Experience Job Positions at african Development bank

(A) Position title: Accounts Clerk
Grade: GS-6
Job Description
Objectives
To ensure that:
- The system of internal control around banks and General Ledger reconciliation is adequate, effective and functioning properly.
- internal control around the bank accounting activities of the Bank Group is effective by ensuring that the financial transactions reported on the bank accounts are properly and accurately recorded in the appropriate accounting period.
- Financial reports of the banking activities of the Bank Group are timely and accurate.
- Reconciliation and clearance of all suspense and receivable/payable accounts in the general ledger are carried out properly and in a timely manner.
- Duties and responsibilities

Under the supervision of the Division Manager, FFCO.1, the incumbent will carry out the following functions:
1.Bank Reconciliation.

- Provide input for technical accounting and policy guidelines on system implementation projects in the area of bank accounts and the reporting of  due from banks in the financial statements
- provide input and assistance for internal and external audit of bank accounts.
- investigate and follow up on all outstanding items on bank reconciliation statements with responsible persons and Organization Units.
- Analytically identify old and irrecoverable amounts on bank reconciliation and advise how best to resolve them.
- Ensure accurate and timely reconciliation of banking transactions for all the bank accounts maintained by the Bank Group and Trust Funds.
- Provide monthly summary of bank reconciliations and control weaknesses for review by Management
- Verify the reliability and accuracy of bank balances in the general ledger and trial balance
- Carry out daily reconciliation of bank accounts.
- In liaison with Treasury department (FTRY), ensure that adequate internal controls are maintained in the opening and closing of new and old bank accounts.
- In liaison with other data entry personnel, improve the internal control environment related to Bank accounts and transactions.

2.Analysis and Reconciliation of General Ledger Accounts
- Investigate and ensure reconciliation and clearance of bank related transit suspense / accounts
- Ensure reconciliation of all inter-institution accounts for the Bank Group and bilateral funds.
- Give instructions for the settlement of ail inter-institution receivables and payables for the Bank Group and bilateral funds.
- Liaise with other sections in financial control department (FFCO) for the clearance of items on inter-institutions accounts.

3.  Preparation of Analytics and Reports
- Preparation of analytical reports showing trends on degradation of the bank account outstanding items
- Preparation of Bank reconciliation reports for use by Section Heads and other colleagues.

Other Duties
- Participate actively in the preparation of the monthly and quarterly financial statements and other financial reports that require bank account information.
- Participate in the overall evaluation of internal control around banking activities.
- Carry out other duties as may be allocated by the Supervisor or Division Manager.

Selection Criteria
Including desirable skills, knowledge and experience
- At least a first degree in Accounting, Finance, Audit, Business Administration, or Banking. A master’s degree in finance, accounting or business administration will be an added advantage.
- At least four (4)years of relevant experience;
- Competence in the use of standard software applications (Word, Excel, Access and PowerPoint, SAP);
- Ability to communicate and write effectively in French and/or English, with good working knowledge of English;
- Excellent Customer service record.

Application Deadline
date: 28th April 2015

How to apply
click here


(B) Job title: Special Program Coordinator – OPSM
Grade: PL-2
Job description
Objectives
The Coordinator of the Special Program (SP) is responsible for delivering an enhanced syndication, blended-financing financing function and captive products for the department’s non-sovereign operations (NSO). This function aims to enable the Bank to:

- Respond to growing demand for private sector financing, by mobilizing and deploying innovative solutions to bankability challenges facing operations  in its priority sectors (infrastructure and real economy) and across all markets (from middle-income post-conflict);
- Optimize the risk capital deployed by the Bank in NSO transactions, in line with the Bank’s catalytic and resource mobilization mandate and ensure the Bank continues to comply with key capital adequacy and risk management policies at sector, portfolio, instrument and country levels.
- Fostering the implementation of programs and special initiatives funded by third party funds aimed at mainstreaming captive products in the Bank’s operations in particular in low income countries.

