Financial Control Specialist at Asian Development Bank

Bangkok, , Thailand -

Full Time

Start Date

Immediate

Expiry Date

04 Jun, 26

Salary

0.0

Posted On

06 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Oversight, Reporting, Policy Implementation, Management Information, Financial Procedures, Disbursement Operations, Internal Controls, Business Process Concepts, Analytical Skills, Team Leadership, Auditing, Accounting, Finance, CPA, CA, English Proficiency

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 Specialist 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 for an initial assignment of three years. After this period, subject to business needs, the role may be assigned at our Headquarters in Manila, Philippines or at another resident mission office. Relocation is required. All reasonable relocation expenses will be covered. You will report to Assistant Controller, CTLA and will oversee junior team members. Your Role As a Financial Control Specialist, you will provide oversight and reporting responsibilities in the implementation of the Revised Policy on Technical Assistance (TA) by ensuring financial oversight and management. Responsibilities include providing management information for TA activities, updating financial procedures to reflect TA policies, and enhancing ADB's resilience. You will: Ensure that financial oversight and management of TA activities follow the revised TA Policy and updated procedures. Provide comprehensive management information and critical reporting, including portfolio information by fund sources, to support country monitoring of TA projects. Help revise financial procedures and the TA Disbursement Handbook to ensure consistency with the new TA Policy and promote efficiency and accuracy in disbursement operations. Represent CTL on ADB-wide activities, projects, working groups and committees as assigned. Lead TA disbursement during resilience situations, providing guidance and expertise as required, and provide additional support to CTL's overall resilience initiatives when needed. Provide leadership to reporting staff by overseeing performance providing constructive feedback and encouraging professional development. You will need: A University degree in in Accounting, Finance, Business Administration, or related fields, and with internationally recognized professional qualifications such as Certified Public Accountant (CPA)/Chartered Accountant (CA) or its equivalent. At least 6 years relevant professional experience in accounting, auditing or finance, including international experience working in several countries. Good business knowledge and working experience in accounting and financial reporting in Multilateral Development Banks (MDBs) or large financial institutions and associated Information Technology systems. Experience with internal controls and business process concepts, and standard policies, procedures, guidelines, and reporting requirements in multilateral institutions. Analytical and numerical skills, and organizational abilities in banking, financial institutions, or international and multilateral organizations. Demonstrated team leadership in providing guidance on the delivery of outputs. Written and verbal proficiency in English. Please refer to the link for ADB Competency Framework for TI1. 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. Housing and education allowance (if applicable) Expatriate benefits (if applicable) Retirement plan (if applicable) 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 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 specialist will provide oversight and reporting for the implementation of the Revised Policy on Technical Assistance (TA), ensuring financial management and providing critical management information for TA activities. Key duties include updating financial procedures, representing the department on ADB-wide activities, and leading TA disbursement during resilience situations.