Afdb Chief Disbursement Controller - Loan Disbursement Division

• Position title: Chief Disbursement Controller - Loan Disbursement Division
• Grade: PL-3
• Position N°: 50000789
• Reference: ADB/13/054
• Publication date: 28/03/2013
• Closing date: 15/04/2013

Objectives

The primary objectives of the position is to: (i) ensure that the highest standards of internal control are maintained in the disbursement management process; (ii) ensure the integrity of disbursement data in the Bank’s financial statements; and (iii) provide high-level professional advice on disbursement procedures, new initiatives proposed by management and other decision making organs of the ADB Group.

Duties and responsibilities

The incumbent will report to the Manager of Disbursements Administration and will:

• Develop, maintain and enforce procedures to ensure (i) high standard of internal controls; and (ii) Coherence and integrity of disbursement related data particularly as it impacts the financial statements.
• Develop and maintain short/long-term plan and strategy for completion of process development, implementation timelines and collaborating to ensure operational readiness within the division.
• Lead/manage system development activities:
  • Evaluate existing systems, identify the need for new systems or modifications to existing systems, identify system issues, and resolve issues identified, in coordination with the Information Systems and Technology department.
  • Translate business requirements into clear and detailed specifications.
  • Serve as the principal liaison between the Disbursement Division and the Bank’s Information Technology Department, particularly on initiatives to continually enhance the efficiency of disbursement processes.
• Oversee processing of loan and grant disbursements, contribute to portfolio monitoring and ensure that disbursement arrangements for proposed projects are compliant with ADB disbursement policies.
• Prepare reports on disbursement activities to Management and the Boards of Directors, as well as verification and exception reports for follow-up by staff in Operations, the Financial Control Department and the Treasury Department.
• Be the primary contact person on disbursement harmonization initiatives and activities.
• Prepare or update disbursement policies and guidelines.
• Assist as required in training of Regional Member Countries on disbursement procedures and policies.
• Represent the Disbursement Division on relevant Bank-wide working groups.
• Monitor the follow up and implementation of Audit recommendations.
• Assist the Division Manager on other assignments, as required.

Selection Criteria

Including desirable skills, knowledge and experience

• At least a Masters in Accounting or Finance with a minimum of 7 years of experience.
• Strong working knowledge of SAP R/3 with certification in one or more modules (preferably CML or FI).
• Good knowledge of accounting and financial information systems.
• Strong technical aptitude and business systems management experience.
• Experience with internal audit and internal control systems and procedures, with the ability to assess such systems and recommend remedial action where necessary.
• Understanding of management information systems and the application of new information technologies.
• Capacity to function as a member 0f multi-disciplinary team, search for common ground, and where appropriate recommend decisive actions.
• Strong communication skills, with the ability to prepare, present and discuss technical issues in a manner understandable to non-technicians.
• Ability to communicate (write and speak) effectively in English or French with a working knowledge of the other language.

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Chief Disbursement Controller - Loan Disbursement Division (170 KB)

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Apply for this position

To apply for this position, you need to be national of one of AfDB member countries.

• Submitted by: OIC, CHRM.1
• Approved by: Acting Director, CHRM

Only applicants who fully meet the Bank's requirements and are being considered for interview will be contacted. Applicants will only be considered if they submit an online application, and attach a comprehensive Curriculum Vitae (CV). The AfDB President reserves the right to appoint a candidate at a lower level. The African Development Bank is an equal opportunities employer and female candidates are strongly encouraged to apply: www.afdb.org/jobs