Treasury Administrator
Job Vacancy | Wednesday, July 10, 2024
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| Reference Number | 240468 |
|---|---|
| Position Level | AS 7 |
| Department | Treasury Department |
| Division | Treasury Services Division |
| Location | Asian Development Bank Headquarters |
| Date Posted | Wednesday, July 10, 2024 |
| Closing Date | Wednesday, July 24, 2024 11:59 p.m. (2359 Manila Time, 0800 GMT) |
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a lasting impact on 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 Treasury Administrator is assigned to the Treasury Services Division within the Treasury Department. You will be based at our Headquarters in Manila, Philippines.
You will report to designated International Staff and senior National Staff.
Your Role
As a Treasury Administrator, you will provide operational and analytical support in carrying out cash management functions, including: (i) assisting in the management of cash in the Operational Cash Portfolio (OCP) to ensure availability of funds to meet financial obligations; and (ii) assisting in the preparation of various cash flow projections report to support funding and investment strategies. The Treasury Administrator also assists in the overall relationship management with ADB’s two main Central Bank counterparties.
You will:
Cash Management and Key Bank Accounts Relationship
• Assist in the monitoring and management of cash flows to ensure availability for ADB’s regular and concessional ordinary capital resources (OCR) operations to meet financial obligations.
• Assist in the daily cash planning/monitoring of the OCP by coordinating with business units and ensuring that daily cash requirements (inflow and outflows) are reflected.
• Assist in the relationships with selected depository banks (the Federal Reserve Bank of New York and Bank of Japan, etc.) regarding account opening requirements, activity analysis, and other matters related to the implementation of policies that directly affect the Terms and Conditions associated to the accounts.
Cash Flow Projection Reports
• Prepare data and information related to the planning and projection of ADB’s short-term and medium-term funds flow of major currencies: historical data of cash transactions and future cash flow items.
• Monitor actual cash inflows and outflows to determine variances in cash position versus projections and makes necessary adjustments to cash projections.
• Prepare and perform detailed review of OCP, cash cushion portfolio , Discretionary Liquidity, and concessional OCR lending cash position reports for Department-wide use in guiding funding/investment strategies and asset liability management. Back up Treasury Officer in presenting key findings of the report during the Weekly Funding meeting.
• Gather data and prepare worksheet required to build the two-year cash flow projections report which is updated monthly and provides longer cash position insights for strategic planning.
• Actively contribute to the cross departmental Thematic Bonds working group by providing data used in the cash reports facilitating the tracking of the initiative.
Others
• Perform activities in support of ADB’s Organizational Resilience.
• Perform other duties as required and reflected in the incumbent’s work plan.
Qualifications
You will need
● Bachelor’s degree in Accounting, Finance, or relevant fields
● At least 5 years of relevant professional experience, preferably with training in Financial Planning and Analysis
● Excellent written and verbal communication skills in English
● Analytical proficiency and strong numerical ability
● Please refer to the link for ADB Competency Framework for Administrative Staff Level 7.
Benefits
ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB’s standards and comparator markets, taking into account your qualifications and experience.
· Paid leave (including parental)
· Medical and health benefits
· Life and other insurance plans
· Staff development
· Retirement plan
· Housing and education allowance (if applicable)
· Expatriate benefits (for international staff)
About Us
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.
To view ADB Organizational Chart, please click here.
ADB seeks 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.
Visit ADB Careers FAQ for more information.
