CBA Manager, Asia Pacific

Contract

This is a World Bank Group grade: GH contract. More about World Bank Group grade: GH contracts.

CBA Manager, Asia Pacific

Description

IFC - a sister organization of the World Bank and member of the World Bank Group - is the largest global development institution focused on the private sector in emerging markets. We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org.

IFC's Budget & Administration Department (CBA) is part of the Corporate Support Vice Presidency (COSVP) and plays a significant role in achieving IFC’s mission. Department responsibilities include business planning formulation, budgeting, investment and advisory support, reporting & analytics, administration, procurement, facilities management, and global security among others. CBA has the mandate to connect the dots across the organization and bring insight and consistency to IFC’s resource management. Functionally, CBA covers the following areas relative to IFC:

• Total Resource Management including responsibility for the annual Budget Paper • Budget Systems, Reporting & Analytics • Real Estate, Facilities & Operations Procurement • Global Security • Client Facing: Operations, Operational Support and Corporate Support Business Partners

CBA’s service delivery model is intended to deliver higher value for money with more efficient, effective, and professional business finance services to enable sustained business success through effectively supporting delivery of the IFC’s strategy. It also focuses on improving governance to enable better oversight of what and how administrative services are provided and continuing to strengthen the Finance professional workforce with up-to-date skills, knowledge, and experience.

The business-finance service delivery model has the following core roles designed to provide high quality, relevant and consistent services: • Business Partners (client facing): embedded partners focused on decision support and performance oversight leveraged on a strong understanding of business • Centers of Expertise: providing thought-leadership, reporting and analytics, designing business finance policies, practices, and coordinating business finance knowledge management

IFC is seeking a dynamic individual to join CBA’s leadership team as the Manager, Asia Pacific. The position is based in Hong-Kong.

The Manager will serve as strategic adviser to the Asia Pacific Vice President and his leadership team on resource planning for the VPU. He/She will work closely with the VP, Directors, and Managers on issues including business and budget planning and internal controls of the VPU functions. The Manager will also serve as the first senior level point of contact for real estate, procurement, and security matters related to the VPU, liaising with the Centers of Expertise for these areas as needed. At the same time, the Manager will have a corporate responsibility to support our overall corporate goals including standardization, simplification, and automation as part of our service delivery model; and support financial sustainability, resource efficiency and strategic alignment of resources.

The Manager will manage the CBA team supporting the VPU, while working closely with other Managers and the CBA Centers of Expertise. The Manager will be part of the CBA Leadership Team where there is joint responsibility for the implementation of the budget reforms and the service delivery model. This position reports directly to the Director, Budget, and Business Administration.

Duties and Accountabilities

The Manager will be accountable for performing the responsibilities, modeling the behaviors, and maintaining the technical competencies (listed below) in his/her capacity as a member of the CBA leadership team. Accountability means being answerable for managing client service, quality, risks, results, institutional initiatives, and compliance with WBG policies and procedures.

Business Management responsibilities • As part of the CBA Leadership team, contribute to the design and implementation of business finance policies and practices, ensuring a corporate approach to IFC resource allocation and utilization • Maintain robust financial approaches, policies, and procedures to enable the client VPU to run their respective businesses in line with central standards and policies and other corporate expectations • Advocate and drive cost-effective delivery of business finance services, promoting stronger analytical support, transparency, simplicity, standardization, and automation • Lead the implementation of budget reforms within the client VPU, acting as a catalyst for improving cost efficiency and support the VPU to drive selectivity in resource allocations and utilization • Steer the preparation of the client VPU’s business planning deliverables working closely with VPs and line management, ensuring integrated, aligned, and multi-year deliverables, staffing, and resource plans including all sources of revenues and expenses. This will require strong collaboration with IFC’s HR department and other key stakeholders on an ongoing basis. • Partner with line management in the monitoring and evaluation of client VPU’s financial performance •Ensure appropriate fiduciary care is exercised for all funds managed by the client VPU • Lead the review, design, implementation, and maintenance of appropriate internal controls in the client VPU, in full compliance with WBG policies and relevant regulations • Monitor chargeback services where applicable - costs, revenue projections, rate setting and revenue monitoring • Collate projected W requests, as directed, with administrative budget impacts • Working in close collaboration with the Real Estate and Facilities manager, advise and support client VPUs on real estate, facilities, and procurement matters, including assistance in centralizing and escalating regional requests and issues • Ensure that COSVP, CBADR and central COEs are kept abreast of developments in client VPUs/units • Ensure that client VPUs/units are kept abreast of financial constraints and corporate policies, systems, and requirements • Work closely with other CBA and COSVP units to integrate and align messages and deliverables to the client VPU

