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Policy Officer - Accounting Policy

Washington,DC

About Us

SolomonEdwardsGroup, LLC (“SolomonEdwards”) is a full-service professional services firm offering financial, operational and technology consulting and operations support. We work with some of the world’s most prominent companies to help them envision and achieve a better future. We know that our consulting services are only as meaningful as the people and talent behind them, and we are committed to recruiting incredibly talented, committed, collaborative individuals who can help us deliver exceptional client service. For more information, visit SolomonEdwards

Position Summary:

The client is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions (IBRD, IDA, IFC, MIGA, and ICSID) dedicated to ending extreme poverty, increasing shared prosperity, and promoting sustainable development on a livable planet. With 189 member countries and more than 120 offices worldwide, they work with public and private sector partners to develop solutions to the most urgent global challenges.

The Policy Officer, Accounting Policy plays a lead role in assessing the impact of new and proposed accounting and auditing pronouncements on IBRD’s and IDA’s financial statements, financial operations and governance, and provides accounting policy advice on the accounting and financial reporting implications of existing and potential transactions of the Bank. The Policy Officer also serves as an external audit liaison on policy issues, including serving as an institutional focal point for the external audit policies established by the Board.

As a Policy Officer in the Accounting Policy Unit, you will report to the Head of Accounting Policy for IBRD and IDA.

Part Time – 24 Hours/Week but could go up

Onsite 2-3 Days a Week (Washington, DC)

Essential Duties:

• Monitor External Activities including the FASB, IASB, PCAOB, AICPA, IAASB, and SEC. Participate in formulating IBRD’s and IDA’s position on proposals and may draft public comment letters to external standard setting entities reflecting the Bank’s position.

• Assess Standards for the impact of and prepare policy deliverables for new pronouncements, exposure drafts, and other due process documents. Participate in implementation of applicable final accounting standards.

• Review Financial Statements and Management Discussion and Analysis for IBRD and IDA.

• Accounting Policy Advisory by providing advice and expertise to the units in WFA and to other parts of the Bank on the accounting and financial reporting implications of existing and potential transactions. Participate in the assessments of new products.

• Internal Controls Participate in maintaining an effective system of internal control over the Accounting Policy function through following protocols for documentation and communication. Participate in the annual assessment of the function under the Internal Control over Financial reporting (ICFR) attestation process, including preparing walkthrough materials and providing supporting documentation.

• External Audit Relationships through interaction with external auditors on accounting policies and financial statement disclosure matters

Qualifications:

• Professional accounting qualification (CA, CPA, ACCA or equivalent accounting qualification)

• Bachelor’s in finance, Accounting or relevant discipline

• 5 or more years of experience in financial reporting and analysis, strong knowledge of U.S. GAAP and proficiency with researching accounting literature.

• Preferable: Big Four or equivalent public accounting experience is highly desirable

Skills and Job-Specific Competencies:

• Demonstrated strong technical accounting skills

• Excellent oral and written communication skills in English

• Demonstrated ability to manage effectively tasks of diverse sizes, from small to complex, and competing demands in a timely manner

• Proven ability to work in a team environment

• Strong knowledge of and experience with internal controls over financial reporting

Travel Requirements: No travel will be required, unless at the client's discretion.

Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be provided to qualified applicants or candidates with disabilities upon request to enable them to perform essential functions. This role may require mobility to attend in-person meetings, sitting or standing for extended periods, and the use of telephone, computer, or other electronic communication devices.

Salary Range: SolomonEdwards values your unique and individual experience and background. As such, we take a comprehensive approach when determining compensation for our roles. The compensation for this specific role is based on a wide range of factors, including but not limited to, education, licensure and certifications, location, experience, and training. A reasonable estimate for the current hourly range for this role is up to $110-115hr.

Benefits: We are committed to providing health and financial stability by offering a comprehensive suite of benefits.

Benefits include access to top-tier employers and job opportunities, health insurance, sick leave, and 401(k).

Inclusion and Diversity Statement: SolomonEdwards is an Equal Opportunity/Affirmative Action employer. We firmly believe in fostering an inclusive and diverse workplace environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, veteran status, or any other characteristic protected by applicable laws. All employees, including managers and supervisors, are responsible for upholding our EEO and diversity principles. Discrimination or harassment of any kind will not be tolerated.

We value the contribution and wisdom of the team. At SolomonEdwards, we have built a vibrant and inclusive community. Our team members are curious, committed, and diverse. In keeping with our mission to build value through people, we cultivate a culture where differences are celebrated, and all members are treated fairly and equitably. Employees, business partners, and our extended stakeholder family are empowered to share their experiences, ideas, and perspectives; and to be their whole selves.

Privacy: We adhere to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. Copy/paste this URL to learn more about your rights: SolomonEdwards' Privacy Policy.

Our Recruiter Promise: Our talent acquisition team prioritizes integrity, professionalism, and transparency in every interaction. When you engage with SolomonEdwards, you can trust a respectful, secure experience from verified contacts. Copy/paste this URL to learn more about how we protect your candidate experience: Recruiter Promise.

Job Ref: 141831