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  • Posted: Sep 28, 2021
    Deadline: Oct 26, 2021
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    The African Development Bank Group (AfDB) is a multilateral development finance institution established to contribute to the economic development and social progress of African countries. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. The AfDB’s missi...
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    Country Economist

    Position Number: 50070214
    Location: Central African Republic
    Position Grade: PL5

    The Complex

    • The Chief Economist / Vice-President for Economic Governance and Knowledge Management is the Bank’s spokesperson on economic matters and the Vice-President for the ‘Economics Governance and Knowledge Management Complex’. The Complex is responsible for:
      • Providing leadership and visibility for the Bank on economic, finance, financial governance and socio-economic development issues; and coordinate the generation of analytical works to inform operational policy;
      • Systematically emphasize the critical role of knowledge, experience, lessons learnt and their tangible impact on sustainable, inclusive transformation of African economies. 

    The Position

    • The Senior Country Economist for Central African Republic will focus on macroeconomic work to deepen country knowledge and policy dialogue, preparation of Economic Sector Works and lead / participate in the preparation of Country Strategy Papers and related products.

    Key Functions
    Under the supervision and guidance of the Director, Country Economics Department, and the Lead Economist for Central Africa the Country Economist will:

    • Analyse the economic and financial situations of assigned Regional Member Countries, using internal and external information sources, and determine the implications for the programming and updating of Bank Group operations such as defined in the Country Strategy Paper.
    • Examine the impact of Bank Group operations, in the countries concerned, of regional economic integration programmes and make recommendations on the role of the Bank Group in assisting regional integration initiatives.
    • Participate in the policy dialogue with Government authorities, development partners, and other stakeholders.
    • Prepare Economic and Sector Work and papers on relevant economic and financial issues in the development process and other country economic tasks such as the Country Policy and Institutional Assessment (CPIA), Country Resilience and Fragility Assessment (CRFA), and Country Risk Rating exercises.
    • Prepare Bank Group flagship reports including Country Notes for the African Economic Outlook and provide inputs for the Regional Economic Outlook.
    • Contribute to the identification, preparation, evaluation, and monitoring of the implementation of macroeconomic programmes.
    • Prepare Country Diagnostic Notes and Regional Diagnostic Notes to inform the preparation of Country Strategy Papers and Regional Integration Strategy Papers.
    • Prepare Country Strategy Papers, participate in the preparation of Regional Integration Strategy Papers, and related products.
    • Maintain effective communication with the sector departments and other relevant units in the Bank to ensure a coordinated approach in the preparation of knowledge products in the assigned countries.
    • Participate in Country and Regional Portfolio Reviews.
    • Contribute to improvements in operational efficiency through peer review of Bank Group project/operation documents and knowledge products.
    • Participate in the preparation and monitor implementation of measures under budget support operations, Institutional Support Projects, Technical Assistance, and Advisory Services.
    • Participate in aid coordination activities with bilateral and multilateral donors, with emphasis on promoting the co-financing of projects and programmes and coordinated non-lending work.
    • Participate in the preparation of the department’s and Country Office budget and in the recruitment of consultants; prepare annual and triennial lending programmes and briefs on economic reform and institutional support programmes.
    • Provide background research papers on a variety of economic topics for management discussions, decision meetings, corporate reporting, flagship publications, and client-facing interactions. 
    • Participate in the preparation of the pipeline and lending programs
    • Develop and build client relations at various levels and play a promotional role in generating new business for the Bank.

    Competencies (Skills, Experience and Knowledge)

    • Hold at least a Master's degree in Economics or other relevant fields or related disciplines.
    • Have a minimum of five (5) years of relevant experience in an International Organization or in other reputable institutions, working on African Development Issues country strategy papers preparation and. Other related documents
    • Having private sector experience will be an added advantage.
    • Good grasp of the developing countries issues, and solid experience in macroeconomic management issues and the economics of development - understands policymaking processes and can synthetize operationally relevant recommendations/lessons.
    • Solid technical and quantitative skills as an applied development macroeconomist and a proven record in delivering high quality and technically sophisticated analytical work.
    • Good knowledge of portfolio management and demonstrated knowledge of economics and analytical skills
    • Proven sense of initiative, results orientation, as well as effective teamwork skills, strong integrative skills, and ability to work effectively across sectors.
    • Strong experience in policy dialogue, as well as fragility assessment knowledge and skills.
    • Strong analytical and organizational skills and ability to deliver results on time.
    • Problem solving capabilities coupled to innovation skills and change management.
    • Drive for results – able to take personal ownership and accountability to meet deadlines and achieve agreed-upon results.
    • Excellent verbal and written communication skills in French or English, with a good working knowledge of the other language.
    • Competence in the use of standard Microsoft Office Suite applications.

    go to method of application ยป

    Lead Financial Management Policy Officer

    Position Number: 50093679
    Location: Abidjan, Cote d'Ivoire
    Position Grade: PL2

    The Complex

    • The Senior Vice-President is responsible for supporting the President in the day-to-day management of the Bank Group to achieve it strategic objective, and drive performance culture that will align all processes and systems to deliver high impact results.
    • The Senior Vice-President will provide effective leadership and exceptional coordination to ensure implementation and monitoring of key corporate decisions as well as the identification of necessary corrective measures and actions.
    • The Senior Vice-President will lead senior management discussions, decisions-making process and the implementation of key board and management decisions.

