Finance Officer - Treasury (AfCDC) at the African Union (AU)

The African Union (AU) is a continental body consisting of the 55 member states that make up the countries of the African Continent. It was officially launched in 2002 as a successor to the Organization of African Unity (OAU, 1963-1999). We are an Integrated, Prosperous and Peaceful Africa, driven by its own citizens and representing a dynamic force in the global arena.

We are recruiting to fill the position below:

Job Title: Finance Officer - Treasury (AfCDC)

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

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.
• 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:

• Learning Orientation
• Accountability awareness and Compliance
• Teamwork and Collaboration
• Communicating with Influence.

Functional Competencies:

• Analytical Thinking and Problem Solving
• Drive for Result
• Job Knowledge and information sharing
• Continuous Improvement Focus.

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.

Application Closing Date
10th February, 2025, 11h59 p.m. EAT.