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The mission of the Asian Development Bank (ADB) is to help its developing member countries to reduce poverty and improve the quality of life of their people through inclusive and environmentally sustainable growth and regional integration.
The ADB Group comprises the ADB and the Asian Development Fund (ADF), the concessional window which provides support to the poorest regional member countries.
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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.
The position is assigned in the Pakistan Resident Mission (PRM) within the Central and West Asia Department (CWRD). CWRD is responsible for maintaining client relations and delivering ADB assistance to countries in the Central and West Asia region.
PRM works closely with government agencies, development partners, private sector partners, and other stakeholders to deliver the successful formulation, processing, administration and monitoring of ADB-financed loan and technical assistance (TA) projects in Energy, Transport, Urban and Water, Agriculture, Social & Health, Financial, Information and Communications Technology, etc.
To view ADB Organizational Chart, please click here.
The Associate Financial Control Analyst provides support through the performance of a variety of specialized duties relating to loan disbursement functions of the Pakistan Resident Mission.
The incumbent will report to designated International and / or Senior National staff.
Also, responsible for pre-screening of WAs relating to co-financed loans and WAs relating to Program Loans and Commitment procedure.
Ensures compliance with all ADB Disbursement policies and procedures relating to processing of WAs. Close coordination with Executing Agencies (EAs) to address deficiencies in WAs, rejection of ineligible claims, timely submission of WAs by EAs, communication of processing status of claims, monitoring of advance account turn over ratios.
Also responsible for processing of claims relating to increase in advance account advances and / or advance account ceiling enhancements and other related matters.
This includes participation and contribution in related field missions, workshops, seminars, training sessions and meetings with EA in ADB on disbursement matters and verbal and written communication with EAs on specific queries.
Also, responsible to participate as a resource person in various loan disbursement seminars organized by PRM and the Controller's Department.
Assists in reporting findings of review, including assessment of correctness of expenditure incurred, to the Controller's Department.
Relevant Experience & Requirements
Please refer to the link for ADB Competency Framework for AS6
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