Senior Finance Officer (Treasury) At AfCFTA

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

Purpose of Job:

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

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

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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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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

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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.

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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.

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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.

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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