World Bank India Jobs 2011 – Operations Assistant (CA Freshers) Chennai

Candidate Profile

Duties & Responsibilities:

• Review, interpret, clear legal documents and bank’s other internal documents such as Trust Funds Proposal (TFP)/ Initiating Brief for Trust Fund (IBTF) Donor and Grant Agreements for the purpose of creating new trust funds accounts.

• Ownership and maintenance of master reference fields in SAP for assigned trust fund programs in accordance with the program specific requirements and the legal and internal documents.

• Provide support and technical advice in execution of special projects and system enhancements to various web-based trust fund applications whenever required.

• Provide advice and guidance to CTRTN team on TACT matters including complex issues.

• Perform due diligence review of Administration agreements/amendments and the Trial Balance of trust funds to validate the call of funds requests sent to donor agencies for deposit of donor contributions into Bank’s designated depository accounts, as per the commitment made in the Administration agreements/amendments.

• Review interim budget requests and release them after performing necessary validations; regularly monitor the outstanding interim budget and ensure their recovery before they become overdue.

• Prepare monthly Executive Directors report that provides details of trust funds activated during the month.

• Service CTRTF/N clients on TACT activities relating to accounting and reporting of trust funds within agreed service standards.

• Provide assistance to the HQ-based CTRTF TA Team as and when required.

• Ensure that all Trust Funds related documents (Hard and soft copies) actioned at Chennai are filed in IRIS (Imaging Software) for access to bank wide audience.

• Provide inputs and actively participate to support management’s initiatives to improve the process quality & process related controls.

• Prepare/review reports, metrics and charts for management information and action.

Experience: 0 – 1 Years

Location: Chennai

Education: UG – B.Com – Commerce PG – CA

Industry Type: Accounting/Finance

Role: Chartered Accountant

Functional Area: Accounts / Finance

Selection Criteria

1. Fresh Chartered Accountant/ Company Secretary or equivalent will be preferred.

2. Proficiency in Microsoft Office tools and basic understanding of information systems and the application of new technologies.

3. Strong interpersonal and communication skills (both written and oral) to interact effectively with colleagues and clients.

4. Strong client focus and excellent team player.

5. Proven work experience on clearance and handling of legal documents, transaction processing using integrated, automated accounting systems preferably SAP.

6. Demonstrated good judgmental, conceptual, analytical and problem solving skills.

7. Ability to understand the critical linkages and relationships between work program objectives and the business processes.

Job Description

Background/General Description:

The Trust Funds Division (CTRTF) is one of several divisions that reports into the office of the Director of Trust funds and Corporate Expenses (CTRTS). CTRTF is the focal point for collection and dissemination of trust fund financial information and for formulation and oversight of financial, accounting and administrative policies for trust funds. CTRTF maintains the trust fund master data and financial ledgers and produces contractually required financial reports for donors (e.g. externally audited financial statements for certain trust funds and programs) as well as internal financial reports (e.g. the trust funds aggregate financial report). CTRTF is responsible for establishing and communicating trust fund accounting policies and control requirements to decentralized transaction processing business units and trust funds managers. The division is also responsible for building and maintaining an effective liaison relationship with the various business units, trust fund users and managers, as well as certain donors who require trust fund financial information. This liaison includes providing guidance, advice and assistance on all trust fund accounting, financial reporting and relevant administration matters.

Selected parts of the work program of the World Bank’s Accounting Department are handled through the Processing and Support Center (CTRCO), in Chennai, India. CTRCO houses several different business units, each of which is responsible for specific off-shored accounting processes and includes one unit dedicated to trust funds, namely CTRTN.

The Operations Assistant is a member of the Trust funds Accounting Clearance team (TACT) reporting to the Operations Officer. The primary purpose of job is to review, interpret and clear source documents (legal and internal Bank documents) for all trust funds both programmatic and stand alone so as to create, update and maintain reference fields in SAP master data, ensure that source documents are appropriately available in IRIS (an institutional imaging software) and provide assistance to CTRTF clients with respect to all trust funds administration activities relating to accounting for all the Bank Group’s trust funds programs.

The Operations Assistant services external clients such as trust funds operations group, program managers, task team leaders, regional staff, TF policy unit, Legal and internal clients such as Program Accountants in Chennai and HQ. Selected candidate will be offered a 2 year renewable term appointment.

Company Profile

The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our mission is to fight poverty with passion and professionalism for lasting results and to help people help themselves and their environment by providing resources, sharing knowledge, building capacity and forging partnerships in the public and private sectors. We are made up of two unique development institutions owned by 187 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).

Company Name: The World Bank
Email Address: chennaijobs@worldbank.org