Overview
The role supports and leads in providing technical guidance, knowledge sharing, and capacity building for the department's project financial management and financial due diligence function to ensure high standards for ADB's overall financial management performance.
Key Responsibilities
- Provide technical guidance, information, analysis and advice on financial management and FDD issues in sovereign operational activities.
- Support the continuous development of financial management guidelines and procedures.
- Advise sovereign operations teams and Resident Missions in the development of strategies for financial management.
- Propose areas for streamlining/automation to support ADB's digitalization agenda.
- Provide technical guidance as member of sovereign operations' project teams on financial due diligence.
- Support or lead the conduct of financial management assessments of EAs and IAs.
- Support the preparation and agreement of cost estimates and a financing plan.
- Support/lead the preparation of financial projections and conducting financial analyses.
- Support/lead the conduct of financial evaluations.
- Propose mitigation measures to be incorporated in financial covenants.
- Assess and reach an agreement on financial reporting, auditing and public disclosure arrangements.
- Respond to financial management issues during management and staff review meetings.
- Participate in project preparation and review missions responsible for financial issues.
- Conduct /supervise the review of APFS/AEFS for sovereign projects.
- Ensure compliance with ADB's financial management and audit requirements.
- Ensure quality control of financial management inputs in operational and non-operational documents.
- Ensure quality control of sovereign operations' reports, briefings and presentations.
- Assess, design and implement financial management capacity building programs.
- Undertake knowledge sharing activities and regular communications with counterparts.
- Participate in meetings of the Multilateral Development Banks' Heads of Financial Management forum, forums of development partners with the International Federation of Accountants and the International Organization for Supreme Audit Institutions.
- Oversee the performance of reporting staff and ensure ongoing learning and development.
Required Experience
- At least 10 years of relevant professional experience in private sector or public sector financial management (i.e., accounting, budgeting, auditing), or related areas.
- International experience working in several countries, across ADB's DMCs is preferred.
- Recognized expertise in the field, with experience leading projects and sharing relevant knowledge.
Qualifications
- Master's Degree, or equivalent, in Business, Finance, Commerce, or related fields; or University degree in Business, Finance, commerce or related fields, combined with at least 5 years specialized experience relevant to the position in similar organization/s, may be considered in lieu of a Master's degree.
- Professional qualification in accounting (e.g., CPA, CA, ACCA) from an internationally recognized institution (e.g., IFAC) is mandatory.
- A CFA qualification is desirable.