    The Hiring Department / Division

    • The Senior Vice-President supervises the Fiduciary Services and Inspection  Department, which acts as the custodian of the procurement (including procurement for private and public partnership) and financial management profession, and has the following responsibilities for its functions:
      • Developing and interpreting fiduciary policy, strategy and related implementing documents (Manuals and Tools), including serving as the secretariat of the Procurement Review Committee (PRC);
      • Providing fiduciary support to operations complexes (Sector Departments, Directorate General) during the whole project cycle, including country strategy papers, to ensure that fiduciary arrangements comply with Bank Fiduciary (Procurement and FM) policies and procedures;
      • Developing and implementing fiduciary capacity building strategy for Bank  Staff and Regional Member Countries (RMCs);
      • Inspecting and reporting on the performance of fiduciary activities undertaken by sector departments and the regions, including preparing annual post review reports on these activities for Board presentation that will contribute to building credibility and trust of the Bank in the countries and with other stakeholders; and
      • Dialoguing with external and global partners with a view to building partnerships and fostering harmonization.

    The Position

    • Under the general supervision of the Director, Fiduciary Services and Inspection,  the incumbent will play a leading role in:

      • The design of a comprehensive and structured body of financial management policies and procedures applicable to Bank’s financed projects and programs, including revising the current framework or conceiving additional policies, strategies or guidelines on financial management
      • The implementation of aid effectiveness agenda through harmonization of donors practices and encouraging the use of country public financial management systems on one hand and supporting the capacity building strategy of oversight institutions at the continental level on the other hand
      • The conception of specific financial management policies and procedures destined to support the High 5s and the Ten Years Strategy.

    Key Functions

    • Play a leading role in developing, reviewing, updating and implementing changes in the Bank’s financial management (FM) policies, procedures and guidelines regarding the fiduciary safeguards.
    • Influence the design and execution of major policy initiatives in the region and across the Bank.
    • Conceive, develop and promote innovations in Bank policies on financial management to improve its involvement and borrower’s accountability on FM issues.
    • Oversee the development of policy and strategies for financial management thematic areas in Regional Member Countries in consultation with relevant government agencies.
    • Provide leadership in conducting dialogue with government officials in Regional Member Countries on policy and reforms with respect to the areas of financial management.
    • Lead and/or participates in ground-breaking or precedent setting missions and plays a key role in developing innovative practical approaches to difficult policy and operational issues at the Regional, Country and/or Sectoral levels.
    • Develop strategies for harmonizing financial management approaches with other donors, playing a leading role in departmental or institutional task forces on developing and implementing policies and practices, FM safeguards and the efficiency and effectiveness of business processes.
    • Represent, at the request of the Director, the function in global Financial Management Harmonization working groups.
    • Act as resource person on financial management issues, providing interpretation of related Bank guidelines, resolution of complex financial management issues.
    • Define the Bank strategy on supporting the accountability institutions as Professional Accountancy Organizations, Supreme Audit Institutions, Parliaments and Civil Society Organisations in close consultation with the International Federation of Accountants, the International Organization of Supreme Audit Institutions and other development partners.
    • Serve as the focal point or spokesperson on financial management policy issues with clients and borrowers, other external constituencies and expert groups from the other Multilateral Development Banks.
    • Develop training plans and materials for Bank staff on financial management policy and procedures issues.
    • Represent, at the request of the Director, the Fiduciary Services and Inspection Department in thematic working groups with respect to financial management or in policy peer-review from other departments;
    • Prepare documents for consideration by the Board on financial management documents on policy and strategy.
    • Contribute to preparing the Annual Report of the Bank and the various other bank reports; including contribution to report on implementation of the financial management related Policy approved by the Board of Executive Directors.

    Competencies (Skills, Experience and Knowledge)

    • A minimum of a Master’s Degree in Accounting, Finance, Business Administration, Economics or a related discipline and a minimum of a professional Accounting Certification (CPA, CA, ACCA, Expert Comptable).
    • A minimum of eight (8) years of relevant experience, with particular expertise in designing, supporting and implementing financial management operations of which at least three (3) in international financial Institutions. The incumbent shall have a sound knowledge of the African Development Bank’s FM Policy and Procedures or other similar development institution. Experience in supporting private sector operations (banking, auditing, finance, microfinance institutions, agriculture, electricity, water) would be an added advantage.
    • Proven ability to implement country or sector level financial management analytical and capacity building initiatives.
    • An understanding of cross-cutting issues beyond financial management (e.g. procurement, governance, donors’ practices) at sector/country level.
    • Good knowledge of International Financial Reporting Standards, International Public Sector Accounting Standards, International Standards on Auditing, International Standards of Supreme Audit Institutions.
    • Good knowledge of key aid effectiveness issues especially harmonization of donors’ practices and alignment to borrower’s systems.
    • Communicate and write effectively in French or English, with a good working knowledge of the other language.
    • Competence in the use of standard Microsoft Office Suite applications.

    Method of Application

    Use the link(s) below to apply on company website.

     

    Note: This position is classified International Status and attracts International Terms and Conditions of employment.

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