| Title: |
Financial Management Specialist |
| Department/Division: |
East Asia Department (EARD) / Regional Cooperation, Governance, and Finance Division, EARD (EARG) |
1. IMMEDIATE REPORTING RELATIONSHIPS:
The position reports to: Director, Country Coordination, Regional Cooperation,
Governance, Finance and Trade Division (EARG)
The following staff positions report to the Financial Management Specialist:
Administrative Staff
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2. JOB PURPOSE:
Provide advice, expertise and technical guidance to the financial analysis
and financial management activities of EARD within the framework of
ADB’s policies and guidelines, and in close collaboration with
the Capacity Development and Governance Division, RSDD. Work with broad
policies and objectives, having freedom to work with clients, with supervision
for critical tasks.
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3. EXPECTED OUTCOMES:
- Policies, Strategies and Frameworks
- Participate in the Financial Management Community of Practice.
- Contribute to the review and update of ADB’s policies and
guidelines with respect to financial analysis and financial management.
- Operational Advice and Support
- Provide review and technical support to EARD sector divisions, including
review of papers, feasibility studies, Report and Recommendation of
the President (RRP) and other relevant documents to ensure consistency
and enhance the quality of EARD projects/programs from the perspective
of financial viability and sustainability.
- Provide advisory technical support to processing and administration
missions on financial analysis and financial management issues, including
participation in missions as required.
- Participate in country partnership strategy (CPS) preparation and
updates including assessing capacity development requirements for
financial management at the country level; and assisting in completing
country financing parameters, where necessary.
- Interact with EARD divisions/resident missions to improve the quality
of financial management systems and procedures of executing agencies
(EAs) in managing project funds, maintaining project accounts and
submitting timely and reliable financial reports.
- Assist in developing audit terms of reference for specific project
audits.
- Assist EARD divisions/resident missions in reviewing project financial
statements and audit reports, and resolving audit qualifications and
ensuring that disbursement activities proceed on an uninterrupted
basis.
- Knowledge Generation and Sharing
- Serve as regional focal point for financial management harmonization.
- Support governance initiatives in the areas of public financial
management as required.
- Assist EARD divisions/resident missions in capacity building or
project of EAs, specifically in the area of financial management.
- Serve as a training resource person for financial analysis/financial
management at the division, department and ADB level.
- Staff Supervision
- 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 on-going learning and development of reporting staff.
- Staff Supervision
- 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 on-going learning and development of reporting staff.
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4. CORE COMPETENCIES:
Technical Knowledge and Skills
- Able to lead others to solve complex problems using technical knowledge
and skills in relation to ADB’s requirements for sound financial
analysis and management
- Applies a high level of technical expertise in work in financial
analysis and management
- Uses technical expertise to advise and support Country teams and
DMCs in developing policy, and in project design
Client Orientation
- Focuses own and other efforts on understanding and meeting client
needs in DMCs (e.g. government agencies, private sector parties, NGOs)
- Able to work effectively with clients
- Seeks feedback on the quality of service and makes improvements
Achieving Results
- Ensures own work contributes to achieving organizational results
- Regularly reviews progress to ensure work is on target
- Prioritizes own and others’ work to achieve key results areas
Working Together
- Develops the team skills of team members
- Encourages cooperation within and between teams and promotes the
value of diversity in teams, such as in different views, culture,
nationality, and gender
- Facilitates conflict resolution within the team
Learning and Knowledge Sharing
- Helps staff to find a variety of ways to learn and develop
- Empowers staff to make improvements
- Encourages the team to learn from each other
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5. KEY RELATIONSHIPS:
| a. Supervisor |
| |
Director |
Work planning, performance feedback,
results assessments, and personal development |
| b. External Clients |
| | |
Knowledge sharing and capacity development |
| c. Internal Clients |
| | |
Support for operations cooperation, project development,
implementation and compliance monitoring, knowledge sharing and
capacity development, team and mission management |
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6. EDUCATION REQUIREMENTS:
A university degree in business, finance or commerce with a professional
designation in accounting, finance or related fields (e.g. CPA, CFA,
CA); preferably at post-graduate level or its equivalent
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7. RELEVANT EXPERIENCE AND OTHER REQUIREMENTS:
- Suitability to undertake the responsibilities mentioned above at
the required level
- At least 8 years of relevant professional experience in private
sector or public sector financial management (i.e. accounting, budgeting,
auditing), or related area
- Excellent oral and written communication skills in English
- International experience working in development in several countries
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8. IMPORTANT INSTRUCTIONS:
Established in 1966 and headquartered in Manila, Philippines, ADB's
multicultural staff come from over 50 member
countries. ADB offers an internationally competitive salary paid
in US dollars. Salaries and benefits are generally free of tax except
for citizens of some countries, primarily the USA and the Philippines,
whose incomes are taxed by their respective governments. While the position
advertised is for the ADB Headquarters in Manila, Philippines, ADB staff
must be prepared to serve in any location outside its Headquarters at
the discretion of Management. Applicants must be nationals of one of
ADB's member countries.
Apply electronically, quoting Ref. No. EXT-PS08-031(2)-EARG and job
title on subject line and attaching application
form to email address PS-Jobs@adb.org.
Gender and cultural diversity is a core recruitment value and
women are actively encouraged to apply.
Due to the volume of applications, ADB will not be able to respond to inquiries about application status and will
only contact shortlisted candidates. Applications lacking the job reference number and job title or using
the wrong e-mail address will not be considered.
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