African Development Bank Chief Regional Financial Management Coordinator Job Vacancy In Ghana

Job
Description

Objectives
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. 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/she is expected
to lead a team of Country Office based Financial Management Specialists (CFMS)
within the Central Africa Region 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 the entire region (Cameroon, Central African
    Republic, Chad,  Democratic Republic of Congo, Republic of Congo,
    Equatorial Guinea, Gabon, Madagascar)
    and communicate the same to
    PTLs, Country Managers and the Fiduciary Services Manager
  • Take
    proactive role ensuring “Quality at Entry Work” through supervision of
    CFMSs in assessing the adequacy of the Borrowers’ project financial
    management systems and ensuring consistency and quality of FM aspects in
    project/program documents. The RFMC will also be responsible for selected
    high-value or particularly complex FM issues
  • Provide
    technical guidance within the framework of the Bank’s policies and
    guidelines to PTLs, CFMSs and Executing Agencies with respect to the
    financial management activities of projects and programs for the region
  • Manage
    the resolution of complex financial management issues, e.g. in case of
    differing views between the PTLs and CFMSs and where appropriate 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
  • Supervise,
    mentor, and coach CFMSs within the region
  • Represent
    the Bank in regional financial management and other relevant forums
Selection Criteria
Including
desirable skills, knowledge and experience
  • 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 six (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)
How
to Apply
Submit
your CV and Application online
: Click Here
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