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Associate Vice-President, FOD, Chief Finance Officer and Controller -- IFAD, Italy

Level:                   Assistant Secretary-General (ASG)
Duty station:        Rome

Organizational Context 
The International Fund for Agricultural Development (IFAD) is an international financial institution and a specialized United Nations agency dedicated to eradicating rural poverty and hunger. It does so by investing in rural people. IFAD finances programmes and projects that increase agricultural productivity and raise rural incomes, and advocates at the local, national and international level for policies that contribute to rural transformation. IFAD's headquarters is in Rome, Italy, but has offices in 40 countries and finances programs and projects in more than 90 countries. 

The Post's organizational accountability
The Associate Vice-President, Financial Operations Department (AVP FOD) reports to the President or his designate, and is a member of the Executive Management Team with a corporate responsibility for the Fund. 

The AVP heads the Financial Operations Department and is IFAD's Chief Finance Officer and Chief Controller. In this capacity, s/he is the responsible for IFAD's financial integrity, assisting the President by providing strategic financial leadership. The AVP FOD works with the executive management team to establish financial goals and strategies and oversee their implementation to ensure IFAD's sustainability in delivering financial services in support of IFAD-funded programmes and projects to invest in rural people.  

The AVP FOD is the chief financial spokesperson for the Fund who is accountable for IFAD's sustainability in the delivery of services related to financial matters, risk management and internal control. S/he has management responsibility for the following two divisions:  
The Financial Services Division (CFS): ensures the reliability and integrity of the financial transactions, accounting systems, and financial statements and reports of the Fund; ensures fiduciary control over loans, grants and supplementary funds administration and reporting; the financial statements and related reports; ensures proper controls over all payments and receipts; and liaises with the external auditors, as required, and the Audit Committee. The Director of CFS reports to the AVP FOD. 
The Treasury Division (TRE): ensures that IFAD's financial assets are protected and managed in line with IFAD's investment, asset, liquidity and liability policies and regulations; manages financial risks prudently within acceptable risk tolerance limits; monitors investment performance effectively in light of changing market conditions; and ensures availability and utilization of financial resources to fund implementation of IFAD's operations efficiently and effectively. The Director of the Treasury Division reports to the AVP FOD. 

Key results expected / major functional activities
1.         The AVP FOD provides intellectual leadership to the professional staff of the Fund and overall control of the delivery of financial services.  S/he supports the mandate and work of the Fund by enhancing its capacity to finance its operations, administration and management of resources at the disposal of the Fund. 
2.         The AVP FOD leads the development of cost-effective policies, frameworks and services related to risk management and internal controls for the Fund; oversees treasury, investment, accounting and financial reporting activities; and manages relations with key stakeholders and communities of practice in financial, investment and risk management. 
Functional and Technical competencies
  • Champion of IFAD's values: results-orientation, professionalism, respect and integrity.
  • Inspirational leader who is able to lead and manage major change and transition programmes and foster cooperative teamwork and outstanding achievement.
  • Strategic and creative thinker who is able to recognise opportunities and propose solutions to problems.
  • Results oriented decision-making ability with the ability to translate business strategies and needs into practical and effective finance management solutions and services.
  • Effective in developing and successfully achieving the work programme.
  • Recognised management skills in a multicultural setting
  • Client orientation - able to balance responsiveness and pro-activity in meeting internal client needs, to encourage staff to understand internal client needs and concerns, and to ensure provision of value added services as appropriate
  • Able to coach and develop professional finance management staff.
  • High sense of integrity, trust and confidence. 
Minimum Recruitment Qualifications 
Education:
  • Advanced University degree or equivalent higher-level qualification in Finance, Accounting, Business Management, Economics or related discipline. 
Experience:
  • Substantive relevant experience exceeding 15 years at an international level in an institution, which could include international organizations, international financial institutions, UN agencies or other development finance-related organizations.
  • Progressively responsible management experience in senior positions is required.
  • Strong speech giving/writing and report-writing experience and capabilities. 
Communications
  • Excellent written and verbal communication skills in English, including the ability to set out a coherent analysis in presentations. Working knowledge of another official language of IFAD (Arabic, French, Spanish) would be an asset.
  • Strong diplomatic and communication skills, ability to develop a close and effective working relationship with the internal client at all levels. Able and competent presenter as well as a positive influencer of others. 
Other information
Applicants should note that IFAD staff members are international civil servants subject to the authority of the President of IFAD, and they may be assigned by him/her to any of the activities of IFAD, including field assignments and/or rotation within IFAD.

Interested candidates are requested to apply by completing IFAD's Personal History Form (PHF) in English. A separate CV may be attached if desired, only as a supplement and NOT a substitute to the PHF. The application should be made through the online system only. PLEASE READ CAREFULLY the instructions in 'How to Apply' before you start.
In the interest of making most cost effective use of funds and resources, we are only able to respond to applicants who are short-listed for interview. Candidates who do not receive any feedback within three months should consider their application unsuccessful.

Candidates may be required to take a written test and to deliver a presentation as well as participate in interviews.
IFAD is committed to achieving diversity and is seeking a balanced workforce from IFAD's Member States. Women, in particular, are encouraged to apply. 

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