Overview
Ensure accurate accounting and robust internal controls for ADB's financial products, support the development of ADB's accounting policy, prepare financial and management reports, and help strengthen ADB's resilience.
Tasks Summary
- Evaluate the impact of new accounting standards on ADB and help develop related policies, guidance, and implementation plans.
- Coordinate the accounting analysis related to ADB financial instruments and review new projects and products.
- Help prepare ADB's responses to exposure drafts from accounting standard-setting bodies.
- Oversee reviewing and controlling financial transactions covering loans, guarantees, and equity.
- Oversee the preparation of financial statements and management reports.
- Manage the regular accounting, billing and collections tasks for loans and other financial products.
- Collaborate with other departments in review of the fair valuation of financial and derivative instruments.
- Develop, implement, and monitor accounting policies for lending operations, evaluate internal controls, and help review and improve business processes.
- Provide reviews and input on board and policy papers, procedures, guidelines, and financing agreements.
- Participate in IT system enhancements, focusing on accounting-related modules.
- Coordinate with relevant departments, offices, borrowers, and executive agencies.
- Represent the Controller's Department on ADB-wide activities, projects, working groups and committees.
- Provide leadership to reporting staff by supervising performance, providing constructive feedback and encouraging professional development.
Experience Requirements
- At least 6 years relevant professional accounting experience in financial products (loans, equity investments, guarantees, and related derivatives).
- Good business knowledge and working experience in accounting and financial reporting in multilateral development banks or large financial institutions and associated IT systems.
- Experience with internal controls and business process concepts, and standard policies, procedures, guidelines, and reporting requirements in multilateral institutions.
- Analytical and numerical skills, and organizational abilities in banking, financial institutions, or international and multilateral organizations.
- Demonstrated team leadership in providing guidance on the delivery of outputs.
Qualification Requirements
A University degree in in Accounting, Finance, Business, or related fields, and with internationally recognized professional qualifications such as Certified Public Accountant/Chartered Accountant; preferably at the post-graduate level or its equivalent.
