Senior Financial Management Specialist
Job Vacancy | Monday, March 16, 2026
| Reference Number | 260010 |
|---|---|
| Position Grade | TI2 |
| Department | Procurement, Portfolio and Financial Management Department |
| Division | Financial Management Division |
| Location | Pacific Subregional Office in Suva, Fiji |
| Date Posted | Monday, March 16, 2026 |
| Closing Date | Monday, March 30, 2026 11:59 p.m. (2359 Manila Time, 0800 GMT) |
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a difference in 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 Financial Management Officer is assigned to the Financial Management Division (PFFM) within the Procurement, Portfolio, and Financial Management Department (PPFD). You will be outposted to our Resident Mission Office in Suva, Fiji for an initial assignment of three years. After this period, subject to business needs, the role may be assigned at our Headquarters in Manila, Philippines or at another resident mission office. Relocation is required. All reasonable relocation expenses will be covered.
You will report to Director, PFFM and Regional or Country Director and will oversee Junior staff members.
Your Role
As a Senior Financial Management Specialist, you will support and take the lead in providing technical guidance and advice, knowledge sharing and capacity building to support the department's project financial management and financial due diligence (FDD) function to ensure high standards for the ADB's overall financial management performance.
You will:
- Provide technical guidance, information, analysis and advice on financial management and FDD issues in sovereign operational activities following relevant ADB policies and instructions.
- Support the continuous development of financial management guidelines and procedures consistent with ADB's guidelines. These guidelines and procedures are for reviewing Audited Project Financial Statements and Audited Entity Financial Statements (APFS/AEFS), and for monitoring and quality improvement.
- Advise sovereign operations teams and Resident Missions (RMs) in the development of strategies for financial management in the relevant developing member countries (DMCs).
- Propose areas for streamlining/automation, in particular to support ADB's digitalization agenda for implementation both in ADB's internal operations and for ADB's borrowers and executing agencies (EAs).
- Provide technical guidance as member of sovereign operations' project teams on financial due diligence, with responsibilities to:
- Support or lead the conduct of financial management assessments of EAs and implementing agencies (IAs). These assessments include several key components: They assess whether previous financial management assessments have been conducted by ADB or other agencies, and if so, review the results and ascertain whether these can be used as input. They assess capacity for planning and budgeting, management and financial accounting, reporting, auditing, internal controls, and information systems. They review proposed disbursement and funds-flow arrangements. Finally, they conclude on the financial management risk rating and identify and confirm measures for addressing identified deficiencies.
- Support the preparation and agreement of cost estimates and a financing plan, which are based on verifiable data and to support project implementation;
- Support/lead the preparation of financial projections and conducting financial analyses of the executing and implementing agencies, and incremental recurrent costs, to determine financial sustainability, and reviewing proposed cost-recovery and tariff policies, including affordability;
- Support/lead the conduct of financial evaluations (financial cost-benefit analyses) including sensitivity analyses of project components that have a full cost-recovery objective to assess project financial viability;
- Propose mitigation measures to be incorporated in financial covenants when risks are identified to project or entity financial sustainability or viability; and
- Assess and reach an agreement on financial reporting, auditing and public disclosure arrangements for the project, and identifying and agreeing arrangements for receiving financial statements from EAs and IAs.
- Respond to financial management issues during management and staff review meetings.
- Participate in project preparation and review missions responsible for financial issues in the processing and implementation of projects and help resolve problems.
- Conduct /supervise the review of APFS/AEFS for sovereign projects following the internal review process; provide guidance on quality issues in APFS/AEFS and project implementation matters disclosed in the reports.
- Ensure compliance with ADB's financial management and audit requirements by reviewing, validating, monitoring, and evaluating implementation status of audit recommendations.
- Ensure quality control of financial management inputs in the operational and non-operational documents, and of project documents about financial management.
- Ensure quality control of sovereign operations' reports, briefings and presentations on APFS, AEFS and other financial management related matters.
- Assess, design and implement stand-alone and technical assistance related financial management capacity building programs for borrowers, EAs and IAs, supreme audit institutions, private sector auditors, and financial management staff.
- Undertake knowledge sharing activities and regular communications with counterparts within and outside ADB to stay informed about the latest developments in international and national financial management and analysis practices.
- Participate in meetings of the Multilateral Development Banks' Heads of Financial Management forum, forums of development partners with the International Federation of Accountants and the International Organization for Supreme Audit Institutions.
- Oversee the performance of reporting staff and ensure ongoing learning and development.
Qualifications
You will need:
- Master's Degree, or equivalent, in Business, Finance, Commerce, or related fields; or University degree in Business, Finance, commerce or related fields, combined with at least 5 years specialized experience relevant to the position in similar organization/s, may be considered in lieu of a Master's degree.
- Professional qualification in accounting (e.g., CPA, CA, ACCA) from an internationally recognized institution (e.g., IFAC) is mandatory. A CFA qualification is desirable.
- At least 10 years of relevant professional experience in private sector or public sector financial management (i.e., accounting, budgeting, auditing), or related areas.
- International experience working in several countries, across ADB's DMCs is preferred.
- Recognized expertise in the field, with experience leading projects and sharing relevant knowledge to benefit the broader ADB community.
- Proficiency in expressing ideas in both spoken and written formats in English.
- Experience mentoring team members, providing guidance on delivery of services.
- Please refer to the link for ADB Competency Framework for TI2.
Benefits
ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.
- Housing and education allowance
- Expatriate benefits
- Retirement plan
- Medical and health benefits
- Paid leave (including parental)
- Life and other insurance plans
- Staff development
Additional Information
This appointment is open to internal and external applicants.
You will be based at our ADB Headquarters in Manila and may be assigned in one of our resident missions.
This is a fixed-term appointment for an initial fixed period of 3 years. At the end of the initial period, this appointment may, at the option of ADB, be extended once for up to 2 years, converted to a regular appointment, or ended on its expiration date. This decision will be made in the overall interest of ADB that: (a) it will require Staff's particular blend of skills and experience in the foreseeable future; and (b) Staff's performance is satisfactory and they are suitable for further employment.
About Us
ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is headquartered in Manila and owned by 69 members—50 from the region.
ADB only hires nationals of its 69 members.
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ADB wants 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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