Financial Control Analyst

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Description

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The position of Financial Control Analyst is assigned to the Loan and Treasury Accounting Section (CTAC-LTA) of the Accounting Division (CTAC) within the Controller’s Department. You will be based at our Headquarters in Manila, Philippines.

You will report to the designated International Staff and Officer.

As a Financial Control Analyst, you will provide technical support for accounting responsibilities of ADB to establish and maintain accounting records and internal accounting controls and prepare financial statements and accounting reports.

You will:

• Prepare financial reports; maintain books of accounts for loans, guarantees, equity investments and derivative products; and ensure that accounting records/reports consistent with the United States generally accepted accounting principles.
• Analyze financial data, transactions and reports for accuracy, consistency and compliance with policies and established procedures.
• Perform financial analysis to monitor and report the financial position of ADB’s resources.
• Identify system requirements for efficient operation; ensure the accuracy and reliability of systems; initiate change and propose enhancements to existing systems and coordinate the needs of the work area with Information Technology Department through the coordinating Officer of the team.
• Assist to develop IT solutions (i.e., web-based solution; models; report automation) to enhance loan and treasury accounting and client/borrower service function.
• Maintain controls in preparing billing statements for loan service payments, processing of transactions, and preparing financial reports for loans, guarantees, equity investments and associated derivatives; perform analysis required to monitor valuation and performance of ADB’s financial products; recommend improvements to ensure compliance with applicable policies and generally accepted accounting principles.
• Help monitor account balances to ensure accurate accounting treatments are applied and respective statements/reports are received and reconciled; prepare and verify reconciliation reports of accounts; help investigate discrepancies for review by supervising staff; compile and review financial and accounting data as basis for preparing reports.
• Coordinate required information following established procedures.
• Support the Financial Control Officer and provide technical and procedural guidance to other team members.
• Perform any other assignments as reflected in your workplan, including the preparation of internal and external correspondence for supervisors’ review.

Qualifications :

You will need:

• Bachelor’s degree in business administration, major in accounting; with Certified Public Accountant qualification.
• At least 5 years’ work experience in accounting, in a computerized environment.
• Proficiency with Microsoft Office applications, MS Word and MS Excel, and accounting/or products (loan/equity) related software, such as Loan IQ, Summit, Oracle ERP and PFMS, in common use in ADB and accounting related software.
• Experience with accounting policies, systems, guidelines, and reporting requirements prevalent in multinational organizations or multilateral institutions.
• Experience with ADB’s and multilateral development bank’s products such as loans, guarantees, equity investments, debt securities and associated derivatives. Knowledge of non-sovereign financial products.
• Experience with the interactions between different ADB work areas and workflows and their purpose.
• Detail-oriented and systematic, with advanced numerical abilities.
• Experience working cooperatively with colleagues in their immediate team and broader organizational departments.
• Work collaboratively in a multicultural environment.
• Excellent English speaking and writing skills.

Source: https://www.adb.org/careers/250444

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