Position Title: Finance Officer - APPM (AfCDC)
Employer: African Union Commission (AUC)
Employment: Full-Time | Contract
Place of Work: Addis Ababa - Ethiopia
Salary: US$ 85,212.07 (annual)
Posted date: 4 months ago
Deadline: Submission date is over
Purpose of Job
The African Pooled Procurement Mechanism (APPM), coordinated by Africa CDC, is a strategic initiative aimed at strengthening access to quality-assured health products across African Union Member States through collective procurement. The Finance Officer plays a critical role in ensuring sound financial management, transparency, and accountability within the APPM. This includes:
- Supporting budget execution
- Conducting financial reporting
- Optimizing costs
- Mitigating risks in alignment with Africa CDC’s goals and donor requirements
Main Functions
- Lead preparation and monitoring of APPM budgets and financial forecasts
- Deliver timely financial reports and analyses to support decision-making
- Manage liquidity, forecast cash flows, and coordinate treasury operations
- Monitor costs, identify savings, and mitigate financial risks
- Ensure adherence to financial regulations and internal controls
- Enhance financial workflows and tools for transparency and efficiency
Specific Responsibilities
- Assist in the preparation, monitoring, and implementation of APPM budgets, ensuring alignment with program objectives and donor requirements
- Support the financial planning process for APPM including forecasting resource needs and preparing budget proposals
- Conduct periodic reconciliation of vendor balances and trust fund
- Assist in the review and analysis of financial reports, statements, and transactions to ensure accuracy, completeness, and compliance
- Collaborate with program and project managers to track expenditure against budget allocations and identify variances and trends
- Assist in the preparation and submission of financial reports to donors, government agencies, and other stakeholders, ensuring timeliness and accuracy
- Provide guidance and support to APPM staff on financial management policies, procedures, and systems
- Assist in conducting financial assessments and risk analyses for programs and projects
- Liaise with internal and external auditors to facilitate audits of program and project financial records
- Support the implementation of financial management systems and tools to enhance efficiency, transparency, and accountability
Academic Requirements and Relevant Experience
A Bachelor’s degree in finance, accounting, business administration, economics, or a related field with a minimum of 5 years of relevant experience in finance, accounting, or financial management, preferably in an international, donor-funded, or public sector environment. Alternatively:
- Master’s degree in finance, accounting, business administration (concentration in Finance or accounting), economics, or a related field with a minimum of 2 years of relevant experience
- Professional certifications in finance or accounting are an added advantage
- Experience in analyzing large datasets and performing statistical analysis
- Certifications such as CPA, ACCA, CIMA, or CA are beneficial
- Certification in Public Financial Management, Financial Analysis, or Investment Management is an asset
- Experience in budget preparation, financial reporting, and donor compliance is highly desirable
- Practical experience with accounting systems and ERP platforms (e.g., SAP, Oracle) and advanced proficiency in Microsoft Excel
- Exposure to African Union, United Nations, or similar institutional frameworks is an added advantage
- Experience supporting programmatic financial planning, audits, and risk assessments in multi-stakeholder environments is preferred
- Experience managing finances in support of health procurement mechanisms, pooled procurement, or supply chain finance is highly desirable
Required Skills
- Proficiency in one of the AU Official working languages (Arabic, English, French, Kiswahili, Portuguese, and Spanish) and fluency in another AU language(s) is an added advantage
- Demonstrated ability in financial planning, budgeting, and monitoring in alignment with program goals and donor requirements
- Proficiency in preparing and analyzing financial reports and statements to ensure accuracy, completeness, and compliance
- Strong accounting and reconciliation skills, including vendor account and trust fund reconciliations
- Ability to support internal and external audit processes and ensure adherence to financial regulations and audit requirements
- Experience in conducting financial risk assessments and implementing mitigation measures
- Familiarity with financial management systems (e.g., ERP) and digital tools to improve financial reporting and transparency
- Capacity to liaise effectively with program staff, donors, and stakeholders on financial matters
- Proven skills in providing financial guidance, capacity building, and ensuring compliance with organizational and donor policies
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