ECOWAS Bank for Investment and Development (EBID) is an international financial institution established by the 15 Member States of the Economic Community of West African States (ECOWAS). EBID includes: Benin, Burkina Faso, Cape Verde, Cote d'Ivoire, Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.
The main objective of EBID is to contribute to the economic development of West Africa through the financing of ECOWAS and NEPAD projects and programs. The headquarters of the bank is in Lome in the Togolese Republic.
As part of its capacity building efforts, the ECOWAS Bank for Investment and Development is seeking qualified candidates who are citizens of the community to fill the position below:
Job Title: Head of Division, General Accounts
Grade P5-1
Location: Togo
Job Summary
- Reporting to the Director of Finance, prepare and manage the accounts system and prepare the financial statements of EBID.
- He/She shall also see to the implementation of the policy on borrowings and mobilization of resources on the capital markets to meet the needs of the Bank.
Duties
- Monitor issues relating to the subscription of the capital of the Bank, call-up of capital and its payment;
- Execute payment orders in relation to expenses initiated by other departments;
- Follow-up and capture all amounts received and amount paid out by the Bank and ensure their conformity;
- Keep accounting records of the funds managed by the institution;
- Prepare and update statements on the banking transactions of EBID and ensure that the bank reconciliation statements is done on regular basis and within the specified period;
- Analyze and comment on the financial situation of the Bank by preparing various tables (performance charts, financial reports);
- Follow-up on the borrowings contracted by the Bank;
- Manage the equity stakes of EBID and ensure at all times that the Bank is protected against the risk of losses and anomalies of all kinds;
- Assist missions sent by Internal Audit and the External Auditors in their work and contribute to the success of their work;
- Carry out all other duties assigned by Management.
Qualifications, Experience and Skills
- Master's degree in Accounting, Finance, Management from a recognized University or any relevant fields of professional qualification in Accounting such as ACCA or ACA;
- Minimum of ten (10) years working experience, especially in the preparation of accounts of projects financed by international organizations;
- Sound knowledge of the mechanisms and procedures of project management, disbursement procedures of donor agencies;
- Good knowledge of some accounting softwares;
- Ability to prepare clear, concise and accurate reports and work-notes on issues relating to his/her duties;
- Ability to work under pressure in a team;
- Solid capacity in planning and defining priorities;
- Ability to manage a team in a multicultural environment;
- Ability to impart knowledge, delegate duties and responsibilities, supervise and take decisions.
General Requirements
Candidates must:
- Be citizens of ECOWAS Member States;
- Not be above 45 years of age;
- Be computer literate (Word, Excel, Access and PowerPoint)
- Be fluent in French and/or English and/or Portuguese, and proficient in one of the other two languages.
Application Closing Date
17h00 GMT; 30th June, 2015.
Method of Application
Interested and qualified candidates should send or deliver their applications and CV's in sealed envelope, marked "2015 Recruitment Exercise" and state the position applied to the address below:
ECOWAS Bank for Investment and Development (EBID)
Department of Administration and Human Resources,
128, Bd. du 13 Janvier,
BP 2704,
Lome-Togo.
Application must include
- A detailed curriculum vitae;
- A letter of interest;
- Copies of degrees or certificates;
- Copy of identity card or passport;
- Copy of birth certificate.
Note: Only shortlisted candidates will be invited for a test. EBID reserves the right to stop further action on this job vacancy notice