Financial Control Assistant
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Job Location:
Manila - Philippines
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a difference in 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 Control Assistant is assigned to the Technical Assistance Section (CTLA-TA) of the Loan Administration Division (CTLA) within the Controllers Department (CTL). You will be based at our Headquarters in Manila Philippines.
You will report to designated International Staff and Officer.
Your Role
As a Financial Control Assistant you will process claims including applications for liquidations monitor contracts and budgets prepare payment vouchers and reconcile technical assistance advances and accounts for projects funded by ADB and donor grants.
You will:
Process claims including liquidations for payment of consultants contractors and other service providers under technical assistance (TA) grant project financed by ADB and donors TA grants or trust funds. Check that the claims/billings submitted observe contract provisions relevant financial covenants applicable administrative orders/circulars and established ADB policies and guidelines.
Review consultants contracts to monitor cost estimates contract variations actual disbursements by budget line items and prepare status of consultants contracts for information of supervisor.
Process transactions through the preparation of disbursement or journal vouchers or other relevant payment documentation.
Keep track of advances and liquidations; clear matched items; and prepare monthly reports on outstanding advances and items not reconciled.
Assist and collaborate on other areas of the division if required to respond to urgent and priority matters.
Contribute to innovation projects and perform other tasks as assigned and reflected in your workplan.
You will need:
Bachelors degree in business administration accounting finance preferably a Certified Public Accountant (CPA).
At least 5 years work experience in disbursement operations project administration auditing or accounting in financial institutions.
Experience with accounting practices and systems and general policies procedures guidelines and reporting requirements prevalent in a multilateral institution.
Knowledge of internal control concepts and business processes to help maintain sound internal controls and assess risks related to financial reporting.
Demonstrated experience collaborating in cross-cultural and diverse teams to build mutual understanding and achieve shared goals.
Proficiency in ADB standard and similar software programs used by multilateral development banks.
Written and verbal proficiency in English.
Please refer to thelinkfor ADB Competency Framework for TL1.
Benefits
ADB offers a rewarding salary and a comprehensivebenefits package. The salary will be based on ADBs standards and comparator markets taking into account your qualifications and experience.
Retirement plan
Medical and health benefits
Paid leave (including parental)
Life and other insurance plans
Staff development
Additional Information
This appointment is open to internal and external applicants.
This is a fixed-term appointment for an initial fixed period of 3 years. At the end of the initial period this appointment may at the option of ADB be extended once for up to 2 years converted to a regular appointment or ended on its expiration date. This decision will be made in the overall interest of ADB that: (a) it will require Staffs particular blend of skills and experience in the foreseeable future; and (b) Staffs performance is satisfactory and they are suitable for further employment.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila Philippines and is composed of 69 members 50 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 our Strategy 2030.
ADB only hires nationals of its 69 members.
To view ADB Organizational Chart please click here.
ADB wants 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.
Visit ADB Careers FAQ for more information.
#LI-Onsite
Required Experience:
Junior IC
Key Skills
- Financial Services
- Financial Models
- Account Management
- General Ledger Accounts
- ERP
- Payroll
- External Auditors
- Customer Relationships
- Credit Card
- Financial Statements
- Business Units
- Annual Budget
- Income
- New Clients
- Financial Management
About Company
The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants, and equ ... View more
