Disbursement Assistant - FIFC.3
African Development Bank - AfDB
Nigeria
1d ago
source : myJobmag

Duties and Responsibilities

Under the overall supervision of the Manager, Energy and Infrastructure (RDGS1), the Senior Power Engineer will perform the following :

Business Development and Pipeline management :

Provide support to the Regional Member Countries (RMC) and bank teams in the origination, preparation, structuring and implementation of complex and innovative projects.

Work with Region / Hub-based staff and relevant governance / risk / compliance units, in the process of identification, preparation and execution of Sovereign (SO) and Non-

  • Sovereign (NSO) operations, as well as in conducting policy / result based operations and technical assistance related to the above topics;
  • Contribute to solving issues related to energy sector development including advice to RMCs for promoting policies conducive to strong growth / development of the energy sector as well as other areas of activity of the Division (creation of an enabling environment for private sector investments in energy projects, corporate governance);
  • Review the various proposals and communications sent to the Bank by its partner, clients and RMCs; and take appropriate action, including issuing of technical opinion on government submissions to the Bank, drafting of responses and / or reports / presentations and internal or external follow-

  • up. This includes, inter alia, preparation of bidding documents, bid evaluation reports, quarterly progress reports, request for extension of contracts or LDD (Last Disbursement Date);
  • Provide the required technical skills to design national and multinational projects that respond to the needs of the RMCs and regional economic communities based on their priorities and selectivity;
  • Liaise with other development partners in order to identify opportunities for co-financing and other partnerships;Provide inputs for the power sector into the Bank’s pipeline of projects;
  • Portfolio Management :

    Provide sector expertise for quality assurance in : preparation of terms of reference (TORs), requests for proposals (RFPs), tender documents to procure goods and / or services in line with the Bank’s procurement rules : (and Bank staff) regarding execution of socio-

  • techno-economic (pre-) - feasibility studies and utility performance diagnostics; Undertake the supervision of the Bank’s portfolio of power sector investments, review of relevant monitoring, evaluation reports, and field inspections as necessary;
  • and proffer measures for resolving material operational weaknesses.Ensure timely procurement and disbursement of active power projects in the Bank’s portfolio, liaising with Government departments and project implementation units to address blockages in project execution, using the Bank Portfolio Dashboard as main monitoring tool.

    Knowledge Production and Coordination :

  • Contribute to the preparation of energy sector assessments and other upstream analytical and diagnostic work to inform Country Strategy Papers (CSP) ;
  • provide support to country / regional departments on policy dialogue with RMCs relating to energy sector and related issues;
  • and provide back-up to country offices to ensure provision of quality advisory service to RMCs ;Contribute to the preparation of policy statements, papers, briefs and various reports on energy sector issues and other areas relevant to the Energy, Environment & Climate Change Department;
  • Represent the Bank in national and regional partnerships, networks, conferences, workshops, and training seminars on issues related to energy sector development and related issues;
  • Undertake any other tasks as assigned by the Manager.

    Selection Criteria

    Including desirable skills, knowledge and experience :

    Hold at least a Master's degree in Electrical Engineering, Civil Engineering or Electromechanical Engineering. Additional training in management and / or economics is an asset.

  • Demonstrate at least five (5) years of relevant professional experience and proven track record and analytical skills in the following areas : power sector strategy formulation;
  • financing of energy projects; management and operation of power generation, transmission and distribution utilities; electrical system planning and design;
  • preparation of bidding documents; project management; contract administration; costing of infrastructure projects; monitoring and supervision of work on the construction of major power plants, transmission and distribution infrastructure / electrical worksDemonstrable analytical skills in the following areas : power sector strategy formulation;
  • financing of energy projects; management and operation of power generation, transmission and distribution utilities; electrical system planning and design;
  • preparation of bidding documents; project management; contract administration; costing of infrastructure projects; monitoring and supervision of work on the construction of major power plants, transmission and distribution infrastructure / electrical works.

