The position of Financial Management Specialist is assigned to the Financial Management Division (PFFM) within the Procurement, Portfolio and Financial Management Department (PPFD). The role is outposted to Papua New Guinea Resident Mission (PNRM) in Port Moresby, Papua New Guinea for an initial assignment of three years. After this period, subject to business needs, the role may be assigned at ADB Headquarters in Manila, Philippines or at another resident mission office. Relocation is required.
The specialist will report to the Director, PFFM, and the Country Director, PNRM, and will oversee junior team members and consultants.
Responsibilities:
- Provide technical guidance, analysis, and advice on financial management and financial due diligence issues in sovereign operations, following relevant ADB policies, instructions, guidelines and procedures.
- Help develop financial management guidelines, procedures, and internal review processes for Audited Project Financial Statements and Audited Entity Financial Statements (APFS/AEFS), promoting automation and ADB's digitalization agenda.
- Conduct financial due diligence for sovereign operations, including assessments of accomplishing and implementing agencies, financing plans, financial viability, financial covenants, risk mitigation measures, and financial reporting, auditing, and disclosure arrangements.
- Provide financial management throughout project processing, implementation and technical assistance to facilitate project implementation and ensure financial sustainability and adherence to international accounting and auditing standards.
- Review APFS/AEFS for sovereign projects, validate implementation of audit recommendations, and ensure quality control of financial management inputs in operational documents, reports, briefings, and presentations.
- Deliver financial management capacity building and knowledge-sharing programs for clients and staff.
- Manage staff and consultant performance and support ongoing learning and development.
Qualifications:
- University degree in business, finance, commerce, or related fields; preferably at post-graduate level.
- Professional qualification in accounting (e.g., CPA, CA, ACCA) from an internationally recognized institution (e.g., IFAC).
- At least 6 years of relevant professional experience in private or public sector financial management or related area with international experience working in several countries.
- Demonstrated experience leading projects and sharing relevant knowledge.
- Written and verbal proficiency in English.
- Experience mentoring team members and providing guidance on delivery of services.
ADB offers a rewarding salary and comprehensive benefits package including housing and education allowance and expatriate benefits (if applicable).
HOW TO APPLY:
Apply via the ADB careers portal at the URL above.
https://www.adb.org/careers/260666