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

Main Functions

• 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
• 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.

Specific Responsibilities

• 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
• 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.

Academic Requirements And Relevant Experience

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.
• 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.

Required Skills

• Ability to establish and maintain effective partnerships and working relations both internally and externally in a multi-cultural, multi-ethnic environment, with sensitivity and respect for diversity, including gender balance
• Ability to assist in developing clear program goals, plans and actions that are consistent with agreed strategies and to appropriately delegate, monitor and adjust these plans and actions
• Ability to produce clear and professional reports
• Proficiency in one of the AU officials working languages (Arabic, English, French, Kiswahili, Portuguese and Spanish) and fluency in another AU language(s) is an added advantage;

Leadership Competencies

Strategic Insight…

Developing others ….

Change Management….

Managing Risk….

Core Competencies

Building Relationship…

Foster Accountability Culture….

• Learning Orientation

Communicating with Influence ….

Functional Competencies

• Conceptual Thinking

Job Knowledge and Information Sharing ….

Drive for Result ….

Continuous Improvement Orientation ….

TENURE OF APPOINTMENT:

The appointment will be made on a regular term contract for a period of three (3) years, of which the first twelve months shall be considered as a probationary period. Thereafter, the contract will be for a period of two years renewable, subject to satisfactory performance and deliverables.

GENDER MAINSTREAMING:

The AU Commission is an equal opportunity employer and qualified women are strongly encouraged to apply.

LANGUAGES:

Proficiency in one of the AU working languages (Arabic, English, French, Portuguese, Swahili, and Spanish) and fluency in another AU language is an added advantage

REMUNERATION:

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.

Applications must be made not later than April 17, 2023

Only applications registered online with a complete curriculum vitae (CV) attached will be considered.