Reference # ADB-HR-13-0696
Position Title: Financial Control Officer
Department Controller's Department
Division Loan and Treasury Accounting Section
Location Manila, Philippines
Recruitment Type National and Administrative
Date Posted 29 October 2013
Closing Date 13 November 2013 , 5:00 p.m.
(1700 Manila Time, 0900 GMT)
Job Purpose:
Establishes and maintains sound
accounting/internal controls and records; ensures quality of work of assigned
team members in the preparation of financial statements and other reports;
assists in administrative matters and ensures that the work area objectives are
accomplished timely and effectively.
Expected Outcomes
Financial Statements and Report
Preparation
Reviews and analyzes data,
transactions and reports for accuracy, consistency and compliance with policies
and established procedures; ensures quality of work of assigned team members in
the preparation and consolidation of financial and other reports; reviews the draft
and compiles all relevant schedules and statistics; ensures accounting reports
are in accordance with generally accepted accounting principles.
Plans, organizes, reviews and
ensures quality of work of assigned team members in processing and recording
data; assist in preparing reports and completes work timely and in conformity
with policies, practices and procedures. Provides technical and procedural
guidelines to assigned team members.
System Requirements
Contribute actively to reviewing
and analyzing IT requirements for effective and efficient operation;
coordinates with IT areas to support the accuracy and reliability of systems;
initiates changes and revisions to existing systems and coordinates the needs
of the work area with IT staff through the coordinating officer in charge.
Administrative Work
Performs administrative functions
as requested by supervisors; participates in procedural and organizational
review and makes recommendations as appropriate; participates in the
formulation of the Section's goals and objectives and the related plans and
programs.
Accounting Controls and
Processing
Plans and develops appropriate,
adequate and timely controls in the preparation of accounting data, processing
of transactions and in the preparation of reports; recommends changes and
improvements as required to ensure correct, complete and timely accounting in
compliance with applicable policies, practices, and generally accepted
accounting principles, as appropriate.
Participates in the study and
implementation of accounting standards and principles introduced by
authoritative Accounting Bodies, and any relevant changes introduced by the
Bank that may have an impact on accounting.
Monitors all accounts subject to
reconciliation, ensuring all statements/reports are received and reconciled on
a timely basis; prepares and verifies, as appropriate, reconciliation reports
for review by supervising staff including analysis of reconciling items;
compiles, analyzes and reviews financial and accounting data as a basis for the
preparation of reports; critically reviews the accuracy, consistency and
propriety of supporting documentation for all claims, payments and other
accounting transactions in compliance with accounting practices, established
procedures and guidelines.
Client Relations
Coordinates and provides required
information in accordance with established procedures, in a tactful manner.
Others
Performs any other assignments as
required, including assisting in preparing draft memoranda and external
correspondence for supervisors' review.
Educational Requirements:
Bachelor's degree in business administration,
major in Accounting; Certified Public Accountant; preferably with advanced
training.
Relevant Experience And Other
Requirements:
Suitability to undertake the
responsibilities mentioned above at the required level.
At least 8 years experience in
accounting in a supervisory capacity preferably in a computerized environment
from large financial institution, and at least 2 years of supervisory
experience.
Proven supervisory and
interpersonal skills with ability to provide feedback to subordinates.
Proficient with IT System for
financial products, accounting and financial reports commonly use at the Bank,
and in the use of computer databases to input and extract information, and to
generate standard and ad hoc reports.
Good understanding of Bank
accounting policies, practices and systems and Bank wide policies, procedures,
guidelines and reporting requirements for lending and treasury operations.
Good understanding of ADB’s
financial products.
Excellent oral and written skills
in English.
In-depth understanding of the
interactions between different work areas and relevant work flows and their
purpose, as well as business knowledge of relevant areas so as to enable
accounting concepts to be applied appropriately.
Analytical, systematic and with
strong numerical ability and attention to details.
Ability to plan and coordinate
schedules in order to meet deadlines.
Core Competencies:
Application of Technical
Knowledge and Skills
- Applies updated advancements in own knowledge area to relevant tasks
- Applies knowledge and practical skills to independently perform some complex tasks
- Conveys the need to use updated project approaches
Client Orientation
- Delivers Divisional contributions across a variety of products and services to meet the needs of different clients
- Proposes options to clients that may better meet their needs than current approaches
- Defines and delivers to agreed standards with clients
Achieving Results and Problem
Solving
- Conducts detailed research and analysis to determine appropriate methods for addressing the causes of issues
- Self-monitors achievement of results according to work plans
- Identifies different stakeholder needs and desired outcomes when planning for outcomes
- Independently solves problems and makes recommendations
Working Together
- Maintains collaborative relationships within the Department
- Works effectively with diverse colleagues in own and other Divisions and Departments
- Flexibly alters positions and adjusts previously stated points of view to support the group consensus
- Follows through on team priorities in the absence of a team leader
Communication and Knowledge
Sharing
- Checks with audience’s level of understanding and awareness of required follow up actions
- Consistently seeks and addresses feedback on own performance
- Creates knowledge products endorsed for wider distribution
- Independently amends and clarifies messages and documents
Innovation and Change
- Actively supports work improvement and/or organizational change by work and deed
- Develops and adopts change plans to support Division initiatives on which one works
- Considers current and future client needs in proposing ideas
- Vocalizes early support for change
- Recommends inputs to new policies, systems and processes in immediate work area
Immediate Reporting
Relationships / Other Information:
- Supervisor: Designated International Staff (IS) and senior National Staff (NS)
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