New Job at The African Development Bank

    Grade: PL-4
    Position N°: 50001316
    Reference: N°ADB/14/
    Publication date: 20/11/2014
    Closing date: 07/12/2014

Objectives
Manage the cash funds of the organization and the receipt, recording and investment of cash from all sources; make disbursements; prepare short- and long-term cash flow plans; decide the level of cash funds required in the short term in various currencies; monitor the organization's portfolio of funds on deposit; purchase and sell currencies to meet the needs determined; invest excess cash funds at the best available interest rates; make banking arrangements; provide technical support to the organization's advisory committee on investments; and complete, record and follow-up on the collections of assessments from Member Governments.

Duties and responsibilities
Under the supervision of the Division Manager, the incumbent will:

•     Provide expert advice to management;
•     Conduct field supervision and preparation of annual supervision reports;
•     Manage and monitor the portfolio in order to maintain its quality and develop appropriate turn-around, work-outs and restructuring proposals;
•     Monitor compliance with reporting requirements,
•     Timely-debt servicing by borrowers and arrears monitoring;
•     Regular desk reviews and preparation of reports for management information;
•     Supervise management information systems;
•     Maintain and schedule disbursement processing; and,
•     Coordinate studies and the recruitment of consultants in related areas.

The incumbent may be requested to carry out tasks in the context of investment finance and other Departmental activities as required.

Selection Criteria

•     At least a Master’s Degree in Business Administration, Finance, Banking or related areas, plus preferably a Bachelor Degree in engineering, finance or economics.
•     A minimum of six (6) years of relevant experience.
•     Ability to build partnerships and deliver results that meet the needs and long-term interest of clients within and outside the institution;
•     Ability to work independently and be creative and innovative;
•     Integrity and ability to work in team;
•     Good listener with demonstrated ability to present and win support for ideas as well as make effective and timely decisions;
•     Competence in the use of Bank standard software (Word, Excel, Access and PowerPoint).
•     Excellent written and verbal communication skills in English and/or French, and preferably with a working knowledge of the other language.