Economic Financial Analyst at Ecowas Commission
Economic Financial Analyst
(1 Position)
Internationally recruited position
Department: Infrastructure
Directorate: PPDU Unit
Grade: P5
Annual Salary: USD 52,273 – USD 59,100
Supervisor: Director PPDU
Reference: ECW-COMM/REC/PPDU-P/002/2012
Duration: Three (3) years (Donor funded position, contract renewable yearly based on performance)
Duty Station: Lomé, Togo
Closing Date: 03 April 2014
By Regulation C/REG.18/01/05 of 18 January 2005, the ECOWAS Council of Ministers created within the ECOWAS Executive Secretariat, a NEPAD infrastructure project implementation unit, known as PDIU(now Project Preparation and Development Unit, PPDU). The mandate of this unit is to develop and implement regional infrastructure projects, especially those related to NEPAD.
Also, the sixty-sixth ordinary session of the ECOWAS Council of Ministers held in Abuja on 19th August 2011 adopted the Regulation C/REG.5/08/11 relating to the denomination and the establishment of the rules for functions, organization and mode of operation of the Project Preparation and Development Unit(PPDU).
The establishment of the PPDU stems from the desire of African States to implement regional integration policies to guarantee their development in connection with NEPAD infrastructure project Short Term Action Plan (STAP) and the Programme for Infrastructure Development in Africa(PIDA). As a Regional Economic Community, the ECOWAS Commission was mandated by the African Union to implement the STAP and the PIDA in its region. There is a lack of investment in infrastructure in the region.
In this regard, the Project Preparation and Development Unit seeks to recruit qualified, capable and result oriented individuals into this position.
Duties and Responsibilities
Reporting to the PPDU Director, the Economic/Financial Specialist will carry out activities related to infrastructure projects financial/economic analysis and more specifically:
Work as Principal Adviser on project economic and financial issues ;
Carry out main project economic and financial analyses ;
Formulate and present business arguments justifying project development and fund mobilization ;
Monitor studies relating to project financial arrangements ;
Undertake any other official mission assigned to him by his superiors.
Qualifications/Experience/Skills
A Bachelor’s Degree in Economics, Finance or Business Administration or equivalent;
At least 10 years professional experience as economist or financial analyst in the public or private sector or in a project execution agency ( with at least 5 years in core financial/economic analysis practice and 5 years as team leader or manager). An international experience would be an advantage;
Have extensive experience in making comprehensive economic and/or financial analyses, including making high-yielding analyses for different infrastructure sectors ;
Experience in the preparation of “bankable” documents in order to secure funding for projects from International Funding Institutions and in accordance with international standards would be an asset :
Proven experience in important project management and leadership ;
Be able to explain to the larger public the possible implications of various key project indicators such as poverty reduction, job creation, economic sustainability, etc… ;
Sound, innovative and effective project planning, coordination, management and leadership skills to ensure timely and cost-effective implementation of programmes ;
Self confidence ; ability to work as a team ; good analytical skills ; excellent communication skills and information management ;
Excellent command of Microsoft Office tools such as Word, Excel, Access, Outlook, PowerPoint, Ms Projects, Internet
Age
Candidate should not be 50 years old or over at the point of recruitment and must be a citizen of one of the ECOWAS member states.
Language
Must be fluent in one of the official languages of the Commission; English, French and Portuguese. A working knowledge of another would be an advantage.
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