E T Temporary

Description

At the World Bank, a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. For more information, visit https:// www.worldbank.org/en/who-we-are/ibrd

The Controller’s (CTR) Vice Presidency is responsible for all aspects of the financial reporting and internal control framework for IBRD and IDA, and the extensive Trust Fund/Partnership portfolio of the WB entities. It supports an appropriate fiduciary control framework and administering disbursements for Bank lending and leads the client service function for the WB’s corporate expenses.
Organizationally, CTR is comprised of three departments: (1) Corporate Accounting and Reporting, (2) Trust Funds and Loans, and (3) Financial Controls. In CTR, our mandate supports both internal and external clients while we focus on delivery, optimization, impact, and people & culture.

Within Controllers(CTR) Vice Presidency, Accounts Receivable, Payroll and Tax division (CTRPT in HQ and CTRPA in Chennai), part of the Financial Operations Department, is responsible for ensuring that (i) accounts receivable are recorded, monitored, and collected in a timely and efficient manner, (ii) salary and benefit payments to the WBG staff are processed in a timely and efficient manner, and (iii) tax allowances to the WBG staff and retirees are processed in a timely and efficient manner. It also provides strategic leadership and guidance to business units across the WBG on developing and maintaining an effective system of internal controls over AR, payroll, and tax.

CTRPA is currently seeking a Extended Term Temporary for its Accounts Receivable team in Chennai. The Accounts Receivable Portfolio consists of External Receivables (ERS) such as Reimbursable Advisory Services (RAS), Externally Financed Output (EFO) etc., Internal Receivables, and Staff Receivables (SRS). The team is also responsible for monitoring and managing accounting activities of the Admin Revenue area. The Extended term temporary will report to the Accounting Officer.

Duties and accountabilities:

• Execute payroll-schedule activities on time, verifying worklist transactions and manual reports for accuracy, completeness, and payment validity.
• Review retroactive earnings and deduction reports, create missing retro transactions, process required adjustments, and perform peer reviews of worklist and retro entries.
• Review payroll exceptions through the Reports Optimization dashboard, correct staff paychecks, and prepare complete supporting documentation for secondary validation.
• Investigate and resolve payroll and system issues—including duplicate or overdue payments, pending actions, incomplete SRS feeds, and insufficient retro-report data—in coordination with HR and other stakeholders.
• Prepare off-cycle payments and approved salary advances, including alternate-currency payments and arrangements related to assignments or telecommuting.
• Respond to staff queries within agreed service levels; issue earnings certificates, overpayment letters, and control-related communications to staff and managers.
• Monitor payroll-related general ledger accounts, prepare periodic reconciliations, and follow up with clients and partner units on aged, critical, or unresolved items.

Selection Criteria

Attention: "Preference will be given to local talent, that is, applicants that are authorized to work in the duty station for any employer. Internal applicants may apply per existing guidelines."

Education

• Bachelor’s or Master’s degree in a relevant discipline (Finance or Accounting)
• Professional accounting qualifications (CA, CPA, ACCA) is desirable, but not mandatory.
  
  Experience
• Minimum 1 year of relevant work experience in the functional area.
• Preferable: Background in payroll function in the financial service industry and familiarity with banking transactions; Multinational organization experience would be advantageous.
• Proficiency in SAP and Microsoft Office tools.
• Experience in PeopleSoft systems will be an added advantage.

WBG Culture Attributes:

1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results..

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.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC including our values and inspiring stories.