Financial Control Officer

Asian Development Bank (ADB)

Mandaluyong

On-site

PHP 5,743,000 - 7,658,000

Full time

2 days ago
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Benefits offered by this job

Retirement plan
Medical and health benefits
Paid leave (including parental)
Life and other insurance plans
Staff development

Job summary

Asian Development Bank (ADB) invites you to join as Financial Control Officer in the Loan Administration Division. You will manage disbursement for sovereign investment projects, ensure compliance with LDH, review SOEs, and provide analysis to resolve complex issues while building capacity in Executing Agencies.

This regional position is outposted to the South Pacific Subregional Office in Suva, Fiji, offering a fixed-term appointment with potential renewal and a local remuneration package.

Qualifications

  • Bachelor's degree in Accounting, Business Administration, or Finance and CPA membership.
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Job description

Job Description - Financial Control Officer (26052)

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 Officer is assigned to the Loan and Grant Disbursement Section (CTLA-LGD) of the Loan Administration Division (CTLA) within the Controller's Department (CTL). You will be outposted to the South Pacific Subregional Office in Suva, Fiji.

You will report to the designated International staff.

Your Role

As a Financial Control Officer, you will manage disbursement for ADB's sovereign investment projects following ADB policies. Your role includes handling specialized tasks related to the division's disbursement and fiduciary control responsibilities. You will also perform activities to support ADB's Organizational Resilience (OR).

You will:
  • Verify the processing of withdrawal applications for ADB sovereign loan, grant and cofinancing projects in Pacific countries financed by ADB for final approval by supervisor.
  • Review and verify applications to ensure expenditure eligibility, accuracy and completeness of all required documentation.
  • Ensure compliance with disbursement related policies, lending agreements, Loan Disbursement Handbook (LDH) and the service level standards.
  • Oversee monitoring of project advance account usage and turnover ratios for compliance with LDH requirements.
  • Verify review of project expenditures claimed through Statement of Expenditure (SOE) and other simplified documentation procedures, assessing risk, and checking relevant evidence with a statistical sampling method.
  • Provide analysis and solution on complex disbursement issues. Provide capacity building for Executing/Implementing Agencies on disbursement procedures.
  • Contribute to improve business processes. Provide suggestions for enhancements, take part in user acceptance testing.
  • Review and provide inputs on disbursement related matters for changes in project (e.g. changes in disbursement arrangements, reallocations, changes in disbursement percentages) for supervisor's review.
  • Learn and comply with the division's OR plan.
You will need:
  • A Bachelor's degree in Accounting, Business Administration, or Finance; a Certified Public Accountant (CPA) full or associate membership, or equivalent; and preferably with advanced training.
  • At least 8 years of banking, auditing, accounting, or disbursement operations experience including practical knowledge of financial systems used by financial institutions or financial instruments.
  • Working knowledge of international banking transactions.
  • Demonstrated expertise in internal control concepts and business processes to help maintain sound internal controls and assess risks related to financial reporting.
  • Proficiency in software programs and large-scale IT systems used by international banks or multilateral development banks.
  • Written and verbal proficiency in English.
  • Demonstrated experience collaborating in cross-cultural and diverse teams and ability to collaborate constructively as an active team participant.
  • Please refer to the link for ADB Competency Framework for TL5.
Benefits

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
  • 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 vacancy is a regional staff position with local remuneration package. It is open to nationals and permanent residents residing in the duty station, Fiji Islands, and ADB member countries in the Pacific region such as Australia, Cook Islands, the Federated States of Micronesia, Kiribati, Papua New Guinea, the Republic of the Marshall Islands, Nauru, Niue, New Zealand, Palau, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu.

This is a fixed term appointment with option to renew, initially for a period of up to 3 years, or up to the Normal Retirement Date (NRD), whichever comes earlier, for the purpose(s) and conditions determined by ADB, in accordance with Administrative Order No. 2.01 (Recruitment and Appointment). After the initial fixed-term period, ADB may choose to renew the appointment for up to an additional 3 years or not renewed. This decision will be made in the overall interest of ADB, based on factors including but not limited to the requirement of Staff’s particular blend of skills and experience for the medium-term work program of the organizational unit, sufficient funding to cover the renewed period, and Staff’s performance and suitability for employment. There is no limit to the number of renewals up to NRD. However, this appointment is not convertible to a regular appointment.

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.

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

:Pacific Subregional Office in Suva, Fiji-Fiji-Suva

Department:Controller's Department

Division:Loan Administration Division

Unit:Loan and Grant Disbursement Section

Staff Category:Technical Local - Field Office

Position Level:TL5

:12-Nov-2026, 6:18:01 AM

:26-Nov-2026, 3:59:00 PM

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