Job Title:  Senior Finance officer IPSAS Expert

Posting Start Date:  2/19/25

Job Description: 

AU Values

            • Respect for Diversity and TeamWork             • Think Africa Above all                     

            • Transparency and Accountability                    • Integrity and Impartiality                       

            • Efficiency and Professionalism                       • Information and Knowledge Sharing

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Organization Information

Reports to: Head of Accounting Division
Directorate/Department/Organ: Finance
Division: Accounting
Number of Direct Reports: 0
Number of Indirect Reports: 0
Job Grade: P3
Number of Positions: 1
Contract Type: Fixed-Term
Location: Addis Ababa
 

Purpose of Job

To ensure that the AU maintains full IPSAS compliance under the AU IPSAS framework and ensure that IPSAS is embedded in AU daily activities.  
 

Main Functions

•    Review the IPSAS implementation strategy / roadmap and clearly outline the priority areas of focus in implementation;
•    Provide high level technical guidance to the management on IPSAS policy options based on implications, context and other organizational factors;
•    Provide regular technical operational and coordination support and guidance to the various African Union Offices, interpret reporting requirements under IPSAS with reference to AU applicable IPSAS policies, taking into consideration revised AU financial rules, AU staff regulations and rules and procurement manual;
•    Promotes best practices, transparency, accountability and appropriate working systems in accordance to IPSAS. 
•    Liaise with other Divisions involved in financial reporting process and ensure all transactions recorded per IPSAS;
•    Review accounting entries and Trial Balance and ensure correctness of posting and adjust or alert the other divisions to do the necessary adjustments;
•    Undertake other IPSAS related activities as assigned by the Head of Division.  
 

Specific Responsibilities

•    Review and update the existing AU IPSAS policy, accounting procedures manual, revised AU financial rules to update with new IPSAS developments applicable to AU;
•    Manage IPSAS compliant periodic reporting by ensuring completeness, accuracy and proper supporting data.
•    Lead the preparation of AU IPSAS compliant consolidated financial statements and reports and audit files to support them;
•    Prepare Year End IPSAS Guidance Plan;
•    Carry out quick IPSAS training needs assessment in order to understand needs of the diverse stakeholders and develop proper targeted training programs;
•    Facilitate targeted organization wide IPSAS awareness and training for all AU Offices;
•    Prepare a portal for AU Finance Officers with IPSAS materials and guidance with examples and frequently asked questions and answers;
•    Monitor progress on the implementation process and recommend and support relevant / necessary and corrective actions;
•    Provides advice and ensures compliance with Financial Rules and regulation, IPSAS, Executive decisions and other determined financial policies. 
•    Ensures that accurate and complete accounting, reporting and internal control systems are functioning and that all relevant records are maintained accurately;
•    Prepares management reports for AUC and AU organs for consideration of the Commission, Member States and Partners as well as internal/external auditors.
 

Academic Requirements and Relevant Experience

•    A Master’s Degree in business administration, finance, accounting or related field with seven (7) years of experience in Accounting and financial Audit, in preparing IPSAS compliant Financial Statements of which 3 years should have been served at supervisory level.

•    Or

•    Bachelor Degree in business administration, finance, accounting or related field with Ten (10) years of experience in Accounting and financial Audit, in preparing IPSAS compliant Financial Statements of which 3 years should have been served at supervisory level.

•    Professional qualification such as CPA, CA, ACCA, CIMA or equivalent is required. 

•    Knowledge in any ERP/SAP system.
 

Required Skills

•    Leadership and management skills. 
•    Ability to successfully manage teams in Multicultural and Multilingual environment;
•    Financial Management and Analytical skills;
•    Interpersonal and negotiation skills 
•    Presentation, report writing and communication skills;
•    Computer skills with practical knowledge of Microsoft Office Suite.
•    Planning and organizing skills 
•    Ability to effectively lead, supervise, mentor, develop and evaluate staff
•    Proficiency in one of the AU working languages, fluency in another AU language is an added advantage
 

Leadership Competencies

Strategic Perspective

Developing Others

Managing Risk

Change Management

Core Competencies

Building Relationship

Communicating with impact

Foster Accountability Culture

.Learning Orientation

Functional Competencies

Conceptual Thinking

Drive for Results

Job Knowledge Sharing

Fosters Innovation

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