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Senior Financial Management Specialist - Asian Development Bank - Manila, Philippines

Financial Management Unit, OSFMD, Operations Services and Financial Management Department

Closing Date: 20 March 2013 , 5:00 p.m. (1700 Manila Time, 0900 GMT)

Job Purpose:

Provide intellectual and operational input to the financial management (FM) function in ADB by providing (i) financial due diligence advisory services; (ii) use of country FM systems advisory services;(iii) financial structuring advisory services; and (iv) skills development for staff. Advise operations to ensure project compliance with ADB’s guidelines on financial management and analysis. Support and advise staff on assessment of DMC country financial management systems, and make recommendations for use in delivery of ADB operations. Lead the development of knowledge products and disseminate these through internal and external networks, training delivery and other knowledge management tools. Work within general policies, principles and goals, working directly with clients.

Expected Outcomes

a. Policies, Strategies and Frameworks
- Review and update ADB’s FM policies, administrative instructions, technical guidelines, and templates (i.e. the project administration manual).
- Review relevant other policies to ensure consistency from a financial management perspective.
- Assist in the preparation of bi-annual FM retrospective reviews for ADB Management assessing the design and implementation of FM due diligence for ADB loan and/or grant financed projects.
- Coordinate the preparation of reports to Management and the Board on the status of project performance reporting, including FM indicators.
b. Operational Advice and Support
- Advise operations departments on compliance with FM policies, administrative instructions, and technical guidelines in project design, processing and implementation.
- Advise on financial risks to inform the country partnership strategy and the design and implementation of projects and identify appropriate risk mitigation measures.
- Provide technical advice to operations departments on project financial risk assessment, financial analysis, and financial management assessment, and identification of areas for capacity development and appropriate risk mitigation measures, to ensure project financial viability and sustainability.
- Provide technical advice to operations departments on country/sector FM system assessments and the appropriate use of such systems, including identification of areas for capacity development and appropriate risk mitigation measures.
- Support operations in conducting dialogue with government officials on ADB’s FM policies and procedures.
- Support operations in conducting dialogue with government officials on country-led FM policy and reforms.
- Work with project teams to develop financial structures for sensitive and complex projects, proposing innovative solutions as appropriate.
c. Knowledge Generation and Sharing
- Develop FM knowledge products including sector/thematic studies and assessments, good practice examples, guidelines, and checklists.
- In cooperation with Budget, Personnel and Management System Department, assist in the design and delivery of FM training programs in areas of financial risk assessment, financial analysis, financial management assessment, use of country FM systems, and project supervision and administration.
Lead the development and maintenance of databases and websites containing relevant information on ADB’s FM knowledge products and activities.
d. Staff Supervision
- Supervise the performance of teams and individuals, providing clear direction and regular monitoring and feedback on performance.
- Provide coaching and mentoring to teams and individuals and ensure their ongoing learning and development.

Educational Requirements:

Master’s Degree, or equivalent, in Business, Finance, Commerce, or related fields, with a professional designation in Accounting (e.g. CPA, CA); University degree in business, Finance, Commerce or related fields, combined with specialized experience in similar organization/s, may be considered in lieu of a Master’s degree.

Relevant Experience And Other Requirements:

- Suitability to undertake the responsibilities mentioned above at the required level
- At least 10 years of relevant professional experience in private sector or public sector financial management (i.e. accounting, budgeting, auditing), or related area
- Excellent in project and/or structured finance and/or multilateral development banking preferred
- Excellent oral and written communication skills in English
- International experience working in development in several countries

Core Competencies:

Application of Technical Knowledge and Skills
  • Provides supervision to others in completing their technical tasks
  • Called upon for advice and guidance based on expertise gained by working in different countries and organizations
  • Contributes advanced knowledge and expertise to different parts of the Department
Client Orientation
  • Proposes effective services and solutions to staff beyond presenting issues and past challenges
  • Assists colleagues adapt to the cultural and business norms of diverse clients and country situations
  • Gains respect for the breadth and depth of expertise demonstrated in effectively managing diverse clients and country situations
  • Called upon to resolve client situations that may impact their long-term ADB relationship

Achieving Results and Problem Solving
  • Resolves situations where client needs are not being met
  • Shares past experiences from different projects, organizations, and countries to help achieve quality results
  • Ensures that thorough analysis includes current and relevant factors from different countries and contexts
  • Sought out for guidance and experience in overcoming the most challenging situations
  • Draws on long-term relationships with stakeholders to help plan for and achieve results

Working Together
  • Addresses team members not contributing to required standards
  • Commits to delivering timely and high quality work to assist in the team’s success
  • Develops and maintains good internal and external peer and senior level relationships
  • Helps teams understand common features to build rapport and overcome challenges

Communication and Knowledge Sharing
  • Provides stakeholders with the level and quality of information required to achieve outcomes
  • Encourages others to seek long-term solutions to address feedback opposed to focusing on immediate concerns or reactions
  • Uses breath of multi-country and multi-client knowledge to equip clients and staff for more effective outcomes
  • Designs and implements project and program knowledge and services
Innovation and Change
  • Consistently seeks more effective and practical ways for the Departmental delivery of services, products, and processes
  • Proposes new ways to improve the quality and relevance of products and services
  • Includes the core benefits and reasons for change when developing comprehensive change roll out plans
  • Influences and persuades decision makers by presenting business cases supporting the proposed changes

Immediate Reporting Relationships / Other Information:

  • Supervisor: Senior Advisor (Financial Management), OSFM
  • The following staff positions may be supervised by the incumbent:
    • Administrative Staff
    • National Staff
Women are encouraged to apply.

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