Financial Control Analyst

Job Posting Organization:
The Asian Development Bank (ADB) is a prominent multilateral development bank established in 1966, headquartered in Manila, Philippines. ADB is dedicated to fostering inclusive, resilient, and sustainable growth across Asia and the Pacific. With a membership of 69 countries, including 50 from the Asia-Pacific region, ADB collaborates with its members and partners to address complex challenges through innovative financial tools and strategic partnerships. The organization aims to alleviate poverty and promote sustainable development, ensuring that everyone is treated with respect and provided equal opportunities in an inclusive work environment. ADB encourages diversity and actively seeks to hire qualified candidates from various backgrounds, including women, to enhance its workforce.

Job Overview:
The Financial Control Analyst position is integral to the Trust Fund and Administrative Expense Division (CTFA) or the administration" style="border-bottom: 1px dotted #007bff !important;">Loan Administration Division (CTLA) within the Controllers Department (CTL) of ADB. This role is based at the Thailand Resident Mission in Bangkok and involves reporting to designated Technical International staff and officers. The primary responsibilities include managing accounting and financial administration tasks related to disbursement for ADB's technical assistance claims and administrative expense transactions. The analyst will ensure compliance with fiduciary and internal financial control standards while supporting ADB's Organizational Resilience (OR) and Business Continuity preparedness. The role requires a proactive approach to processing transactions, verifying eligibility and accuracy, and preparing management reports. The Financial Control Analyst will also participate in enhancing IT systems for Business Travel and contribute to the development and implementation of the OR plan, ensuring that ADB's operations remain resilient during disruptions.

Duties and Responsibilities:
The Financial Control Analyst will undertake a comprehensive range of duties, including but not limited to: supporting the processing of administrative expense and technical assistance transactions by verifying their eligibility and accuracy; ensuring compliance with ADB policies and contract terms; reviewing travel accounts data for consistency and propriety; performing financial data analysis and preparing management reports; participating in the development and enhancement of IT systems for Business Travel; processing TA claims disbursement and liquidation vouchers for consultants and contractors; ensuring compliance with contract provisions and ADB policies; collaborating effectively within cross-cultural teams; processing transactions to ensure validity and adherence to accounting policies; assisting in the preparation and revision of the OR plan; organizing and implementing training for CTL's activities following the OR plan; and participating in OR simulations and exercises in collaboration with various ADB divisions and departments.

Required Qualifications:
Candidates must possess a Bachelor's degree in Accounting, Business Administration, or Finance. A Certified Public Accountant (CPA) or equivalent designation is preferred. Extensive knowledge of accounting standards, systems, and reporting requirements prevalent in international institutions is essential. Candidates should have at least 5 years of accounting or auditing experience, particularly with computerized accounting systems in large organizations. Proficiency in ADB standard software and similar programs used by multilateral development banks, such as Oracle ERP and SAP, is required. An in-depth understanding of relevant clerical procedures and guidelines is crucial, along with strong analytical and numerical skills. Experience in collaborating within diverse teams and the ability to work constructively as an active team participant are also necessary.

Educational Background:
The educational background required for this position includes a Bachelor's degree in a relevant field such as Accounting, Business Administration, or Finance. A Certified Public Accountant (CPA) designation or an equivalent qualification is highly preferred, indicating a strong foundation in accounting principles and practices.

Experience:
The position requires a minimum of 5 years of relevant experience in accounting or auditing, particularly in environments utilizing computerized accounting systems. Candidates should have a proven track record of working in large organizations, demonstrating their ability to manage complex financial transactions and reporting requirements effectively.

Languages:
Proficiency in English, both written and verbal, is mandatory for this position. This is essential for effective communication within the organization and with external stakeholders. Additional language skills may be considered an asset but are not explicitly required.

Additional Notes:
This appointment is open to both internal and external applicants and is classified as a local staff position, specifically for nationals and permanent residents of Thailand. The role is a fixed-term appointment with the possibility of renewal, initially for a period of up to 3 years or until the Normal Retirement Date (NRD), whichever comes first. ADB may choose to renew the appointment based on various factors, including the staff's performance and the organization's needs. There is no limit to the number of renewals up to NRD, but this appointment is not convertible to a regular appointment. Multiple positions at various grades may be filled from this opening, and the actual position title and grade will depend on the qualifications and experience of the selected applicants.