Senior Loan Accounting Clerk (GS6)/ Loan Accounting Assistant (GS7) - African Development Bank

Position title: Senior Loan Accounting Clerk (GS6)/ Loan Accounting Assistant (GS7)
Grade: GS6; GS7
Position N°: several
Reference: ADB/15/016
Publication date: 17/02/2015
Closing date: 10/03/2015

Objectives

Duties and responsibilities

Under the general supervision of the Loan Accounting Officer of the Section the incumbent will:

Verify and validate the accuracy of loan conditions in SAP by analyzing the related loan agreement and ensure that bills are processed according to the correct due dates and loan terms.
Control the billing cycle to ensure completeness and timely processing of all loan bills.
Identify and register loan repayment ensuring correct application of funds.
Verify the bi-monthly arrears position of Borrowers, and monitor the swift system for prompt identification and processing of overdue loan repayments.
Prepare, on a regular basis, draft correspondence to Borrowers providing their arrears and sanctions position indicating their negative implication both on the Borrowers and the Bank.
Analyze Borrowers’ queries and prepare preliminary justification for appropriate response; prepare for transmission Borrowers audit confirmation of their loan/guarantee status, summary ledgers and other related information.
Maintain orderly physical loan files with copies of critical documents justifying the entries in the loan accounts as well as correspondence with the borrowers and other departments within the Bank.
Participate in loan reconciliation and project supervision missions in conjunction with the portfolio management division.
Carry out other duties as requested by the Division Manager and the supervising Loan Accounting officer.

*THESE POSITIONS DO NOT ATTRACT INTERNATIONAL TERMS AND CONDITIONS.

Selection Criteria

Including desirable skills, knowledge and experience

At least a Bachelor degree or equivalent in Finance, Business Administration, Accounting, Banking or related field.
Minimum of four (4) years for the GS6 and five (5) years for the GS7 of relevant professional experience.
Strong analytical skills and an eye for detail.
Thorough familiarity with the full range of the Bank’s financial products and procedures.
High level skills in communication and documentation;
Excellent written and verbal communication skills in English and/or French, with a working knowledge of the other language. Excellent customer service.
Competence in the use of Bank standard software (Word, Excel, Access and PowerPoint) and the ability to use SAP R/3 specifically in the areas of TR is required.

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To apply for this position, you need to be national of one of AfDB member countries.

Submitted by: Division Manager, CHRM.1
Approved by: Director, CHRM

Only applicants who fully meet the Bank's requirements and are being considered for interview will be contacted. Applicants will only be considered if they submit an online application, and attach a comprehensive Curriculum Vitae (CV). The AfDB President reserves the right to appoint a candidate at a lower level. The African Development Bank is an equal opportunities employer and female candidates are strongly encouraged to apply: www.afdb.org/jobs