Financial Management Analyst
Job Vacancy | Wednesday, April 2, 2025
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- Reference Number 250293 Position Level TL3 Department Procurement, Portfolio and Financial Management Department Division Procurement, Portfolio and Financial Management Department Location People's Republic of China Resident Mission Date Posted Wednesday, April 2, 2025 Closing Date Wednesday, April 16, 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 is assigned to the Financial Management Division (PFFM) within the Procurement, Portfolio and Financial Management Department (PPFD). You will be based at our People's Republic of China Resident Mission office in Beijing, PRC.
You will report to Director, PFFM, international staff and officer.
Your Role
As a Financial Management Analyst, you will provide technical, analytical, and coordination support for the daily operational and administrative requirements of PFFM. The responsibilities may encompass providing support for several activities, including : (i) assisting in financial management supervision during implementation; (ii) conducting financial due diligence during project processing; (iii) performing portfolio analysis and generating reports; (iv) facilitating the processing and implementation of technical assistance projects; (v) assisting with general tasks related to PFFM; and (vi) providing coordination support to one or more assigned supervisors, as detailed below.
Though the position is based in People's Republic of China, you can be assigned to work on tasks in other developing member countries of ADB as needed.
You will:
Financial management monitoring during implementation.
- Ensure ADB's FM requirements are met by diligently following up with project teams and executing/implementing agencies (EA/IAs) including compliance with financial covenants.
Financial due diligence during project processing.
Support the financial due diligence for project processing following ADB's requirements while exercising discretion:
Assess financial management capacity of EA/IAs, evaluating the sufficiency of FM systems, and designing FM arrangements and FM actions to mitigate the risks. Finalize cost estimates and financing plan based on technical information provided by project teams. Conduct financial evaluation and analysis of projects and EA/IAs for financial viability and sustainability. Develop risk mitigation measures including financial covenants for incorporation into legal agreements. Draft relevant sections of the report and recommendation of the President, project administration manuals, financial analysis link document, risk assessment and risk management plans, etc. Establish and update master data in ADB's electronic databases for new projects (e.g., financial reporting and auditing requirements, covenants for compliance, etc.).Portfolio analysis and reporting.
Prepare and/or help prepare analytical reports:
On portfolio financial management performance (such as including statistical analysis, charts, tables) based on data extracted from ADB's electronic databases. On non-compliance or delayed compliance with APFS and AEFS submission and public disclosure requirements, quality of the submissions, common issues and deficiencies identified.Support technical assistance (TA) processing and implementation.
Assist TA teams in PFFM to prepare TA reports and change memos, ensuring compliance with policy requirements. Undertake relevant research and compile related documents. Monitor TA implementation against targets. Support with consultant recruitments and contract administration. Coordinate arrangements and logistics for TA-funded missions including securing government clearance, mission and travel request authorization, arranging flights and accommodations, in-out arrangements, visas, and scheduling appointments.General PFFM tasks:
Maintain PFFM's webpage, PFFM databases, oversee document logs, and ensure organization and accessibility. Assign tasks to PFFM staff and monitor timely completion. Help with staff consultant recruitment and contract administration. Help prepare presentation materials, coordinate activities for knowledge distribution activities and ensure timely release and sharing of knowledge products. Contribute to knowledge product development by researching and compiling relevant documents. Help with the drafting and revision of operations manual sections, staff instructions, and project administration instructions. Manage the interdepartmental review process, including summarizing comments from different departments and help with the editing of reports. Ensure documents follow ADB's Handbook of Style and Usage. Collaborate with relevant ADB departments and offices for logistical support and coordination.Coordinate and support assigned supervisors:
Schedule appointments and arrange mission travel, including obtaining mission clearances (internal and external), flight and travel arrangements, in-out arrangements, visas, mission kits, mission materials and mission appointments.Others:
Any other tasks assigned by the supervisor or reflected in your work plan.Qualifications
You will need:
Bachelor's degree preferably in accounting, business administration, commerce or other relevant discipline. Professional qualification in accounting (e.g. CPA, CA) from an internationally recognized institution (e.g., IFAC). A CFA qualification is an advantage. At least 5 years of relevant professional experience. Knowledgeable in ADB policies, guidelines and procedures, an advantage. Experience collaborating with internal and external clients, including ADB colleagues, government officials, development partners and other international networks. Working knowledge of financial management in a multilateral and bilateral development context is an advantage. Excellent verbal and written communication skills in English. Proficiency in MS productivity suite (i.e., Word, Excel, PowerPoint), videoconferencing (i.e., Zoom, MS Teams) and document filing systems (i.e., SharePoint, OneDrive). Please refer to the link for ADB Competency Framework for Technical Local Staff Level 3.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) Expatriate benefits (for international staff)Additional Information
This opening is a local staff position. It is open only to nationals and residents of People's Republic of China.
This is a fixed term appointment with option to renew for an initial period of three (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.
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