African Union is hiring for an Individual Consultant as Financial Management Specialist for ATTP project: Apply Now
Closing Date: 22 December 2025
African Union is hiring for an Individual Consultant as Financial Management Specialist for ATTP project: Apply Now
Individual Consultant as Financial Management Specialist for ATTP project
The African Union Commission has received financing from the World Bank toward the cost of Africa Think Tank platform Project and intends to apply part of the proceeds for consulting services. The consulting services (“the Services”) include Consulting Services for the hiring of Financial Management Specialist.
The Financial Management Specialist will provide technical financial management services to the ATTP PIU, ensuring that all project funds are properly managed, accounted for, and reported on, in accordance with the Financing Agreement, AU rules, and World Bank guidelines
Scope of Work
The scope of work and responsibilities are as follows
- Financial Management & Controls
- Manage daily financial activities including monitoring budgets, expenditures, and cash flows.
- Maintain effective internal controls and ensure compliance with AU and World Bank financial policies.
- Track accounts payable, receivable, and commitments.
- Planning & Budgeting
- Prepare annual budgets and revisions in coordination with the PIU, and ensure its alignment with the project’s objectives and timelines.
- Monitor budget to ensure that the expenditure is in line with the approved budget and the financial plans.
- Monitor budget performance, conduct variance analysis and provide recommendations to PIU management.
- Producing monthly budget utilization report.
- Financial Reporting
- Maintain an up-to-date and reliable financial management system and verify the accuracy of data posted in the system frequently.
- Prepare timely and accurate monthly, quarterly, semi-annual, and annual financial reports, including Interim Financial Reports (IFRs), for AUC management and the World Bank as indicated in the Financing Agreement
- Collect and consolidate the IFRs of the Think Tanks and other AUC entities that receive funds.
- Prepare the project’s financial statements and supporting schedules, and make available documents and financial information to internal and external auditors.
- Properly file all financial documents and records for easy access.
- Making sure that all fixed assets acquired by the project funds are recorded (maintain assets register), kept safe, and are provided with an identification number.
- Disbursement & Fund Flow Management
- Understand and implement the World Bank disbursement procedures and guidelines for the Project.
- Prepare and submit Withdrawal Applications to the World Bank through the World Bank Client Connection Platform.
- Monitor fund flows and ensure timely replenishments and transfers to the designated accounts.
- Manage the project’s cash flow to ensure that sufficient funds are available to meet project needs and obligations, including project beneficiaries such as Think Tanks, AUC, AUDA-NEPAD, and ACBF.
- Review designated accounts and ensure reconciliations (bank and fund) are prepared monthly and properly documented.
- Oversee disbursements to ensure compliance with budget allocations.
- Audit and Compliance
- Ensure compliance with AU Financial Rules and Regulations, as well as World Bank fiduciary requirements and the Project Implementation Manual
- Identify and assess financial risks associated with the project and develop strategies to mitigate these risks.
- Facilitate annual project audits (internal and external audit), prepare responses to audit queries, and support the implementation of audit recommendations.
- Capacity Building & Support
- Provide training and guidance to PIU staff on financial procedures, requirements and donor compliance.
- Provide technical assistance and guidance on financial management issues to Think Tanks to ensure effective implementation of the project’s financial management arrangements.
- Support resource mobilization and proposal development with financial inputs.
- Undertake any other financial management duties as may be assigned.
Qualifications and Experience
- Education
- Master’s degree in finance, Accounting, Business Administration, or related discipline with at least 5 years’ relevant experience; OR
- Bachelor’s Degree in the same fields with at least 7 years’ relevant experience.
- Professional qualifications such as CPA, ACCA, CA, CIMA, or equivalent is mandatory.
- Experience
- Proven track record in managing donor-funded projects (experience with World Bank–financed projects is a strong advantage).
- Solid knowledge of AU Financial Rules and World Bank fiduciary procedures.
- Demonstrated experience in budgeting, financial reporting, reconciliations, and audits.
- Hands-on experience with ERP systems (preferably SAP) and strong MS Office skills.
Required Competencies
- Strong financial reporting and analytical skills.
- Excellent organizational and time-management abilities.
- High ethical standards, integrity, and impartiality.
- Strong interpersonal and cross-cultural communication skills.
- Ability to work under pressure and deliver within tight deadlines.
- Proficiency in one AU working language (English, French, Arabic, Kiswahili, Portuguese, or Spanish) is required. Fluency in English is mandatory; knowledge of another AU language is an advantage.
Duration of the Assignment
The consultancy will be for 12 months, renewable subject to satisfactory performance and availability of funds. The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” July 2016, revised November 2020 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.
A Consultant will be selected in accordance with the Individual Consultant selection method set out in the Procurement Regulations.
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