Project Finance Manager

2 weeks ago


Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

We are seeking a highly skilled Project Finance Manager to join our team at the Islamic Development Bank.

About the Job

In this role, you will be responsible for ensuring the integrity of our operations transactions by developing policies, guidelines, procedures, and tools. You will also provide support to enhance the adequacy of financial management systems in our operations and assist Member countries in developing their project financial management systems.

You will develop and disseminate knowledge and best practices in projects and public financial management, promoting consistent improvement in the practice area. Additionally, you will create awareness and build capacity among staff on issues related to project financial management.

Your responsibilities will include conducting assessments of public financial management systems and their interaction and impact on IsDB operations.

Key Accountabilities
  • Policymaking and Operational Planning
  1. Develop and update project financial management policy, guidelines, and procedures.
  2. Review IDB's policies and procedures to ensure consistency with project financial management policies.
  3. Promote knowledge sharing on public and project financial management and major new initiatives.
  4. Enhance the procurement process for PFM, particularly terms of reference for auditors and financial management consultants.
Capacity Building and Knowledge Sharing
  1. Develop necessary controls to detect unusual occurrences as part of an early-warning system.
  2. Prepare country financial accountability assessments over the project cycle.
  3. Facilitate cooperation with other development partners in public financial management and governance.
Professional Qualifications and Skills
  • Bachelor's degree in Finance, Economics, Business Administration, or a related field.
  • Minimum 8 years of relevant experience in project finance, auditing, risk management, or a related field.
  • CPA, CA, CMA, or any relevant accounting certification preferred.

Proficient project management knowledge and project cycle.

Proficient understanding of operational policies, guidelines, and procedures.

Proficient knowledge of project financial management.

Proficient ability to work with different stakeholders.

Advanced report writing skills.



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