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Chief Disbursement Controller - Loan Disbursement

Position N°: 50000789

Reference: ADB/13/054

Duties and responsibilities

The incumbent will report to the Manager of Disbursements Administration and will:

  • Develop, maintain and enforce procedures to ensure (i) high standard of internal controls; and (ii) Coherence and integrity of disbursement related data particularly as it impacts the financial statements.
  • Develop and maintain short/long-term plan and strategy for completion of process development, implementation timelines and collaborating to ensure operational readiness within the division.
  • Lead/manage system development activities:
  • Evaluate existing systems, identify the need for new systems or modifications to existing systems, identify system issues, and resolve issues identified, in coordination with the Information Systems and Technology department.
  • Translate business requirements into clear and detailed specifications.
  • Serve as the principal liaison between the Disbursement Division and the Bank's Information Technology Department, particularly on initiatives to continually enhance the efficiency of disbursement processes.
  • Oversee processing of loan and grant disbursements, contribute to portfolio monitoring and ensure that disbursement arrangements for proposed projects are compliant with ADB disbursement policies.
  • Prepare reports on disbursement activities to Management and the Boards of Directors, as well as verification and exception reports for follow-up by staff in Operations, the Financial Control Department and the Treasury Department.
  • Be the primary contact person on disbursement harmonization initiatives and activities.
  • Prepare or update disbursement policies and guidelines.
  • Assist as required in training of Regional Member Countries on disbursement procedures and policies.
  • Represent the Disbursement Division on relevant Bank-wide working groups.
  • Monitor the follow up and implementation of Audit recommendations.
  • Assist the Division Manager on other assignments, as required.

    Selection Criteria

    Including desirable skills, knowledge and experience

  • At least a Masters in Accounting or Finance with a minimum of 7 years of experience.
  • Strong working knowledge of SAP R/3 with certification in one or more modules (preferably CML or FI).
  • Good knowledge of accounting and financial information systems.
  • Strong technical aptitude and business systems management experience.
  • Experience with internal audit and internal control systems and procedures, with the ability to assess such systems and recommend remedial action where necessary.
  • Understanding of management information systems and the application of new information technologies.
  • Capacity to function as a member 0f multi-disciplinary team, search for common ground, and where appropriate recommend decisive actions.
  • Strong communication skills, with the ability to prepare, present and discuss technical issues in a manner understandable to non-technicians.
  • Ability to communicate (write and speak) effectively in English or French with a working knowledge of the other language.

    To apply for this position, you need to be national of on of the AfDB: Chief Disbursement Controller

    Closing Date: 15 April 2013

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