Senior Finance Officer (Treasury) At AfCFTA

African Union

There is a job vacancy for the role Senior Finance Officer (Treasury) At AfCFTA.

Purpose of Job:

To manage treasury function 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 the investment of AfCFTA excesses funds in accordance AU Financial Rules;
  • Manage and improve the procedures and controls in relation to the timely processing of all payments;
  • Monitor, analyse, 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 recommendation;
  • Lead in identifying cash management risk and developing mitigating strategies
  • Perform any other function as may be assigned by the Head of Division.
See also  Deputy Secretary General At AfCFTA

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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.

Remuneration:

  • Indicative basic salary of US$  37,453.00 (P3 Step1) per annum plus other related entitlements e.g. Post adjustment (57% of basic salary)
  • A Housing allowance of US$ 21,832.68 (per annum), and education allowance (100% of tuition and other education-related expenses for every eligible dependent up to a maximum of US$ 10,000.00 per child per annum)
  • For internationally recruited staff and a maximum of $3,300 per child per annum for locally recruited staff.

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How To Submit An Application For Senior Finance Officer -Treasury At AfCFTA

Submit Here

See also  Chief Procurement Officer (AfCFTA)

Deadline: April 17, 2023

Only candidates who have met all the requirements of the post and have been selected for an interview will be contacted.

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