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 Financing Partnerships Officer is assigned to the Green Finance Hub (SGFH) within the Southeast Asia Regional Department (SERD). You will be based at our Headquarters in Manila, Philippines. You will report to designated International staff and may supervise Administrative staff.
Your Role
As a Senior Financing Partnerships Officer, you will lead financial analysis related to fiduciary functions within the Funds and Partnerships subunit of the SGFH. This position involves managing the financial position and reporting for several funds administered by SERD, including the ASEAN Catalytic Green Finance Facility (ACGF) trust funds and the ASEAN Infrastructure Fund (AIF). The role requires close collaboration with ADB management and relevant departments to ensure appropriate governance and administration of fund resources, operating costs, and fees.
You will:
Cost Center Administration:
Financial Analysis and Reporting:
Support SGFH’s accounting functions to ensure funding availability for specific activities, including staffing costs and consultancy. Provide substantial input to the Funds and Partnerships subunit to track and monitor funds transferred from partners to ADB and subsequent allocations to projects and activities. Support the annual budget exercise by creating budget proposals and projections. Coordinate with relevant departments to facilitate budget tasks. Develop financial projections for ACGF trust funds and the AIF by building and maintaining financial models. Determine scenarios based on operational and economic considerations, liaising with Treasury and other departments as needed. Present financial analyses to relevant ADB management and interdepartmental working groups.
Communications, Partnerships, and External Relations:
Manage day-to-day communication and administrative coordination between the SGFH and other ADB departments, especially with the Controller’s Department (CTL) and Budget, People, and Management Systems Department (BPSMD), regarding fund administration fees and staffing costs. Support the SGFH's responsibilities towards external partners, including the fulfillment of reporting requirements for ACGF donors and AIF shareholders. Advise on fee management, usage, and availability in relation to ACGF and AIF operations, in collaboration with CTL and other internal departments.You will need:
Bachelor’s degree in accounting, financial management, or relevant fields, preferably with Master's degree or equivalent. At least 8 years of relevant professional experience in budget management, forecasting, with fiduciary responsibility; and at least 4 years of supervisory experience. Experience of building and maintaining financial models, including projections and scenario analysis. Experience working with an ADB donor agency and or grant funded program, in a position with fiduciary responsibility. Familiarity with a multilateral institution’s policies and procedures. Strong analytical and detail-oriented skills related to funds and accounts management, and multidisciplinary skills. Excellent interpersonal and communication skills and ability to work with individuals from different cultural/national backgrounds. Excellent understanding and technical IT skills relating to accounting. Written and verbal proficiency in English Please refer to the link Please refer to the link for ADB Competency Framework for NS3 and NS4
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 (for international staff)
Additional Information
This is a fixed term appointment with option to renew for an initial period of 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. It may be extended on an exceptional basis for a further fixed period at the option of ADB. This appointment is open to internal and external applicants.
This position is funded by a temporary funding source (e.g., a trust fund, financing facility, or capital expenditure budget) and therefore, the renewal of the appointment and its duration are subject to the availability of the funding source.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 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 68 members.
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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.
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This vacancy is archived.