Job opening

Posting Title:Finance Assistant
Job Location: India
Skill Required: Finance And Accounts,
Preferred Experience: Relevant work experience of 2 Years
Closing Date for Applications: 16th Dec, 2021

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Job Description

Duties and Accountabilities:

The Finance Assistant’s main tasks will include but are not limited to the following:

Imprest Administration:

  • Processing of vendor/staff payments and consultant reimbursements in E-Payables
  • Ensure regular accounting, reconciliation, and timely replenishment of IFC petty cash
  • Ensure proper accounting and timely reconciliation of Pcard statement in SAP
  • Monthly review of expenses for accuracy and ensure timely corrections/adjustment of erroneous transactions.
  • Filling and reconciliation of refund for GST and other reimbursable taxes.
  • Accounting of Accruals and Prepayments
  • Payroll processing in SAP
  • Perform and ensure correctness in transactions for GL, Charge code, vendor, Tax, etc.
  • Support ACS on procurement for PO threshold, Petty Cash handling, PCard, vendor registration and maintenance, charge code inquiries, etc.
  • Liaise with AP, AR, and vendors to ensure timely payments and receivable processes.
  • Ensuring proper filing of all documents as per the record retention policy

Monitoring & Reporting:

  • Monitoring and maintaining Imprest account and petty cash account fund balances as per policy
  • Preparation of monthly Imprest accounting report including bank reconciliation.
  • Monitor implementation of PCard and Event Card to ensure compliance with the institutional policies and guidelines.
  • Fixed assets: ensure that all asset procurements, disposals, and reporting conform with WBG policies and procedures.
  • Maintain strong controls for IFC-related transactions to ensure a STRONG scorecard rating for India Office Business Area.
  • Providing ad-hoc reports at the request of management.

Liaison and Knowledge sharing:

  • Coordinate with GPP team for invoice processing, invoice query resolution, clearance of vendor open items.
  • Liaison with Chennai office regarding Imprest/Payroll/SRS/Travel audit/Account Payable issues
  • Liaise with Banks in connection with IFC Corporate account as staff salary accounts.
  • Providing expert advice and guidance to staff on accounting theory and practice, recommending solutions to various issues, travel, and other policies.
  • Support Finance Colleagues on India Office Budget forecast and monitoring.
  • Support Advisory operational staff to resolve finance-related inquires.
  • Perform ad-hoc assignments and serve as back-up to a role, as required.
  • Respond to review undertaken by the Quality Assurance team on IFC transactions.

Selection Criteria

  • Degree in Accounting or Finance with at least 2 years of financial management experience in a corporate setting.
  • Sound knowledge in financial accounting and reporting.
  • Excellent communication and networking skills, fluency in English are essential.
  • Ability to maintain collaborative work relations with all levels of staff.
  • A strong commitment to teamwork and knowledge sharing is an essential attribute.


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.

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