Senior Financial Management Officer
Job Vacancy | Wednesday, June 25, 2025
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- Reference Number 250518 Position Level TL6 Department Procurement, Portfolio and Financial Management Department Division Financial Management Division Location Papua New Guinea Resident Mission Date Posted Wednesday, June 25, 2025 Closing Date Wednesday, July 9, 2025 11:59 p.m. (2359 Manila Time, 0800 GMT)
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a difference 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 Senior Financial Management Officer is assigned to the Financial Management Division (PFFM) within the Procurement, Portfolio, and Financial Management Department (PPFD). The position is assigned to ADB's Papua New Guinea Resident Mission (PNRM) in Port Moresby. PNRM is a resident mission within the ADB's Pacific Department (PARD). PNRM supports and manages ADB's portfolio, projects, and country relationships in Papua New Guinea (PNG) including client relationships with the Government of PNG. It is envisaged that you will also provide support to other countries in the Pacific region and/or other regions.
You will report to Director, PFFM or a designated Technical International Staff and have a matrix reporting line to the Country Director, PNRM.
Your Role
As a Senior Financial Management Officer, you will: (a) provide operational services in conducting financial management tasks for projects during all stages of the operational cycle including processing, implementation and completion; (b) support country FM assessments and FM systems strengthening projects; and (c) coordinate the development and delivery of knowledge sharing and capacity building support.
You will be a financial management focal point in the PNG resident mission and generally, work independently or with a team.
You will:
Operational services
- Lead: (i) the review of audited project and entity financial statements (APFS/AEFS) for all assigned projects following ADB's internal review guidelines including updating checklists, monitoring and quality improvement; and (ii) FM support to project teams to communicate with executing and/or implementing agencies (EAs/IAs) on issues identified in the APFS and AEFS, including compliance with financial covenants.
Country FM Systems
Participate as a team member for preparation of country or regional partnership strategy, governance risk assessments, or country public financial management assessments (e.g., public expenditure and financial accountability assessments). Review country FM systems and monitor changes related to project financial management, audit, taxation, and other finance-related areas, and update country management and staff on any changes that may affect project implementation and performance.Knowledge management
Participate in and contribute to internal and external knowledge products, training and conferences and other activities for FM advocacy, distribution, and knowledge building. Support the implementation of stand-alone and technical assistance related FM capacity building programs for clients. Prepare and implement a capacity development plan for EAs/IAs to improve their understanding of ADB financial management requirements; conduct FM training and coaching programs for EAs/IAs. Lead efforts for building the capacity of audit firms engaged by ADB projects.Other tasks
Other tasks as assigned and reflected in your workplan.
Qualifications
You will need:
Bachelor's degree preferably with Master's degree in Accounting, finance, or a related field; Professional qualification in accounting (e.g. CPA, CA) from an internationally recognized institution (e.g., IFAC). A CFA qualification is desirable; At least 8 years of relevant professional experience in private or public sector financial management (i.e., in accounting, budgeting, auditing) and at least 4 years of supervisory experience; Experience with (a) investment project appraisal, and (b) appraisal processes of financial institutions including multilateral development banks for sovereign and non-sovereign transactions is a valuable asset; Advanced and broad knowledge of all aspects of FM, including: (i) International Financial Reporting Standards and International Standards on Auditing; (ii) experience with internal control systems and procedures (in particular the Committee of Sponsoring Organizations framework); (iii) experience in auditing including assessing auditors' competence; and (iv) experience advising clients on the design and implementation of FM systems, including financial and management reports; Have independent working skills on assigned transactions, areas of analysis and research, which have well-defined scope and steps; Report-writing with proficiency in expressing ideas in both spoken and written formats in English; Liaise and work with government officials; Guide administrative staff to facilitate work planning, delivery and quality review; Have planning, organizational and administrative skills; Proficiency in MS Word, MS Excel, MS PowerPoint; familiarity with database management tools; and Work with teams as a constructive team member. Please refer to the link for ADB Competency Framework for Technical Local Staff level 6.
Benefits
ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.
Housing and education allowance (if applicable) Expatriate benefits (if applicable) Retirement plan Medical and health benefits Paid leave (including parental) Life and other insurance plans Staff development
Additional Information
This appointment is open to internal and external applicants.
This opening is a local staff position. It is open only to nationals and permanent residents of Papua New Guinea.
This is a fixed term appointment with option to renew, initially for a period of up to 3 years, or up to the Normal Retirement Date (NRD), whichever comes earlier, for the purpose(s) and conditions determined by ADB, in accordance with Administrative Order No. 2.01 (Recruitment and Appointment). After the initial fixed-term period, ADB may choose to renew the appointment for up to an additional 3 years or not renewed. This decision will be made in the overall interest of ADB, based on factors including but not limited to the requirement of Staff's particular blend of skills and experience for the medium-term work program of the organizational unit, sufficient funding to cover the renewed period, and Staff's performance and suitability for employment. There is no limit to the number of renewals up to NRD. However, this appointment is not convertible to a regular appointment.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 50 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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