    Knowledge and understanding of project financing / financial and economic appraisal would offer an advantage.Experience in implementing projects with public sector institutions and / or bilateral and multilateral development finance institutions will give an added advantage for this position.

  • Proven ability to interact competently with the staff of government and donor agencies on issues relating to aid coordination, as well as with the private sector;
  • Proven ability to build and lead a team of professional staff, and utilize talent and expertise of team members in a productive way;
  • Good listener with demonstrated ability to present and win support for ideas as well as make effective and timely decisions;
  • Capacity to initiate and manage innovations and changeFamiliarity with project management and project identification procedures in Development Finance Institutions multilateral organizations, and in particular of the African Development Bank, an added advantage.

    Good command of standard software (, spreadsheets, databases and presentations). Knowledge of SAP is desirable.Excellent written and oral communication skills in English.

    Good working knowledge of Portuguese and French will be an added advantage.

    Reference : ADB / 18 / 068

    The Complex

  • The Vice Presidency for Finance oversees the financial management of the Bank Group. This encompasses the Bank Group’s treasury activities including borrowings from the capital markets and investment activities;
  • controllership functions including financial reporting and loan administration; strategic resource mobilization and the strengthening of the non-

    statutory financial resources and instruments; the overall asset / liability management for the Bank Group.

    The Hiring Department / Division

    The Financial Control Department of the African Development Bank (The Bank) is responsible for accounting for the financial consequences of the Bank Group’s transactions and decisions, and for the preparation, fair presentation and overall integrity of the internal financial reports and published financial statementsThe department is also responsible for loan administration and accounting and related fiduciary responsibilities, including disbursement of funds to projects and programs financed by the Bank Group.

    Lastly, the department provides decision support and expertise in the development and implementation of financial control policies, operational and financial strategies and related information systems.

    The primary objective of the Loan Disbursement Division is to ensure compliance with key fiduciary related articles in the Agreement Establishing the African Development Bank and Fund.

    Ensure that adequate controls are maintained around the disbursement of Bank Group financed project.

    The Position

    Under the general supervision of the Disbursement Officer, the Disbursement Assistant is primarily responsible for determination of the completeness of borrowers’ requests in accordance with the Bank’s policies and procedures, Verification of documentation and processing of disbursements or special commitment requestsThe Incumbent provides support to negotiations, mission preparation, and disbursement seminars and ensure timely disbursements of proceeds from Bank Group and co-

    financed projects in accordance with relevant loan and protocol agreements and Bank Group policies.

    Duties and Responsibilities

    The Disbursement Assistant functions will include the following :

    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.

    Capacity Building :

    Provide input into the training of Executing Agencies, Projects, and Bank Staff.Participate in the design of materials for disbursement seminars.

    Respond to questions regarding disbursement procedures.Answer questions from Task Team Leaders, borrowers, commercial banks, and suppliers on payments, balances, and application status.

    Coach and mentor new Disbursement Assistants (DAs) on disbursement procedures.

    Departmental / Divisional Tasks :

    Participate in departmental / divisional task forces.Identify issues relating to disbursement policies, procedures and guidelines and propose actions or enhancements.

    Undertake ad-hoc assignments at the discretion of the Division Manager.Participate in the review of project documents such as Appraisal Reports, Country Strategy Papers, and Project Completion Reports and provide input to supervisors.

    Selection Criteria

    Including desirable skills, knowledge and experience :

    Hold at least a Bachelor's Degree or its equivalent in Accounting or Business Administration and preferably membership of an internationally recognized professional accounting body.

    Have a minimum of five (6) years of direct relevant experience preferably in accounting in a large organization.Audit experience would be an advantage.

    Familiarity with disbursement policies, guidelines and procedures of multilateral development institutionsGood 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 deadlinesGood understanding of internal control concepts and business aptitude for figures and attention to detailAbility 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. (adsbygoogle ).push( );
  • Reference : ADB / 18 / 069

    Location : Côte d’Ivoire

    The Complex

    The Vice Presidency for Private Sector, Infrastructure and Industrialization is central to the Bank’s mission of developing the private sector, improving infrastructure and accelerating industrialization.

