The Asian Development Bank (ADB) is recruiting a Financial Management Specialist for its Papua New Guinea Resident Mission in Port Moresby. This is a fixed-term professional position within ADB’s Financial Management Division and offers an initial assignment of up to three years.
The role is aimed at experienced finance and accounting professionals who can provide financial management advice, assess financial risks, support development projects, and help strengthen financial management practices.
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It is particularly relevant to candidates with an internationally recognized accounting qualification and experience working across several countries.
The position also involves leadership, mentoring, knowledge sharing, and technical advisory work. Successful candidates will be based in Papua New Guinea initially, with the possibility of a later assignment at ADB Headquarters in Manila or another resident mission, depending on organizational needs.
About the Asian Development Bank
The Asian Development Bank is a multilateral development bank that supports inclusive, resilient, and sustainable growth across Asia and the Pacific. Founded in 1966 and headquartered in Manila, ADB works with members and partners on development challenges, infrastructure, financial solutions, and other initiatives intended to improve lives and protect the environment.
ADB is owned by 69 members, including 50 from the region, and states that it only hires nationals of its member countries.
Position Overview
The Financial Management Specialist will be part of the Financial Management Division within ADB’s Procurement, Portfolio and Financial Management Department.
The position is based at the Papua New Guinea Resident Mission in Port Moresby, with an initial assignment of three years. Relocation is required, and ADB states that reasonable relocation expenses will be covered.
The specialist will provide technical support on financial management and financial due diligence for sovereign operations. The work covers different stages of development projects, from processing through implementation, with the broader goal of supporting sound financial practices and high-quality project outcomes.
The role reports to the Director of the Procurement, Portfolio and Financial Management Department and the Country Director of the Papua New Guinea Resident Mission. It also includes responsibility for overseeing junior staff members and consultants.
Key Responsibilities
A central part of this position is providing financial management advice on ADB-supported sovereign operations. The specialist will analyze financial management issues and provide guidance based on the bank’s applicable policies and procedures.
The role also involves assessing the financial arrangements behind projects. This can include reviewing the organizations responsible for implementing projects, financing plans, financial sustainability, financial risks, reporting arrangements, and audit-related matters.
Another important responsibility is reviewing audited financial statements connected with projects and entities. The specialist will check the quality of financial management information used in project documents, reports, presentations, and other operational materials. The role also includes following up on audit recommendations.
The successful candidate will contribute to improving financial management procedures and internal review processes. The vacancy specifically highlights support for automation and ADB’s broader digitalization work.
Knowledge sharing is another significant part of the job. The specialist will help deliver training and capacity-building activities for clients and ADB staff, while also participating in professional forums and developing partnerships where appropriate.
The position includes a people-management component as well. The specialist will support the performance and development of staff and consultants and help team members continue building their professional capabilities.
Eligibility & Qualifications
Education
Applicants need a university degree in business, finance, commerce, or a related field. A postgraduate qualification or equivalent is preferred.
A professional accounting qualification is also required. Examples listed by ADB include CPA, CA, or ACCA, obtained from an internationally recognized institution such as one associated with IFAC.
Professional Experience
The vacancy requires at least six years of relevant professional experience in financial management or a related area within the private or public sector.
International experience working in several countries is also required. Candidates should have experience that demonstrates their ability to work in an international professional environment.
ADB is also looking for experience in leading projects and sharing professional knowledge for the benefit of the wider organization.
Experience mentoring team members and providing guidance on service delivery is another stated requirement.
Language
Written and verbal proficiency in English is required.
Skills Needed
This position requires strong technical financial management knowledge combined with professional judgment. Candidates need to be comfortable analyzing financial information and providing advice on issues that can affect development projects.
Project leadership is also important. Applicants should be able to demonstrate experience taking responsibility for projects and contributing knowledge that can be useful beyond their immediate team.
The role involves working with colleagues, clients, junior staff, and consultants, so the ability to explain financial matters clearly and provide practical guidance is important.
Mentoring is another key area. The successful candidate will be expected to support the development of team members while maintaining the quality of financial management work.
Because the position covers several countries and forms part of an international development organization, applicants should also be prepared to demonstrate meaningful international professional experience.
Salary & Benefits
ADB has not provided a specific salary figure for this vacancy. It states that compensation will be determined according to ADB standards and comparator markets, taking into account the candidate’s qualifications and experience.
The listed benefits may include:
- Housing and education allowance, where applicable
- Expatriate benefits, where applicable
- Retirement plan
- Medical and health benefits
- Paid leave, including parental leave
- Life and other insurance plans
- Staff development opportunities
ADB also states that reasonable relocation expenses will be covered for the required move to Papua New Guinea.
How to Apply
Applications should be submitted through ADB’s official recruitment process. The vacancy is open to both internal and external applicants.
The closing date is August 19, 2026, at 11:59 p.m. Manila Time (2359), equivalent to 0800 GMT. The reference number for the position is 260666.
Before applying, candidates should confirm that they meet ADB’s nationality requirement. ADB states that it only hires nationals of its 69 member countries.
The appointment is initially for up to three years, subject to the conditions stated by ADB. The position may be renewed for additional periods of up to three years, depending on organizational requirements, funding, performance, and suitability. However, ADB states that this appointment is not convertible to a regular appointment.
Tips Before Applying
Start by checking the most important eligibility points: your university qualification, professional accounting certification, six years of relevant experience, international work background, and English proficiency.
Your CV should make your financial management experience easy to understand. Highlight projects you have led, countries where you have worked, and situations where you provided financial guidance or helped improve financial management practices.
If you have experience mentoring colleagues or sharing professional knowledge, make that visible rather than leaving it buried in a general job description.
It is also useful to review ADB’s competency expectations for the TI1 grade before submitting your application. Make sure your application presents specific evidence of the experience requested in the vacancy.
Finally, check the application carefully before the closing date and use the official ADB recruitment channel.
Conclusion
The Financial Management Specialist position with the Asian Development Bank is designed for an experienced finance professional with strong accounting credentials, international experience, and the ability to provide technical advice and lead knowledge-sharing activities.
The role offers an initial three-year assignment in Port Moresby, relocation support, and a benefits package that can include housing, health, retirement, insurance, leave, and staff development provisions.
Professionals who meet ADB’s education, accounting qualification, experience, nationality, and language requirements should review the official vacancy carefully and submit their application before the stated closing date.