Here is the African Development Bank Job Recruitment For September 2022. They are hiring a Senior Disbursement Assistant.
Key functions:
Disbursement Transactions Processing:
- Analyze and determine the appropriateness of borrowers’ requests for disbursements and the supporting documentation.
- Determine whether they should be approved, reduced or rejected in accordance with Bank’s policies and procedures. This requires the identification of irregularities and non-compliance with Bank procedures and policies, as well as highlighting circumstances for further investigation where the Bank may be exposed to financial risk.
- Review and recommend changes to disbursement systems, policies and procedures to promote timeliness, accuracy and efficiency in processing while maintaining appropriate internal controls.
- Draft clear and concise correspondence to borrowers of operational staff on disbursement-related issues.
- Process special commitment amendments and prepare amendment letters.
Project Management
- Respond to questions from Task Team Leaders, borrowers, commercial banks, and suppliers on payments, balances, and application status.
- Cooperate with concerned departments and stakeholders to resolve disbursement issues promptly.
- Monitor borrowers’ utilization of special account funds, ensuring that the funds are properly accounted for and used in accordance with Bank procedures.
- Participate in loan disbursement missions to verify use of resources and resolve disbursement issues.
- Contribute to improving the efficiency of disbursement operations by ensuring that records and reports are properly maintained and updated at all times.
- Participate in technical discussions and loan negotiations to ensure that disbursement arrangements are compliant with Bank Group disbursement policies.
- Provide input on audit reviews, and monitor borrower compliance with audit findings, as requested by the Disbursement Officer.
Qualification, Skills And Experience
- Hold at least a Bachelor’s degree in Accounting or Business Administration.
- Have a minimum of six (6) years of direct relevant experience preferably in accounting in a large organization.
- Familiarity with disbursement policies, guidelines and procedures of multilateral development institutions
- Good understanding of basic general accounting concepts and principles, and their application.
- Analytical, systematic, strong numerical skills, attention to details.
- Ability to plan and coordinate schedules in order to meet tight deadlines
- Good understanding of internal control concepts and business aptitude for figures and attention to detail
- Ability to adopt new policies, systems and processes in a timely fashion.
- Good Client Orientation, Achieving Results and Problem Solving, Communication and Knowledge Sharing, Innovation and Change.
- Ability to communicate effectively (written and oral) in English or French preferably with a good working knowledge of the other language.
- Proficient in the use of standard MS Office software (Word, Excel, PowerPoint, Project Knowledge of SAP would be an advantage.
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How To Apply For The African Development Bank Job Recruitment For September 2022
Closing Date: 21st September, 2022
