Financial Control Officer at Asian Development Bank

Bangkok, , Thailand -

Full Time

Start Date

Immediate

Expiry Date

06 Aug, 26

Salary

0.0

Posted On

08 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Control, Accounting, Financial Administration, Disbursement Operations, Fiduciary Compliance, Internal Financial Control, ERP Systems, Client Service, Project Monitoring, Reporting, Cross-cultural Collaboration, Budgeting

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 Financial Control Officer is assigned to the Technical Assistance Section (CTLA-TA) of the Loan Administration Division (CTLA) within the Controller's Department (CTL). You will be outposted to our Resident Mission Office in Bangkok, Thailand. You will report to Assistant Controller, CTLA and designated international staff of CTLA. Your Role As a Financial Control Officer, you will undertake a variety of accounting and financial administration function related to disbursements for ADB's Technical Assistance (TA) projects and coordinate the assigned activities related to fiduciary and internal financial control compliance. You will also perform activities to support ADB's Organizational Resilience (OR). You will: Help prepare management information and reporting to aid corporate and country-level monitoring of TA projects required under the revised TA Policy. Support the revision of financial procedures and the TA Disbursement Handbook to ensure consistency with the new TA Policy and promote efficiency and accuracy in disbursement operations. Ensure that disbursement operations of TA grants follow ADB's policies and guidelines, including TA Disbursement Handbook. Monitor transaction volume and time to ensure disbursement processing within service level standards. Monitor outstanding advances, reconciliation of suspense accounts, and facilitate liquidation and accounting entries. Provide quality client service and advice to TA supervising units, consultants and other service providers in processing project documents and disbursements during project implementation, such as disbursement/fiduciary arrangements with development partners. Oversee functional user support in developing, testing and implementing information technology systems towards streamlining processes; provide suggestions to improve existing systems; coordinate system issues with ADB's Information Technology Department (ITD). Support CTL's OR and business continuity by performing accounting and financial administration for TA project disbursements (this may extend to other areas of CTL work, such as non-sovereign loans, and ADB administrative payments, including payroll, accounts payable, and business travel). You will need: A bachelor's degree in accounting, business administration, or finance; preferably with advanced training or an internationally recognized professional certification, such as Certified Public Accountant (CPA), CA, or its equivalent At least 8 years' relevant experience in related fields. Working knowledge of business technologies in a computerized work environment with large databases and accounting software; experience of enterprise resource planning (ERP) systems is desirable. Knowledge of multilateral development or international banking, accounting practices/systems, guidelines and reports. 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 TL5. 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. This is a re-advertisement. If you have previously applied, you do not need to resubmit an application. Applications received in response to previous posting will be considered together with applications received in response to this advertisement. 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. 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 officer will manage accounting and financial administration for Technical Assistance project disbursements and ensure fiduciary and internal financial control compliance. Additionally, the role involves preparing management reports and supporting the implementation of information technology systems to streamline processes.