
Description
Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org .
The World Bank continues to be a key partner of the Government of Libya (GoL) in support of PFM reforms. This support is provided through technical assistance under the Libya Governance Multi-Donor Trust Fund. The objectives of this TA to date has been to a) improve cash management, b) strengthen financial accountability and c) improve transparency and fiduciary assurance.
In 2020/2021, the World Bank has engaged with Libyan government officials to agree on a unified Budget / Chart of Accounts and a Financial Information Management Strategy. These reforms aim to contribute to enhancing fiscal transparency and accountability of a unified Government of Libya. In June 2021 the WB presented the GoL with options for developing and implementing an Integrated Financial Management Information System (IFMIS) and adopting banking arrangements and processes leading to the phased implementation of a Treasury Single Account (TSA) for the Tripoli Payment Centre. A IFMIS Manual and a Manual of Budget classification and Chart of Accounts were delivered in June 2021. As an immediate next step, the support involves creating an implementation strategy for these reforms with the GoL. In addition, support will continue to be provided in other relevant areas as needed, such as budget formulation, authorization and commitment, treasury and cash management, internal controls, internal audit and risk management, and accountability and oversight institutions.
This support will be provided through an Extended Term Consultant expert in Public Financial Management. The ETC will facilitate and be largely dependent on will and commitment, coordination, and cooperation across stakeholders within the Ministry of Finance.
Objective
The ETC will lead the preparation and provision of technical assistance to Libyan government officials on IFMIS/Chart of Accounts, Budget Processes and Financial controls and other relevant PFM reforms as needed, including on budget formulation, authorization and commitment, treasury and cash management, internal controls and related topics. The ETC will support the prioritization and implementation of such reforms. The assistance will take the form of workshops, just-in-time consultations and guidance notes.
Scope of Work
The ETC will support work in the following areas, among others:
Deliverables
Key Deliverables Will Include, But Not Be Limited To
Selection Criteria
Specific Skills Required
World Bank Group Core Competencies
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.
Note:
The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.


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