Deadline: 21 September, 2022

The African Development Bank (AfDB) is seeking applications from eligible applicants for the post of Senior Disbursement Assistant.

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

Responsibilities

• Analyse and determine the appropriateness of borrowers’ requests for disbursements and the supporting documentation
• Determine whether they should be approved, reduced or rejected in accordance with bank’s policies and procedures
• 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
• Respond to questions from task team leaders, borrowers, commercial banks, and suppliers on payments, balances, and application status
• Cooperate with concerned departments and stakeholders to resolve disbursement issues promptly
• Monitor borrowers’ utilisation of special account funds, ensuring that the funds are properly accounted for and used in accordance with bank procedures
• Participate in loan disbursement missions to verify use of resources and resolve disbursement issues
• Contribute to improving the efficiency of disbursement operations by ensuring that records and reports are properly maintained and updated at all times
• Participate in technical discussions and loan negotiations to ensure that disbursement arrangements are compliant with the bank’s disbursement policies
• Provide input on audit reviews, and monitor borrower compliance with audit findings, as requested by the disbursement officer
• Provide input into the training of executing agencies, projects, and bank staff
• Participate in the design of materials for disbursement seminars
• Respond to questions regarding disbursement procedures
• Answer questions from task team leaders, borrowers, commercial banks, and suppliers on payments, balances, and application status
• Participate in departmental/divisional task forces
• Identify issues relating to disbursement policies, procedures and guidelines and propose actions or enhancements
• Undertake ad-hoc assignments at the discretion of the country manager or division manager
• Participate in the review of project documents such as appraisal reports, country   strategy papers, and project completion reports and provide input to supervisors

Requirements

• Bachelor’s degree in Accounting or Business Administration
• Six years, minimum, of direct relevant experience, preferably in accounting in a large organisation
• 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 detail
• Ability to plan and coordinate schedules in order to meet tight deadlines
• Good understanding of internal control concepts and business aptitude for figures
• 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
• Proficiency in using standard MS Office applications (Word, Excel, PowerPoint) and knowledge of SAP will be an advantage

To apply and for more information, click here.

Photo source: AfDB