Financial Management

Reference # ADB-HR-13-0552
Position Title: Financial Management
Department Budget, Personnel, and Management Systems Department
Division HR Business Partners Division
Location Manila, Philippines
Recruitment Type International
Date Posted 16 September 2013
Closing Date 3 October 2013 , 5:00 p.m. (1700 Manila Time, 0900 GMT)

Job Purpose:

Lead in providing advice, expertise and technical guidance to the financial analysis and financial management activities of the department within the framework of ADB's policies and guidelines. Works within general policies, principles and goals, having freedom to work with clients.

Expected Outcomes

Policies, Strategies and Frameworks
• Participate in the Financial Management Community of Practice.
• Contribute substantially to the review and update of ADB’s policies and guidelines with respect to financial analysis and financial management.

Operational Advice and Support
• Lead in the review and provide technical support to the department 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 department’s 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 teams processing non-sovereign operations.
• Participate in country partnership strategy (CPS) preparation and midterm reviews including assessing capacity development requirements for financial management at the country level; and assist in completing country financing parameters, where necessary.
• Interact with department’s 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.
• Assists in developing audit terms of reference for specific project audits.
• Assists the department’s divisions/resident missions in reviewing project financial statements and audit reports, and resolving audit qualifications and ensure 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 the department’s divisions/resident missions in capacity building for 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
• Take the role of team leader and supervise the work of team members.
• 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.

Educational Requirements:

Master's Degree, or equivalent, in Accounting, Finance, Business Administration, with a professional qualification, such as Certified Public Accountant (CPA)/Certified Financial Analyst (CFA) or its equivalent. University degree in Accounting, Finance, Business Administration combined with specialized experience in similar organization/s may be considered in lieu of a Master’s degree.

Relevant Experience And Other Requirements:

• Suitability to undertake the responsibilities mentioned above at the required level
• At least 10 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

Core Competencies:

Application of Technical Knowledge and Skills
• Provides supervision to others in completing their technical tasks
• Called upon for advice and guidance based on expertise gained by working in different countries and organizations
• Contributes advanced knowledge and expertise to different parts of the Department

Client Orientation
• Proposes effective services and solutions to staff beyond presenting issues and past challenges
• Assists colleagues adapt to the cultural and business norms of diverse clients and country situations
• Gains respect for the breadth and depth of expertise demonstrated in effectively managing diverse clients and country situations
• Called upon to resolve client situations that may impact their long-term ADB relationship

Achieving Results and Problem Solving
• Resolves situations where client needs are not being met
• Shares past experiences from different projects, organizations, and countries to help achieve quality results
• Ensures that thorough analysis includes current and relevant factors from different countries and contexts
• Sought out for guidance and experience in overcoming the most challenging situations
• Draws on long-term relationships with stakeholders to help plan for and achieve results

Working Together
• Addresses team members not contributing to required standards
• Commits to delivering timely and high quality work to assist in the team’s success
• Develops and maintains good internal and external peer and senior level relationships
• Helps teams understand common features to build rapport and overcome challenges

Communication and Knowledge Sharing
• Provides stakeholders with the level and quality of information required to achieve outcomes
• Encourages others to seek long-term solutions to address feedback opposed to focusing on immediate concerns or reactions
• Uses breath of multi-country and multi-client knowledge to equip clients and staff for more effective outcomes
• Designs and implements project and program knowledge and services

Innovation and Change
• Consistently seeks more effective and practical ways for the Departmental delivery of services, products, and processes
• Proposes new ways to improve the quality and relevance of products and services
• Includes the core benefits and reasons for change when developing comprehensive change roll out plans
• Influences and persuades decision makers by presenting business cases supporting the proposed changes

Immediate Reporting Relationships / Other Information:

• Supervisor: Director
• The following staff positions report to the financial management specialist:
o Administrative Staff
o National Staff
• Women are encouraged to apply.

*Buttons launch new browser windows or tabs

Note: Applications for anticipated vacancies are received through the ADB Recruitment Center (ARC), a system that automates ADB's recruitment process. ARC facilitates the submission of applications, and enables applicants to check status of their applications on ADB's website. You will need to create an account before making any submissions.