People/Talent Management responsibilities • Build sustainable skills, particularly in analytics and reporting, and capacity in business finance to effectively support the client VPU on their resource needs • Integrate CBA resources across Asia to maximize efficiency and effectiveness, with a focus on consistency of service and operations • Manage the unit staff, including the recruitment, performance evaluation, mentoring, coaching and career development of staff (in conjunction with other managers, where applicable) • Manage and oversee the engagement and evaluation of technical consultants within the unit, as needed

Resource Management responsibilities • Support the client VPU in managing their budgets • Ensure effective formulation of the client units’ budget proposals, input into budget decisions and supporting the management of the units’ financial resources effectively and efficiently

Business Partnership/Relationship Management responsibilities • Lead as an integrator to build strong links and trust at all levels within and across COSVP, the client VPU and complementing units such as HR and relevant units in the World Bank, to drive results, innovation, and efficiency. • In domain area, provides ongoing representation of the client VPU and outreach to key stakeholders • Balance partnership and support to the business with a strong control environment.

Knowledge Management responsibilities • Identify and communicate business priorities and requirements for enhanced/new processes, practices, programs, and tools to the Center of Expertise (CoE) Managers within CBA • Act as spokesperson to promote and implement resource management processes, practices, policies, programs, and tools designed by CoEs and provide feedback based on client needs • Support CoEs to mainstream solutions across IFC • Work in close partnership with other members of the CBALT to anticipate and resolve problems, and drive innovation and efficiency

Selection Criteria

• Proven commitment to the WBG and IFC mission and strategic priorities. • A relevant advanced degree (e.g., Finance, Accounting, Business, Economics, etc.) and substantial professional experience. Typically, the successful candidate will have a minimum of 12 to 15 years of experience in positions of increasing complexity and responsibility. • Superior understanding of resource management processes, procedures, systems, and policies in IFC. • Experience in multiple resource roles (e.g., corporate budget and/or other support roles, operational support roles) is highly desirable. • Strong strategic thinking, analytical skills and conceptual skills and the capacity to respond quickly, selectively and with flexibility to a wide range of issues. • Excellent understanding of the operating business model of IFC. • Sound organizational skills, ability to multitask, and attend to details while maintaining an overview of unit priorities. • ability to effectively balance client needs with wider corporate interests. • Proven ability to interact effectively with corporate and external counterparts. • Proactive and action oriented. • Excellent written and verbal communication skills. • High degree of professional integrity, discretion, tact, and sensitivity demonstrated maturity and sound judgment and ability to convey complex messages succinctly and diplomatically. • Outstanding interpersonal skills, a team player attitude, and a proven track record of working effectively in a multicultural team environment with staff at all levels. • Superior track record in managing staff either as a Manager or as a Supervisor. • Demonstrated effectiveness in collaboration and proven ability to build common goals while managing diverse views. • Creative problem-solving and flexibility in thinking. • Strong client and business orientation with consultative skills and demonstrated ability to understand, synthesize and define business needs. • Recognized team player who collaborates, works well with others, with the ability to hear others’ ideas and make changes in plans or thinking as a result (as appropriate). • Ability to handle complexity and ambiguity and deal with competing priorities and tight deadlines. • Highly developed personal integrity and ethical values; willingness to risk expressing beliefs about what is right, even in face criticism or disagreement. • Sound business judgment and demonstrated ability to deliver results under stressful timetables and environment. • Ability to develop innovative solutions and challenge the “status quo” to improve processes focused on end results. • Meet Bank Group-wide managerial selection criteria including courage of your convictions, leading the team for impact, influencing across boundaries, fostering openness to new ideas, building talent for the future.

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.