    The complex main functions are to : Strengthen the enabling environment for private sector and financial sector development conducive to inclusive growth and sustainable development,Support the development of reliable and sustainable infrastructure, including cities and urban development, andPlace renewed emphasis on industrial and trade performance in support of structural transformation across Africa.

    The Complex leverages knowledge, co-financing, and partnerships to attract private capital and work with governments on delivering the Bank’s development agenda.

    The Hiring Department

    The primary role of the Financial Sector Development (FSD) Department is to help the Regional Member Countries (RMCs) increase the reach, depth, and breadth of their financial systems, while safeguarding financial stability.

  • The Department has four long-term objectives : (i) development of a vibrant private sector through an inclusive access by households and enterprises to financial services;
  • ii) strengthening markets participants; (iii) developing efficient capital markets, and (iv) deepening regional financial integration.

    Paired with other Industrialization, infrastructure and Private Sector complex departments, the FSD Department is responsible for implementing the Bank Group’s Financial Sector Development Policy and Strategy 2014-

    2019 (FSDPS) towards vibrant, innovative, robust and competitive financial systems, both national and regional, and in both the public and private sector levels of RMCs.

    FSD plays a transversal role across the Bank’s five strategic priorities, applying its financial deepening and access tool kit to the High Five (H5) agenda.

    Fundamentally, the scalability and policy momentum inherent in the H5 agenda create an important opportunity for expanded relevance of the FSD core skill-

    set : flexible financing instruments and delivery frameworks for financial inclusion, smart resource mobilization and capital markets development.

    FSD leverages partnerships to bring about greater developmental impact in financial sector development.The Financial Inclusion and Intermediation Division focuses on promoting innovative financial and non-

    financial products and services that are responsive to the needs of Bank’s clients in a bit to boost and increase access to finance and financial services by private enterprises including African SMEs, as well as other underserved sectors and populations.

    The Division’s work thus focuses on financial intermediation and related operations to enhance of FIs capacity to support Bank priority areas including infrastructure, agribusiness, women businesses, SMEs, etc in line with the Bank’s Ten Year Strategy and the High Five Priorities of the AfDB (Light up and power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and Improve the quality of life for the people of Africa) in order to accelerate Africa’s economic transformation.

    The Position

    The Investment Analyst will be responsible for :

    Monitor and evaluate the progress of the SME Program approvals against the Program’s key performance indicators. Progress will be reported on a regular basis to various stakeholders and captured in formal progress reports.

    S)he will also prepare or assist in updates for the Board on program implementation.Provide analysis for Senior Management on investments and their related development outcomesSupport, develop and co-

    lead the due diligence approval and financial closure of Financial Sector projects as well as provide technical support and inputs to diverse areas.

    Duties and Responsibilities

    New Business Development :

    Support investment officers and Bank staff in the deal flow development of good quality investment pipeline for the Bank’s financial sector assistance, focusing on the Africa Small and Medium Enterprises (SME) program, through client outreach, marketing and deal screening.

  • This will include anticipating market trends and employing sector / country / regional knowledge; (S)he will also engage with various task managers and other staff in AfDB offices and will conduct market research with a view to develop a strong pipeline of SME program transactions;
  • Coordination of Technical Assistance :

    Working closely with the TA provider, launch requests for specific assignments, review TA needs assessments and track the implementation of TA programs.

    The staff should also initiate and coordinate the engagement of E&S and IDD consultants if and where required.

    Monitoring and Reporting :

    The staff will track the progress of the SME Program approvals against the Program’s key performance indicators. Progress will be reported on a regular basis to various stakeholders and captured in formal progress reports.

  • S)he will also prepare or assist in updates for the Board on program implementation;
  • Communication :

    The staff should lead the effective implementation of the Program website and the operation of the back-office system including the uploading of information by (potential) clients.

    S)he has to maintain the website application system and feedback and market communication.(S)he will be required to prepare and issue press releases related to Program approvals, presentations and communiques on the Program and to organize and coordinate press events.

