Vacancy for Economist (Budget) at The Economic Community of West African States (ECOWAS)

Employment Nigeria 30-Aug-2017 ABUJA , Accounting

The Economic Community of West African States (ECOWAS) - one of the eight Regional Economic Communities supporting the African Union to coordinate the implementation of continental and regional integration and development programmes in the West African region.

POSITION : Economist (Budget)

DESCRIPTION

The Economist will be responsible for generating accurate, timely and complete Budget information reports each month/quarter as required by the Financial Regulations highlighting variances as well as providing explanations for these variances.Revenue and expenditure forecasting will be a core competence for this task.

In addition, the Economist would spend time supervising the work of his staff, including providing solutions to expenditure processing problems as they arise from time to time. Providing guidance, motivating and mentoring of staff would be important to the success of this position.

He/She will play an active role both in reserve mobilisation and utilisation.

Responsibilities

Prepares comparative analyses of operating programs by analysing costs in relation to services performed during previous fiscal years and submits recommendations for budget revisions.
Assist in the development and implementation of the strategy of the Finance Department.
Participate in meetings on behalf of the Finance Department to provide substantive expertise on budgetry issues.
Participate in resources mobilisation endeavour.
Assist in the formulation, preparation, coordination, execution and monitoring of the Budget.
Implement budgetary control procedures and ensure that expenditures approved for payment are properly committed in the Budget.
Ensure that all commitments are properly coded and reconciled with the Accounting codes to identify all outstanding commitments for subsequent monitoring and implementation.
Ensure that expenditures on any Budget Heads are checked and appropriate transfers are proposed within the limits allowed by the financial regulation as well as budget and expenditure reviews.
Prepare quarterly budgetary control reports including budget versus actual analysis.
Liaise with respective departments & directorates in providing information on the level of budget implementation.
Perform other related duties as required.

Qualifications

Excellent knowledge of financial accounting principles and concepts including the International Public Sector Accounting Standards (IPSAS).
Good knowledge of general aspects of financial management software and of at least one ERP software. Previous specific experience with SAP will be an asset.
Previous experience in Budget-related activities will be a distinctive added value.
Good inter-personal skills and team working ability necessary to enable effective interaction in performing key financial and managerial activities of other team members and supervise their works, including peers.
A Bachelor's degree in Economics/Public Finance (or equivalent academic qualification) with additional 5 years of relevant record of professional experience.
Experience in resource mobilisation especially Customs operations will be an added advantage.
A higher degree will reduce the number of years of experience to three (3);
Excellent verbal and written communication skills (fluent) in one of the official languages of the ECOWAS Community (English, French and Portuguese). Good working knowledge of a second Community language will be an added advantage.
Familiarity with forecasting techniques and tools.
Ability to make recommendations on key budgeting and managerial decisions.

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.

Annual Salary
USD 36,901 - USD 44,469.

How To Apply
Candidates should download the Application Form fill and submit along with their CV's to: ecorys@ecowas.int

Sorry the application deadline for this job has elapsed

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Vacancy for Economist (Budget) at The Economic Community of West African States (ECOWAS)

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