Financial Management Specialist

Financial Management Specialist

Ташкент, улица Алишера Навои, 2А

Описание вакансии

Обязанности:
  • SCOPE OF WORK

    The Financial Management Specialist will be responsible for the following tasks:

    Financial Management:

  • Establish and maintain financial management systems in compliance with World Bank’s General Conditions and national regulations.

  • Develop and manage the program budget, including monitoring expenditures and ensuring budgetary control.
  • Oversee the implementation of accounting software to streamline financial operations.
  • Accounting and Reporting:

  • Prepare financial statements and ensure their compliance with World Bank’s reporting requirements.
  • Submit accurate Interim Unaudited Financial Reports (IFRs) on a semi-annual basis.
  • Provide inputs for the preparation of audit-ready financial statements.
  • Disbursement and Reconciliation:

  • Manage disbursement processes, including the verification and submission of withdrawal applications to World Bank.
  • Reconcile bank accounts and financial records regularly to ensure accuracy.
  • Audit Coordination:

  • Draft ToR for audit services and submit to World Bank for review.
  • Facilitate audits of program accounts and address recommendations from audit reports.
  • Ensure timely submission of audit findings to World Bank and other relevant entities.
  • Compliance and Risk Management:

  • Ensure adherence to the Grant Agreement’s financial policies and procedures.
  • Monitor financial risks and implement mitigation strategies to ensure the integrity of financial operations.
  • Coordination and Communication:

  • Work closely with MoPSE, World Bank, and other stakeholders to ensure smooth financial operations.
  • Act as the main point of contact for all financial management matters with World Bank.
  • DELIVERABLES

    The Financial Management Specialist will deliver the following:

  • Annual program financial statements.

  • Interim Unaudited Financial Reports (IFRs).
  • Audit reports and implementation of audit findings/recommendations for improvement of the internal controls.
  • Review financial and taxation implications of the tendering documentation and provide input to mitigate financial risks.
  • Prepare Disbursement projections on a quarterly basis based on contract commitments.
  • Perform contract management activities.
  • Monthly activity reports on financial management activities.
  • Updated financial records and reconciliations.
Требования:
  • Higher education degree in economics, accounting, finance, or a related field.
  • At least three years of experience as a Finance Manager, Finance Specialist, and Finance Consultant who was directly involved in FM and disbursement areas of projects financed by IFIs such as the World Bank, Asian Development Bank AIIB
  • At least five years of work experience in finance or accounting roles with any reputable organizations.
  • Fluency in Uzbek and Russian; good knowledge of English is required, with the ability to produce financial management reports in English.
  • Knowledge of National Accounting Standards and International Public Sector Accounting Standards (IPSAS).
  • Proficiency in financial management software, including 1C accounting software.
  • Strong analytical and problem-solving skills.
  • Excellent communication and teamwork abilities.
  • Условия:
  • Deadline for application submission: 14 November 2025
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