Associate Financial Control Officer at Asian Development Bank

Bangkok, , Thailand -

Full Time

Start Date

Immediate

Expiry Date

11 Jun, 26

Salary

0.0

Posted On

13 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Control, Accounting Support, Internal Controls, Financial Statements Preparation, US GAAP, Financial Analysis, Nonsovereign Products Accounting, IT Requirements Analysis, Account Reconciliation, Policy Development, Organizational Resilience Planning, Technical Guidelines Provision, Cross-cultural Collaboration, CPA Certification

Industry

International Trade and Development

Description

Join Our Mission to Foster Prosperity in Asia Are you ready to make a difference in the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region. Organizational Setting and Reporting Relationship The position of Associate Financial Control Officer resides with the Loan and Treasury Accounting Section (CTAC-LTA) of the Accounting Division (CTAC) within the Controller's Department (CTL). You will be outposted to our Resident Mission in Bangkok, Thailand. You will report to the designated International Staff and Officer. Your Role As an Associate Financial Control Officer, you will provide analytical accounting support for nonsovereign products, maintain internal controls, prepare financial statements and reports, and develop accounting policies. You will: Review financial data for accuracy and compliance, prepare financial statements under US Generally Accepted Accounting Principles, support financial analyses, and maintain books for nonsovereign products following accounting standards. Analyze information technology requirements to support efficient operations; ensure systems are accurate and reliable; recommend updates to existing systems and coordinate departmental needs with the Information Technology Department through the designated specialist. Maintain internal controls for financial reporting, recommend improvements for accuracy and compliance, monitor account balances, reconcile accounts, investigate discrepancies, and ensure all transaction documentation meets established standards. Help review and develop accounting policies and positions in response to new developments at ADB and changes in accounting standards related to nonsovereign products. Participate in procedural and organizational review; help develop the Section's goals and the related plans and programs. Provide technical and procedural guidelines to other subordinate administrative staff. Provide required information to clients following established procedures. Contribute to projects that improve CTL's organizational resilience (OR) readiness by helping prepare and update the OR plan for disruptions and participate in quarterly testing and implementation of the OR plan for selected business operations. You will need: Bachelor's degree in business administration, major in Accounting; a Certified Public Accountant (CPA). At least 5 years of accounting experience in large financial institutions or global financial organizations is preferred Demonstrated expertise in nonsovereign loans, equity investments, and guarantees. Knowledge of accounting policies, procedures, guidelines, and reporting requirements commonly used in multinational organizations and multilateral institutions. Proficiency in ADB standard and similar software programs used by multilateral development banks. Written and verbal proficiency in English. Demonstrated experience collaborating in cross-cultural and diverse teams and ability to collaborate constructively as an active team participant. Please refer to the link for ADB Competency Framework for TL4. Benefits ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience. Retirement plan Medical and health benefits Paid leave (including parental) Life and other insurance plans Staff development Additional Information This appointment is open to internal and external applicants. This opening is a local staff position. It is open only to nationals and permanent residents of Thailand. This is a fixed term appointment with option to renew, initially for a period of up to 3 years, or up to the Normal Retirement Date (NRD), whichever comes earlier, for the purpose(s) and conditions determined by ADB, in accordance with Administrative Order No. 2.01 (Recruitment and Appointment). After the initial fixed-term period, ADB may choose to renew the appointment for up to an additional 3 years or not renewed. This decision will be made in the overall interest of ADB, based on factors including but not limited to the requirement of Staff’s particular blend of skills and experience for the medium-term work program of the organizational unit, sufficient funding to cover the renewed period, and Staff’s performance and suitability for employment. There is no limit to the number of renewals up to NRD. However, this appointment is not convertible to a regular appointment. About Us ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is headquartered in Manila and owned by 69 members—50 from the region. ADB only hires nationals of its 69 members. To view ADB Organizational Chart, please click here. ADB wants to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply. Visit ADB Careers FAQ for more information. #LI-Onsite

Responsibilities

The Associate Financial Control Officer will provide analytical accounting support for nonsovereign products, maintain internal controls, prepare financial statements under US GAAP, and develop relevant accounting policies. Responsibilities also include monitoring accounts, reconciling discrepancies, and contributing to organizational resilience planning.