Financial Governance and Compliance Officer

7 days ago


Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank (IsDB) Full time

Responsibilities:

  1. Developing Policies: Develop and update project financial management policy, guidelines, and procedures.
  2. Coordinating with Regional Hubs: Coordinate with regional hubs to address PFM and governance issues in the MCPS, lending operations, analytical work, and advisory services to clients.
  3. Sharing Knowledge: Share knowledge on public and project financial management, as well as major new initiatives, instruments, and requirements of the new policy.
  4. Assisting Clients: Assist clients in understanding their financial management needs and providing guidance on how to improve their financial management systems.
  5. Reviewing Audit Reports: Review audit reports of complex projects to ensure compliance with IDB's financial management policies/guidelines and raise flags in case of any risk.
  6. Leading Initiatives: Lead and/or take a proactive role in ground-breaking initiatives and play a key role in developing innovative practical approaches to difficult policy and operational issues related to financial management at project, program, or country level.
  7. Standardizing Documents: Lead the development of standardized financial management documents (e.g., tools, templates, checklists).
  8. Enhancing Procurement: Enhance the procurement process related to PFM, particularly the terms of reference, for the selection of auditors and financial management consultants for projects.
  9. Preparing Assessments: Prepare country financial accountability assessments over the project cycle of the Bank.


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