Strategic Budget and Finance Expert

4 days ago

Manila, National Capital Region, Philippines Asian Development Bank Full time

The Asian Development Bank (ADB) is a leading international development finance institution, committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific. As a Senior Budget and Management Services Specialist, you will play a crucial role in shaping the bank's financial strategy and ensuring effective budget management.

Key Responsibilities:

  • Lead the preparation of annual budget documents and supporting materials
  • Review and coordinate with departments on their annual budget, including reallocating resources, and prepare analytical reports on certain expense line items
  • Monitor budget utilization levels of assigned departments and recommend corrective action, if necessary, to ensure effective budget utilization
  • Review Capital and Information Technology budget implementation, including high-risk transactions and related procurement arrangements
  • Address ad hoc requests from departments and offices with budget implications
  • Identify opportunities for better resource utilization towards cost effectiveness and efficiency gains
  • Contribute to the preparation of background papers and materials relating to annual budget and the WPBF, briefings to Management, and for the Budget Review Committee
  • Contribute to the review of policy and strategy papers under preparation or revision and assess resource implications
  • Review and recommend any changes to budget and cost information systems, policies, and procedures to promote timeliness, accuracy, and efficiency in generating budget-related data
  • Undertake or contribute substantially to the implementation of special projects for process and systems improvements

Requirements:

  • Masters degree in Business Administration, Accounting, Finance, Economics, Management, or relevant fields. Alternatively, university degree in related fields and at least 5 years specialized experience relevant to the position can be considered
  • At least 10 years of broad-based experience and knowledge in accounting, financial management, and administration, international working experience in several countries. Experience with large IT project budgeting and/or procurement processes is an advantage
  • Proven application of expertise within a specific area, or breadth across multiple areas with in-depth knowledge within one area
  • Ability to utilize and share relevant knowledge to benefit the broader ADB community
  • Act as a coach to develop capabilities/potential of more junior colleagues
  • Ability to act as a team leader when required with supervision from the Director
  • Excellent oral and written communication skills in English
  • Experience in multilateral development organizations preferred
  • International experience working in several countries

Compensation and Benefits:

  • A competitive salary range of $120,000 - $180,000 per annum, depending on 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 (for international staff)

About Us:

The Asian Development Bank is headquartered in Manila, Philippines, and is composed of 69 members, 49 of which are from the Asia and Pacific region. We combine finance, knowledge, and partnerships to fulfill our expanded vision under our Strategy 2030. Our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.

We seek candidates who:

  • Share our commitment to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific
  • Have strong leadership and management skills
  • Can communicate effectively in English
  • Are willing to work collaboratively in a diverse team environment

Please note that ADB only hires nationals of its 69 member countries.

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