Job Description
To support implementation of the financial management system, policies, and system of internal financial control. Contribute to financial forecasting, analysis, and compliant financial reporting to facilitate operational and strategic decision-making and exploitation of business growth opportunities. Analyse and interpret the financial rules and regulations and provide solutions to a wide spectrum of complex financial issues. To promote a client-oriented approach consistent with ARIPO rules, policies, and regulations.
Key Result Areas
• Financial Accounting, Resource Planning, and Management
• Budget preparation, monitoring, and control
• Control of accounts and payments
• Financial Risk Management
Duties and Responsibilities
Principal Duties
1. Prepare financial statements and financial reports in compliance with International Public Sector Accounting Standards (IPSAS).
2. Ensure proper planning, income and expenditure tracking and audit of financial resources, in accordance with ARIPO financial rules and regulations.
3. Analyse trends and forecast income from IP Protocols, Member States, cooperating partners, and other sources.
4. Organize the cash management processes, including liquidity management, recommendation of imprest level, risk assessment, and cashflow plans.
5. Manage internal standard operating procedures and control of the workflows in the Finance Department.
6. Propose cost-saving and reduction strategies.
7. Prepare draft annual budgets and financial forecasts to support management decision-making.
8. Monitor expenditure against budget and perform monthly variance and trend analysis.
9. Prepare annual cashflow plan, as well as monthly cashflow plan for effective financial planning.
10. Undertake quality control by performing ongoing review, analysis and reconciliation of accounts.
11. Coordinate responses to internal and external audit queries.
12. Ensure proper receipt, management, safeguarding and disbursement of payments.
13. Review, modification, initiation, and implementation of internal control procedures.
14. Ensure proper maintenance of the Accounts Receivables.
15. Ensure compliance with all relevant financial regulations, staff rules, accounting policies, procurement procedures, asset disposal policies, laws, and
legislations, etc.
16. Undertake financial risk assessment, identify mitigation measures, and maintain the financial risk matrix.
17. Contribute to the provision of sound financial insights to help make better decisions about formulating and executing strategy and provide guidance and
analysis to executive and operational management to improve results.
18. Build and manage a high-performing departmental team by providing leadership, and effective utilization of the Balanced Scorecard Performance
Management System ensuring that aligned KPIs are in place for all subordinates.
19. Manage the fixed assets register in line with internal policies.
Qualifications and Experience
• Bachelor’s Degree in Accounting, Financial Management, Finance, or related field.
• Seven (7) years of post-qualifying financial management experience.
• Certified Public Accountant or equivalent professional qualification.
• Master’s in Business Administration Degree (MBA) is desirable.
• Experience in an international organization/public sector institution is desirable.
Competencies and Skills required
• Strategy formulation and implementation capability.
• Ability to think strategically, anticipate future consequences and trends and incorporate. them into organizational planning.
• Strong financial management and corporate reporting skills.
• Excellent communication; relationship management and presentation skills.
• Strong problem-solving and analytical skills.
• Excellent organizational skills, focus on detail and ability to work under pressure and meet strict deadlines.
• Working experience with International Public Sector Accounting Standards (IPSAS).
• Hands-on experience working with enterprise resources planning (ERP) systems.
• Good people management and leadership skills.
How to Apply
