Finance Analyst

Roles & Responsibilities

Financial Planning and Budgeting:

• Support the Finance Officer on the CAF regional budget formulation for total resources needed to support regional activities according to work program requirements for the region and Directors’ outlook.
• In partnership with the Human Resources function and the Budget Network, prepare staffing needs projections and respective budget requirements for the region.
• Work in collaboration with country managers/officers and country office accountants to allocate country office budgets for the fiscal year, balancing needs with total allocated resources. 
• Support CAF Country Based Budgeting (CDB) including critical financial analyses
• Undertake budgeting and analyses on CAF region overheads.
• Work closely with Facilities Management on finance related matters for CAF.
• Providing Advisory/Upstream services support for selected CAF Advisory Services Business Lines (as needed).

Resource Management (including staffing, developmental assignments, and mobility benefits):

• Ensure actual staff records and planned positions in PeopleSoft have correct and updated budget information including funding sources and follow governance on staff recruitment / movement processes.
• Ensure accurate information is reflected for unit staffing and budget forecast in Business Planning and Consolidation (BPC) system.
• Support the central point for mobility benefits budgeting and execution of ceilings in the Region.
• Prepare financial planning form for staff on Developmental Assignments (DA)/Short Term Assignments (STA) and guide staff on payment/ reimbursement requests for DA and STA allowances & check that payment requests are in accordance with policy.
• Monitor World Bank Group travel policy compliance, lead on expenditure review actions and follow-up.
• Review expenses periodically and determine non-eligible expenses for reposting to appropriate sources of funds.

 Financial Reports, Analytics and Business Intelligence:

• Collaborate with CBAAF resource management team to share corporate level best practices and guidelines in reporting analytics, forecasting and business intelligence.
• Support the Finance Officer to prepare monthly total resources and budget reports for the CAF Directors.
• Prepare monthly forecast on as needed, integrating all source of funds, and update systems.
• Work closely with Facilities department on office ecology and other analytics.
• Prepare ad-hoc analysis as requested or proactively as may deem useful to clients.

Country Office Accounting and Controls Support to Nairobi Office:

• Review ePayables transactions and ensure compliance of the requests, and correctness of the entries.
• Act as finance business partner with country office Senior Management by providing monthly budget updates analysis, and ad hoc reports. 
• Ensure coordination among Facilities & Admin., Procurement, and IBRD teams to support country office efficiently.
• Enhance controls and advise Head of the Country Office and staff on policies and procedures while supporting new staff onboarding in country office. Perform knowledge sharing sessions accordingly.
• Respond to scorecard / quality assurance / IRI / audit queries as needed and ensure action plans implementation, as well as strong Scorecard and Quality Assurance ratings for country offices.
• Act as a backup and assist the Sr. finance assistant for other accounting related matters (vendors and staff payments, cash, imprest account and asset management, financial aid, etc.).

Selection Criteria

• Degree in Accounting, Finance, Business or Economics with at least 4 years of working experience. 
• Recognized professional accreditation (CPA, CMA, CIMA, ACCA, etc.) OR Master’s degree is a plus.
• Sound knowledge and understanding of accounting theory, concepts and principles, financial accounting reporting, and cost allocations.
• Diligence and attention to details.
• Working knowledge of Imprest Accounting related SAP processes and transactions.
• Planning and budgeting skills proved by experience: able to produce standard activity and unit-level reports and budgets using inputs from senior staff or operational management, and to provide basic analysis of budget information.
• Advanced problem solving, analytical skills.
• Ability to analyze and synthesize information, interpret data, retrieve information, and clearly and concisely communicate results. Good data mining skills with working knowledge of Microsoft Package. Advanced Excel skills.
• Experience with data analytics (Power BI) / AI tools will be appreciated.
• Ability to understand risk management principles and monitor the effectiveness of internal controls processes.
• Effective communication skills with the ability to prepare, present and discuss findings in written or oral form. 
• Ability to manage multiple, concurrent tasks with tight deadlines.
• Excellent interpersonal, teamwork and communication skills. 
• Fluency in the English language.