Senior Financial Accountant Job opening at African Development Bank Group (AfDB)

 

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 Financial Accountant, FIFC1

Location: Abidjan, Cote d'Ivoire

Role Responsibilities:

As the Senior Financial Accountant, you will –  

• Participate in the preparation, technical review and analysis of Bank Group and various Trust and Special Fund financial statements including management reporting and other ancillary documents.
• Ensuring that monthly, quarterly, and annual financial reporting is accurate, timely, and in compliance with IFRS and/or internal reporting requirements.
• Identify trends and/or potential inconsistencies through critical review of data and fact patterns.
• Assessing the Bank’s financial position and results in the context of market movements.
• Specifically, monitor the interest, foreign exchange, and credit risk exposures of all financial instruments used by the Bank, including those in the loan, investment, and the borrowing portfolios.
• Represent the Division in various Bank-wide working groups as assigned by the Manager
• Research accounting issues and interpret accounting standards in coordination with the Accounting Policy team to ensure timely and accurate application of existing and new accounting guidance.
• Assisting in the implementation of new and/or revised accounting standards as applicable to the Bank.
• Working closely with counterparts from other business units within the Bank on financial reporting, accounting, internal control, and external audit activities.
• Provide ongoing technical accounting guidance, including proactively participating in the structuring of complex financial transactions including significant credit risk transfers and communicating financial statements implications to Management.
• Interacting with external auditors on audit queries and financial statement disclosure matters.

 

Required Qualifications:

• Hold a minimum of a master’s degree or its equivalent in Accounting, Finance, Business Administration with an internationally recognized professional qualification in Accounting/Auditing (e.g. “Expert computable” /Chartered/Certified Public Accountant designation).
• A minimum of five years relevant practical experience in the implementation of accounting standards in an internationally recognized professional accounting firm or an International Financial Institution.
• Proven experience in statutory and management reporting for financial institutions.
• Excellent grasp and knowledge of International Financial Reporting Standards (IFRS) and leading its application and providing high level professional advice on the financial implications of complex transactions.
• Proven knowledge of one or more complex, highly integrated accounting systems and financial reporting tools.
• Ability to prepare financial statements within deadlines reflecting impact of complex transactions and performing an analysis of the key metrics, reaching conclusions, submitting actionable recommendations and persuading superiors on outcomes.
• Proven experience and demonstrable ability to operate effectively in a matrix management environment mainly as a team member and as team leader when required.
• Demonstrable ability to lead a team of professionals in the preparation of financial statements.
• Ability to deal sensitively in multi-cultural environments and build effective working relations with internal and external clients and colleagues.
• Strong communication skills with ability to explain complex concepts and express views/opinions articulately and confidently to all levels of the organization, in written and oral form, in a persuasive manner.
• Proactive, innovative, with an open and collegial work style and ability to listen and integrate ideas from diverse views, create partnerships, and collaborate with others while maintaining individual responsibility.
• Collaborative work style with ability to work effectively within teams and across boundaries. Able to give own perspective and willing to receive diverse perspectives, appropriately involves others in decision making and communicates with key stakeholders and approach conflicts as common problems to be solved.
• Ability to actively seek and consider diverse ideas and approaches.
• Experience or demonstrable ability to lead and develop innovative solutions, contribute new insights to understand situations and develop solutions to resolve complex problems.
• Demonstrate understanding of the functions and operations of pertinent IT systems and applications. Ability to identify and/or lead opportunities for IT improvements to meet changing business needs and coordinate with IT professionals to design and implement new systems/applications as appropriate based on understanding of the business.
• Competence in the use of Bank standard software applications (Word, Excel, Access and PowerPoint).
• Good working knowledge of SAP4/HANA, specifically in the area of Accounting, Finance and Treasury is desirable.
• Certification in one or more SAP modules (preferably FI-MM) is an advantage.

 

Application Deadline:

September 5^th, 2020

 

Application Guidelines:

To apply, click on the link below. 

https://bit.ly/2QQrcSE