In addition, the Coordinator will also establish and grow a special function dedicated to equity investment anchor program.
In delivering these mandates, the Coordinator will supervise distinct in-house sub-teams and coordinate with other divisions and departments participating in the Bank’s NSO to:

(i) Scale up primary and secondary syndication with commercial and DFI investors through active arranging;

(ii) Facilitate the deployment of concessional co-financing/blending solutions from facilities and instruments managed by third party entities both within and outside the Bank, for enhanced bankability of the department’s NSOs;

(iii) Consolidate and develop the department’s equity investment capability;

(iv) Design, fundraise, and manage captive financing facilities (trust/special funds) geared to co-finance or finance on a stand-alone basis NSO transactions in specific sectors/countries and instruments (i.e. including structured debt products, risk-sharing, equity, technical assistance).

Duties and responsibilities

Reporting to the head of the Department and working closely with internal and external stakeholders. The incumbent’s role includes but not limited to:
Technical Oversight:

· Plan and supervise the implementation, monitoring and reporting of the divison’s work program, budget and performance against key performance indicators;
· Provide advice to the Director and Management on cofinancing, syndications, captive financing instruments and facilities (including department-hosted trust and special funds), blending instruments and facilities (ADF, climate funds, etc.), financial innovation, equity investments;
· Coordinate and contribute to the development of innovative structures of risk participations or co-financing targeted to meet the specific requirements of each business segment, alongside special initiatives, products and vehicles to mobilize third parties funds on commercial and concessional terms;
· Plan and execute capacity building program and deal-flow screening sessions for investment teams on relevant internal and external co-financing and bankability solutions as well as equities;
· Facilitate the deployment of and coordinate Bank-Group and external financing, risk-management products and technical assistance programs  in support of projects under preparation or implementation;
· Oversee the incubation, fund-raising and operationalization of new and existing captive off-balancing financing and risk-sharing solutions to scale up the Bank’s footprint and capability in sectors and countries where bankability issues are most acute;
· Plan, incubate and develop an equity investment and management function and team to consolidate all equity and equity-like activities;
· Manage the operational end of existing and new trust funds /financing facilities for which the Department acts as focal point;
· Ensure that the Bank utilizes the full palette of Bank instruments to crowd-in co-financiers and investors, including A/B loan, partial risk and credit guarantees, equity, blended instruments and the mobilization of parallel sovereign investment;
· Ensure that loan and equity process and transaction documentation provides for eventual secondary syndication, risk-sharing and sell-down;
· Advise the Deal Clearance committee on co-financing potential and bankability solutions of transactions being considered for entry into the department’s pipeline;
· Periodically review and execute, in collaboration with the portfolio management team, opportunities for secondary syndications (outright or partial disposal) of debt, guarantee and equity assets in the portfolio.

People Management:
· Manage a team of Lead, professional and support staffs in providing efficient and high quality financing, bankability services, equity investment and trust/special fund management;
· Be a collaborative member of the Management Teams of the Vice-Presidencies and foster a collegial environment and enable synergies;
· Serve as a role model, leading by example, with integrity, building alignment and commitment by displaying courage in challenging others to move the Bank forward;
· Build strong relationship management and understand the business needs, as well as external and internal relations to assist in developing practical and effective cofinancing;
· Set realistic performance goals and motivate team members to meet them, both for individual staff and for the team as whole;
· Manage the team’s staffing and resources competently and responsibly to achieve the Division’s objectives;

Leadership:
· Lead and execute the provision of project bankability, mobilization and risk-capital optimization objectives at transaction and portfolio level;
· Lead the establishment of a framework for centralized equity investment management with an associated team responsible for delivering the Bank’s catalytic investor role, deploying seed and growth equity as well as equity-like investments directly to corporates and project vehicles as well as indirectly through funds;
· Lead the structuring and operationalization of a revised mutual reliance framework with partner MDBs, DFIs, official development agencies and donor funded vehicles, to provide innovative risk mitigation structures to improve the credit quality of infrastructure and industrial projects;
· Lead the design, fund-raising and operationalize of new and existing captive off-balancing financing and risk-sharing solutions in collaboration with originating and portfolio divisions, as well as other Bank departments involved in third-party resource mobilization, as appropriate;
· Lead complex missions involving negotiations with government officials, bilateral and multilateral development finance institutions and donor agencies, private and institutional investors and financiers;
· Improve customer service orientation of staff of the division and ensure provision of efficient services to internal and external clients.

