Lead Finance Officer bei World Bank Group

Lead Finance Officer

Description

Do you want to build a career that is truly worthwhile? The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank Group, and our mission is to promote foreign direct investment into developing countries to help end extreme poverty and boost share prosperity. We do that by providing political risk insurance and credit enhancement to investors and lenders against losses caused by non-commercial risks. 

Since July 1, 2024, all World Bank Group guarantee products are being processed by MIGA in the new World Bank Group (WBG) Guarantee Platform, which brings together guarantee products and experts from across the World Bank, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). This integration enhances efficiency, simplicity, and speed in delivering guarantee solutions. For more information, www.miga.org.

As part of the integration of resource management functions under the WBG Budget & Procurement organization, IFC/MIGA’s Budget & Administration Department (CBA) will manage MIGA’s budgeting, reporting and analytics, and administration functions. These responsibilities will remain under the oversight of MIGA’s CFO and VP for Risk, Economics, and Sustainability, to whom the CBA Director will report directly for these functions.

To support this integration, CBA is recruiting a Lead Finance Officer (GH), based in Washington, DC. This role will work closely with the MIGA Management Team (MMT) to lead the construction, allocation, and monitoring of MIGA’s corporate budget, ensuring resource sustainability and effective oversight. 

Duties and Accountabilities

Business Management Responsibilities
• Serve as strategic adviser to the MMT on resource planning and budget formulation.
• Provide analytics for budget planning and Board engagements, oversight of budget and finance systems, in compliance with MIGA policies and continuous monitoring of institutional central accounts.
• Oversee business planning deliverables, ensuring integrated staffing & resource plans, in collaboration with HR,
• Lead the implementation of budget reforms, emphasizing standardization, simplification, and automation.
• Ensure compliance with WBG policies and maintain robust internal controls.
• Coordinate closely with WBG teams as MIGA’s primary contact for matters related to real estate, procurement, and security, ensuring smooth collaboration across all areas.
• Coordinate closely with the WBG Real Estate team to manage MIGA’s facilities and office space operations and monitor service delivery 
• Facilitate securing of MIGA clearances as needed for real estate and facilities related projects.
• Monitor institutional central accounts, including Shared Service Agreements with IBRD.  
• Oversee the budgeting for external funds, in coordination with the relevant MIGA units.

Resource Management Responsibilities
• Monitoring and reporting on the utilization of Board-approved financial resources, identifying and recommending actions to MMT, as needed.
• Provide input into budget decisions and resource alignment.

Relationship Management Responsibilities (Internal and External)
• Build strong partnerships across the WBG BPS VPU, GCS, HR, and other key stakeholders to drive results and innovation.
• Represent MIGA in outreach to stakeholders, ensuring alignment with corporate policies.

Knowledge Management Responsibilities
• Maintenance and dissemination of guidelines on resource use and provision of training/advice to MIGA staff, as needed.
• Identify and communicate business priorities and requirements for enhanced processes, practices, and tools.

People/Talent Supervisory responsibilities
• Build and supervise a high-performing, diverse team, fostering skills in analytics, reporting, and business finance.
• Oversee recruitment, performance evaluation, mentoring, and career development for the assigned team members.

Selection Criteria

• Master’s degree in Finance, Accounting, Business, Economics, or related field.
• Minimum of 12–15 years of progressive responsible experience in resource management, business finance, or related roles.
• Superior understanding of MIGA and WBG resource management processes, systems, and policies. 
• Strong judgment and ability to balance client needs with corporate priorities.
• High analytical and conceptual skills with the flexibility to address a broad range of financial and business challenges.
• Proven ability to manage multiple priorities under tight deadlines.
• Superior communication skills (verbal & written), including ability to convey complex financial issues succinctly.
• Strong interpersonal skills, team leadership experience, and ability to work in a multicultural environment.
• Ability to influence across boundaries and collaborate effectively.
• Strong business judgment and problem-solving skills with a focus on driving results.
• Demonstrated integrity and ethical leadership.

This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.

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

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

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.