Deadline: 21 February, 2021

Location: Abidjan, Ivory Coast

African Development Bank (AfDB) is seeking to fill the role of Principal Disbursement Officer.

AfDB’s mission is to spur sustainable economic development and social progress in its regional member countries (RMCs).

Responsibilities

• Monitor effectiveness, disbursement ratio, special account ratio, counterpart funding issues and loan closing for the assigned portfolio of countries
• Provide technical support to sector departments, lead review and provide input to country and project teams of project documents such as appraisal report, country strategy and programme, project completion reports, etc
• Participate in country strategy preparation and midterm reviews including assessing capacity development requirements for financial management at the country level, and assist in completing country financing parameters where necessary
• Provide disbursement-related assistance to operations during project launching, project supervision, and portfolio review missions
• Assist project teams in the assessment of the financial management capacity of borrowers or executing agencies and in the design of financial, accounting and control systems for project execution
• Review disbursement applications to ensure all conditions and requirements precedent to disbursement are satisfied and that internal rules and procedures are complied with prior to approval and payment
• Manage reimbursement guarantees issued to commercial banks, including examining requests of issuing reimbursement guarantees and preparing them for the commercial banks
• Manage funds flow, ensure appropriate allocation of resources to the principal expenditure categories of goods, works and services and manage the use of special accounts
• Provide training on disbursement policies and procedures in borrowing member countries and to staff in the bank
• Verify effectiveness of loans in the case of the first disbursement, and the last disbursement deadline
• Ensure the amounts disbursed by the bank group will finance only eligible expenditures
• Coordinate effectively with the relevant country offices on disbursement matters

Requirements

• Master’s degree in Finance, Accounting, Business Administration or a related discipline
• Six years, minimum, of relevant and progressive professional experience
• Proficiency of accounting policies, practices and general policies, procedures, guidelines and reporting requirements prevalent in a multilateral institution
• Knowledge of project cycle management
• Ability to interpret and explain patterns in information
• Ability to apply updated advancements in own knowledge area to relevant task
• Deliver contributions across a variety of products and services to meet clients’ needs
• Achieve results and solve problem using appropriate methods for addressing the causes of issues and monitoring achievement of results according to workplans
• Ability to communicate effectively (written and oral) in French with a good working knowledge of English
• Proficiency in the use of standard MS Office applications, particularly Word, PowerPoint, and Excel, as well as SAP

To apply and for more information, click here.

Photo source: Rwanda Government