Financial Management Officer

Provide financial management oversight and support to projects in Asia.

This opening expired 2 years ago. Do not try to apply for this job.

Application deadline 2 years ago: Tuesday 23 Jul 2024 at 12:00 UTC

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Overview

Provide financial management oversight and support to projects in Asia.

You have:

  • Experience in financial management assessment and due diligence in projects.
  • Strong understanding of public financial management frameworks and best practices.
  • Knowledge of capacity building principles and methodologies.
  • Ability to communicate effectively in English, both written and spoken.
  • Academic background in finance, economics, or a related field.

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 of Financial Management Officer 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.

You will report to designated International Staff and senior National Staff. The incumbent may also receive guidance from designated International Staff/Country Director of IRM. Country Directors may also provide supervisory inputs to the incumbent's annual workplan and performance review, as needed.

Your Role

As a 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 Indonesia, the incumbent can be assigned to work on tasks in other developing member countries of ADB as needed.

You will:

Operational services

Country FM Systems

Knowledge management

Other tasks

Qualifications

You will need:

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)

Additional Information

The position is located in Indonesia. It is open only to nationals and residents of Indonesia.

This is a re-advertisement. If you have previously applied, you do not need to resubmit an application. Applications received in response to previous posting will be considered together with applications received in response to this advertisement.

About Us

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.

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.

Potential interview questions

Can you describe a time when you identified a financial risk in a project and how you handled it? This question assesses your proactive approach to risk management in financial projects. Provide a specific example highlighting the risk, your analysis, and the outcome.
How do you ensure compliance with financial regulations when conducting project assessments? The interviewer wants to evaluate your knowledge of compliance standards in financial management. Pro members can see the explanation.
Describe your experience working with teams to implement financial systems in developing countries. Pro members can see the explanation. Pro members can see the explanation.
What strategies do you use to communicate complex financial information to non-financial stakeholders? Pro members can see the explanation. Pro members can see the explanation.
Can you give an example of how you have contributed to capacity building in financial management? Pro members can see the explanation. Pro members can see the explanation.
Added 3 years ago - Updated 1 year ago - Source: adb.org