Overview

Manage treasury functions and support financial management operations.

You have:

• A minimum of a bachelor’s degree in accounting or finance or any related field.
• Five (5) years of progressive responsibility in treasury/banking including management of bank accounts.
• Certification in an accounting body (CPA/ACCA) is an added advantage.
• Proficiency in one of the AU working languages (Arabic, English, French, Kiswahili, Portuguese, and Spanish) is mandatory.

Contract

This is a P-2 contract. This kind of contract is known as Professional and Director staff. It is normally internationally recruited only. It's a staff contract. It usually requires 2 years of experience, depending on education.

Salary

The salary for this job should be between 82,917 USD and 112,621 USD.

Please keep in mind that the salary displayed here is an estimation by UN Talent based on the location and the type of contract. It may vary depending on the organization. The recruiter should be able to inform you about the exact salary range. In case the job description contains another salary information, please refer to this one.

Job Description

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  Job Title: Finance Officer Treasury (AfCDC)

  Posting Start Date: 1/8/25

Job Description: AU Values

• Respect for Diversity and Teamwork

  • Think Africa Above all
  • Transparency and Accountability

• Integrity and Impartiality

  • Efficiency and Professionalism
  • Information and Knowledge Sharing

Download CV Template Here

Please download the African Union CV template here. Kindly fill it out correctly and upload it to the "Resume" tab of your profile. This is MANDATORY.

AU CV Template_ENGLISH.docx

Organization Information

Reports to: Head of Financial Management Directorate/Department: Africa CDC Division: Financial Management Number of Direct Reports: Number of Indirect Reports: Job Grade: P2 Contract Type: Fixed Term Location: Addis Ababa, Ethiopia

Purpose of Job

Finance officer Treasury (P2) will support the strategic and operational financial management functions, ensuring effective implementation of financial rules, regulation, policies, procedures, and best practices. Under the supervision of the head of financial management division, the Finance Officer Treasury will manage the day-to-day activities in treasury function within the Directorate of Finance-Africa CDC and to ensure that the cash flow and cash & cash equivalents of Africa CDC are managed effectively. The incumbent will be responsible for payment processing, execute treasury management policies and procedures, cashflow management, manage banking operations and treasury advisory services. The role will contribute to effective & efficient financial resources management practice within Africa CDC, aligned with its mission and strategic goals.

Main Functions

• Manage daily payment processing, interaction with banks and internal as well external users.
• Maintain treasury management policies and procedures.
• Prepare cash requirements and execute daily financing decisions.
• Understand, manage, and supervise all aspects of cash flow and advise management on liquidity position.
• Responsible for timely preparation of reports and overall cash and cash equivalent reports.
• Prepare Africa CDC cash flow forecasts.
• Manage all cash and cash equivalent instruments.
• Manage relationships and correspondences with financial institutions/banks.
• Ensure that legal requirements related to banking and tax are all met.
• Responsible for preparations and maintaining of all documents related to bank account establishment, management and changes.
• Manage bank cards, online bank payment operations and cash on hand and undertake all the due diligence in cash management.

Specific Responsibilities

Treasury management

• Manage bank payments and transfers using offline and online payment channel and platform.
• Prepare cash flow forecasts and perform financial modelling, planning, and budgeting.
• Manage all cash and cash equivalent instruments by closely monitoring cash inflows and outflows using the organization ERP system.
• Manage credit cards, cash on hand, and undertake all due diligence in treasury management.
• Responsible for preparations and maintenance of all documents related to bank account establishment, management and changes.

Performance & relationship Management

• Manage relationships and correspondences with financial institutions/banks.
• Ensure that legal requirements related to banking and tax are all met
• Provide technical support to programs/projects as required.

Academic Requirements and Relevant Experience

A minimum of a bachelor’s degree in accounting or finance or any related field with five (5) years of progressive responsibility in treasury/banking including management of bank accounts, cash management within the public sector, multilateral institutions, and international non-governmental or similar organizations nationally, regionally, and/or internationally. Or A master’s degree in accounting or finance or any related field with two (2) years of progressive responsibility in treasury/banking including management of bank accounts, cash management within the public sector, multilateral institutions, and international non-governmental or similar organizations nationally, regionally and/or internationally.

• Certification in an accounting body (CPA/ACCA) is an added advantage.

Required Skills

• Experience in treasury management and management of cash and cash equivalents.
• Experience in dealing with banks, banks relations and operations
• Proficiency in a highly integrated ERP system such as SAP.
• Experience in the application of International Public Sector Accounting Standards (IPSAS).
• Excellent customer service skills and a good understanding of office practices and procedures.
• Ability to perform multiple tasks and work under pressure with a wide range of individuals and institutions.
• Able to work under minimal supervision, be proactive, initiative and with sound judgment.
• Excellent communication, writing and editing skills.
• High level of accuracy, attention to detail and thoroughness.
• Always maintain confidentiality at the highest level.
• High level of integrity and accountability, flexible approaches to work coupled with enthusiasm, commitment and energy.
• Creative thinking and problem-solving skills.
• Good analytical, organisational and time management skill.
• Ability to work in a multi-cultural and multi-national environment

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

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TENURE OF APPOINTMENT:

The Appointment will be made on a fixed term contract for a period of one (1) year, of which the first three (3) months will be considered as a probationary period. Thereafter, the contract may be renewed for a similar period subject to funding availability, satisfactory performance and agreed 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, Kiswahili, Portuguese, and Spanish) is mandatory and fluency in another AU language is an added advantage

REMUNERATION:

The salary attached to the position is an annual lump-sum of US$ 85,212.07 (P2 Step 5) inclusive of all allowances for internationally recruited staff, and US$ 66,751.81 inclusive of all allowances for locally recruited staff of the African Union Commission.

Applications must be submitted no later Monday February 10,2025, 11h59 p.m. EAT.

• Only candidates who meet all job requirements and are selected for interviews will be contacted. -Consideration will be given only to those candidates who have submitted a fully completed online application with a curriculum vitae (CV), an African passport, and the required academic qualifications, such as Diplomas, Bachelor's degrees, Master's degrees and any relevant certificate in line with the area of expertise.
• The African Union is an equal opportunity employer, and female candidates are strongly encouraged to apply.

• Candidates from less represented countries within the African Union are strongly encouraged to apply for positions that fit their profiles. These countries include Algeria, Angola, Cape Verde, Central African Republic, Comoros, Egypt, Equatorial Guinea, Eritrea, Eswatini, Guinea, Guinea-Bissau, Liberia, Libya, Madagascar, Mali, Morocco, Namibia, Niger, Sahrawi D.R., Sao Tome and Principe., Seychelles, Somalia and Tunisia.

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