As an Associate Financial Control Analyst, you will perform a variety of specialized responsibilities relating to the function of loan disbursement processing. The main responsibilities include disbursement processing as well as support and coordination functions.

You will:

• Review and process withdrawal applications (WAs), Summary Sheets, Statements of Expenditures (SOEs), and other disbursement-related documents for direct payments, reimbursements, and advance fund liquidation/replenishment for all ADB loans and grants in Nepal. This is done through the Client Portal for Disbursement (CPD) and the Integrated Disbursement System (IDS), ensuring compliance with the service level standards (SLS) of the Controller’s Department.
• Verify the validity and accuracy of WAs to ensure claims comply with the conditions outlined in loan agreements.
• Coordinate with executing agencies (EAs) and implementing agencies (IAs) to address discrepancies, incomplete WAs, rejected ineligible claims, and timely submission of WAs. Communicate the processing status of claims and monitor advance account turnover ratios.
• Pre-screen WAs related to co-financed loans, grants, program loans, and commitment letters to ensure adherence to the requirements of the Loan Disbursement Handbook.
• Process claims for increases in advances, adjustments to advance accounts, and SOE ceilings.
• Conduct SOE reviews for loan disbursements under the SOE procedure for selected projects. Share findings with EAs/IAs and provide recommendations for corrective actions.
• Provide support to EAs/IAs in using the Client Portal for Disbursement (CPD), following ADB’s disbursement guidelines, and addressing inquiries related to WAs.
• Ensure internal control and fiduciary compliance with all ADB disbursement policies and procedures related to WA processing and SOE reviews.
• Forward disbursement-related queries and documents from Headquarters (HQ) to the Ministry of Finance and/or EAs/IAs and follow up on required actions.
• Participate as a resource person in loan disbursement seminars organized by NRM and the Controller’s Department.
• Provide disbursement-related information to NRM, HQ staff, and EAs/IAs upon request.
• Assist in training and guiding EAs’ staff on ADB’s loan disbursement policies, procedures, and related government regulations on advance account operations and disbursement matters.
• Participate in user acceptance testing for disbursement-related systems as part of CTLA disbursement process digitization initiatives. Support the rollout and utilization of the Client Portal for Disbursement (CPD).
• Perform any other tasks that may be assigned and reflected in the incumbent’s workplan.

Qualifications

You will need:

• Bachelor’s degree in business administration, accounting, finance, or a related field.
• Professional accounting qualification from a reputable local or international body is a distinct advantage.
• At least 5 years of relevant work experience in banking or financial institutions, preferably within international or multilateral organizations.
• Ability to conduct economic and financial research and organize data, analyze information, and prepare analytical papers, notes, or report sections.
• Strong analytical and critical thinking skills, including the ability to identify causal relationships, evaluate pros and cons, make decisions, and prioritize tasks based on importance.
• Ability to collaborate effectively with government officials, private sector representatives, donor agencies, and executing agencies.
• Excellent interpersonal and communication skills, with the ability to work effectively with individuals from diverse cultural and national backgrounds.
• Proficient computer skills, including advanced knowledge of Microsoft Office Suite
• Fluency in written and verbal English and the local language
• Please refer to this link for ADB Competency Framework for Technical Local Staff level TL3.