Description
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a difference on 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
While the position of Senior Financial Control Assistant resides with the Trust Funds and Administrative Expense Division (CTFA) within the Controller's Department (CTL), you will be assigned to our CTL operational resilience team at Thailand Resident Mission office in Bangkok.
You will report to the designated Technical International staff.
Your Role
As a Senior Financial Control Assistant, you will undertake a variety of accounting and financial administration tasks related to non-sovereign loans; coordinate the activities of CTFA Administrative Expense section for payroll, pension, staff receivables and other related transactions; administrative expenses and claims processing; and provide support to ADB's Organizational Resilience and Business Continuity preparedness.
You will:
- Process non-sovereign disbursement requests under loan and grant funded projects following ADB's disbursement guidelines; make sure that the claims align with contract provisions, relevant financial covenants, applicable administrative orders/circulars, and established ADB practices.
- Prepare disbursement/payment, collection or journal vouchers or other relevant documentation and ensure the validity and propriety of the transactions and supporting documents adhere with appropriate accounting policies; and conduct fiduciary review of disbursement.
- Process salary, pensions, staff receivables and other related staff benefits including final pay of resigned staff, using Oracle Applications. Ensure compliance with all relevant ADB procedures; maintain appropriate, adequate and timely controls in the preparation of accounting data, processing of transactions and preparation of reports.
- Verify accounting system outputs and reports to ensure completeness and accuracy; initiate necessary action to correct any discrepancies, omissions or errors.
- Prepare monthly reconciliation and analysis of payroll and staff receivables account balances against General Ledger.
- Address routine employee queries on make-up of pay and deductions, referring non-routine matters to supervisor; update relevant records, documents and files.
- Participate in initiatives to enhance CTL's Organizational Resilience (OR) and Business Continuity (BC) preparedness.
- Prepare and revise the OR and BC plans under disruption, support the organization and implementation of regular training for CTL's key activities following the OR and BC plans, take part in quarterly testing and execution of OR and BC plans on selected business processes.
Qualifications
You will need:
- Bachelor's degree in Accounting, Business Administration, or Finance. A Certified Public Accountant or equivalent qualification.
- Good understanding of accounting policies and accounting standards and systems, general policies, procedures, guidelines and reporting requirements prevalent in multilateral institutions, and the application thereof.
- Minimum of 5 years accounting or auditing experience, working with computerized accounting systems in a large organization.
- Proficient with office suite software, and large accounting software (e.g. Oracle ERP, SAP) and in use of computer databases to input and extract information, and to generate standard and ad hoc financial reports.
- Analytical and systematic, strong numerical skills.
- Able to liaise and work with staff within own work location.
- Able to collaborate with teams as a constructive team member.
- Good command of written and spoken English.
- Please refer to the link for ADB Competency Framework for TL2.
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.
- Housing and education allowance (if applicable)
- 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 opening is a local staff position. It is open only to nationals and permanent residents of Thailand.
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
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 50 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under our Strategy 2030.
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.
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