E T Consultantnew

Do you want to build a career that is truly worthwhile? Working at the World Bank provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org The South Asia Region (Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka) is at a crucial stage of development. Rapid economic growth, driven by urbanization and demographic dividend, has brought down poverty rates, but severe forms of exclusion and disparities based on ethnicity, caste, and gender remain. The World Bank in South Asia: https://www.worldbank.org/en/region/sar The Financial Management (FM) unit within the Governance Global Practice (GGP) in Bhutan has three primary functions: (i) delivering high-quality financial management services, including project preparation and implementation support for Bank-financed operations, and promoting the use of national Public Financial Management (PFM) systems to strengthen development outcomes; (ii) collaborating with partner countries to improve their PFM performance and capacity, in close partnership with other Global Practices (GPs) and regional and corporate Bank units; and (iii) supporting partner countries in advancing their professional accountancy institutions and enhancing corporate financial reporting standards, including accounting and auditing practices. The Unit is seeking an Extended Term Consultant (ETC) to be based in Thimphu, Bhutan for one year term. The ETC will be part of the regional GGP team and report directly to the Unit’s Practice Manager based in Washington. The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Duties and accountabilities: The ETC will support World Bank Group-financed projects and programs by performing a range of financial management (FM) duties and providing advisory and technical assistance. Key responsibilities include: • Oversee the FM fiduciary work program, ensuring the quality, relevance, and timeliness of inputs; manage work planning and staff allocation; and represent FM views in key meetings. • Assess the adequacy of financial management systems for World Bank-financed projects, provide implementation support, supervise project financial management, and offer advice to borrowers and Bank Task Teams. • Lead efforts in defining practices for development policy lending, sector programs, and governance, and develop strategies for harmonizing FM approaches with other development partners. • Contribute to the use of country systems in Bank-assisted operations and support the development of public financial management, accounting, auditing standards, and institutional infrastructure. • Provide technical input into policy and strategic work, and support capacity building, governance, PFM work programs.