Agent of Changes
·Serve as a role model for transformation  in implementing the enhanced mobilization and catalytic investor culture;
·Manage change by proactively identifying and facilitating buy-in, drive changes towards desired outcomes of enhanced syndication, co-financing and equity investing
·Ensure good corporate governance principles are complied with in the design, structure, workflows and management of captive financing vehicles and instruments, in delivering fee-earning arranging mandates and as regards equity investments– to mitigate self-dealing or conflict of interest risks, and ensure adherence to fiduciary roles;
·Develop outreach initiatives to clients and departmental counterparts to ensure open and regular communications on the Bank’s programs, projects and fiduciary rules and requirements.

Organisational Competencies
·Able to identify opportunities and threats to deliver the mandate of the division, and to plan and execute work-processes, team structure and modus operandi to ensure effective delivery; 
·Develop and cultivate a network of co-financing partners – commercial banks, DFIs, institutional investors, fund managers, concessional/blending as well as captive wholesale co-financiers and risk sharing facilities;
·Continuously seek to acquire and share operational and organizational knowledge, with an innovation-oriented approach;
·Client-oriented to ensure the division effectively performs its role throughout the project/asset life cycle;
·Demonstrate sound problem-solving and decision-making ability;
·Manage own time, information and resources effectively, and provides clear and effective communication to subordinates that enable them to prioritize their respective deliverables against competing priorities;
·Contribute effectively to the Complex and Department’s management team, and facilitate collaborative work environment between  the teams in the division and other divisions in the department;
·Communicate effectively to creates understanding between self and others;
·Build and maintain effective internal and external cofinancing, co-investment, and mobilization relationships;
·Develop, track and communicate clear performance management metrics, translating corporate and department-level Key Performance Indicators, into division, team and individual staff member level performance indicators.
Selection Criteria
Including desirable skills, knowledge and experience
·At least a Master's or equivalent degree in business administration, financial engineering, finance, investment management, law or risk management;
·A minimum of 8 years relevant experience in any investment banking, management consultancy, transaction advisory, or asset management capacity;
·Knowledge of multilateral development banking, investment banking, co-financing, blending solutions, equity investment, fund managements, tail-end equity risk management;
·Experience of working in middle-income and low-income countries (transition and fragile countries experience desirable), multi-cultural and multi-lingual professional environment;
·Track record of leading and developing teams and managing projects, programs, transactions, structuring and innovative financing solutions using commercial and donor funds;
·Problem-solving skills, innovative and pragmatic;
·Resilient in the face of adversity;
·Integrity, with an ability to detect and proactively mitigate conflict of interest situations that may arise in performing fiduciary roles associated with the management of trust/special funds while in parallel delivering fee-earning arranging mandates;
·Good coaching, mentoring and conflict resolution skills;
·Demonstrated ability to multi-task and manage their time effectively to deal with multiple and competing demands and deadlines.

