Budget and Management Services Specialist at Asian Development Bank

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Full Time

Start Date

Immediate

Expiry Date

12 Apr, 26

Salary

0.0

Posted On

12 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Budget Management, Financial Management, Accounting, Analytical Skills, Communication Skills, Team Leadership, Coaching, Resource Allocation, IT Capital Expenditure, Policy Review, Process Improvement, Report Preparation, Multilateral Development Experience, International Experience, Management Services, Supervision

Industry

International Trade and Development

Description

Join Our Mission to Foster Prosperity in Asia Are you looking to make a lasting impact on 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 Budget and Management Services Specialist is assigned in the Budget and Management Services Division (BPBM) within the Budget, People, and Management Services Department (BPMSD). You will be based at our Headquarters in Manila, Philippines and relocation is required. All reasonable relocation expenses will be covered. You will report to Director, BPBM and will oversee junior team members. Your Role As Budget and Management Services Specialist, you will undertake activities to assist the annual budget formulation and the utilization review process. You will provide reports and analyses on key costs for effective monitoring, and comparison of budget utilization. You will provide management services and support capital expenditure management, with a focus on IT. You will extend analytical support and provide advice on resource implications of initiatives, as assigned. You will work with broad policies and objectives, working directly with clients, with supervision for critical tasks. You will: Help management of IT capital expenditure budgets and governance mechanisms, including participation in related working groups. Contribute to the implementation of reform measures and the monitoring of associated administrative expenses. Under a matrix assignment, provide full range of budget management support to selected departments and offices, review and recommend budgetary allocations, and support the preparation of the annual IAE and capital expenditure budgets. Review and coordinate with departments, as assigned, on their annual budget submissions, and prepare analytical reports on certain expense line items, as assigned. Monitor budget utilization and recommend corrective action, if necessary. Support various background papers required for departmental initiatives that contribute to the efficient allocation of resources. Review and recommend accordingly any changes to budget management systems, policies and procedures to promote timeliness, accuracy and efficiency in generating budget related data. Undertake or contribute to the implementation of special projects for process and systems improvements. Represent BPBM on bank wide activities, working groups and committees as assigned. Provide leadership and support to reporting staff. Supervise the performance of reporting staff, providing clear direction and regular monitoring and feedback on performance. Ensure the ongoing learning and development of reporting staff. You will need: University degree in Business Administration, Accounting, Finance, Economics, Management, or relevant fields; preferably at post-graduate level or its equivalent. Possession of an internationally recognized professional qualification such as Chartered Financial Analysis or Accountancy (CFA/CPA) or its equivalent is an advantage. At least 6 years of broad-based experience in accounting, financial management and administration. Proven application of expertise within a specific area, or scope across multiple areas with in-depth knowledge within one area. Ability to utilize and share relevant knowledge to benefit the broader ADB community. Act as a coach to develop capabilities/potential of more junior colleagues. Ability to act as a team leader when required with supervision from the Director or a more senior team leader. Excellent oral and written communication skills in English. Experience in multilateral development organizations. International experience working in several countries. Please refer to the link for ADB Competency Framework for Technical International Staff grade 1. Benefits ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience. Housing and education allowance (if applicable) Expatriate benefits (if applicable) Relocation (if applicable) 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 is a fixed-term appointment for an initial fixed period of 3 years. At the end of the initial period, this appointment may, at the option of ADB, be extended once for up to 2 years, converted to a regular appointment, or ended on its expiration date. This decision will be made in the overall interest of ADB that: (a) it will require Staff’s particular blend of skills and experience in the foreseeable future; and (b) Staff’s performance is satisfactory and they are suitable for further employment. About Us Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030. ADB only hires nationals of its 68 members. To view ADB Organizational Chart, please click here. ADB seeks 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.

Responsibilities

The Budget and Management Services Specialist will assist in annual budget formulation and utilization review processes, providing reports and analyses on key costs. They will also support capital expenditure management, particularly in IT, and provide analytical support for resource implications of initiatives.