x2 Financial Management Operations Officer positions at African Development Bank: APPLY NOW!
Financial Management Operations Officer
THE BANK:
Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 81 member states, including 54 in Africa (Regional Member Countries). The Bank’s development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth.
In order to sharply focus the objectives of the Ten Year Strategy (2013 – 2022) and ensure greater developmental impact, five major areas, all of which will accelerate our delivery for Africa, have been identified for scaling up, namely; energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa. The Bank is seeking to build a management team that will lead the successful implementation of this vision.
The Financial Management Operations Officer is responsible to ensure that financial management of Bank-financed projects are compliant with the Bank’s financial management policy. This is done by advising on financial management arrangements and reviewing financial management decisions within the project/program operations cycle from the identification to completion stages.
The Financial Management Operations Officer also contributes to the preparation of the Bank’s Country Strategy Paper, and to building Public Financial Management (PFM) capacity of Borrowers which includes training of Borrower staff, advising on project related financial management matters, and assessing and strengthening the Borrower’s PFM systems.
THE FINANCIAL MANAGEMENT OPERATIONS OFFICER POSITION:
The key responsibilities of the Financial Management Operations Officer are:
- Ensuring quality and timely FM advice and providing support to projects activities, including: (i) quality of Financial Management (FM) activities in the region; (ii) timeliness of responses on all FM issues; (iii) quality of advice to both Bank sector and Borrowers staff in countries under his responsibilities
- Executing the operations fiduciary function for the Bank in projects and programs that it finances , including through: (i) conducting country, sector and project level FM assessments and related capacity development action plans; (ii) providing FM-related support for country dialogue; (iii) supporting development of regional professional FM networks; (iv) participating in donors coordination meetings in their areas for promoting better coordination and effective resources mobilization
- Contributing to capacity development of Bank and Borrowers’ FM staff, including (i) coaching, (ii) mentoring, (iii) training and (iv) upgrading of the skills.
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FINANCIAL MANAGEMENT OPERATIONS OFFICER COMPETENCIES (skills, experience and knowledge)
- Hold a Master’s degree in Accounting, Finance, Business Administration or a related discipline
- Be a Qualified professional accountant (CPA, CA, ACCA, DEC – Diplôme d’Expertise Comptable, or equivalent membership of an internationally recognized professional accountancy body)
- Have a minimum of six (6) years of relevant experience in the Bank or similar financial institution, with particular expertise in designing, supporting and implementing financial management operations;
- Have a sound knowledge of the African Development Bank’s Financial Management Policy and Procedures;
- Experience in supporting private sector operations (banking, auditing, finance, microfinance institutions, agriculture, electricity, water) would be an added advantage;
- Experience in a Multilateral Development Bank, with emphasis on financial management, highly valuable;
- Experience in the review of financial management policy documents;
- Expert knowledge of International Financial Reporting Standards (IFRSs) and International Standards on Auditing (ISAs). Knowledge of International Public Sector Accounting Standards (IPSASs) and the International Standards of Supreme Audit Institutions (ISSAIs);
- A good understanding of cross-cutting issues beyond financial management (e.g. procurement, governance, donors’ practices) at sector/country level;
- Strong planning, organization, and time management skills;
- Excellent analytical skills;
- Ability to communicate effectively (Written and Oral) in French or English, with a good working knowledge of the other language;
- Competence in the use of standard Microsoft Office Suite applications including SAP.
Checkout the Financial Management Operations Officer positions below:
| Senior Financial Management Operations Officer | LP5 | Bamako, Mali & Ouagadougou, Burkina Faso | 11-Dec-2023 | 10-Jan-2024 |
| Principal Financial Management Operations Officer | PL4 | Abidjan, Côte d’Ivoire | 07-Dec-2023 | 06-Jan-2024 |
THIS FINANCIAL MANAGEMENT OPERATIONS OFFICER POSITION IS CLASSIFIED INTERNATIONAL STATUS AND ATTRACTS INTERNATIONAL TERMS AND CONDITIONS OF EMPLOYMENT.
Should you encounter technical difficulties in submitting your application, please send an email with a precise description of the issue and/or a screenshot showing the problem to: HR Direct HRDirect@AFDB.ORG(link sends e-mail)
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Visit our social media pages on LinkedIn and Facebook
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