AFDB Recruits Senior Financial Management Specialist

Posted on :

16 Jun, 2014

Category :

Banking Jobs in South Africa, Finance Jobs in South Africa

The Procurement and Fiduciary Services Department reports to the Vice President, Country and Regional Programs &
Policy (ORVP). 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.


Duties and Responsibilities:

The Senior Management Specialist will be based in Pretoria, South Africa and will report to the Manager, Fiduciary
Services and will be supervised by the Regional Financial Management Coordinator based in Pretoria, South Africa.
He/she is expected to work with a team of Financial Management Specialists (FMS) within the Southern Africa Region
(Botswana, Lesotho, Namibia, South Africa, Swaziland, Zimbabwe, Angola, Madagascar, Malawi, Mauritius,
Mozambique and Zambia) in conducting (i) national or sector level fiduciary diagnostic work; (ii) operational support
missions at the request of Project Team Leaders (PTL) throughout the project cycle; and (iii) 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:

 Plan and prioritize FM work for assigned countries and communicate the same to Project Team Leaders,
Country Managers, Regional FM Coordinator and the Fiduciary Services Manager.
 Take proactive role ensuring “Quality at Entry Work” in assessing the adequacy of the Borrowers’ project
financial management systems and ensuring consistency and quality of FM aspects in project/program
 Provide technical guidance within the framework of the Bank’s policies and guidelines to Project Team Leaders
and Executing Agencies with respect to the financial management activities of projects and programs for the
assigned countries.
 Manage the resolution of financial management issues, through interpretation of related Bank guidelines,
international standards, or best practice.
 Provide financial management guidance for the development of technical assistance programs and evaluate
and monitor their implementation.
 Carry out the fiduciary aspects of new areas of business and provide relevant information on country specific
issues to country units, sector staff and task teams on generic country specific financial management and
disbursement issues.
 Represent the Bank in regional financial management and other relevant forums.


Selection Criteria:
 A minimum of a Master’s Degree or its university equivalent in accounting, business, finance, economic or related subject.
 A professional accounting qualification (such as CPA, CA, ACCA, Expert Comptable or equivalent) will be an advantage.
 A minimum of five (5) 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 Portuguese and a working knowledge of English or French.
 Competence in the use of Bank standard software (Word, Excel, Access, and PowerPoint).


Click here to apply online

Only applicants who fully meet the Bank’s requirements and are being considered for interview will

be contacted. Applicants will only be considered if they submit an online application, and attach a
comprehensive Curriculum Vitae (CV). The President, AfDB, reserves the right to appoint a candidate at a
lower level. The African Development Bank is an equal opportunities employer and female
candidates are strongly encouraged to apply

Position: Senior Financial Management Specialist
Grade: PL-5
Closing Date: 02 July 2014
Department/Division: Procurement and Fiduciary Services Department (ORPF)
Fiduciary Services Division (ORPF2) Supervisor’s Title:
Manager, Fiduciary Services Division:  (ORPF2)

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