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 80 member states, including 54 in Africa (Regional Member Countries). The Bank\u2019s development agenda is delivering 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 \u2013 2022) and ensure greater developmental impact, five major areas (High 5s) have been identified for scaling up, namely; energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa.<\/p>\n
Job Description<\/strong><\/p>\n Job Title:\u00a0Division Manager \u2013 Financial Management<\/strong><\/p>\n THE COMPLEX:<\/strong><\/p>\n The Senior Vice-Presidency complex (SNVP) is responsible for supporting the President in the day-to-day management of the Bank Group to achieve its strategic objective, and drive performance culture that will align all processes and systems to deliver high impact results. The SNVP 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 SNVP leads senior management discussions, decision-making process and the implementation of keyboard and management decisions.<\/p>\n THE HIRING DEPARTMENT:<\/p>\n The SNFI department has four (4) divisions including two (2) for procurement and two (2) for financial management (FM) whose main activities are to provide support to operations complexes for ensuring that project\u2019s fiduciary arrangements comply with Bank Fiduciary (Procurement and FM) policies and procedures and contribute to effective delivery and value for money in Bank-financed projects.<\/p>\n The Financial Management Division is anchored at the Head-Quarters in the Fiduciary and Inspection Department (SNFI) under the Senior Vice-Presidency. The Division provides professional leadership in ensuring high quality performance with respect to compliance with Bank financial management policies and procedures in lending operations; and in ensuring high quality work in diagnostic work and country dialogue designed to support development of budgeting, accounting and reporting, internal control, treasury management and external auditing and overall financial management policies, systems and capacity of member countries.<\/p>\n THE POSITION:<\/p>\n The Manager of the Financial Management Division for North, West and Center regions is anchored at the Head-Quarters and reports to the Director SNFI.<\/p>\n The key objectives of the position of the Division Manager \u2013 Financial Management will be:<\/p>\n Execute the operations\u2019 financial management functions for the Bank by ensuring quality and timely FM advice and provide 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 operational sectors and Borrowers staff; Provide leadership and insight on all aspects relating to financial management (FM); 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 80 member states, including 54 in…..<\/p>\n","protected":false},"author":6721,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[31],"tags":[2027],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2nO32-bZa","_links":{"self":[{"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/posts\/46076"}],"collection":[{"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/users\/6721"}],"replies":[{"embeddable":true,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/comments?post=46076"}],"version-history":[{"count":0,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/posts\/46076\/revisions"}],"wp:attachment":[{"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/media?parent=46076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/categories?post=46076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/tags?post=46076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nProvide leadership assistance in building efficient and reliable financial management institutions in RMCs by providing support to countries\u2019 FM capacity development projects and programs, this includes: (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;
\nContribute to capacity development of Borrowers\u2019 FM staff, including; (i) coaching, (ii) mentoring, (iii) training and (iv) upgrading of the skills. Special attention will be given to soft skills e.g. behavior, attitude and responsiveness.
\nDuties and responsibilities
\nUnder the supervision of the Director \u2013 SNFI, the Financial Management Division Manager will perform the following duties:<\/p>\n
\nSet the division work program and budget including the performance objectives of staff and regularly providing feedback, coaching and performance evaluation thereof;
\nPlan and prioritize FM work and communicate the same to Task Managers, Country Managers and the Regional Operations Manager-Implementation Support ;
\nEnsure effective participation of FM staff in all project cycle activities in his\/her regions, including CSP, preparation, appraisal, supervision and completion missions with a view to ensuring \u201cQuality at Entry Work\u201d and efficient delivery of the operations from financial management perspective ;
\nProvide technical leadership to the financial management function through high quality performance with respect to compliance with Bank financial management policies and procedures in lending operations, including leading the fiduciary risk assessment exercises in the Bank\u2019s financed operations at country and Entities levels to ensure that appropriate risk mitigating measures are incorporated into project\/program design;
\nLead initiatives to prepare Borrower\u2019s public financial management (PFM) Assessment and dialoguing with Borrowers for endorsing and implementing the resulting action plan with a view to building sound PFM systems in RMCs;
\nProvide technical guidance, in particular on high-risk and particularly complex FM issues, within the framework of the Bank\u2019s policies and guidelines to Task teams, Country Financial Management Officers (CFMO) and Executing Agencies with respect to the financial management activities of projects and programs for the region;
\nContribute to the development of FM training strategy and materials for Bank Staff and Borrowers with a view to building financial management capacity for ensuring efficient and effective implementation of projects\/programs financed by the Bank;
\nContribute to the preparation of FM performance reports from regions under his\/her responsibility, and Annual Review Reports on the application of Bank\u2019s FM policies in Bank Funded Operations;
\nPursue the Aid Effectiveness Agenda in supporting the Use of Country PFM Systems in Bank Funded Operations, and facilitating harmonization of Donor practices in his\/her regions;
\nLead the FM aspects of new areas of business and providing relevant information on country generic and specific issues to sector and regional staff;
\nCoordinate the participation of FM staff in donor coordination meetings within his\/her regions, including representing the Bank in regional FM workshops and other relevant forums;
\nSupervise, mentor, and coach FM staff in regions under his\/her responsibility.
\nSelection Criteria
\nHold at least a Master\u2019s degree or its equivalent in Accounting, Finance, Business Administration, Economics or a related discipline;
\nHold a Professional Accounting, External Auditing or Internal Auditing Certification\/Degree (CPA, CA, ACCA, Expert Comptable, IIA\u2026);
\nHave a minimum of eight (08) years of relevant professional experience in designing, supporting and implementing financial management operations in a recognized MDB of which three (03) years in managerial or financial management coordination role;
\nSound knowledge of the African Development Bank\u2019s FM Policy and Procedures or other multi-lateral development Banks\u2019 FM Policy and Procedures or other similar International Financial Institutions
\nExperience in an MDB, with emphasis on financial management;
\nExperience in supporting private sector operations;
\nProven ability to implement country or sector level financial management analytical and capacity building initiatives;
\nAn understanding of cross-cutting issues beyond financial management (e.g. procurement, governance, donors\u2019 practices) at sector\/country level;
\nGood knowledge of International Financial Reporting Standards, International Public Sector Accounting Standards, International Standards on Auditing, International Standards of Supreme Audit Institutions;
\nGood knowledge of key aid effectiveness issues especially harmonization of donors\u2019 practices and alignment to borrowers systems.
\nExcellent analytical skills;
\nDemonstrated intellectual leadership and ability to integrate sector specific knowledge with broader operational strategy and policies and research objectives;
\nDemonstrated ability to coach junior staff;
\nStrong planning, organization, and time management skills;
\nInnovation & Creativity;
\nCommunication;
\nClient Orientation;
\nProblem Solving;
\nTeam working and relationships;
\nOperational Effectiveness;
\nAbility to communicate effectively (written and oral) in French or English with acceptable working knowledge of the other language;
\nCompetence in the use of standard MS office applications (Word, Excel, Access, and Power Point) and preferably SAP.<\/p>\n","protected":false},"excerpt":{"rendered":"