Overview
The Senior Financial Management Specialist will provide technical guidance and advice on financial management and financial due diligence for sovereign operational activities, supporting the department's project financial management performance.
Key Responsibilities
- Provide technical guidance, information, analysis and advice on financial management and FDD issues in sovereign operational activities.
- Support the continuous development and implementation of financial management guidelines and procedures.
- Advise sovereign operations teams and Resident Missions (RMs) in the development of strategies for financial management.
- Propose areas for streamlining/automation to support ADB's digitalization agenda.
- Provide technical guidance as member of sovereign operations' project teams on financial due diligence work.
- Support or lead financial management assessments of executing and implementing agencies.
- Support the preparation and agreement of cost estimates and financing plan.
- Support or lead the preparation of financial projections and conducting financial analyses.
- Support/lead the conduct of financial evaluations.
- Propose mitigation measures to be incorporated in financial covenants.
- Assess and reach an agreement on financial reporting, auditing and public disclosure arrangements.
- Respond to financial management issues during management and staff review meetings.
- Participate in project preparation and review missions responsible for financial issues.
- Conduct /supervise the review of APFS/AEFS for sovereign projects.
- Ensure compliance with ADB's financial management and audit requirements.
- Ensure quality control of financial management inputs, reports, briefings, presentations, and operational and non-operational documents.
- Assess, design and implement financial management capacity building programs.
- Undertake knowledge sharing activities and regular communications.
- Participate in meetings of the Multilateral Development Banks' Heads of Financial Management forum.
- Oversee the performance of reporting staff and ensure ongoing learning and development.
Required Experience
- At least 10 years of relevant professional experience in private or public sector financial management or related area with international experience working in several countries, across ADB's DMCs is preferred.
- Expertise in the field, with experience leading projects and sharing relevant knowledge.
- Experience mentoring team members, providing guidance on delivery of services.
Qualifications
- Master's degree in Business, Finance, Commerce, or a related field; or University degree and at least 5 years of specialized experience relevant to the position may be considered.
- Professional accounting qualification from an internationally recognized institution affiliated with IFAC is required.
