Head of Finance Job Opportunity – East African Development Bank (EADB)

Job Title:    Head of Finance
Organisation: East African
Development Bank (EADB)
Duty Station: Kampala,
Reports to: Director General
About EADB:
The East African Development Bank (EADB) is an international
development finance institution, whose mandate is to promote the sustainable
economic development of East Africans. Shareholders of the EADB are Uganda,
Kenya, Tanzania, Rwanda, the African Development Bank (AfDB), and other
international financial institutions.
Job Summary: The Head of
Finance will be responsible for the provision of strategic leadership and
ensuring high quality accounting and financial services to the Bank. In
addition the job holder will be responsible for the provision of professional
service and leadership to the finance team. Further, this role will be
responsible for the provision of oversight on the development and
implementation of finance-related systems.
Key Duties and Responsibilities:
Actively participate in the development of the
institution’s strategy in order to ensure alignment of the finance function
with the institution and the Bank’s overall strategy;
Steer the design and implementation of a
financial management strategy for the Bank to ensure that finance operations
are aligned to the Bank’s strategy;
Participate actively in resource mobilisation
and prepare documentation for capital markets activities;
Develop annual, medium-term and long–term
financial plans;
Lead in the design and implementation of
financial risk management processes by establishing and continuously improving
on the existing internal controls;
Provide a leadership role in the management of
the Bank’s financial budget and ensure prudent utilisation of funds on
different projects within the Bank;
Develop and implement models and systems to
produce financial projections monthly, quarterly, annual and periodically and
propose measures to ensure satisfactory financial performance of the Bank;
Lead in the proactive review and management of
the Bank’s balance sheet.
Oversee the preparation of cash flow forecasts
and business forecast reports and continuously monitor the cash flow position
of the Bank to minimise disruption to the Bank operations;
Review periodic financial statements emphasising
on the monthly variance report for revenue and operational and design recovery
plans to ensure effective revenue management and operational control throughout
the year;
Formulate strategies and initiatives to help
deliver significant efficiency and effectiveness gains across all departments
within the Bank;
Develop and implement business planning
policies, procedures and strategic plans and monitor planning objective
timelines for the Bank and
Keenly monitor all aspects of business planning
including workforce planning and the service delivery model and identify
business process improvements.

Qualifications, Skills and
A minimum of ten years’ experience, including at
least five years’ experience at head of department level in an active
multi-national commercial bank environment or a large financial institution.
The applicant must hold a Master’s Degree in
Finance, Economics, Commerce, Accounting or any other equivalent and relevant
qualification from a recognized university.
The candidate must be a Certified Public
Accountant or a member of the Association of Certified Chartered Accountants
(ACCA) or have similar qualifications from other recognized professional
Previous experience in managing a portfolio of
currencies, resource mobilization and capital markets transactions;
Previous experience in booking treasury
transactions, asset/liability management and swap book management and liability
Extensive knowledge and experience in the
implementation of a core banking system;
Hands-on experience in concluding resource
mobilization transactions in the local and international capital markets and
with multi-lateral and bi-lateral funding agencies;
Broad knowledge, understanding of, and
experience in working with, reporting standards such as IFRS and GAAP, and have
working knowledge of IPMAS;
Significant demonstrated experience of the
preparation of management and annual accounts, business analysis and management
information as well as the development, maintenance and monitoring of
management information systems and procedures;
Computer literacy i.e. proficient in the use of
MS Office and financial management software (e.g SAP, Flexcube).
Must demonstrate impeccable integrity, honesty
and a strong ethical background with an ability to resist and maintain zero
tolerance for corrupt, political and other undesirable influences;
Ability to build and maintain constructive and
effective relationships with stakeholders and staff alike;
Must be open to change and be able to adapt
established methods for new uses within the Bank;
Excellent interpersonal skills.
How to Apply:
If you are a national of one of the EADB member states and your career
aspirations match the aforementioned job role, please send your application
online at the link below
Deadline: 24th November, 2017

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