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    Job · 23442404

    The World Bank logo

    E T Consultant

    The World Bank · Chennai · onsite · Posted 1d ago

    Undisclosed3–8 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    The Loan Accounting & Reporting Division (CTRLA / CTRLN)-operating across Washington, D.C., Chennai, and Manila-serves five vital functions for the World Banks IBRD and IDA loan portfolios: it manages day-to-day transactional accounting and quarterly/annual ledger closings for external audits, feeds critical financial data and analytics to downstream corporate reporting units, services borrower debt repayments while actively engaging operational teams to prevent defaults, leads the end-to-end design, implementation, and stabilization of new loan and guarantee products, and acts as the primary analytical focal point for Senior Management queries.
    How your contributions will help us achieve our goals

    The Extended Term Consultant (ETC) in Chennai delivers technical expertise in IBRD/IDA loan products and policies, oversees monthly ledger closings, and fosters cross-divisional knowledge sharing. They serve as a key technical liaison across Finance VPUs, Operations, IFC, MIGA, and external auditors while rapidly resolving urgent, ad-hoc organizational issues.

    Key Responsibilities
    -Support loan accounting and servicing operations across a portfolio of financing products and borrowers.
    -Execute financial transaction processing activities, including adjustments, refunds, invoicing, and other accounting-related transactions.
    -Perform master data management activities, including review, validation, maintenance, and approval of borrower, project, and financing-related data.
    -Provide client support services by responding to borrower and stakeholder inquiries and coordinating the resolution of operational issues.
    -Support debt service operations, including monitoring payment-related activities, preparing client communications, and following up on outstanding items.
    -Contribute to process improvement, reporting, and automation initiatives that enhance operational efficiency, controls, and data quality.
    -Participate in special projects, testing activities, and transformation initiatives that support the modernization of loan accounting and servicing processes.

    What will you bring
    -CA, CPA or equivalent designation. Bachelor s in finance, Accounting or relevant discipline
    -Minimum 3 years of relevant qualification experience in a corporate accounting setting, and hands on experience in an accounting production environment
    -Strong analytical and documentation review skills, particularly in reviewing legal agreements, project documents, PADs, negotiation minutes, and loan choice worksheets.
    -Ability to manage client-facing debt service queries and coordinate effectively with country Financial Officers.
    -Detail orientation in preparing notices, invoices, borrower setup information, refund checklists, and adjustment documentation.
    -Automation and process improvement experience

    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.

    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.



    Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

    Sourced from naukri

    Skills

    data qualityAutomationMonitoringProcess ImprovementAnalyticsMaster Data ManagementSupport ServicesoperationsanalyticalService Operations

    About The World Bank

    The World Bank logo

    The World Bank

    Banking

    201

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    ₹15.8L PA avg

    Avg at The World Bank

    About

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