CALL FOR EXPRESSION OF INTEREST (EOI)
RECRUITMENT OF A FINANCIAL MANAGEMENT SPECIALIST
AMI N°01/CRRH-UEMOA 2023
 

1.    CRRH-UEMOA is a banking financial institution created on 17 July 2010, with a mandate to provide funds to its shareholders and Decentralized Financial Systems (DFS) to refinance housing loans granted to their clients, in accordance with the terms and conditions set out in its Articles of Association.

CRRH-UEMOA obtained funding from the International Development Association (IDA) in October 2017 under the World Bank/WAEMU regional project to promote affordable housing finance in WAEMU, and intends to use part of this funding to finance the contract for the services of a Financial Management Specialist (FMS).

2.    Management of CRRH-UEMOA invites applications to recruit a Financial Management Specialist for eight (8) months. Under the direct authority of the Managing Director and the supervision and hierarchical responsibility of the Deputy Director in charge of Budget and Accounting of CRRH-UEMOA, the Financial Management Specialist’s main task will involve accounting and financial management of the Project. Specifically, the FMS will be responsible for the following tasks, in compliance with World Bank regulations and standards:
 

System :

• Manage and coordinate all financial and accounting activities (finance, accounting, organization, and monitoring of the Project’s financial and accounting system) and monitor budget implementation;
• Ensure compliance with budgeting and reporting schedules; 
• Ensure proper use of the project funds;
• Approve payment vouchers in collaboration with the Deputy Director for Budget and Project Accounting;
• Assist Project Management in negotiations with financial partners;
  Collaborate with Procurement, Internal Audit, and the consultant selected for the external audit of the project;
• Ensure proper use of the Project’s financial resources.
   

Budget :

• Coordinate budget implementation together with the various stakeholders involved in project implementation;
• Monitor the proper budget implementation; prepare quarterly and annual budget monitoring reports and analyze variances with related reports.
   

Accounting and cash flow

• Ensure that the Project’s general, analytical, and budgetary accounts are kept up to date (reliability, speed, analysis, reconciliation, taking into account monthly reporting requirements) and verify accounting entries;
• Manage and monitor financial operations (commitment, withdrawal, settlement, bank reconciliation statements) for the Project;
• Ensure archiving of accounting documents;
• Carry out allocations, entries, and accounting checks: automatic controls, accuracy of balances, reliability, completeness, and consistency of financial statements;
• Examine the validity of supporting documents before payment.
   

Financial management statements (on time)

• Prepare and verify financial statements as part of financial audits;
• Ensure quarterly financial reporting to donors (Interim Financial Report);
• Draw up daily, weekly, and monthly dashboards for the Project's financial and accounting management.
   

Audit procedures and control:

• Ensure compliance with procurement procedures, efficient financial management, and transparent use of resources;
• Participate in the preparation of all documentation required for the quarterly, semi-annual, or annual review of project execution plans;
• Prepare and assist with financial audits;
• Ensure the implementation of recommendations relating to financial and accounting management following internal and external audits, donor supervision, and those of various consultants, where applicable; 
• Organize and implement financial management control based on dashboards and periodic controls.
   

Disbursement and procurement :

• Draw up a quarterly disbursement plan based on the procurement plan;
• Monitor cash flow (maintain liquidity at all times) to ensure prompt payment of project expenses;
• Prepare requests for withdrawal of funds and all necessary documentation for disbursements per World Bank guidelines;
• Prepare and track requests for payment and reimbursement of funds
   

Other

• Maintain financial relations with the commercial bank where the Project Account is held;
• Carry out any other tasks entrusted to him by Management within the scope of his duties

3.    Management of CRRH-UEMOA invites interested persons to express their interest by providing the following information demonstrating the relevant qualifications and experience to deliver the services:

• Detailed Curriculum Vitae (CV) ;
• Cover letter ;
• Certified true copies of certificates;
• Work certificates ;
• and other documents proving the applicant’s qualifications and experience.
   

4.    The profile of the candidate sought is as follows: 

Qualification :

Hold at least a 4/5-year post-graduate degree in accounting, finance, management, auditing, management control, or any equivalent discipline (MSTCF, DESCF/DSCG, DESCOGEF, DESS...) from a recognized academic institution.

Applicant’s relevant experience

• At least ten (10) years of general professional experience in financial management, accounting, and auditing in the private sector or public administration;
• At least five (05) years of practical experience in a similar position, chief accountant, senior accountant, internal auditor, or financial controller in externally-funded projects (World Bank, African Development Bank, European Union, Agence française de développement, United Nations Development Program, etc.); 
• Financial management and accounting skills.
   

Skills 

• Good organizational and communication skills; 
• Good writing skills and ability to prepare reports, documents, and reporting statements;
• Good command of French (written and spoken), English would be an asset;
• Good command of current office applications (Word, Excel, Powerpoint, Internet and e-mail); 
• Perfect command of at least one commonly used accounting or project management software package (TOMPRO, SUCCES, etc.); 
• Be free of conflicts of interest and committed to protecting the integrity of the project;
• Good character, moral integrity, and discretion;
• Thorough handling of files;
• Ability to work in a team; 
• Able to work at a fast pace and under pressure; 
• Acceptance of off-duty work;
• Ability to work in emergencies;
• A good knowledge of the country’s public finances would be an added advantage. 
   

Performance criteria

The Financial Management Specialist’s effectiveness and performance will be measured in terms of: 

• compliance with obligations to send financial monitoring reports (45 days after the end of each half-year) and audit reports (30 June N+1);
• satisfactory quality of the interim half-yearly financial reports and annual accounts presented for audit;
• Favorable opinions expressed by the external auditor on the annual accounts 
  Number of Repayment Requests/Direct Payment Requests rejected or partially reimbursed by IDA;
• Time taken to pay consultants’ invoices and fees;
• Time taken to implement the recommendations of internal and external auditors and those of IDA project implementation support missions.
   

Selection will be based on a comparison of the qualifications and experience of the candidates for the post, and he/she will be invited to the contract negotiations.

Interested applicants may obtain further information at the address below and at the following times: Monday to Friday from 9:00 to 12:00 and from 15:00 to 17:00 (local time).

9.    Applications must be submitted by e-mail or in a sealed envelope marked: “Dossier de candidature pour le Recrutement d’un (e) Spécialiste en gestion financière pour la CRRH-UEMOA” by 10 a.m. U.T. on 25/04/2023 to the following address:

CAISSE REGIONALE DE REFINANCECEMENT HYPOTHECAIRE (CRRH-UEMOA)

Direction Générale de la CRRH-UEMOA,

68 Avenue de la Libération, Immeuble BOAD, BP 1172 Lomé (TOGO)  

Téléphone : (00 228) 22 23 27 22

E-mail : SGF@crrhuemoa.org

Lomé-TOGO

Lomé, le 07/04/2023

Mme Yedau OGOUNDELE  
Managing Director