Financial Management Specialist

As a Monetary Administration Specialist you’ll: (a) assist the implementation of company FM initiatives, improvement and revision of FM coverage and steering supplies; (b) present operational providers in conducting monetary due diligence of initiatives throughout processing and supervision throughout implementation, together with high quality assurance following a risk-based strategy; (c) lead and/or assist nation FM assessments and FM techniques strengthening initiatives; (d) coordinate the event and supply of data sharing and capability constructing assist to ADB and authorities workers; and (e) carry out different duties that could be assigned by the supervisor.

Company FM initiatives:

• Contribute to the event and replace of company FM coverage and steering supplies, together with operations’ manuals, workers directions, mission administration directions, technical steering notes, and different advert hoc steering on fiduciary issues and methods.
• Evaluate and updates different ADB insurance policies to make sure consistency from a monetary administration perspective.
• Contribute to the event, and screens the implementation of, the FM practical results-based work plan.
• Guarantee high quality management of monetary administration inputs within the numerous operational and non-operational paperwork in relation to monetary administration.

Operational assist for processing and implementation:

• Perform as a OneADB group member of sovereign operations’ mission groups on monetary due diligence work by supporting / main the:
• Monetary administration assessments of executing and implementing companies;
• Preparation and settlement of price estimates and a financing plan;
• Preparation of monetary projections and conducting monetary analyses of the executing and implementing companies;
• Conduct of monetary evaluations (monetary cost-benefit analyses) together with sensitivity analyses of mission parts which have a cost-recovery goal to evaluate mission monetary viability;
• Growth of mitigation measures to be integrated as covenants in authorized agreements to strengthen institutional governance and improve mission or entity monetary sustainability or viability; and
• Growth of preparations for monetary reporting, auditing, and public disclosure.
• Guarantee passable decision of all monetary administration points throughout the One ADB group and escalates any remaining points for decision.
• Carry out high quality assurance evaluations following a risk-based strategy of monetary administration sections of mission documentation and ensures adherence to ADB’s monetary administration necessities.
• Assist the continual improvement and implementation of monetary administration tips and procedures for evaluate of audited mission monetary statements and audited entity monetary statements (APFS/AEFS), monitoring and high quality enchancment.
• Carry out/supervise the evaluate of APFS/AEFS for sovereign initiatives.
• Critiques, validates, screens, and evaluates implementation standing of audit suggestions.
• Guarantee high quality management of sovereign operations’ studies, briefings and shows on APFS, AEFS and different monetary administration associated issues.
• Supervise the work of consultants.

Nation degree monetary administration points:

• Assist the implementation of public monetary administration diagnostic research akin to the general public expenditure and monetary accountability, governance assessments, and the event and implementation of technical help initiatives for strengthening public monetary administration.
• Take part in portfolio evaluate missions and leads / helps dialogue with the federal government and executing and implementing companies to deal with monetary points arising throughout implementation and assist resolve issues.
• Assist dialogue with authorities officers on strengthening monetary governance on the nationwide, subnational, and sector ranges and contributes to the event of country-led FM coverage and reforms.

Data sharing and capability constructing:

• Assess, design and/or implement stand-alone and technical help associated monetary administration capability constructing packages for ADB workers and the workers of executing and implementing companies.
• Undertake information sharing actions and common communications with counterparts inside and out of doors ADB to maintain abreast with the newest developments in worldwide and nationwide monetary administration and evaluation practices.

Different duties:

• Signify ADB on worldwide platforms with different multilateral improvement banks and establishments engaged in audit, monetary reporting, and governance.
• Supervise the efficiency of reporting workers.
• Guarantee ongoing studying and improvement.
• Every other duties that could be assigned by the supervisor and/or integrated within the workplan.

{Qualifications}:

Related Expertise & Necessities:

• College diploma in Enterprise, Finance, commerce or associated fields, ideally at post-graduate degree or its equal
• Skilled qualification in accounting (e.g., CPA, CA) from an internationally acknowledged establishment (e.g., IFAC) is necessary. A CFA qualification is a bonus.
• No less than 6 years of related skilled expertise in personal sector or public sector monetary administration (i.e., accounting, budgeting, auditing), or associated space.
• Worldwide expertise working in a number of nations, notably ADB’s DMCs.
• Credible professional in subject of experience with acknowledged capability to steer initiatives and to share related information to learn the broader ADB group.
• Glorious oral and written communication expertise in English.
• Capable of mentor group members, offering steering and recommendation on supply of providers.
• Please discuss with the hyperlink for ADB Competency Framework for Worldwide Workers Stage 4.

Supply:   https://www.adb.org/careers/240227