Deadline: 27 November 2015
Asian Development Bank (ADB) is currently seeking applications from the eligible applicants for the post of Principal Financial Management Specialist in Philippines.
The Principal Financial Management Specialist works within a framework and broad policies, principles and goals, applying a high degree of autonomy in selection of approaches and work methods.
The ADB aims for an Asia and Pacific free from poverty.
Key Jobs Responsibilities
The Principal Financial Management Specialist will perform the following functions-
- Review and update ADB’s FM policies, administrative instructions, technical guidelines, and templates (i.e., the project administration manual).
- Review relevant other policies to ensure consistency from a financial management perspective.
- Oversee preparation of bi-annual FM retrospective reviews for ADB Management assessing the design and implementation of FM due diligence for ADB loan and/or grant financed projects.
- Coordinate with governance and public management thematic teams to strengthen use and capacity of country public financial management systems.
- Coordinate the preparation of reports to Management and the Board on the status of project performance reporting, including FM indicators.
- Advise operations departments on compliance with FM policies, administrative instructions, and technical guidelines in project design, processing and implementation.
- Advise on financial risks to inform the country partnership strategy and the design and implementation of projects and identify appropriate risk mitigation measures.
- Support operations in conducting dialogue with government officials on ADB’s FM policies and procedures.
- Support operations in conducting dialogue with government officials on country-led FM policy and reforms.
- Work with project teams to develop financial structures for sensitive and complex projects, proposing innovative solutions as appropriate.
- Develop FM knowledge products including sector/thematic studies and assessments, good practice examples, guidelines, and checklists.
- In cooperation with Budget, Personnel and Management Systems Department, oversee the design and delivery of FM training programs in areas of financial risk assessment, financial analysis, and financial management assessment, use of country FM systems, and project supervision and administration.
- Oversee, develop and maintain databases and websites containing relevant information on ADB’s FM knowledge products and activities.
- Participation in multilateral development bank Financial Management Harmonization working group, and regional accounting and audit bodies.
- Supervise the performance of teams and individuals, providing clear direction and regular monitoring and feedback on performance.
- Provide coaching and mentoring to teams and individuals and ensure their ongoing learning and development.
Eligibility Criteria
Applicants must have-
- Master’s Degree, or equivalent, in Business, Finance, Commerce, or related fields, with a professional designation in Accounting (e.g. CPA, CA); University degree in Business, Finance, commerce or related fields, combined with specialized experience in similar organization/s, may be considered in lieu of a Master’s degree.
- At least 12 years of relevant professional experience in private sector or public sector financial management (i.e., accounting, budgeting, auditing), or related area.
- International experience working in development in several countries.
- Excellent in project and/or structured finance and/or multilateral development banking preferred.
- Credible expert in field of expertise with recognized ability to lead projects and to share relevant knowledge to benefit the broader ADB community.
- Excellent oral and written communication skills in English.
- Able to perform effectively as a team/unit lead, exercising supervision, coordination, and planning responsibilities over multi-disciplinary team/unit.
- Able to mentor team members, providing guidance and advice on delivery of services.
- Able to coach team members to develop their capabilities/potential.
- Has potential for higher managerial responsibilities (for incumbents being considered for the Managerial career path) – able to think like a Director and demonstrate a high level of maturity.
- Able to act as an effective OIC of the Unit when required.
How to Apply
Applicants must submit their applications through online process.
For more information, please visit ADB.