CORE COMPETENCIES:
·Communicate and write effectively in French or English, with a good working knowledge of the other language;
·Competence in the use of Bank standard software applications (SAP, word, Excel, Access and PowerPoint);
·Strong leadership and coaching skills, with a proven track record of working with multi-disciplinary teams and creating an empowering and self-development oriented work environment;
·Commitment to ensure that full use is made of the systems, procedures and culture within the organization in order to deliver the required results;
·Commitment to search for and produce innovative and creative approaches to activities in order to enhance performance and create added benefits to the bank and its clients;
·Apply business knowledge to the resolution of problems and identifies solutions to the benefit of the client (internal and external) and the organization;
·Continuously expand understanding and share knowledge and expertise with others of relevant Bank and external business products, practices and systems/technology (commercial and concessional);
·Provide clear and concise oral and written communication; present oral information with clarity and appropriate style and adapts language and style to suit the requirements of a particular audience;
·Ensure that the client (internal or external) is considered to be of primary importance in all transactions and interactions.  Strive to understand, and when appropriate, anticipate client needs, and ensure that the client receives the best possible service from the Bank;
Work with others to maximize the effectiveness of the team as a whole, sharing the knowledge and the workload.  Develop strong working relationships with colleagues and contributes to creation of a positive team environment

Application Deadline
13th may 2015

How to apply
click here


(C) Job title: Assistant to the Vice President, OIVP
Grade:PL-3
Job description
Objectives
The Staff Attached to OIVP (SAOI) works as a team under the leadership of the Vice President of Infrastructure, Private Sector & Regional Integration (VP, OIVP).  The primary role of the SAOI team is to support the VP in his/her Corporate and Complex-wide responsibilities. The following should be noted in respect of the functioning of the SAOI team:
- Team members need to work in close co-operation with each other; and
- The flat structure of the SAOI implies a non-hierarchical working relationship between team members.

Duties and responsibilities
The main responsibilities of the position will include the following:
- Leading the internal Complex Audit follow-up process;
- Leading the review of the complex’s procurement documentation for activities funded from the Administrative Budget;
-  Assisting the VP on all ADF matters, including reviewing documents and attending meetings;
- Assisting in the coordination of special assignments and initiatives (e.g. Special Initiatives Review, Migration and Development Initiative, Medium Term Review, G-20, Annual Reports, GCI Implementation, etc);
- Assisting with the OIVP complex’s project review process;
- Collecting and consolidating inputs from OIVP departments on specific matters, as requested by the VP;
- Preparing papers, presentations, reports or bullets points for speeches, as requested by the VP;
- Contributing to the technical quality control of correspondence/ papers emanating from the OIVP complex; and,
- Assisting SAOI Leads in addressing selected issues related to OIVP departments under their responsibilities.

Selection Criteria
Including desirable skills, knowledge and experience
At least a Master’s Degree or its equivalent in Finance, Economics or other related discipline.
Preferably a minimum of 7 years of relevant practical working experience in operations;
Strong familiarity with operational activities  covering both sovereign and non-sovereign entities;
Strong analytical skills;
- Familiarity with the Bank’s procurement and financial management rules and activities
- Be current on new development financing issues;
- Ability to work under pressure;
- Ability to work within a team and foster team spirit;
- Excellent customer service skills;
- Excellent written and verbal communication skills in English or French, with a working knowledge of the other language.
- Competence in the use of Bank standard software (Word, Excel, Access and PowerPoint), preferably knowledge of SAP and other financial IT systems.
Application deadline
13th may 2015
How to Apply
Click here






(D) Job title: Advisor to the Vice President, OIVP
Grade:PL-2
Job description
Objectives
The African Development Bank (AfDB) is a leading development institution in the continent, focused on promoting economic development and poverty reduction. It engages with the full range and complexity of development challenges in Africa. The Bank has integrated operations, lending directly to the public and private sectors through a variety of instruments. It also provides advisory services. Core operational priorities include infrastructure, private sector development, governance, higher education, regional integration and engagement in fragile states. It has an increasing country presence through a growing network of 25 field offices. The Vice President for Infrastructure, Private Sector and Regional Integration (OIVP) is responsible for the development of reliable and sustainable infrastructure and also leads regional integration projects as well as public and private sector programme development. The incumbent is primarily responsible for providing strategic and operational advice on all OIVP operations, with special focus on public sector, public private partnerships (PPPs) and regional integration, assisting in aligning complex priorities and resources, coordinating and ensuring implementation of initiative and instruments under OIVP in coordination with other complexes and AfDB units.

