The Economic Community of West African States (ECOWAS) is a regional grouping with 15 Member States in West Africa (three landlocked and one island) with a population of about 300 million with an annual economic growth rate of around 6%. The ECOWAS Commission is 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.
Job Title: Principal Controller
Course of Study: Accounting
Location: Abuja, Nigeria
Department: Office of the Financial Controller
Directorate: Office of the Financial Controller
Supervisor: Director Financial Control
Appointed as staff member of the Financial Controller’s Office, the
Principal Controller will discharge his/her functions under the
supervision of the Financial Controller.
He/she will constantly
ensure that financial and administrative operations with financial
implications for the institutions are performed in line with the
decisions, regulations and other texts governing the institution and
with due regard for efficiency and effectiveness.
The main role
of the Principal Controller shall be to provide assurance to the
Financial Controller that the financial resources of the institutions or
agencies are used for the purposes for which they have been allocated
and managed efficiently.
In the execution of his functions,
He/she shall be guided by the ECOWAS Financial Controller’s Manual.
He/she will discharge his/her duties independently and objectively.
Duties and Responsibilities
The responsibilities of the Principal Controller are as follows:
Compliance with decisions, regulations and other texts of the
Community: The Principal Controller ensures strict compliance with the
Financial Regulations, the Manual of Accounting and Financial
Procedures, the Staff Regulations and other ECOWAS texts.
also ensures proper application of the quarterly exchange rates
published by the ECOWAS Bank for Investment and Development (EBID).
He/she participates in the revision of the ECOWAS Financial Regulations
and Manual of Accounting Procedures, and the establishment of internal
management procedures within the Community Institutions, Specialized
Agencies and other offices of the Community.
The Principal Controller advises the Financial Controller on all major
aspects of budgetary and financial control of the institution or agency.
He/she makes proposals for the improvement of administrative, financial
and accounting procedures and systems, financial management and budget
processes of the Institutions/Agencies. Makes observations and
recommendations on any financial and budgetary transactions he/she deems
Reporting functions: Ensures the submission of each
Controller’s monthly reports on the budgetary and financial transactions
of the institution or agency to the Financial Controller in line with
the ECOWAS Financial Controller’s Manual. Reviews Controllers’ quarterly
reports on the execution of the budget indicating major findings and
Ensures effective supervision of Controllers reporting to him/her;
Assists the Financial controller in the preparation of Council and other reports.
Reviews and resolves complex financial, administrative and control issues brought to him/her.
Makes proposals for improving control issues in ECOWAS Institutions.
Vets all endorsements made by the various Controllers; and ensures that they are in line with the Financial Regulations;
Assists the Financial Controllers in the evaluation of the performance
of Controllers and advises on their postings to the various
Carries out any
assignment at the request of his/her immediate boss and any other
assignment as stipulated in the ECOWAS Financial Controller’s Manual.
Qualification and Experience:
Bachelor’s Degree in one of the following disciplines: Accounting,
Business Management, Auditing, Finance, Economics or a professional
qualification in Accounting;
A minimum of ten (10) years working
experience out of which two years must be in a supervisory position, in
Accounting or Auditing or Financial Management, preferably in both
public and private sectors and in a multicultural environment.
A higher qualification will reduce the required number of years working experience by two years (2).
Experience working with or within an international or multilateral institution will be an advantage.
Fluency, both oral and written, in any one of English, French or
Portuguese and a good knowledge of either one of the other languages.
Good knowledge and practical use of Microsoft Suite.
Good knowledge and practical use of Micro soft Suite
Must be strict, methodical and organized
Must have a critical mind and be diplomatic
Must be enterprising, discrete, objective and impartial
Must be able to convince people and create an atmosphere of trust
Must be able to make relevant observations and recommendations
Must be able to accept criticisms and different views by his colleagues
Must be able to deal with people in a manner that shows sensitivity, tact and professionalism
Must have excellent human relations skills and be a strong negotiator
Must be able to fit and integrate into a multicultural setting
Good presentation skills.
Candidates 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.
Must be fluent in one of the official languages of the Commission;
English, French and Portuguese. working knowledge of another would be an
USD 52,273 – USD 59,100
Deadline: 4th December, 2015