Senior Finance Officer: Treasury (AfCFTA) - African Union



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Senior Finance Officer: Treasury (AfCFTA) - African Union





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1. Patiently scroll down and read the job description below.

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Purpose of Job

To manage treasury functions and process payments in accordance with African Union Financial Rules.

Main Functions

  • Prepare and develop reports, budgets and work programs related to the operation of the AfCFTA
  • Provide support for the development of the resource mobilization strategy with stakeholder coordination
  • Conducts complex analysis and generates timely and accurate reports for internal organizational use
  • Prepares departmental budgets in accordance with relevant frameworks
  • Ensure that all payments are authorized and legitimate supporting documentation are provided;
  • Coordinate SAP enhancement projects under the Financial Management Unit of Directorate of Finance;
  • Manage and improve the procedures and controls in relation to the timely processing of all payments;
  • Monitor, analyze, and manage open items; monitors and reports status of open items to supervisor.


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Specific Responsibilities

  • Oversee electronic cash receipt and cash disbursement processing and accounting
  • Prepare daily cash positioning activities including managing daily liquidity, cash position reconciliation and bank reporting
  • Maintain an efficient system of policies and procedures that impose an adequate level of control over treasury activities and provide support for regulatory reporting;
  • Ensure compliance with Staff Rules and Regulation and Financial Rules;
  • Conduct careful and thorough investment research and make specific investment recommendations to the Director of Finance and the Secretary-General;
  • Manage AfCFTA investments and relationships with various Financial Institutions;
  • Perform responsible and complex treasury management activities. 
  • Perform cash flow analysis for cash management decisions
  • Lead Financial Management Unit within AfCFTA
  • Analyze problems/issues and recommend alternative solutions.
  • Manages and supervises staff under his/her supervision with respect to organization and performance evaluation
  • Manage and participate in the development and implementation of goals, objectives, policies, and priorities for assigned programs; recommend and administer policies and procedure
  • Contributes to the development of strategies, policies, programs, and plans
  • Respond to internal/external audit observations and implement successfully audit recommendations;
  • Lead in identifying cash management risk and developing mitigating strategies
  • Perform any other function as may be assigned by the Head of the Division.
     

Academic Requirements and Relevant Experience

  • A master's degree in finance, accounting, banking and finance, business administration or a related field with Seven (7) years of relevant work experience of which three (3) years at the supervisory level.

Or

  • A bachelor's degree in finance, accounting, banking and finance, business administration or related field with Ten (10) years of relevant outside work experience of which three (3) years at the supervisory level
  • A professional qualification such as CPA, CA, ACCA, CIMA, Expert Comptable or equivalent is an added advantage.
  • Hands-on experience in managing and establishing treasury and disbursement functions.
  • Experience in managing and processing payments.
  • A sound and detailed knowledge of financial rules/policies of public/international organization.
  • In-depth experience in managing investments and Special Funds.
  • Experience working with enterprise resources management (ERP) systems, particularly SAP.
     


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Required Skills

  • Ability to establish and maintain effective partnerships and working relations both internally and externally in a multi-cultural, multi-ethnic environment, with sensitivity and respect for diversity, including gender balance
  • Ability to assist in developing clear program goals, plans and actions that are consistent with agreed strategies and to appropriately delegate, monitor and adjust these plans and actions
  • Ability to produce clear and professional reports
  • Proficiency in one of the AU officials working languages (Arabic, English, French, Kiswahili, Portuguese and Spanish) and fluency in another AU language(s) is an added advantage;
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Disclaimer

  • Do not pay any fee to any Recruiter.
  • The Recruiter may amend, delete or expire jobs at any time without notification.
  • The Recruiter reserves the right not to proceed with filling the position.
  • An application will not in itself entitle the applicant to an interview.

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