Duties and responsibilities
- The Lead Advisor is part of OIVP Front Office (FO) and reports to the Vice President OIVP. Core responsibilities include:
- Play a leading role in the day to day management of the OIVP front office, ensuring its smooth functioning
- Provide strategic and tactical advice to OIVP, in particular on PPPs, publice sector and regional integration issues and operational matters;
- Identify operational issues for the attention of VP and draft appropriate response to senior management and Board members;
- Draft and assess key strategic proposals requiring VP guidance and advise accordingly on course of action;
- Assist OIVP management in resources mobilization efforts, coordination with development partners, developing innovative approaches and instruments as well as monitoring the yearly work program and budget;
- Ensuring sound, ongoing communication between OIVP Departments, in particular OPSM and ONRI, and the FO;
- Attending internal meetings (as observers) to provide support to the VP; and
- Represent OIVP in diverse fora as required 

Selection Criteria
Including desirable skills, knowledge and experience
- A minimum of a Master’s degree in business administration, finance, economics, management or other relevant fields preferably in engineering, finance or economics;
- A minimum of eight (8) years of relevant experience; solid credibility on development issues; understanding of both public and private sector perspectives would be an asset;
- Demonstrated superior leadership qualities, technical excellence and first-rate interpersonal skills;
- Strategic mindset with ability to balance long-term and short-term tradeoffs;
- Excellent technical, analytical skills and established operational track record of excellence in achieving results;
- Proven ability to identify and articulate policy issues, trade-offs and priorities to provide sound advice;
- Demonstrated ability to work across institutional boundaries with various teams, build and lead a team of professional staff, and utilise talent and expertise of team members in a productive way;
- Ability to build partnerships and deliver results that meet the needs and long-term interests of clients within and outside the institution;
- Demonstrated to produce high quality work on a variety of issues with very short deadlines, to take prudent risks and make effective and timely decisions;
- Superior written and verbal communication skills in English and/or French with a good working knowledge of the other language and a demonstrated ability to think strategically and synthesize complex issues (translated into effective oral and written briefs).
- High degree of discretion, tact and sensitivity in dealing with internal and external clients and stakeholders at all levels;
- Competence in the use of Bank standard software (Word, Excel, Access, PowerPoint).
Application deadline
13th may 2015
How to Apply
Click here



(E) Job title: Advisor to the Vice President, OIVP
Grade:TA
Job description
Objectives
Role of the Department and Objective of the position:

With its Ten Years Strategy (TYS) for 2013-2022, the African Development Bank, (the Bank hereafter) has positioned itself as a partner of choice to support Africa in its development. The Water and Sanitation Department (OWAS) is actively engaged in the water and sanitation sector in Africa, in ever increasing magnitude, on programs and projects geared towards meeting the MDGs and the Africa Water Vision and pointing towards the forthcoming SDGs.
The Department’s prime objective is to ensure the definition and implementation of sustainable solutions across the water and sanitation value chain including strategy; policy-making; institutional reform; advisory services at governmental and regional levels; capacity building, fundraising; project/program identification, preparation, appraisal, implementation and monitoring. Interventions specifically focus on (i) Sector governance and knowledge management (ii) Sustainable infrastructure and inclusive services for water security and (iii) Sector collaboration and coordination for Integrated Water Resources Management and Development (IWRM&D). In doing so the Water and Sanitation Department strives to contribute to the two pillars of the Bank’s strategy: achieving inclusive growth and transitioning to green growth in Africa.
OWAS, with the support of technical assistance funded by the Swiss Agency for Development and Cooperation (SDC), has developed a new M&E strategy that aims at: 1) Improving the Bank’s capacity to monitor and evaluate its own interventions and their corresponding results (outputs and outcomes) in the WASH sector; 2) Helping Regional Member Countries to strengthen their M&E capacities in the WASH sector; 3) Contributing to the globally driven processes of developing overall standards, guidelines and principles for the creation of a shared monitoring framework of WASH.

