Financial Control Analyst / 261017

Asian Development Bank; Mandaluyong; On-site; PHP 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Retirement plan

Medical and health benefits

Paid leave

Life and other insurance plans

Job summary

Asian Development Bank seeks a Financial Control Analyst to join the Accounting Division in Manila. The role focuses on maintaining accounting records, internal controls, and generating financial reports for loans, guarantees, equity investments, and derivatives, in line with accepted accounting standards.

The position requires a CPA and at least 5 years of accounting experience, with knowledge of multinational policies and IT systems supporting financial products.

Qualifications

• Bachelor's degree in business administration, major in Accounting, with CPA qualification.
• At least 5 years of accounting experience with working knowledge of financial products of ADB.
• Demonstrated expertise in nonsovereign loans, equity investments, and guarantees.
• Knowledge of accounting policies, procedures, guidelines, and reporting requirements in multinational organizations.
• Proficient in IT systems for financial products, accounting, and financial reports used by multilateral banks.
• Experience collaborating in cross-cultural, diverse teams and in active team participation.
• Written and verbal proficiency in English.

Responsibilities

• Provide technical and analytical support for accounting functions; establish and maintain records and controls; prepare reports and statements.
• Prepare financial reports; maintain accounts for loans, guarantees, equity investments, and derivatives; ensure compliance with US GAAP.
• Analyze financial data, transactions, and reports for accuracy and policy compliance.
• Support financial analyses to monitor and report on the financial position of ADB's resources.
• Coordinate IT requirements with IT Department; propose enhancements and ensure system reliability.
• Develop and use IT solutions, including web-based tools and automation for accounting and client services.
• Maintain controls over billing, processing, and reporting of financial products; analyze valuation and performance.
• Monitor account balances; prepare reconciliations; investigate discrepancies; compile financial data for reporting.
• Provide information following established procedures; guide local staff on accounting for loan products.

Skills

Accounting knowledge

Financial reporting

Team collaboration

English proficiency

Education

Bachelor's degree in Accounting / Business Administration

CPA qualification

Tools

IT systems for financial products

Job description

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 Analyst is assigned to the Accounting Division within the Controller's Department. You will be based at our Headquarters in Manila, Philippines.

You will report to the designated international staff and officer.

Your Role

As a Financial Control Analyst, you will provide technical, and analytical support for the various accounting functions of ADB: establishing and maintaining accounting records and internal accounting controls; preparing accounting and other reports; and as relevant preparing financial statements and related reports.

You will:

Prepare financial reports; maintain accounts for loans, guarantees, equity investments, and derivatives; and ensure records and reports comply with US generally accepted accounting principles.

Help analyze financial data, transactions, and reports for accuracy, consistency, and compliance with policies and procedures.

Support financial analyses to monitor and report on the financial position of ADB's resources.

Review computer requirements for efficient operations; ensure system accuracy and reliability; propose enhancements; and coordinate work area needs with the Information Technology Department through the designated coordinating officer.

Help develop and use IT solutions, including web-based tools, models, and report automation, to enhance loan and treasury accounting and client/borrower services.

Maintain adequate controls over billing statements, transaction processing, and reporting for ADB's financial products; analyze their valuation and performance; and recommend improvements to ensure accurate, complete, and timely accounting in compliance with applicable policies, practices, and generally accepted accounting principles.

Monitor account balances for appropriate accounting treatment and receipt and reconciliation of statements and reports; prepare and verify reconciliations; help investigate discrepancies; and compile and review financial and accounting data for reporting.

Provide required information following established procedures.

Support the Officer and provide technical and procedural guidance to local staff on accounting and reporting for loan products.

Qualifications

You will need:

Bachelor's degree in business administration, major in Accounting; with Certified Public Accountant qualification.

At least 5 years of accounting experience with a working knowledge of financial products of ADB.

Demonstrated expertise in nonsovereign loans, equity investments, and guarantees.

Knowledge of accounting policies, procedures, guidelines, and reporting requirements commonly used in multinational organizations and multilateral institutions.

Proficient in IT Systems for financial products, accounting, financial reports commonly used by multilateral development banks.

Demonstrated experience collaborating in cross-cultural and diverse teams and ability to collaborate constructively as an active team participant.

Written and verbal proficiency in English.

Please refer to the link for ADB Competency Framework for TL3.

ADB offers a rewarding salary and a comprehensive benefits package . The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.

• Retirement plan (if applicable)
• Medical and health benefits
• Paid leave (including parental)
• Life and other insurance plans

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 Staff's particular blend of skills and experience in the foreseeable future; and (b) Staff's performance is satisfactory and they are suitable for further employment.

About Us

ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is headquartered in Manila

and owned by 69 members-50 from the region.

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.