Financial Management Specialist

Join Our Mission to Foster Prosperity in Asia. Are you ready to make a lasting impact 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

The position of Senior Public Sector Specialist is assigned to the Public Sector Management and Governance Sector Office within Sectors Department 3. SD3 aims to deliver impactful sector strategy, initiatives, and integrated solutions that advance ADB's strategic agenda in the region and with ADB's clients. SD3 which is comprised of three sector offices, supports or delivers sovereign, non-sovereign, and advisory operations; delivers knowledge services; supports regional departments (RD) and resident missions (RM) in engaging with developing member countries (DMCs); and ensures ADB's technical leadership externally and internally.

PSMG leads policy development and dialogue, knowledge management, project quality assurance, sector analytic work, and loan and technical assistance processing and administration in the public management, public finance, trade and governance sectors. You will be based at our Headquarters in Manila, Philippines. You will report to the Director, PSMG, and will supervise junior staff members.

Your Role As a Senior Public Sector Specialist, you will:

• Lead the formulation and articulation of public sector policy and strategies and public management issues, engage Developing Member Country (DMC) governments in policy dialogue, and undertake ADB's activities to support sector policy and reforms.
• Lead in identifying, developing, processing, implementing, and administering loans, grants, technical assistance (TA) projects, and provide relevant stakeholders with necessary technical support and knowledge for projects.
• Be designated to lead the portfolio management and be responsible for project reviews to ensure effective implementation, attainment of project and sector/subsector results, and development impact.
• Provide oversight and guidance to project teams, specifically in areas of project implementation and development effectiveness, in designing, and processing of loans, grants, TA projects.

You will:

• Lead the strategic and operational development of the PSMG sector covering all major aspects related to project identification, preparation, appraisal, and documentation on public sector management, including but not limited to domestic resource mobilization and debt management, public expenditure management, social security and pension reforms, domestic savings, state-owned enterprises management, digitalization of systems and processes, economic diversification, fiscal decentralization, public investment management, and generation of private resources for investment opportunities in consultation with relevant government agencies, and resident missions (RMs).
• Assist teams and colleagues in adapting to the cultural and business norms of diverse clients and country situations, and mentor colleagues in the design and delivery of policy-based programs and other projects.
• Lead in the dialogue with government officials and other stakeholders to improve public sector management and enhance government capacity while managing debt and creating more opportunities for private sector investment.
• Lead/ Support the development, processing and administration of loan and TA projects in public sector management for governments at all levels in ADB DMCs. In this regard, take the role of mission leader and supervise the work of mission members.
• Participate in country teams and provide or peer review inputs for Country Partnership Strategies (CPSs), Indicative Country Pipeline Monitoring (ICPM), and updates.
• Participate in interdepartmental working groups on public sector management issues.
• Coordinate with other sectors and departments within ADB for OneADB collaboration to improve development impact.
• Coordinate with other development partners and international agencies for operational synergies to improve assessments and development impact.
• Lead in the review of portfolio performance and preparation of initiatives to promote project quality and improve portfolio performance.
• Lead in providing guidance and advice in identification and implementation of actions items needed to resolve implementation issues and problems.
• Effectively handle closure of projects and completion processes and reports and conduct consultations with governments on results and lessons learned.
• Substantially contribute to activities for advocacy, training, dissemination and knowledge building around public sector management issues.
• Promote innovation and more effective ways for addressing key development constraints in ADB DMCs, including use of modern technology, cross-country learnings and best practices, and knowledge solutions.
• Supervise the performance of reporting staff, providing clear direction and regular monitoring and feedback on performance.
• Ensure the ongoing learning and development of reporting staff.

Qualifications You will need:

• Master's degree, or equivalent, in Economics, Finance, Public Policy or other related fields; University degree in Economics, Finance, Public Policy or other related fields and at least 5 years specialized experience relevant to the position can be considered.
• At least 10 years of relevant professional experience in public management, governance, institutional development or other related areas.
• International experience working in several countries.
• Broad experience in the preparation of projects and analysis of relevant policies, including knowledge on procurement and consultant recruitment.
• Demonstrated team leadership or managerial skills and experience leading professionals, teams, and missions for technical matters and projects processing/implementation.
• Significant expertise within a specific area of ADB's operations (economic, sector or thematic), or breadth across multiple areas with in-depth knowledge within one area.
• Excellent written and verbal communication skills in English.

Benefits ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.

• Paid leave (including parental)
• Medical and health benefits
• Life and other insurance plans
• Staff development
• Retirement plan
• Housing and education allowance (if applicable)
• Expatriate benefits

Additional Information This position has been created as part of the Workforce Rebalancing Framework, which is a multiyear initiative (2022-2027) aimed at increasing in-house expertise in key operational areas that was previously sourced from consultants through ADB's technical assistance. The goal is to strengthen in-house expertise to enhance the quality of ADB's policy dialogue, operations, and knowledge solutions delivery by collaborating closely with developing member country clients.

Expected candidates are seasoned experts in the advertised area(s) with strong field experience who can lead policy dialogue and project work with emphasis on providing knowledge solutions. Staff may undertake short-term assignments in other groups, departments or offices only when the expertise in the advertised area(s) is needed by those groups, departments or offices. This is a fixed term appointment with option to renew for an initial period of three (3) years following Section 3.1 (b) of Administrative Order No. 2.01 ("Recruitment and Appointment'). This appointment is not convertible to a regular appointment.

At the end of the initial period, this appointment may be renewed for a period of up to three years or not renewed. There is no limit on the number of renewals. This appointment is open to internal and external applicants.

Multiple positions at various levels may be filled from this opening.

Actual position title and level will be based on your qualifications, experience and job scope that will be assigned to the selected candidates.

Location

You will be based at our Headquarters in Manila, Philippines and may be assigned in one of ADB's resident mission.

About Us (For external) Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 49 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 its Strategy 2030. ADB only hires nationals of its 69 members. To view ADB Organizational Chart, please click here.

ADB seeks 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.