Duties and responsibilities
Under the supervision of the Department Director, the Monitoring and Evaluation Specialist will support the implementation of the M&E strategy, the 2015-2017 action plan covering its three tiers (within the Bank, with Regional Member Countries and at global level) by taking a leading role and assisting Management, OWAS staff both in headquarters and in Field Offices and other Bank Departments and Institutions in activities related to M&E and result measurement.
At Bank level (1st tier):
- Design and manage training activities for OWAS staff on M&E (results frameworks, indicators, Bank’s M&E tools, statistical capacities, reporting,  and documentation, etc.) applying the theory of change approach;
- Provide technical support to AfDB project teams on measurement and evaluation issues in all phases of the project cycle, particularly in supporting the development of results frameworks, evaluation designs, data collection, use of Bank’s monitoring tools, take part in field missions;
- Support OWAS to complement the already developed WASH outcome indicators by selecting and defining indicators on water resources management, waste water management and cross cutting topics such as climate change, fragile state/context, private sector participation and gender; aligning framework with post 2015 SDG targets;
- Support OWAS efforts to generate evidence through the design of impact evaluation studies; Assist task managers to realize the planned impact evaluations including dissemination of findings;
- Assist staff and senior Management in the analysis and dissemination of relevant information;
- Spread knowledge and awareness on measurement and evaluation to foster a culture of management for results at OWAS, particularly in relation to the implementation of the Bank’s Long Term Strategy and mainstreaming of the post-2015 global monitoring framework;
- Support knowledge management and development of knowledge products, capturing, documenting and sharing experiences from projects in OWAS and beyond to feed into new OWAS projects/interventions;
- Contribute to the further development and implementation of the Rural Water Supply and Sanitation Initiative (RWSSI) hosted by the OWAS / AfDB on matters pertaining to M&E;
- Other M&E-related support including Focal point for Questions/Answers related to M&E methodology; leading the OWAS M&E Task Force; assisting in the selection and management of consultants hired to perform M&E related activities; Liaising with the African Water Facility and key Bank departments on issues relating to results measurement and M&E.

At country level (2nd tier):
- Advocate in Regional Member Countries (RMCs) to prioritize sector M&E activities;
- Cooperate with RMCs in designing and implementing interventions to strengthen the country WASH M&E frameworks and improving coordination amongst stakeholders;
- Assist joint RMC and Bank project/programme development implementation teams in the management and implementation of the M&E interventions approved during the previous/first phase of implementing the M&E Strategy and prepare new M&E interventions in additional countries;
- Foster peer learning across countries on WASH M&E outside of project implementation and after project completion of AfDB-funded projects;
- Support exchange in other M&E related platforms at national sector level;

At global level (3rd tier):
- Contribute to global M&E initiatives as required (e.g. GLAAS, JMP and AMCOW reporting);
- Represent the Bank and actively contribute to the activities of the SWA task team on harmonization and standardization.

Selection Criteria
Including desirable skills, knowledge and experience
- A Master’s degree or equivalent in Economics, Social Sciences, Civil Engineering, International Development or related field;
- Minimum of six (6) years’ professional experience in the monitoring and evaluating of water and sanitation sector projects;
- Preferably experience of working within the context of water and sanitation sector development in Africa;
- Demonstrated experience in evaluation methodology, statistical analysis, sampling methodology and data collection/ analysis;
- Demonstrated experience in the use of analytical software packages as well as computer literacy (MS office applications and web-based management information systems);
- Proven experience in building organisational capacity and/ or training individuals in monitoring and evaluation;
- Strong facilitation and team management skills;
- Excellent written and verbal communications in English and/or French, a working knowledge of the other language is an advantage.

Application deadline
6th may 2015
How to Apply
Click here

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