Principal Regional Financial Management Coordinator Job at AfDB

The African Development Bank Group (AfDB) is a multilateral development finance institution established to contribute to the economic development and social progress of African countries. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the
African Development Fund and the Nigeria Trust Fund.

Job Title: Principal Regional Financial Management Coordinator (Central Africa) – ORPF-2

Objectives
Duties and responsibilities
  • Plan and prioritize FM work for the entire region (Cameroon, Central African Republic, Chad,  Democratic Republic of Congo, Republic of Congo, Equatorial Guinea, Gabon, Madagascar) and communicate the same to PTLs, Country Managers and the Fiduciary Services Manager
  • Take part in financial management systems and analytical works evaluation missions at the national level as well as other regions, as necessary, and in collaboration with other donors.
  • Take proactive role ensuring “Quality at Entry Work” through supervision of CFMSs in assessing the adequacy of the Borrowers’ project financial management systems and ensuring consistency and quality of FM aspects in project/program documents. The RFMC will also be responsible for selected high-value or particularly complex FM issues
  • Provide technical guidance within the framework of the Bank’s policies and guidelines to PTLs, CFMSs and Executing Agencies with respect to the financial management activities of projects and programs for the region
  • Manage the resolution of complex financial management issues, e.g. in case of differing views between the PTLs and CFMSs and where appropriate through interpretation of related Bank guidelines, international standards, or best practice
  • Provide financial management guidance for the development of technical assistance programs and evaluate and monitor their implementation
  • Carry out the fiduciary aspects of new areas of business and provide relevant information on country specific issues to country units, sector staff and task teams on generic country specific financial management and disbursement issues
  • Supervise, mentor, and coach CFMSs within the region
  • Represent the Bank in regional financial management and other relevant forums

Selection Criteria

  • A minimum of a professional accounting qualification (such as CPA, CA, ACCA, or equivalent) plus a Master’s Degree or its university equivalent  in accounting, business, finance, economic or related subject
  • A minimum of six (6) years of relevant experience, preferably with a donor organization working on public sector financial management
  • Knowledge of International Financial Reporting Standards, International Public Sector Accounting Standards and International Standards on Auditing is a requirement
  • Experience required in designing and assessing internal control systems and procedures using internationally accepted control frameworks such as COSO with the ability to assess such systems and recommend remedial action where necessary
  • Proven ability to conceptualize, design and monitor the implementation of country or sector level financial management capacity building initiatives
  • Demonstrate an understanding of cross-cutting issues beyond financial management (e.g. procurement, governance, public sector management) at sector/country level
  • Willingness and ability to travel frequently in the region
  • Excellent written and verbal communication in French and a working knowledge of English.
  • Competence in the use of Bank standard software (Word, Excel, Access, and PowerPoint).

How to Apply


Click here to Apply Online


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