Close relatives1 of ADB staff, except spouses of international staff, are not eligible for recruitment and appointment to staff positions. Applicants are expected to disclose if they have any relative/s by consanguinity/blood, by adoption and/or by affinity/marriage presently employed in ADB.
1Close relatives refer to spouse, children, mother, father, brother and sister, niece, nephew, aunt and uncle
Staff on probation are not eligible to apply. Applicants for promotion must have served at their position for at least one year and must have normally served at their personal level for at least two years immediately preceding the date of the vacancy closing date. Applicants for lateral transfer must have served at their position and personal level for at least one year immediately preceding the date of the vacancy closing date (reference A.O. 2.03, paragraphs 5.8 and 5.9).
In the event that the staff appointed to a new category (i.e. from AS to NS, or from NS to IS) is rated at 2 or lower in the first two performance reviews after appointment at the new level, they will return to the level occupied immediately prior to their appointment in the new category.
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.
ADB only hires nationals of its 68 members.
The position is assigned in the Loan and Grant Disbursement Section of Loan Administration Division (CTLA-LGD) within the Controller’s Department. Controller’s Department helps maintain adequate and sound internal control of processes in ADB and provides quality services to clients while maintaining sound fiduciary controls. CTLA-LGD manages disbursement processes for active loans and grants, ensures appropriate fiduciary control or disbursement arrangements are established for sovereign loans and grants, provides technical supervision and guidance to Disbursement Units (DUs) in the Resident Missions and organizes various capacity building seminars and workshops.
To view ADB Organizational Chart, please click here.
The Financial Control Analyst will review and process loan and grant withdrawal applications, provide analytical support, and assist in coordinating, processing administrative activities in public sector loans and grants, including cofinanced projects. The incumbent will report to designated International Staff and/or senior National Staff.
• Processes withdrawal applications under ADB public sector loans, grants, and cofinancing by critically reviewing withdrawal applications under the various disbursement procedures, ensuring compliance with Loan and Grant Regulations, disbursement procedures, and the service level standards.
• Supports supervisors in monitoring the project expenditures claimed through Statement of Expenditure (SOE) and other simplified documentation procedures, assessing risk, and reviewing relevant evidences on sampling basis.
• Keeps track of deposits, liquidations and reconciliation under Advance Accounts and prepares periodic reports thereon.
• Plans, organizes, and provides guidance to junior processing staff to achieve peak performance when needed.
• Assists the National Staff in the review of project completion reports and providing inputs and comments.
• Prepares drafts of various internal and external correspondence on disbursement-related matters for review by supervisors
Relevant Experience & Requirements
• Bachelor’s degree in Accounting, Business Administration, Commerce or Finance with Certified Public Accountant designation.
• At least 5 years work experience in disbursement, project administration, or relevant professional experience in accounting and auditing in a computerized environment with some supervisory role, in a large organization;
• Knowledge and understanding of development organization’s operations, and disbursement procedures.
• Good understanding of internal control concepts and business processes to assist in the maintaining sound internal controls and assessing risks related to financial reporting.
• Proficient with O365 software (e.g, MS Word, MS Excel, Teams) and large enterprise software, such as Oracle, and in the use of computer databases to input and extract information, and to generate standard and ad hoc financial reports.
• Good understanding of the business interaction between related work areas.
• Excellent written and verbal communication skills in English.
• Ability to work collaboratively with teams as constructive team member.
• Please refer to the link for ADB Competency Framework for Administrative Staff Levels AS7.
The selected candidate, if new to ADB, is appointed for an initial term of 3 years.
ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB’s standards and computation, taking into account the selected individual’s qualifications and experience.
ADB seeks 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.
Please note that the actual level and salary will be based on qualifications of the selected candidate.