Finance Analyst (E-Billing) - Onit or BillingPoint

Finance Analyst (E-Billing) - Onit or BillingPoint

Description

IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.

The Legal Department of IFC (CLED), under the Vice President and General Counsel, Legal, Institutional Risk and Governance (CLSVP), provides legal and policy advice to the IFC Board, its Management and client departments on operational, advisory, and corporate matters. CLED supports client departments in (i) the delivery of IFC’s annual program of finance private sector projects in emerging markets, advisory services, as well as early stage engagements and pre-investment project development work to identify opportunities for private sector investments and creating markets (“Upstream”); (ii) project portfolio management (including jeopardy projects and projects in litigation); (iii) the delivery and design of structured finance products, sub-national lending, equity and quasi-equity and public-private partnerships, and investments in funds, as well as platform products; (iv) advising on corporate policy and operational matters; and (v) knowledge management and training.

To support CLED’s Legal Operations (CLELO), IFC is recruiting a qualified Finance Analyst (E-billing) experienced in legal department operations and technology. The Finance Analyst (E-billing) position would be based in IFC Chennai, India office, and will report to Operations Officer and Associate Operations Officer in CLED as needed.

Role and Responsibilities

Finance Analyst (E-billing), in collaboration with the Associate Legal Operations Officer, will provide transactional and analytical support and contribute to CLELO’s overall work program for:

• Screen, track, prioritize, and appropriately channel all inquiries and requests by managing CLED E-billing team shared account in a timely and professional manner
• Provide consistent and timely monitoring and follow-up on legal bills workflow
• Support onboarding of vendors, including WBG vendor and Onit registration
• Act as a reliable point of contact for internal and external stakeholders, ensuring consistent follow-through and closure of open items
• Guide others in complex matters related to outside counsel retention and liaise with BillingPoint, Accounts Payable, Ask Accounting and Corporate Procurement team.
• Liaise with clients and budget teams regarding outstanding legal invoices.
• Actively participate and contribute to corporate and department initiatives to improve processes and overall effectiveness
• Support change management efforts related to ebilling system upgrades or policy changes
• Ensure timely and accurate processing of legal bills and compliance with the WBG policies and procedures
• Support knowledge sharing and learning initiatives related to outside counsel legal fees
• Manage accrual process at the end of Fiscal Year.
• Liaise with staff in IFC Budget & Finance network to improve knowledge and awareness with respect to budget methodologies, policies, internal controls, IFC policies and procedures.
• Ensure effective back-up coverage and timely completion of tasks and submission of outputs.
• In-depth and up-to-date knowledge of administrative and procurement policy guidelines, as well as best practices within areas of assigned responsibility.
• Demonstrate initiative in learning, and supporting the implementation of, processes and systems relevant to effective work of the unit

Selection Criteria

• Relevant bachelor’s degree (Finance, Accounting, Business Management, Economics) with a minimum of five years of relevant professional experience.
• Knowledge and understanding of accounting theory, concepts and principles, combined with proven practical skills in financial and cost accounting reporting, budgeting, financial management and audit.
• Working proficiency in Onit, MS Excel, SAP, and other systems used by IFC for transactional and reporting purposes.
• Demonstrated technical skills, working knowledge of Microsoft Office. Strong proficiency in Advance Excel is required.
• Excellent interpersonal skills and sound judgment in dealing with external and internal clients
• The ability to learn new things fast, independently and on one’s own initiative.
• Strong problem solving, conceptual, and analytical skills, paying attention to details.
• Ability to work independently, with minimal supervision, manage multiple tasks and projects against ambitious deadlines and produce high quality work.
• Strong interpersonal, teamwork, communication skills (verbal and written), a positive attitude and ability to work well in a matrix organization and team environment.
• High integrity and sense of judgement to handle confidential data.

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.