Deadline: June 12, 2023
Job Vacancy Announcement
The National Road Fund of Liberia is seeking a highly qualified and
experienced professional to fill the position of National Road Fund Manager.
The National Road Fund (NRF) of Liberia is a dedicated government
institution enacted by the National Legislature on December 12, 2016,which
came into force on January 26 2017. It seeks to finance roads; bridges and
their routine maintenance works through planning and programming. The
NRF is governed by an Inter-Ministerial Steering Committee (IMSC), which
is responsible to:
(a) Facilitate, support and provide cooperation from all sectors with
responsibility for road maintenance,
(b) Ensure coordination and guidance to the Office of the Road Fund,
(c) Facilitate the establishment of all provisions of the Road Fund Act,
(d) Facilitate the establishment of all Provisions of the Act
(e) Ensure all policies, procedures, are provided for to allow the
provisions of this Act to be achieved fully, and;
(f) Approve the Annual Roads Maintenance Program.
The IMSC is comprised of five (5) members, Minister of Public Works,
Minister of Finance and Development Planning, Minister of Transport,
Minister of Commerce and Minister of Internal Affairs. It is chaired by the
Minister of Public Works .
Purpose:
The purpose of hiring a manager for the NRF is to oversee the day-to-day
administration operations of the NRF and ensure that its objectives are
achieved.
Functions of the National Road Fund Manager:
The National Road Fund Manager shall exercise powers delegated by the
Minister of Finance and Development Planning, and approved by the InterMinisterial Steering Committee (IMSC), which shall be set out in a
performance agreement to:
(a) Prepare short (1 year), medium (2-5 years) – term plans and programs
that advise the IMSC on:
a. Levels of funding required for effective road and bridge maintenance in
Liberia
ii. Potential sources and levels of charge to be applied suitable for the
Liberian environment
iii. Potential sources of alternative funding suitable for road and bridge
maintenance works, including grants and loans from development partners
and the private sector
iv. The amount of funding to be applied and the manner, in which the
funding shall be allocated on a year-by-year basis
v. Areas for improving operating procedures associated with planning,
programming and delivering road and bridge maintenance works.
(b) Administer under clearly expressed conditions, monies and resources
allocated, granted, donated, or appropriated for the Fund.
c. Establish savings and checking accounts with banking institutions for the
management of the Fund.
d. Establish and apply procedures for the approval of road maintenance
programs submitted by responsible agencies for the purpose of carrying out
road and bridge maintenance works
e. Establish and apply procedures for the disbursement of funds as approved
by the IMSC in compliance with the Public Finance Management Act of 2009
and obligations of the PFMU as approved by the Minister of Finance and
Development Planning
f. Establish and apply appropriate measures for effective performance
monitoring and compliance of this act.
Acquire and develop properties deemed necessary for the performance of the
functions of the Office of the Road Fund; disposing said properties as the
administration may deem necessary, provided however, that the decision for
the disposal of properties meets the approval of the Minister of Finance and
Development Planning.
h. Prepare an annual report on the Fund expenditure, consistent with agreed
annual performance targets and present to the Inter-Ministerial Steering
Committee within 2 months of the end of each fiscal year. The report shall
include and incorporate the audited accounts of the Fund and
recommendations emanating therefrom.
i. Advise the Inter-Ministerial Steering Committee on measures that can be
taken to improve the effectiveness and efficiency of road sector investments
including, but not limited to: changes to policy, laws and regulations; levels
and sources of road user charges; institutional arrangements; and operating
procedures affecting road sector planning, programming, financing and
management.
j. Conclude agreements and contractual relations with real and corporate
persons, bodies, or authorities, for the performance of services on behalf or
in favor of the Fund.
k. The Road Fund Manager reports to and is supervised by the Minister of
Finance
Responsibilities:
The National Road Fund Manager shall undertake the role of Secretary to
the Inter-Ministerial Steering Committee. The functions and duties of the
Manager are to:
(a) Supervise the financial operations of the Fund by:
(i) Keeping accounting records to represent the state of affairs in respect of
each account held for the Fund.
ii. Monitoring the flow of funds to and from the Fund to ensure adequate
liquidity to support road operations; and
iii. Preparing the annual financial statements of the Fund for approval of the
Minister and submission to the IMSC.
b. Disburse funds to entities as mandated by the IMSC.
c. Review, at such intervals as the manager deems necessary, the utilization
of funds by any roads authority to verify that funds have been utilized for
their stated purpose.
d. Advise the IMSC on the introduction of user charges, recommend an
equitable and transparent charging methodology and propose a formula for
the adjustment of charges.
e. Advise the IMSC on the need for new charging instruments and the
optimal level of fuel levies.
f. Manage the staff of the Office.
g. Acquire and develop properties deemed necessary for the performance of
the functions of the Office; disposing of said properties as the administration
may deem necessary, provided however, that the decision for the disposal of
properties meets the approval of the Minister of Finance and Development
Planning.
h. Prepare the financial plan and updates thereof as will be set out in the
performance agreement.
i. Liaise with the executing entities carrying out works proposed for, or
included in, the Annual Road Maintenance Expenditure Program. regarding
any matter affecting the entities; and
j. Report regularly to the of Finance and Development Planning on the
management of funds in compliance with the Public Finance Act 2009 and
advise the IMSC, upon request, regarding any matter related to the
management and administration of the Fund.
The National Road Fund Manager has the power to:
(a) Open a bank account with a registered financial institution in the
name of the Fund and deposit or withdraw monies from such account
subject to regulations approved by the Minister of Finance and
Development Planning.
(b) Invest money not immediately required for the purpose of the Fund
as directed by the Minister of Finance and Development Planning;
(c) Appoint staff to the Office of the Road Fund.
(d) Enter contracts on behalf of the Office of the Road Fund.
(e) Engage consultants and auditors.
(f) Appoint agents and attorneys; and
(g) Perform any act incidental to the effective performance of his or her
functions and duties.
QUALIFICATIONS
(a)Degree in Finance, Economics, Accounting, Business & Commerce or
a Highly Professional Degree in the relevant area with at least five (5)
years of experience.
(b)Be registered as a member of a professional body which requires its
members to be qualified in skills competencies appropriate to the
management of a public institution involved in Planning, financing.
(c) Has no criminal conviction record, within the Republic or foreign
jurisdictions, for theft, fraud, forgery, or the commission of a capital
offense.
OTHER REQUIREMENTS
(a) a strong drive for results and success and a willingness to see tough
tasks through to successful completion, especially under the pressure
of tight deadlines.
(b)Excellent organizational and multitasking abilities
(c) Good report writing skills
(d)Able to work independently.
(e)Good communication and interpersonal skills
(f) Team player with leadership skills
(g)Holds self and others accountable.
(h)Works well under pressure
(i) Fluency in English Languange
Employmnet Duration:
Five (5)
Application Procedure:
Interested candidates should submit their applications, including a cover
letter, curriculum vitae and contact information from three professional
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references no later than Saturday June 10, 2023 at the Human Resource
Department of the Ministry of Finance and Development Planning (MFDP)
or electronically via the email address: mkoikoi@mfdp.gov.lr.
