Here is the latest job opening at the African development bank. The renowned bank is looking to hire an efficient and result-oriented individual as a Disbursement Assistant.
Key Functions:
The Disbursement Assistant functions will include the following:
Disbursement Transactions Processing:
- Analyze and determine the appropriateness of borrowers’ disbursement requests and the supporting documentation.
- Determine whether they should be approved, reduced or rejected in accordance with Bank’s policies and procedures. This requires the identification of irregularities and non-compliance with Bank procedures and policies, as well as highlighting circumstances for further investigation where the Bank may be exposed to financial risk.
- Review and recommend changes to disbursement systems, policies and procedures to promote timeliness, accuracy and efficiency in processing while maintaining appropriate internal controls.
- Draft clear and concise correspondence to borrowers of operational staff on disbursement-related issues.
- Process special commitment amendments and prepare amendment letters.
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Competencies (skills, experience and knowledge):
- Hold at least a Bachelor’s degree in Accounting or Business Administration.
- Have a minimum of six (6) years of direct relevant experience preferably in accounting in a large organization.
- Familiarity with disbursement policies, guidelines and procedures of multilateral development institutions
- Good understanding of basic general accounting concepts and principles, and their application.
- Analytical, systematic, strong numerical skills, attention to details.
- Ability to plan and coordinate schedules in order to meet tight deadlines
- Good understanding of internal control concepts and business aptitude for figures and attention to detail
- Ability to adopt new policies, systems and processes in a timely fashion.
- Good Client Orientation, Achieving Results and Problem-Solving, Communication and Knowledge Sharing, Innovation and Change.
- Ability to communicate effectively (written and oral) in English or French preferably with a good working knowledge of the other language.
- Proficient in using standard MS Office software (Word, Excel, PowerPoint, Project Knowledge of SAP would be an advantage.
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How To Submit An Application For The Job Opening At African Development Bank
Closing Date: 24th May, 2023
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