Financial Management Officer
Provide financial management support and operational services for project financing
This opening expired 2 years ago.
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Overview
Provide financial management support and operational services for project financing
You have:
- Provide operational services in conducting financial due diligence of projects during processing and supervision during implementation.
- Support country FM assessments and FM systems strengthening initiatives.
- Coordinate the development and delivery of knowledge sharing and capacity building support.
- Experience in financial management, institutional assessments, or project-related financial oversight.
- Understanding of the operations of development finance institutions.
IMPORTANT INFORMATION:
The position is located in Bangladesh. It is open only to nationals and residents of Bangladesh.
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. After the initial fixed period, ADB has the option to renew the appointment for up to three years or allow it to expire. This decision is based on ADB’s overall interest in retaining the skills and experience of the staff for medium-term work program within the respective group, department, or office, while considering the availability of funding sources.
Overview
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 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 its Strategy 2030.
ADB only hires nationals of its 68 members.
The position is assigned to the Public Financial Management Division (PFFM) within the Procurement, Portfolio and Financial Management Department (PPFD). Financial Management (FM) is an integral component of ADB’s obligations to ensure that the projects it finances are financially viable and sustainable, that ADB funds are used for the purposes for which they were approved, and that borrowers have the capacity to fulfill their obligations under legal agreements. PPFD/PFFM supports the framework, guidelines, and processes regarding ADB’s FM mandate and responsibilities.
To view ADB Organizational Chart, please click here.
Job Purpose
The Financial Management Officer will (a) provide operational services in conducting financial due diligence of projects during processing and supervision during implementation; (b) support country FM assessments and FM systems strengthening initiatives; and (c) coordinate the development and delivery of knowledge sharing and capacity building support.
Though the position is based in Bangladesh, the incumbent can be assigned to work on tasks in other developing member countries of ADB as needed.
The incumbent will report to designated International Staff and senior National Staff. The incumbent may also receive guidance from designated International Staff/Country Director of BRM. Country Directors may also provide supervisory inputs to the incumbent's annual workplan and performance review, as needed
Responsibilities
Operational services
Country FM Systems
Knowledge management
Other tasks
Qualifications
Relevant Experience & Requirements
General Considerations
The selected candidate, if new to ADB, is appointed for an initial term of 3 years.
ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB’s standards and computation, taking into account the selected individual’s qualifications and experience.
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.
Please note that the actual level and salary will be based on qualifications of the selected candidate.
Potential interview questions
| Can you describe a time when you conducted financial due diligence on a project? | This question assesses your practical experience in financial analysis and diligence processes. | Provide a specific example, detailing your approach and the results achieved. |
| How do you prioritize competing financial projects or assessments? | The interviewer wants to know about your organizational skills and decision-making process. | Pro members can see the explanation. |
| What strategies do you employ for effective knowledge sharing within your team? | Pro members can see the explanation. | Pro members can see the explanation. |
| Describe a successful capacity building initiative you have led or participated in. What was your role? | Pro members can see the explanation. | Pro members can see the explanation. |
| How familiar are you with the regulatory frameworks that govern financial management in development projects? | Pro members can see the explanation. | Pro members can see the explanation. |
Added 2 years ago
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Updated 1 year ago
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Source:
adb.org
