Overview
Approve disbursement claims, provide guidance on disbursement arrangements and procedures, and address disbursement-related issues for sovereign loans and grants in compliance with ADB policies.
Key Responsibilities
- Approve disbursement for ADB's sovereign loan and grant projects and programs.
- Approve disbursement related to the letter of credit through the SWIFT message.
- Oversee proper liquidation of outstanding advances, reconciliation of advance accounts, advance account turnover, disbursement ratio.
- Review transactions on the Statements of Expenditures (SOE) using audit sampling method.
- Provide review and advice on draft board papers and loan/grant project documents.
- Participate in loan/grant negotiations with borrowers.
- Review and provide expert views on policy documents related to sovereign operations and disbursement.
- Provide advice to borrower's executing agencies (EAs), operational departments and Resident Missions (RM).
- Deliver capacity building seminars for EAs.
- Conduct disbursement missions and provide consultations and advice.
- Ensure data integrity of disbursement related systems.
- Recommend improvements to disbursement processes and related IT systems.
- Represent CTL on ADB-wide activities.
- Provide leadership to reporting staff.
Required Experience
- At least 6 years of relevant professional experience in a specialized area or broad knowledge across multiple areas with a deep proficiency in at least one, including international experience working in several countries.
- Proficient in enterprise IT platforms related to accounting, auditing, finance or disbursement.
- Experience with internal controls and business process concepts, and standard policies, procedures, guidelines, and reporting requirements in international/multilateral institutions.
- Analytical and numerical skills, and organizational abilities in banking, financial institutions, or international and multilateral organizations.
- Demonstrated team leadership or managerial experience leading professionals and teams and providing guidance on the delivery of outputs.
Qualifications
A University degree in accounting, finance, or business administration; preferably at post-graduate level or its equivalent and a professional certification (e.g. Chartered Accountant, Certified Public Accountant, or equivalent).