    S) he introduces the program to various Bank field offices and undertakes communications to other internal and to external parties, the latter in view of developing (co-

  • financing and other possible) partnerships;
  • Knowledge Management :

    The staff serves as the focal point within the AfDB for questions related to the Africa SME Program. (S)he is also required to maintain Program files on a central platform and to ensure all Program outputs (include TA reports and TA products) are collected and appropriately filed.

    External Liaison and Knowledge Sharing :

  • Nurture and build relationships with FIs including banks, equity funds, Development finance Institution (DFIs), Micro finance Institutions (MFIs) and other financial sector actors in the region and beyond as well as with other relevant development partners, investors and government authorities and entities;
  • Contribute to the documentation of lessons learned from Financial Sector operations and emerging best practices in areas of expertise;
  • Provide peer review to other colleagues to share industry knowledge and information on financial sector;
  • Selection Criteria

    Including desirable skills, knowledge and experience :

  • Hold at least have a Master’s Degree or equivalent, in business administration, accounting, finance, or related fields;Have a minimum of four (4) years of professional experience in the financial sector;
  • Experience in MDB’s (Multilatéral development bank ) project life cycle;Excellent modelling and analysis skills;Thorough understanding with financial services institutions, capital markets and treasury products;
  • Multi-disciplinary strategic orientation experiences, business awareness and ability to develop action oriented plans;Strong analytical and creative problem solving skills;
  • Ability to contribute to sound decisions and contribute to the execution of the decisionsExcellent problem solving capabilities, applies business knowledge to the resolution of problems and identifies solutions to the benefit of the client (internal and external) and the organization.

  • Excellent organizational, administrative, and time management skillsProven ability to work with limited supervision and efficiently to deliver under pressure and meet tight deadlines;
  • Willingness to travel extensively and geographic flexibility;Excellent presentation skills;Ability to communicate orally and in writing effectively in French or English, with a good working knowledge of the other language.

    Competence in the use of standard Microsoft Office applications (Word, Excel, Access, PowerPoint),

    Reference : ADB / 18 / 072

    Location : Côte d’Ivoire

    The Complex

    The Vice Presidency for Private Sector, Infrastructure and Industrialization is central to the Bank’s mission of developing the private sector, improving infrastructure and accelerating industrialization.

    The complex main functions are to (i) strengthen the enabling environment for private sector and financial sector development conducive to inclusive growth and sustainable development, (ii) support the development of reliable and sustainable infrastructure, including cities and urban development, and (iii) place renewed emphasis on industrial and trade performance in support of structural transformation across Africa.

    The Complex leverages knowledge, co-financing, and partnerships to attract private capital and work with governments on delivering the Bank’s development agenda.

    The Hiring Department

    The primary role of the Financial Sector Development (FSD) Department is to help the Regional Member Countries (RMCs) increase the reach, depth, and breadth of their financial systems, while safeguarding financial stability.

  • The Department has four long-term objectives : (i) development of a vibrant private sector through an inclusive access by households and enterprises to financial services;
  • ii) strengthening markets participants; (iii) developing efficient capital markets, and (iv) deepening regional financial integration.

    Paired with other Industrialization, infrastructure and Private Sector complex departments, the FSD Department is responsible for implementing the Bank Group’s Financial Sector Development Policy and Strategy 2014-

    2019 (FSDPS) towards vibrant, innovative, robust and competitive financial systems, both national and regional, and in both the public and private sector levels of RMCs.

    FSD plays a transversal role across the Bank’s five strategic priorities, applying its financial deepening and access tool kit to the High Five (H5) agenda.

    Fundamentally, the scalability and policy momentum inherent in the H5 agenda create an important opportunity for expanded relevance of the FSD core skill-

    set : flexible financing instruments and delivery frameworks for financial inclusion, smart resource mobilization and capital markets development.

    FSD leverages partnerships to bring about greater developmental impact in financial sector development.

