Financial Control Assistant
Job Vacancy | Monday, April 14, 2025
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- Reference Number 250225 Position Level TL1 Department Controller's Department Division Loan and Grant Disbursement Section Location Asian Development Bank Headquarters Date Posted Monday, April 14, 2025 Closing Date Monday, April 28, 2025 11:59 p.m. (2359 Manila Time, 0800 GMT)
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a lasting impact on 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 Assistant is assigned to the Loan and Grant Disbursement Section of the Loan Administration Division (CTLA-LGD) within the Controller's Department (CTL). You will be based at our Headquarters in Manila, Philippines and will report to the designated International Staff and Officer.
Your Role
As a Financial Control Assistant, you will review and process loan and grant withdrawal applications including applications for advance account and its liquidation, reimbursement, commitment letter, and direct payment, and help coordinate processing and administrative activities related to loan and grant disbursement.
You will:
- Process withdrawal applications of loans and grants under ADB public sector and co-financed projects, by critically reviewing withdrawal applications under the disbursement procedures, ensuring compliance with Loan and Grant Regulations, ADB policies related to disbursement, and the service level standards.
Qualifications
You will need:
Bachelor's degree in accounting, Business Administration, or Finance; with a Certified Public Accountant (CPA) qualification. 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. Experience with accounting practices and systems and general policies, procedures, guidelines and reporting requirements prevalent in a multilateral institution. Experience with internal control concepts and business processes to help maintain sound internal controls and assessing risks related to financial reporting. Proven interpersonal and ability to resolve issues effectively. Proficiency in MS Word, MS Excel, MS Teams, Outlook, PowerPoint, SharePoint, and large accounting related software, such as Oracle ERP. Proficiency in the use of complex databases to input and extract information; able to produce standard and ad hoc financial reports. Experience with the business interaction between related work areas. Written and verbal communication skills in English. Ability to collaborate with teams as a constructive team member. Please refer to the link for ADB Competency Framework for TL1.Benefits
ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.
Paid leave (including parental) Medical and health benefits Life and other insurance plans Staff development Retirement plan Housing and education allowance (if applicable)Additional Information
This opening is a local staff position. It is open only to nationals and residents of the Philippines.
This position is funded by a temporary funding source (e.g., a trust fund, financing facility, or capital expenditure budget) and therefore, the renewal of the appointment and its duration are subject to the availability of the funding source.
This is a fixed term appointment with option to renew for an initial period of (3) years following Section 3.1 (b) of Administrative Order No. 2.01 (\"Recruitment and Appointment'). This appointment is not convertible to a regular appointment. At the end of the initial period, this appointment may be renewed for a period of up to three years, or not renewed. There is no limit on the number of renewals. This appointment is open to internal and external applicants.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 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 our Strategy 2030.
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.
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