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Form of workInterested candidates, kindly submit your application to the email id bpsjobs@worldbank.org.Deadline - 17th Jan 2024
WORLD BANK GROUP (WBG) CONTEXTThe vision of the WBG iS To create a world free of poverty on a livable planet. Established in 1944, the WBG is one of the world’s largest sources of funding and knowledge for development solutions. The WBG consists of five specialized institutions: The International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID).
The Budget, Performance Review, and Strategic Planning (BPS) VPU is mandated with overseeing the resource management (RM) function of the World Bank with the following key accountabilities: strategy and business planning; expense management; performance review and reporting; resource management infrastructure development and maintenance; internal controls and risk management; and resource management capacity building.BPS has a service delivery model with three core roles:• Business Partners (client facing): embedded partners focused on decision support and performance oversight with strong understanding of the business;• Centers of Expertise (COE): providing thought leadership and analytics, designing business finance policies, practices, and coordinating business finance knowledge management; and• Shared Service Center: central unit to manage delivery of high volume and transactional and reporting services acrosS The Bank.BPS is organized into three departments under a Vice President: (1) BPS Corporate Units (BPSCU) - supporting Institutional, Governance and Administrative Units (IG&A), Capital Budget and providing BPS systems, knowledge, data governance and the Shared Service Center; (2) BPS Operations Units (BPSOU) – supporting Practice Groups and Regions; and (3) BPS Strategic Planning (BPSSP) – supporting the corporate strategic business and budget planning process.• BPS Corporate Units (BPSCU) is comprised of: (a) five client-facing units providing support to all the Institutional, Governance and Administrative (IG&A) VPUs and Departments (BPSGA - Global Corporate Services, Health Services Directorate, Ethics and Internal Justice; BPSIB - ITS and BPS; BPSFP - Finance Partner VPUs; BPSEC – Executive and Corporate VPUs); and (b) One Corporate Center of Expertise (BPSSO – covering Knowledge, Policy, Processes, Systems and Data) and Shared Service Center.• BPS Operations Units (BPSOU) is comprised of six client-facing units providing support to the (a) Global Practice VPUs (Sustainable Development; Infrastructure; Equitable Growth, Finance and Institutions; and Human Development); (b) the Regions (the Africa East and West Regions; the Europe & Central Asia and Middle East & North Africa Regions; the South Asia and East Asia & Pacific Regions; and the Latin American & Caribbean Region; and (c) Operational & Country Services (OPCS).• BPS Strategic Planning (BPSSP) is comprised of four centers of expertise: (a) Corporate Financial Mgmt. & Analytics (BPSCF); (b) Operations Reporting & CAO for FCV unit (BPSCO); (c) External Funds & CAO for DEC (BPSDE); and (d) Corporate Planning & Reporting (BPSPR)
Unit overviewThe purpose of the BPS SolutionS Team iS To provide excellent, sustainable and valued RM data, knowledge, processing, reporting and systems solutionS To enable BPS and its clients determine and manage budget-related resources efficiently and effectively, in full compliance with applicable policy and regulatory requirements. The team works alongside BPS and its clientS To identify business needs and to determine solutionS To business problems. The solutions are based on achieving excellence across BPS in the following disciplines: data management; knowledge management/advisory; process design and execution; and increasingly standardized and automated technology-based solutions.BPSSO includes 11 Work ProgramS That are led by a Program Manager within the BPSSO.
1. Business Center (Processing) Services. Provide core RM processing serviceS To BPS Business Partners.2. Data Governance. Govern RM data operationS To enable trusted, high-value business analytics and management reporting that is increasingly standardized and automated.3. ERP and Process Governance. Lead BPS’ contribution to the determination, development and implementation of the future WBG Enterprise Resource Planning (ERP) platform. Lead the establishment and maintenance of process governance disciplines in BPS.4. External Funds. Provide specialized External Funds processing, analytics and reporting serviceS To BPS CoE Operations, Business Partners and their clients.5. Internal Controls. Advise BPS on internal controls and risk management, enabling the VPU to provide reasonable assurance regarding the effectiveness and efficiency of operations, reliability of financial reporting, and compliance with applicable policies and requirements.6. Knowledge Management. Lead the creation, dissemination, use and management of RM knowledge across BPS and its clients, including through the provision of high-quality on-line materials and other learning services, and an on-line AskBudget advisory service.7. Planning. Govern the development, use and maintenance of effective core RM business planning and reporting processeS To support VPU-level budget planning and execution.8. Policy and Audit. Govern the development, maintenance and interpretation of technical RM policy for BPS, including overseeing BPS’ input and response on RM matters raised by Group Internal Audit (GIA).9. Reporting. Lead the development, maintenance, and production of, and support the use of core, standardized, and automated on-line RM reports and analytics, including through institutional reporting systems (RM Portal, AO/BW).10. Specialized Corporate units’ Services. Provide specialized Corporate units’ processing, analytics and reporting serviceS To BPS Business Partners and their clients.11. Systems. Design and maintain RM information systemS To enable BPS staff and their clientS To manage the allocation and use of resources strategically and effectively, including SAP and BPC, ensuring effective and efficient service delivery from ITS.
Duties & AccountabilitiesThe job holder will join the team of specialists supporting Specialized Corporate Units’ Services and External Funds work programs, and will implement tasks relevant to business objectives of both programs. The specific roles will be determined prior to the start of the assignment.All BPS staff are expected to be fungible and able to work across different assignments over time depending on business needs.
Selection Criteria• Bachelor’s Degree in Accounting, Business, Finance, or other relevant discipline required to fulfill position specific requirements (e.g., Economics, Finance, Public Administration, Information Systems, etc.).• One-year relevant experience is an advantage, particularly in CAPEX processing and client management.• Aptitude for understanding of the BPS business, including key RM processes, products, and services• Aptitude for understanding of business-critical accounting and reporting applications, such as, SAP• Open to improving technical experience in some of the following disciplines:- Business analysis- Business process design/engineering- Data management and intelligence, including experience working with Master Data -- Management and Metadata Management tools- Process automation and/or offshoring- Project management• Good client relationship management experience/skills• Excellent written and oral communication skills
Technical competencies• Internal controls and corporate procedures: Able to help analyze data and business processeS To determine the viability of controls and procedures, ensuring compliance and identifying and communicating to managers any issues or areas of risk.• Statutory and other Stakeholder Reporting: Able to help produce proforma financial statements and stakeholder reports; familiar with disclosure requirements and accompanying notes, and management, and auditor’s reports.• Planning and budgeting: Able to help 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. Working knowledge of the sources and nature of the entity’s funding structure and sources. UnderstandS The work program (e.g. lending, non-lending operations) of the unit.• Performance Evaluation and Reporting: Able to help determine the information needs of users, and present information that supports management decision making.• Integrity and Independence: Prepares accurate reports, ensuring that pertinent facts are fairly presented; shares information freely
Core Competencies• Client Orientation: Takes personal responsibility and accountability for timely response to client queries, requests, or needs, working to remove obstacleS That may impede execution or overall success• Drive for Results: Takes personal ownership and accountability to meet deadlines and achieve agreed-upon results and haS The personal organization to do so.• Teamwork (Collaboration) and Inclusion: Collaborates with other team members and contributes productively to the team's work and output, demonstrating respect for different points of view.• Knowledge, Learning and Communication: Actively seeks knowledge needed to complete assignments and shares knowledge with others, communicating and presenting information in a clear and organized manner.• Business Judgment and Analytical Decision Making: Analyses facts and data to support sound, logical decisions regarding own and others' work.
