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African Union Commission (AUC)

African Union Commission (AUC)

Verified

Finance Officer - APPM (AfCDC)

Addis Ababa - Ethiopia Full-Time Contract

Posted

8 months ago

Experience

2 / 5 years

Salary

US$ 85,212.07 (annual)

Deadline

Closed

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

Skills Required:

  • Accounting / Finance
  • Economics / Statistics
  • Sales / Marketing / Business / Management

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