    The Position

    The Investment Analyst will be responsible for collecting and disseminating accurate data and knowledge work for Senior Management.

    The purpose of the job is as follows :

    Provide analysis for Senior Management including : Lending, Work program, non-lending activities and portfolio analysis.

    Provide Financial sector inputs for the preparation of the FS strategyAssist with financial sector input in the preparation of internal report for Senior ManagementTrack financial sector limit consumption and monitor internal FS decision making tool to ensure that Senior Management is in line.

    Originate, develop and co-lead the due diligence approval and financial closure of Financial Sector projects as well as provide technical support and inputs to diverse areas.

    Lead / co-lead the implementation of projects and investments to ensure portfolio investments are undertaken with adherence to project legal documents including the Common Terms Agreement.

    Duties and Responsibilities

    Analysis and Portfolio Supervision :

    Provide weekly analysis on the work program, portfolio monitoring, and KPIs achievement.Track financial sector limit consumption and monitor internal FS model.

    Provide quantitative support in the development of the Financial Sector Portfolio management strategy, and assist in execution of this strategyLead / Co-

    lead Financial sector supervision duty and seek internal approval for further processing (disbursement, closure, waivers, restructuring requiring approval from committee etc)Prepare consolidated reports on the of the financial sector portfolio for Management information that will drive strategic investment decisionAssist with financial sector input in the preparation of internal report for Senior Management

    Project Development and Processing :

  • Liaise and coordinate with other Bank staff in the origination of a good quality investment pipeline for the Bank’s financial sector departmentBuild and maintain strong relationships with other departments, clients, banking and multilateral partners and government officials to develop specific investment opportunities;
  • Undertake, coordinate and manage the necessary due diligence, financial modelling, risk analysis and mitigation in the structuring of Bank instrumentsPrepare project appraisal reports for presentation to the department, review committees, senior management and finally to the Board of Directors.

    Coordinate with sector colleagues, the internal approvals to proactively find pragmatic solutions to emerging / specific sector challenges.

    Work with legal department to ensure that all deals have appropriate legal documentation and that financial close is achieved, and hand over projects to portfolio management staff.

    External Liaison and Knowledge Sharing :

    Nurture and build relationships with FIs including banks, equity funds, Development finance Institution (DFIs), Micro finance Institutions (MFIs) and other financial sector actors in the region and beyond as well as with other relevant development partners, investors and government authorities and entities.

    Contribute to the documentation of lessons learned from Financial Sector operations and emerging best practices in areas of expertiseProvide peer review to other colleagues to share industry knowledge and information on financial sector

    Selection Criteria

    Including desirable skills, knowledge and experience :

  • Hold at least have a Master’s Degree or equivalent, in Business Administration, Accounting, Finance, or related fields;Have a minimum of four (4) years of professional experience in the financial sector ;
  • Experience in MDB’s (Multilatéral development bank) project life cycle;Excellent modelling and analysis skillsThorough understanding with financial services institutions, capital markets and treasury products;
  • Multi-disciplinary strategic orientation experiences, business awareness and ability to develop action oriented plans;Familiarity with portfolio management concepts and the analytical tools needed to perform the required analysis;
  • Strong analytical and creative problem solving skills;Demonstrated ability to undertake comprehensive due diligence including financial analysis of financial institutions, such as banks, non-

    bank financial institutions and private equity funds;Ability to contribute to sound decisions and contribute to the execution of the decisionsExcellent problem solving capabilities, applies business knowledge to the resolution of problems and identifies solutions to the benefit of the client (internal and external) and the organization.

  • Excellent organizational, administrative, and time management skillsProven ability to work with limited supervision and efficiently to deliver under pressure and meet tight deadlines;
  • Willingness to travel extensively and geographic flexibility;Excellent presentation skills;Ability to communicate orally and in writing effectively in French or English, with a good working knowledge of the other language.

    Competence in the use of standard Microsoft Office applications (Word, Excel, Access, PowerPoint), as well as i) VBA, R, Matlab ii) Database software : MySQL

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