Jobs in Dar es Salaam Tanzania Afdb Jobs in Dar es Salaam Senior Financial Management Officer Jobs in Dar es Salaam at Afdb Senior Financial Management Officer Employment opportunities Afdb




Objectives

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 COMPLEX

The Senior Vice-Presidency is responsible for supporting the President in the
day-to-day management of the Bank Group to achieve it strategic objective, and
drive performance culture that will align all processes and systems to deliver
high impact results. The Senior Vice-Presidency will provide effective
leadership and exceptional coordination to ensure implementation and
monitoring of key corporate decisions as well as the identification of
necessary corrective measures and actions. The Senior Vice-Presidency will
lead senior management discussions, decisions-making process and the
implementation of key Board and Management decisions.

THE HIRING DEPARTMENT

The Senior Vice-Presidency supervises the Fiduciary and Inspection Department
SNFI, which is a custodian of the procurement including procurement for
private and public partnership Financial Management profession and has the
following responsibilities i developing and interpreting policy, strategy
and related guidance notes and manuals; ii preparing annual post review
reports on the Bank’s Financial Management and procurement operations for the
Board; iii developing training strategy for internal and external clients;
iv dialoguing with external and global partners with a view to building
partnerships and fostering harmonization; v providing the secretariat for
the Procurement Review Committee PRC; and vi inspecting and reporting on
the performance of procurement and Financial Management activities undertaken
by the regions.

The Senior Financial Management 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 incumbent 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 Senior Financial Management Officer reports administratively to the
Country Manager of Tanzania Office and functionally to the Division Manager-
Financial Management SNFI.4.

THE POSITION

The key responsibilities of the Senior Financial Management 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; and iii quality of advice to both Bank sector and Borrowers staff in countries covered by East Africa Regional Department.
-->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; and iv participating in donors coordination meetings in their areas for promoting better coordination and effective resources mobilization; and
-->Contributing to capacity development of Bank and Borrowers’ FM staff, including i coaching, ii mentoring, iii training and iv upgrading of the skills.


## Duties and responsibilities

Under the oversight and guidance of the Division Manager, Financial
Management, the Senior Financial Management Officer will

1. Take a proactive role in assessing the adequacy of the Borrower’s project financial management systems and their ability to manage and monitor Bank financed projects. This includes budgeting, internal control, treasury management, accounting, financial reporting and external auditing;
2. Attend negotiations and ensure Financial Management issues are taken into account in the loan/grant agreements and other associated documentations;
3. Participate in project/program launching missions to assist the project/program team in developing capacity building of the Executing Agencies in the area of financial management;
4. Carry out supervision work to ensure that projects financial management systems are functioning appropriately, including the periodic review of project financial management reports for financial performance;
5. Review audited financial statements received, monitor the Borrower’s compliance with financial covenants including audit compliance, ensure adequate communication with the Borrower and the project implementing agencies with respect to audits and advise as appropriate;
6. Provide advice and support to Borrowers and the Bank Project Teams on matters affecting financial management and disbursement on capacity building in projects and with public sector accountability institutions;
7. Provide financial management guidance for the development of technical assistance programs and evaluate and monitor their implementation;
8. Assess the selection and recruitment of external independent auditors, ensuring their suitability including their independence, and competence to perform;
9. Play an active role in Country Portfolio Performance Reviews CPPRs /Country Strategy Paper CSPs from the financial management perspective and draft the FM sections of the CPPR/CSP report;
10. In collaboration with other colleagues, undertake Public Financial Management diagnostic reviews;
11. Undertake Financial Management Capacity building in Regional Member Countries and sector departments in the Bank;
12. Participate in fiduciary clinics;
13. Participate in donor coordination meetings within the region and in country dialogue platforms between the country and the donors on the basis of the overall Bank’s strategy to support aid effectiveness; and
14. Undertake other activities, as appropriate, as requested by the Manager, Financial Management.


Selection Criteria

1. Hold a Master’s degree in Accounting, Finance, Business Administration or a related discipline and a Professional Accounting Certification CPA, CA, ACCA, Expert Comptable;
2. Have a minimum of five 5 years of relevant experience in the Bank or similar financial institution, with particular expertise in designing, supporting and implementing financial management operations;
3. Have a sound knowledge of the African Development Bank’s Financial Management Policy and Procedures;
4. Experience in supporting private sector operations banking, auditing, finance, microfinance institutions, agriculture, electricity, water would be an added advantage;
5. Experience in a Multilateral Development Bank, with emphasis on financial management, highly valuable;
6. Experience in the preparation of financial management policy documents;
7. 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;
8. A good understanding of cross-cutting issues beyond financial management e.g. procurement, governance, donors’ practices at sector/country level;
9. Ability to lead highly technical staff and ensure that teams stay organized and focused, and actively seeks and considers diverse ideas and approaches;
10. Strong planning, organization, and time management skills;
11. Excellent analytical skills;
12. Ability to communicate effectively Written and Oral in French or English, with a good working knowledge of the other language; and
13. Competence in the use of standard Microsoft Office Suite applications, preferably SAP and Risk Management Software.



Apply Now Through









URL Link to Apply

[ **Submit your CV and Application on Company Website Click Here**
]https//www.afdb.org/en/vacancies/senior-financial-management-officer-
snfi4-39710

Closing Date 1st January, 2021.



Jobs in Dar es Salaam Tanzania Afdb Jobs in Dar es Salaam Senior Financial Management Officer Jobs in Dar es Salaam at Afdb Senior Financial Management Officer Employment opportunities Afdb


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