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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: Chief Regional Financial Management Coordinator-Central African Region
Finance, Accounting, Audit
The Procurement and Fiduciary Services Department reports to the Vice President, Country and Regional Programs & Policy ORV. The Department supports the Sector Departments in project cycle activities and in monitoring compliance in fiduciary safeguards related to the financial management of projects and programs on the one hand and procurement activities on the other. In addition, it is also responsible for engaging in framing financial management and procurement policies guidelines and rules. The Department is also mandated to provide training to Borrowers and to Bank staff relating to financial management and procurement. The Fiduciary Services Division ORPF2 is responsible for all financial management issues. It has an increasing country presence through a growing network in 34 field offices.
Duties and Responsibilities
The Regional Financial Management Coordinator, RFMC will be based in the Yaounde, Cameroon and will report to the Manager, Fiduciary Services and will be supervised administratively by the Resident Representative. He or she is expected to lead a team of Country Office based Financial Management Specialists CFMS within the Central Africa Region in conducting
national or sector level fiduciary diagnostic work;
operational support missions at the request of Project Team Leaders, PTL throughout the project cycle;
technical support to improve borrowers’ financial management systems, including support for designing lending operations that focus on FM reform, development. Other specific duties and responsibilities include:
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 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