Financial officer - APPM at the African Union (AU) in Addis Ababa, Ethiopia

Objective of Position

• The African Pooled Procurement Mechanism (APPM), aligned by Africa CDC, is a planned program targeted at strengthening entry to quality-assured health goods across African Union Member States through collective procurement.
• The Financial officer plays a vital function in making sure sound finance Management, transparency, and responsibility inside the APPM.
• This comprises assisting financial plan implementation, finance reporting, cost optimization, and risk risk reduction in alignment with Africa CDC’s targets and donor qualifications.

Main Processes

• Head project setup and supervising of APPM financial plans and financial projections
• Supply prompt financial statements and evaluation to assist strategic judgment.
• Oversee liquidity, projection cash flows, and organize treasury processes.
• Track expenses, recognize savings, and minimize financial risks.
• Guarantee alignment to financial rules and internal regulates.
• Improve financial processes and resources for transparency and effectiveness.

Specific Duties

• Help in the project setup, supervising, and execution of APPM financial plans, making sure alignment with programme targets and donor qualifications.
• Assist the budgeting process for APPM which includes predicting asset needs and getting ready financial plan proposals.
• Carry out periodic settlement of vendor balances and trust financial support 
• Help in the evaluate and evaluation of financial statements, statements, and financial record to guarantee precision, thoroughness, and adherence with corporate rules and standardized processes.
• Work alongside programme and PMs to track spending against financial plan distributions and recognize variances and practices.
• Help in the project setup and entry of financial statements to donors, regulatory bodies, and other participants, making sure timeliness and precision.
• Offer direction and assist to APPM employees on finance Management rules, standardized processes, and operational structures.
• Help in carrying out financial evaluations and risk evaluation for programs and projects, recognizing possibility financial risks and risk reduction measures.
• Coordinate with within and outside the organization auditors to coordinate audits of programme and project finance records and guarantee adherence with audit qualifications.
• Assist the execution of finance Management operational structures and resources to improve effectiveness, transparency, and responsibility in programme and project processes.

Necessary Competencies:

• Competence in one of the AU Formal operating languages (Arabic English, French, Kiswahili, Portuguese and Spanish) and fluency in another AU language(s) is a plus.
• Exhibited capability in budgeting, financial planning, and supervising in alignment with programme targets and donor qualifications.
• Competence in getting ready and evaluating financial statements and statements to guarantee precision, thoroughness, and adherence.
• Robust accounting and settlement competencies, which includes vendor account and trust financial support adjustments.
• Capability to assist within and outside the organization audit methods and guarantee alignment to financial rules and audit qualifications.
• Expertise in carrying out financial risk evaluations and executing risk reduction measures.
• Understanding with finance Management operational structures (e.g. Enterprise platform planning) and online platforms to enhance finance reporting and transparency.
• Capacity to coordinate productively with programme employees, donors, and participants on financial matters.
• Validated abilities in offering financial direction, skills development, and making sure adherence with corporate and donor rules.
• Robust meticulousness and logical capability to recognize financial practices, variances, and ensure sound financial strategic judgment.

Executive guidance Skills:

• Strategic Findings.
• Conceptualizing Others.
• Adjustment Management.
• Coordinating Risk.

Core Skills:

• Building Connection.
• Promote Responsibility Culture.
• Learning Onboarding.
• Sharing information with Shape.

Operational Skills:

• Theoretical Thinking.
• Role understanding and Information Exchanging.
• Lead for Result.
• Ongoing development Onboarding.

Tenure of Assignment:

The Assignment will be made on a temporary agreement for a period of one (1) year, of which the first three (3) months will be assessed as a probationary period. Thereafter, the agreement may be renewed for a similar period subject to financing accessibility, acceptable effectiveness and accepted outputs. 

Gender Integration:

Africa CDC is an fair access company and certified women are firmly inspired to submit application.

Languages:

Competence in one of the AU operating languages (Arabic, English, French, Kiswahili, Portuguese, and Spanish) is compulsory and fluency in another AU language is a plus.