African Guarantee Fund (AGF Group)
Position Title: Finance
and Administration Officer (DAF)
Reporting: Reporting
to the Managing Director, AGF West Africa, as line Manager with functional
relations with the Group Chief Financial Officer and Group Head of Human
Resources.
Position Location: Lomé,
Togo
African Guarantee Fund (AGF
Group): The African Guarantee Fund for Small
and Medium-sized Enterprises (AGF Group) is incorporated and licensed in
Mauritius as a limited liability company and has its office of operation in
Nairobi, Kenya. Its products and services provide financial institutions with
the means by which they can leverage in bringing their African SME financing
interventions to the required scale.
The AGF Group contributes to the
promotion of economic development, vital for prosperity, stability and poverty
reduction in Africa through two lines of activity:
a) Provision
of a mix of financial guarantees and other products which reduce the risks
supported by the financial sector when lending to Small and Medium Enterprises
(SMEs).
These guarantees contribute to reduce
the inability of SMEs to provide acceptable collateral to financial
institutions. AGF’s guarantee products are: Loan Guarantee based on a hybrid
approach, Bank’s Fund Raising Guarantee and Equity Guarantees.
b) Support
for capacity development of the partner financial institutions.
In 2015 AGF acquired 80.56% of GARI
Fund in Togo, now African Guarantee Fund West Africa, as part of its
development strategy to strengthen its presence in West Africa.
The AGF group operates according to
market principles and is a commercially viable venture with operations in 40
countries in Africa and is gradually expanding to other countries to cover the
whole
of Africa.
of Africa.
AGF’s founding shareholders are the
governments of Denmark (through DANIDA), Spain (through AECID), and the African
Development Bank (AfDB). Other shareholders include the French Development
Agency, Nordic Development Fund, Investment Fund for Developing Countries and
KfW Development Bank.
AGF is rated AA- with a stable
outlook by Fitch Rating International
Position Summary: Reporting
to the Managing Director, the Finance and Administration Officer will be in
charge of guaranteeing good administrative, accounting and financial management
while monitoring proper execution of the strategy and the defined procedures as
per the framework of the strict rules defined by the Group’s general
management.
(S)he will coordinate accounting and
financial activities to provide reliable support to ensure that company
accounts and the preparation of financial and accounting documents are in
accordance with the legislation.
Additionally, the incumbent will
support the human resources function and will be charged with providing both
operational and strategic support to the team.
Key Duties and Responsibilities
Accounting Financial & Budget
Management
· In accordance
with the Chart of Accounts (Group and Local), prepare budget documents and any
other supporting documents vital for the budget decision-making process &
monitoring;
· Prepare all
accounting documents;
· Supervise the
accountant
· Develop
documents (dashboards) and procedures for analytical accounting purposes;
· Responsible for
periodic closing of accounts (monthly, quarterly, annual);
· Draw up the
accounting and financial statements;
· Conduct summary
financial analyses of the Fund for internal use or for third parties
(Management Report….);
· Prepare tax and
social statements;
· Define the main
orientations of the control systems;
· Establish the
management procedures and indicators needed to monitor activities;
· Interface and
manage relations with external stakeholders (Statutory Auditors, Banks, Tax
Department, Tax Advisory Board and others.
· Carry out any
specific analysis at the request of the Managing Director (financing study,
sponsorship project, etc)
· Carry out
periodic inventories and asset monitoring activities
· Monitoring of
accounts and cash flow;
· Ensure efficient
Cash management in line with the needs of the organization;
· Develop an
information system and tools needed to guarantee the quality of the information
to the Chief Executive Officer and make appropriate recommendations;
· Work closely
with the Head of the Department of Internal Control;
· Ensure periodic
reporting (balance sheet, income statement, dashboard, summary, etc) to the
Group Finance Department (IFRS Standards) in a timely manner;
· Ensure
compliance with the reporting requirements vis-à-vis the Banking Commission of
the Central Bank of West African States (BCEAO)
Human Resources Management
· Management of
teams in charge of administrative and financial activities;
· Preparation of
the staff management records: contract, vacations, labour certificate, etc;
· Follow up on
payroll, leave monitoring and occupational health data;
· Assist senior
management in recruitment processes;
· Ensure the
regular updating of the establishment plan and the administrative follow-up of
the staff;
· Take care of the
administrative management of the staff in collaboration with the General
Management and the Group Human Resources Department;
· Evaluate
administration staff in accordance with performance evaluation guidelines;
General Administrative Management
· Develop and
optimize the tools and procedures related to the proper functioning of the
subsidiary (letters, internal notices, dashboards, action plans, grading,
archives, etc);
· Ensure the
monitoring of the office logistics and automation (supplies, offices, etc) and
equipment management;
· In charge of
relations with partners, Banks and others;
· Drafting and
application of various agreements and contracts;
· Management of
legal affairs and legal procedures and litigation management in collaboration
with the Group Legal Department;
· Ensure a legal
oversight of the various areas of its responsibility (labour rights, accounting
aspects, taxation, etc);
· Manage debt
collection;
· Coordinate all
company travel and logistics as per the travel procedures;
· Ensure that
internet connectivity and networking is upto standard and well maintained;
· Supervise
administration staff including the GARI ICT officer;
Reporting
· Oversee
regulatory reporting to the Banking Commission of the Central Bank of West
African States (BCEAO);
· Oversee the
monthly reporting including the financial statements and cash-flow projections
and make them available to the General Management of the Audit Committee and
the Board of Directors;
· Oversee the
preparation of activity reports and in particular, the organization’s Income
Statement, Financial Statements, reports to shareholders, Board of Directors,
etc
· The Finance and
Administration Officer may be assigned any other tasks accordingly
Desirable Qualifications, Knowledge,
Skills and Experiences
· Holds a
Master’s degree in Accounting/Finance (DCG, DSCG, MSTCF or equivalent);
· At least 7
years of experience in a similar position,
· Minimum of 5
years in an establishment Institution approved by the Banking Commission of the
Central Bank of West African States (BCEAO);
· Professional
certifications of the profession such as Expertise Accounting, CPA; ACCA….
· Good command of
accounting including OHADA law of banking accounting standards and
International Financial Reporting Standards (IFRS);
· Have experience
in an international environment;
· Perfect
knowledge of the banking and tax environments of Togo;
· High level of
command in office tools, including Excel, Powerpoint, Word;
· Ability to
foresee the economic and financial consequences of daily activities;
· Have excellent
written and oral skills;
· Team
management;
· Autonomous,
Organized, Methodical;
· Adaptability
and responsiveness, Available, Pragmatic & Open-minded;
· Bilingual
(French and English) a MUST.
Applications
Applicants should apply by email by
attaching a cover and a detailed Curriculum Vitae sent as one document to:
recruitment@africanguaranteefund.com.
“Application for Finance and Admin
Officer – AGF Group” should be clearly marked on the subject line of the email
message.
Applications will be considered until
31st August 2019 or until the position is filled.
Only short-listed applicants meeting
the above requirements will be contacted.
We invite you to learn more about us
at: www.africanguaranteefund.com
