Finance Associate, Cost Control

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow – infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 109 approved members worldwide. We are capitalized up to USD100 billion and rated AAA by the major international credit rating agencies. Working with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

The Finance Associate (FA), Cost Control, is an integral part of the Cost Control team in the Office of the Controller. They would be primarily responsible for the review and processing of vendor and staff expense claims in accordance with the Bank’s policies and undertake various other activities assigned. In addition, they will be the daily contact of various departments and the IT service provider on matters relating to the Bank’s SAP ERP and Travel and Expense Management module. The FA will perform their duties in a consistent, accurate and timely manner under the supervision of the Senior Financial Control Officer.

Responsibilities:

• Process staff and vendor payment claims in compliance with the Bank’s established expense management policies.
• Provide clear interpretation of various policies relating to vendor and staff claims and, if required, escalate unresolved issues to their supervisor for decision.
• Produce and analyze spending data, including presentations to Management.
• Coordinate and liaise with various departments to ensure a seamless payment process.
• Analyze workflow processes and provide input to improve the process automation.
• Process transactions and book accounts payable postings into the ledger.
• Support periodic audit and internal control review processes.
• Produce and conduct Bank-wide training on claims and payment process.
• Supervise and train assistants as needed.
• Undertake ad hoc assignments at the discretion of the supervisor.

Requirements:

• Bachelor’s degree (minimum required) or Master’s degree (preferred), in Accounting, Finance or Business.
• Minimum of 5 years of relevant practical experience working in the process and control function of an international bank, large organization, or public accounting firm.
• Experience with SAP systems, such as S/4Hana, Concur & Fieldglass or other ERP systems is desirable.
• Familiar with project management methodology and hands-on experience in project management and change management.
• Strategic problem solver with sound knowledge of workflows, financial accounting, and reporting.
• Strong analytical and cost/financial analysis skills. Advanced Excel skills and experience in Power BI are preferred.
• A high level of personal integrity and a sense of accountability, and ability to work under tight deadlines.
• Strong inter-personal skills.
• Proficient in verbal/written English.
• Team player who can communicate for results.

AIIB is committed to diversity, transparency and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability or sexual orientation.

Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment.

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.

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