Principal Economist (Fiscal and Monetary Affairs)

Applications are invited from suitably qualified citizens of East Africa for the following position tenable at the East African Community Secretariat:

PRINCIPAL ECONOMIST (FISCAL AND MONETARY AFFAIRS)
(REF: EAC/HR/2013/060)
GRADE: P3
ORGAN: EAC Secretariat
DIRECTORATE: Planning
DEPARTMENT: Fiscal and Monetary Affairs
REPORTS TO: Director, Planning

MAIN PURPOSE OF THE JOB:
To initiate, formulate and co-ordinate harmonization and integration of Fiscal, Monetary  and Financial Sector Policies and Strategies in the region.

\DUTIES AND RESPONSIBILITIES:
1. Coordinate and facilitate the formulation and harmonisation of regional Fiscal and Monetary policies;
2. Coordinate activities related to the implementation of the EAC Monetary Union;
3. Liaise with Ministries of Finance and Central banks for the establishment of a single market in financial sector;
4. Conduct research and prepare background papers relating to the above sectors;
5. Monitor the harmonisation of Fiscal and Monetary Policies by Partner States and their implementation.
6. Develop terms of reference on studies relating to the fiscal, monetary and financial sector and coordinate the studies;
7. Follow-up on implementation of decisions of the Council and prepare progress reports;
8. Coordinate the formulation and implementation of Fiscal, Monetary and
Exchange Rate Policies to ensure sound macro economic and financial stability among Partner States;
9. Facilitate the Sectoral Council on Finance and Economic Affairs and related  Committee Meetings ;
10 Prepare annual and progress reports .

QUALIFICATIONS AND EXPERIENCE:
A Master’s Degree in Economics, Economic Policy and Planning, , Economic policy and quantitative methods, Financial Economics, Economic Policy Management, Development Economics or an equivalent qualification from a recognised University.

10 years of experience with five (5) years at senior level in the field of macro-economic policy formulation and management. Knowledge and experience in regional economic integration is an added advantage.

SKILLS AND COMPETENCIES:
Analytical skills, presentation skills, research skills, international skills, computer skills, communication skills, monitoring and evaluation skills, project proposal writing skills, resource mobilisation, decision-making, problem-solving, innovativeness, negotiation and report writing skills.

TERMS AND CONDITIONS OF SERVICE:
All post is tenable on a five (5) year contract term renewable subject to satisfactory performance and mandatory retirement age of 60 years.
The above position is also subject to the application of the EAC Quota System.
In line with the provisions of the EAC Staff Rules and Regulations, Candidates whose age will be 55 years at the time of appointment will not be eligible.

FRINGE BENEFITS
All posts offer attractive fringe benefits including housing allowance, transport allowance, education allowance, a medical scheme, and insurance cover.
For more information, visit our website: www.eac.int.

HOW TO APPLY
Interested candidates should submit their applications by registered mail, courier service, e-mail or dispatch together with Curriculum Vitae, copies of both academic and professional certificates and testimonials, names and addresses of three referees, and day time telephone contact to:

The Secretary General
East African Community
P. O. Box 1096
Arusha - Tanzania.
Fax No: +255 27 2504255/ +255 27 2050281
E-mail: vacancies@eachq.org

To be received not later than Thursday 06th March 2014, 1700Hrs local time.
Female Candidates are particularly encouraged to apply.
The East African Community will only respond to those candidates who meet
its requirements.

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