Director of Budget and Business Administration at IFC

IFC is seeking a dynamic individual for the position of the Director, Budget and Business Administration (CBA Director), reporting directly to the Vice President, Corporate Support. The CBA Director will lead IFC’s budget planning, allocation and utilization, as well as internal controls – ensuring resource efficiency and strategic alignment of resources.  The CBA Director will also oversee IFC’s global real estate and procurement matters.

Duties and Accountabilities:

1. Resource Management:

   • Oversee planning, allocation, and utilization of IFC’s budget resources and ensure alignment between strategy and resources. This includes leading IFC’s annual business plan and budgeting process, monitoring and reporting on expenses to draw insights and ensuring proper control and oversight of IFC’s total resources ($2.1 billion for fiscal year 2025) in support of strategic objectives.
   • Direct the design and implementation of business finance policies and procedures, ensuring a consistent approach across IFC.
   • Steer regular monitoring and evaluation of IFC’s budget performance to ensure appropriate fiduciary care is exercised for all IFC’s budget resources.
   • Establish and maintain appropriate financial controls in line with WBG and IFC-specific corporate standards, policies, and procedures.
   • Advocate for and drive operational excellence and efficiency across all department functions and services, promoting transparency, consistency, simplicity, innovation, standardization, and automation while providing high-quality services to internal clients.
   • Drive the implementation of the one WBG global real estate and facilities management standards, including workplace and space standards, policies, and processes.
   • Ensure that the real estate strategy aligns with and supports IFC’s strategic business direction and global footprint goals in close collaboration with senior leadership and business operations.
   • In partnership with IBRD counterparts, oversee ongoing management of IFC’s facilities portfolio in a safe, healthy, secure, sustainable, efficient, and cost-effective manner. Ensure sustainability considerations are integrated into every aspect of IFC’s global real estate portfolio.
   • Oversee the IFC procurement and administration functions in close collaboration with IBRD counterparts.

2. People/Talent Management:

   • Manage the department staff and consultants, including recruitment, performance evaluations, mentoring, coaching, and career development.
   • Deploy and integrate CBA staff and resources across HQ and the region to maximize efficiency and effectiveness, with a focus on consistency of quality and timeliness of service.

3. Business Partnership/Relationship Management:

   • Build and maintain strong links and trust at all levels within and across IFC and relevant units in IBRD/IDA and MIGA to drive results.
   • Manage relationships and regular reporting to the Board, Budget Committee, and other Committees where applicable.

4. Knowledge Management:

   • Develop, capture, and disseminate applicable best practices across IFC.

Selection Criteria:

• Master’s degree in Business Administration, Finance, or other relevant discipline with a minimum of 15 years’ experience, or equivalent combination of education and experience.
• Excellent knowledge and understanding of budgeting concepts.
• Substantive experience in a senior managerial finance position. Proven ability to set strategic direction and enact change.
• Proven ability to recruit, develop, and retain high-potential talent.
• Strong record of leadership and empowering and delegating to managers and teams. A natural” at mentoring and coaching.
• Ability to build effective partnerships with senior leaders.
• Superior reporting skills to Board-level stakeholders.
• Experience dealing with external auditors.
• Track record of driving innovation, simplicity, and efficiencies.
• International experience is advantageous.