African Development Bank Group (AfDB) was Established in the year 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’s development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth. The Bank is seeking to build a management team that will lead the successful implementation of this vision.
They are actively recruiting for the position below.
Role Title: Senior Disbursement Assistant, FIFC.3
Location: Abidjan, Cote d'Ivoire
Role Responsibilities:
As the Senior Disbursement Assistant, you will –
- Analyze and determine the appropriateness of borrowers’ requests for disbursements and the supporting documentation.
- Determine whether they should be approved, reduced or rejected in accordance with Bank’s policies and procedures. This requires the identification of irregularities and non-compliance with Bank procedures and policies, as well as highlighting circumstances for further investigation where the Bank may be exposed to financial risk.
- Review and recommend changes to disbursement systems, policies and procedures to promote timeliness, accuracy and efficiency in processing while maintaining appropriate internal controls.
- Draft clear and concise correspondence to borrowers of operational staff on disbursement-related issues.
- Processing special commitment amendments and prepare amendment letters.
- Respond to questions from Task Team Leaders, borrowers, commercial banks, and suppliers on payments, balances, and application status.
- Cooperate with concerned departments and stakeholders to resolve disbursement issues promptly.
- Monitoring borrowers’ utilization of special account funds, ensuring that the funds are properly accounted for and used in accordance with Bank procedures.
- Participate in loan disbursement missions to verify use of resources and resolve disbursement issues.
- Contributing to improving the efficiency of disbursement operations by ensuring that records and reports are always properly maintained and updated.
- Participate in technical discussions and loan negotiations to ensure that disbursement arrangements are compliant with Bank Group disbursement policies.
- Providing input on audit reviews, and monitor borrower compliance with audit findings, as requested by the Disbursement Officer.
Required Qualifications:
- Hold minimum of a bachelor’s degree or its equivalent in Accounting or Business Administration.
- A minimum of five years of direct relevant experience preferably in accounting in a large organization.
- Familiarity with disbursement policies, guidelines and procedures of multilateral development institutions
- Excellent understanding of basic general accounting concepts and principles, and their application.
- Analytical, systematic, strong numerical skills, attention to details.
- Ability to plan and coordinate schedules in order to meet tight deadlines
- Excellent understanding of internal control concepts and business aptitude for figures and attention to detail
- Ability to adopt new policies, systems and processes in a timely fashion.
- Excellent Client Orientation, Achieving Results and Problem Solving, Communication and Knowledge Sharing, Innovation and Change.
- Ability to communicate effectively (written and oral) in English or French preferably with a good working knowledge of the other language.
- Ability to communicate (Oral) in Portuguese would be an advantage.
- Competence in the use of standard MS Office software (Word, Excel, PowerPoint, Project Knowledge of SAP would be an advantage.
- Certification in one or more SAP modules (preferably FI-MM) will be an added advantage.
Application Deadline:
September 13th, 2020
Application Guidelines:
To apply, click on the link below.
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