Key Responsibilities
To improve Asset Recovery
- Develops and reviews policies, procedures and systems to meet the FID’s goals, objectives and targets;
- Effectively communicates the organization’s strategy and changes in strategy to staff, partners and external stakeholders;
- Ensures that there is alignment between the activities of staff in the Asset Recovery Branch and achievement of the FID’s Strategic Goals, by cascading the FID’s Performance Commitments down through the Asset Recovery Branch in the form of Tasks and Targets that are set annually for all staff;
- Ensures that FID’s performance management system is adopted and used as a means of performance measurement;
- Identifies competency and skills gaps within the Branch and works with the Senior Director, Corporate Services to fill those gaps;
- Monitors the achievement of development objectives for staff within the Branch;
- Advises Director ARB on current cases with significant potential for asset recovery during the weekly Forfeiture and Recovery meetings, or based on the immediacy of the court matter,;
- Provides evidentiary support and research functions for applications to the courts for restraint orders, post-conviction forfeitures, asset recoveries or pecuniary penalty orders (PPOs);
- Provides technical and administrative support to the enforcement activities of the Asset Recovery Branch, where there is non-compliance with the terms of Restraint Orders, and PPOs;
- Supports the “dunning” process by facilitating the advising of non-compliant individuals of impending legal action by the Branch, and brings the full force of the law to bear where there is disregard for warnings that have been issued;
- Provides technical and administrative support for the sale of forfeited or recovered assets held by the Asset Recovery Branch;
- Implements and manages agreed standard operating procedures;
- Oversees the research, establishment and review of external contracts, agreements, Memoranda of Understanding and internal Service Level Agreements, touching and concerning proper asset recovery, management and disposal;
- Contributes to the Development of the FID’s strategies and plans by contributing to the PESTEL component of the planning process and in the development of the FID’s Strategic and Operational Plans;
- Provides policy related advice to the Director General and directors of FID in general and ARB and Legal Services in particular;
- Supports policy development and champions national Criminal Justice reform/development/innovation/improvement/enhancement;
- Participates in the preparation for drafting of Cabinet Submissions for amendments to relevant legislations;
- Assists in the preparation of regulations governing asset management and recovery, financial services and crimes of a financial nature, and in identifying legal and policy challenges and provides advice on needed law reform activities to improve asset recovery;
- Agrees annually on Tasks and Targets with the Senior Director, ARB;
- Liaises with Investigative Branch and Legal Services Branch to monitor on-going matters with a view to enforcement;
- Collaborates with the Methods and Procedures Analyst to develop, implement and improve standard operating procedures for the Branch;
To maintain adequate levels of Human Capital with the appropriate levels of capacity
- Ensures acceptable staffing as per establishment;
- Conducts own performance self-assessment and signs off the review by Director;
- Completes personal development plan;
- Conducts seminars and training programmes to inform ARB staff of best practices approaches to asset recovery/management and for gathering evidence for Restraint cases to be adjudicated;
- Provides technical and administrative support for in-sourcing the receivership function of the Asset Recovery Branch, where there is a need to prevent income from commercial or residential rental properties, deemed to be acquired by the proceeds of crime, from flowing outside the control of the Agency;
- Manages issues of staff performance, discipline and conduct as required;
- Ensures that there is hiring for “fit” in the Operations Directorate and promotes a culture of high performance and adherence to FID values;
- Develops and manages the performance of the Asset Recovery Branch’s (ARB) Compliance staff, including transferring skills, motivating staff, setting performance targets, monitoring performance, providing feedback to staff, and arranging for training;
To effect timely and accurate management of compliance activities such as visits, inspections and monitoring of real properties, motor vehicles, bank accounts and other assets stipulated in court orders.
- Provides advisory services to the Senior Director, Asset Recovery, so as to ensure that the organization’s Business-As-Usual (BAU) activities, particularly regarding the management and Security of the Assets are adequately funded;
- Works with the Compliance team to develop an Annual Preventative Maintenance Plan and establishment of an Emergency Fund to be included into the branch’s BAU budget in-order to effectively manage the properties under the FID’s purview;
- Ensures that budgets for Business as Usual and Strategic Initiatives represent funding of the Operating Plan for the coming financial year;
- Ensures that the standard costs of services provided by Asset Recovery Branch are available so that valid estimates of cost recovery (e.g. vetting fees) can be included in the budget submissions;
- Facilitates the calculation of annual estimates of Appropriations-in-Aid for inclusion in the FID budgets, in the format stipulated by the Financial Secretary;
- Ensure effective evidence-based management of Branch performance.
Improve the management of employee performance in the Department
- Supports the development of a strong and capable organisation;
- Participates in the development of the Branch’s budget, corporate and operational plans and monitors the achievement of the Branch;
- Establishes performance and development goals for the Branch, and manages the performance of the Branch and staff including transferring skills, motivating staff, setting performance targets, monitoring performance and providing feedback;
- Ensures that recommended remedial action is taken for all business controls risks identified and agreed to in General Controls Review reports.
Required Knowledge, Skills and Competencies
Core
- Flexibility & Adaptability
- Problem Solving & Critical Thinking
- Stewardship Responsibility & Accountability
- Communication
- Team Work
- Emotional Intelligence
- Relationship Building & Networking
- Innovative Thinking
- Results-Oriented
- Change Leadership
- Strategic Thinking
- Team Leadership
Knowledge
- Skill in the use of accounting packages (ACCPAC, FINMAN, Dynamics, or similar Enterprise multi-user application) where business users in discharging their accountabilities are effecting accounting transactions.
- Expertise in the manipulation and use of data for provide information and business insights to information consumers outside of the Finance Function.
- Sound knowledge of accounting theory and the application of relevant International Public Sector Accounting Standards (IPAS) and the International Accounting Standards (IAS) from which they are drawn.
- Knowledge of Business Process Improvement methodologies.
Minimum Required Qualification and Experience
- Undergraduate degree in the Business Administration, Finance, Accounting, related field or equivalent qualification.
- Pursuing an internationally recognized accounting designation (CA, CPA, CMA. ACMA, ACCA, CGA).
- Minimum of six (6) years’ experience in the accounting field with at least three (3) years’ experience in a supervisory role.
- Sound experience in contract administration and managing capital projects.
- Hands on experience in the use of IT-based integrated Accounting and reporting application and payroll processing and reporting systems.
Special Conditions Associated with the Job
- Subject to Polygraph tests and Vetting (inc. background checks)
- Must possess and maintain good physical abilities to perform in functional areas.
- Adhere/Maintain Critical deadlines for completion of projects.
- May be required to work extended working hours, on weekends and public holidays
- Ability to cope under pressured working conditions
- May come in direct contact with defendants and owners/occupants of forfeited/restrained property. (Medium to high risk exposure)
Please note that only shortlisted applicants will be contacted.
