Analyst, Operations Finance   - Tenders Global

Analyst, Operations Finance  

European Bank for Reconstruction & Development

tendersglobal.net

Working hours (%): 80-100% / 100%

Type of contract: Staff (Permanent and Fixed Term)

Macro-area: Multiple

Level of experience: Professional, 3 to 5 years

Area of work Definition: Banking and Finance

Type of organisation: Multilateral Organisations

activities 

Company presentation

The European Bank for Reconstruction and Development was founded in 1991 when communism was crumbling in Europe and ex-Soviet countries needed support to nurture a new private sector and democracy. Today we invest to help build market economies from central Europe to central Asia and the southern and eastern Mediterranean. We are now the largest single investor in our region. Owned by 69 countries and two intergovernmental institutions, we provide project financing for banks, industries and businesses. We also work with publicly owned companies to support privatisation, restructure state-owned firms and improve municipal services. Wherever we are active, we promote policies that bolster the business climate.

 

Please note that not all types of contracts and advertisements are listed in cinfoPoste. Find all of them, including local positions as well as specific programmes here, while consultancies are here.

 

Find in-depth information on careers with EBRD and related cinfo’s support on cinfo.ch: Visit the organisation’s profile

Job description

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Purpose of Job
The Analyst, Operations Finance, is a subject matter expert on all products their team covers and performs the more complex day to day tasks.

The Analyst trains the Assistant Analysts within their team and is seen as one of the main points of contact for other departments, bringing their expertise to the discussion and recommending solutions.

Background
The Operations Finance teams within OSM are responsible for ensuring all Resident and ASB Offices comply with best practice when carrying out their accounting and financial management duties. The teams are also responsible for carrying out quarterly and annual checks to ensure the offices are complying with the guidelines and provide training to the RO Budget Officers and Office Managers, In addition, they make sure that all the expenses and Bank and Donor funded invoices are checked and settled in an accurate and timely manner. This requires accurate capture in SAP to ensure that the Donor Funded commitments and the Bank’s departmental budgets are reported correctly. The team is also responsible for ensuring that all cost recovery arrangements are accurately recorded in SAP and for submitting claims to the relevant authorities for the recovery of taxes.

The Analyst interacts with a range of external clients and a wide cross section of departments and levels within the Bank. The Analyst will have a broad experience of all products handled by their team. The Analyst is also expected to respond to queries from internal and external auditors on areas of work for which they are responsible.

Accountabilities & Responsibilities

  • Undertakes investigations and inspections of data, processes and practice in accordance with established procedure to identify potential or actual compliance issues and raises issues identified with Principal

  • Provides advisory services to internal/external clients relating to own practice area to ensure there is no misalignment between policy and practice

  • Contributes to the development of procedures within own area of specialism to ensure the function best responds to the Bank’s needs and reflects current practice

  • Subject matter expert on all products dealt with by the team and performs more of the complex day to day tasks

  • Responsible for the checking and authorisation of other team members work to ensure accuracy in processing/settlement of Bank’s transactions.

  • Trains the Assistant Analysts within the team across a number of tasks

  • Provides documentation to internal and external auditors related to work performed by the team

  • Oversees the cost recovery/cost sharing process, including analysing and interpreting legal agreements and other documentation to ensure that costs are recovered from the clients in accordance with the relevant legal agreements

  • Checks all Bank and Donor funded invoices against the underlying contracts, agreements or policies, as appropriate, to ensure accuracy and compliance with terms and conditions. Ensure any discrepancies in the Bank’s invoices are investigated and amended by the relevant teams/employees prior to posting

  • Checks and posts recharge journals to financial accounts, ensuring that the relevant authorizations have been obtained and the postings are made from and to the correct accounts

  • Prepares and submits claims to the Foreign and Commonwealth Office for the recovery of the Bank’s taxes, including VAT, IPT, APD and CCL

  • Produces a variety of reports to help with the financial oversight of the ROs

  • Accountable for the Monthly Financial Reconciliation of the ASB and Investment Council Offices

Knowledge, Skills, Experience & Qualifications

  • University degree

  • Proficiency in Microsoft 365 is beneficial

  • Ability to organise, prioritise and delegate tasks effectively to meet deadlines

  • Influential communicating skills

  • Excellent interpersonal skills including tact and diplomacy

  • Strong numerical and financial skills with the ability to interpret financial information

  • Fluent English language skills, both verbal and written

  • Additional languages from the Bank’s countries of operation would be beneficial

  • Strong SAP experience

  • Ability to build partnerships and work collaboratively with others to meet shared objectives

  • Experience of working accurately within strict deadlines

What is it like to work at the EBRD?

Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people’s lives and help shape the future of the regions we invest in.

The EBRD environment provides you with:

  • Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in;
  • A working culture that embraces inclusion and celebrates diversity;
  • An environment that places sustainability, equality and digital transformation at the heart of what we do.

Diversity is one of the Bank’s core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. As an inclusive employer, we promote flexible working and expecting our employee to attend the office 50% of their working time.

Please note, that due to the high volume of applications received, we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted (for further consideration).

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