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Financial Control Officer / 250551

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  • Added Date: Tuesday, 22 July 2025
  • Deadline Date: Tuesday, 05 August 2025
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Financial Control Officer

Job Vacancy | Tuesday, July 22, 2025

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  • Reference Number 250551 Position Level TL5 Department Controller's Department Division Technical Assistance Section, CTLA Location Asian Development Bank Headquarters Date Posted Tuesday, July 22, 2025 Closing Date Tuesday, August 5, 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 Financial Control Officer is assigned in the Technical Assistance Section of the Loan Administration Division (CTLA-TA) within the Controller's Department. You will be based at our Headquarters in Manila, Philippines.

    You will report to designated International Staff (IS).

    Your Role

    As a Financial Control Officer, you will manage the activities for Technical Assistance (TA) and grant related fiduciary and internal financial control compliance, disbursement processing, reporting and administrative matters in a specialized work area within ADB; ensure the work programs and assignments are accomplished.

    You will:

  • Review and comment on ADB project papers, co-financing agreements, completion reports, changes-in-scope and other board documents related to TAs and grants, verify their compliance with disbursement related ADB procedures.
Participate and help develop business process and controls and compliance testing of processes as part of ADB's effort in providing a Management Assertion over the adequacy of internal control over financial reporting. Ensure escalation of issues and audit observations and provide reporting on assigned portfolio to supervising Financial Control Specialist. Help process claims under ADB TA grants or co-financed TA grants by reviewing claims, ascertaining eligibility of expenditures, verifying completeness and correctness of documentation and accuracy of computation, to ensure conformity of applications with contract provisions and related TA agreements, and with prescribed ADB regulations, procedures and guidelines. Approve payment of claims below authorized threshold amount; ensure accuracy of payment instructions, availability of budget allocations, and compliance with provisions of TA financial covenants, relevant ADB administrative orders, circulars, and established procedures. Participate in the implementation and enhancement of Information Technology systems used for TAs; review and provide suggestions for enhancements in systems for efficient operations. Contribute to efficient discharge of TA disbursement function and facilitate TA project implementation by reviewing and commenting on draft TA paper and agreements, undertaking research and attending meetings on specific/problematic TA disbursement issues, preparing country disbursement reports to Developing Member Countries, providing training to TA Supervising Units, executive agencies and Resident Mission (RM) staff on TA disbursement guidelines and procedures, and being resource speaker during TA disbursement seminars. Provide guidance to administrative staff to ensure recording and disbursement of claims in compliance with applicable policies and generally accepted accounting principles. Monitor and review analysis and reconciliations of assigned TA advance and RM suspense accounts and reviews and approves vouchers under specific authority. Provide inputs to staff interim and year-end performance evaluations, as may be requested, for assigned staff. Perform other tasks, including preparation of external correspondence for approval by the IS. Provide required information based on established procedures.

Qualifications

You will need:

📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟯! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟯 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔, 𝗜𝗢𝗠 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐

⚠️ 𝐂𝐡𝐚𝐧𝐠𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐟𝐞 𝐍𝐨𝐰: 𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐣𝐨𝐛 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐍𝐚𝐭𝐢𝐨𝐧𝐬 𝐍𝐎𝐖!

Bachelor's degree in accounting, business administration, commerce or finance with Certified Public Accountant; preferably with advanced training. At least 8 years combined work experiences in TA, loan or grant disbursement, administration, or related work experience in accounting or auditing. Experience implementing or working with large enterprise systems. In-depth understanding of multilateral bank operations, administrative and disbursement procedures. Working knowledge of international banking transactions. Experience guiding team members to facilitate work planning, delivery and quality review. Written and verbal proficiency in English. Experience collaborating with teams as a constructive team member. Please refer to the link for ADB Competency Framework for TL5.

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.

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 is a fixed-term appointment for an initial fixed period of 3 years. At the end of the initial period, this appointment may, at the option of ADB, be extended once for up to 2 years, converted to a regular appointment, or ended on its expiration date. This decision will be made in the overall interest of ADB that: (a) it will require Staff's particular blend of skills and experience in the foreseeable future; and (b) Staff's performance is satisfactory and they are suitable for further employment.

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 its Strategy 2030.

ADB only hires nationals of its 69 members.

To view ADB Organizational Chart, please click here.

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.

Visit ADB Careers FAQ for more information.

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📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟰! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟰 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗜𝗢𝗠, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐

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