CBA Finance Intern

 

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 in developing countries. 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 as economies grapple with the impacts of the COVID-19 pandemic. For more information, visit www.ifc.org. 

IFC is seeking a Finance intern Budget & Administration Department (CBA), as part of our Global Internship Program (GIP).  The GIP offers highly motivated individuals an opportunity to be exposed to the mission and work of IFC and the broader World Bank Group and become part of the largest private sector development institution in the world. The program encourages individuals to bring new perspectives and innovative ideas to IFC’s work, while improving skills in a diverse and highly stimulating environment. Moreover, the GIP provides a unique opportunity to exchange ideas and networks with international professionals dedicated to ending extreme poverty and boosting prosperity in the developing world.

 

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 and Reporting

•      Real Estate, Facilities & 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

CBA is seeking a dynamic individual to join its vibrant department. The position is based in Washington DC.

Duties and Accountabilities

•      Support the director and the business units in the department with quantitative analyses as key input for their deliverables including board and corporate reporting, periodic forecasts, real estate finance, etc., highlighting trends and issues.

•      Engage with CBA managers and their teams to effectively contribute, and in some cases initiate the drafting of deliverables including management briefs, presentations, reports and carrying out the control checks to ensure high quality products

•      Retrieve and obtain data from various sources and synthesize into coherent robust written concise narratives for senior-level audiences

•      Assist the Director with various Front Office tasks including preparation of various department summary reports

•      Perform other duties as assigned from time to time.

Selection Criteria

•      Candidates must be currently enrolled in a Masters’ degree level program with expected graduation date after December 1, 2022, to be eligible.

•      Field of study in business, finance, economics, or data science related fields. 

•      Relevant work experience in business consulting or investment banking, would be advantageous.

•      The candidate should have the following skills and capabilities:

o    Very good problem solving and analytical skills. Sound judgment, proactive and action oriented, high degree of initiative and ability to work independently with minimum direction.

o    Proven ability to research, analyze, and synthesize information, interpret data, retrieve information from databases.

o    Strong spreadsheet design and manipulation skills; proficiency in using Microsoft Word and Power Point presentation software.  Working knowledge of Tableau, Power BI or similar applications is advantageous.

o    Excellent written and oral communication skills (in English) with the ability to convey information in a clear and concise manner.

o    Strong interpersonal skills and ability to work effectively in a multicultural environment. 

 

“IFC is actively seeking applicants for this internship who identify as African American, as part of our diversity, equity, and inclusion agenda.”

Please refrain from submitting more than three applications to our internship program otherwise your candidacy may be disqualified and rescinded.