Financial Control Specialist at Asian Development Bank

Manila, Metro Manila, Philippines -

Full Time

Start Date

Immediate

Expiry Date

19 Jul, 26

Salary

0.0

Posted On

20 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial controllership, Process improvement, Standard operating practices, Internal controls, Process mapping, Financial reporting, Compliance, Audit, Governance frameworks, Accounting principles, Change management, Data analysis, Stakeholder management, Policy drafting, Process discovery

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 Office of the Controller (CTOC) within the Controllers Department (CTL). 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 the Controller and will oversee junior team members. Your Role As a Financial Control Specialist, you will lead non-digital finance transformation programs which will focus on the design, documentation, and standardization of business processes. Additionally, you will develop Standard Operating Practices (SOPs) to strengthen financial controllership across the organization and promote process consistency, compliance, and efficiency. You will: Conduct process discovery to develop concise process charters, capturing process definitions, main activities, inputs/outputs, stakeholders, and performance indicators to clarify documentation scope and target audience. Create process maps and documentation, illustrating end-to-end workflows, decisions, and connections between teams. Ensure all documentation is version-controlled and updated. Draft, standardize, and publish SOPs and operating practices, incorporating main controls, exceptions, handoff points, and audit/compliance notes to support financial oversight. Support the definition and implementation of governance frameworks (including control matrices, role definitions, and review triggers). Work with process owners to ensure policies and controls are documented, communicated, and observed. Collaborate with internal audit, procurement, IT, and business process owners to gather requirements, validate process designs, and secure approval for new or updated SOPs and processes. Prepare training materials, facilitate handover sessions, and maintain SOPs and process documentation in a centralized repository with clear ownership and review schedules. Define and report on process adherence, cycle time, error rates, and partner satisfaction. Present recommendations to the finance controllership and steering committees. Capture lessons learned, embed continuous improvement practices, and maintain a transformation fact base to inform prioritization and future process enhancement plans. You will need: A University degree in accounting, finance, business administration, or a related field; preferably at post graduate level or its equivalent. Professional certifications (e.g., CPA, ACCA, and Lean/Six Sigma) are an advantage. At least 6 years of relevant professional experience in finance process improvement, controllership, or accounting roles within the banking, financial services, or development banking, including international experience working in several countries. Hands-on experience with internal controls, policy drafting, control matrices, and compliance requirements relevant to finance and accounting. Proficiency in developing clear, user-friendly SOPs, process maps, charters, and control documentation for audits and training materials, and managing centralized documentation repositories. Written and verbal proficiency in English to engage diverse partners and improve adoption of new processes and SOPs. Experience defining and tracking Indicators, analyzing process performance data, and reporting applicable insights to leadership. Demonstrated experience with accounting principles and financial control practices to translate policies into practical process documentation. Experience collaborating with teams (e.g., internal audit, IT, procurement) on process design or right sourcing programs. 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 Expatriate benefits Retirement plan Medical and health benefits Paid leave (including parental) Life and other insurance plans Staff development Additional Information This appointment is opent 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 Financial Control Specialist will lead non-digital finance transformation programs by designing, documenting, and standardizing business processes and SOPs. They will also collaborate with internal stakeholders to ensure financial oversight, process consistency, and compliance across the organization.