably financial services, compliance, disbursements, accounting, reporting, and analytics for IBRD/IDA loans and Trust Funds.

WFAAS, a division within WFATL is focused on supporting both the WBG's Trust Funds and Loans portfolios, for example, providing advice on the design and implementation of new trust funds or loans, policies, or processes, as well as many activities associated with the implementation and closure of loans or trust funds, including account creation and maintenance, disbursement transactions, trust funds and loans accounting and reporting and helpdesk functions.

WFAAS division operates out of three locations – DC, Chennai and Manila.

The team in Chennai (WFALF), comprise three sub-teams viz., (i)Trust funds accounting clearance and Fiduciary & Controls team (ii) Trust Funds accounting and reporting, and (iii) Loan accounting and reporting.
Together, the Division provides end-to-end support for IBRD/IDA Loans and
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