Assistant Analyst, Ops Finance

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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.

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Job description

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The compatibility is only an indication and should not discourage you from applying if you think your profile matches. It is also not taken into consideration for recruitment.

Purpose of Job

Responsible for recording, checking and posting a large volume of varied transactions on a daily basis, verifying accuracy of provided data and information and ensuring their adherence to the Donors and Bank's policies and procedures.

The individual is required to work closely with external and internal clients utilising a variety of systems and delivering to strict deadlines.

Accountabilities & Responsibilities

• Check Bank and Donor funded invoices against the underlying contracts, agreements or policies, as appropriate, to ensure accuracy and compliance with terms and conditions.
• Provide guidance to the Bank's Budget Officers and other staff on a regular basis to ensure the Bank's and Donor's policies, practices and guidelines are adhered to
• Liaise with internal and external clients in order to exchange information, clarify facts, investigate and resolve queries and/or problems
• Check and post parked journals to financial accounts, ensure that the relevant authorizations have been obtained and the postings are made from the correct G/L accounts, cost centres and WBS elements
• Analyse, review and process travel and expense claims for the whole Bank to ensure adherence to the Bank's policy and refer any inconsistencies and issues to the Budget Officers
• Prepare monthly account reconciliations and liaise with internal parties to clear outstanding items to ensure the Bank's budgets are recorded accurately
• Accountable for the Monthly Financial Reconciliation of the BAS and Investment Council Offices in countries of operations
• Responsible for financial overview of Resident Offices
• Oversee the cost recovery process for the whole Bank, review a variety of Client Cost sharing agreements to identify the agreed cost recovery terms, 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
• Prepare and submit claims to the Foreign, Commonwealth and Development Office for the recovery of the Bank's taxes, including VAT, IPT, CCL, APD
• Authorises Donor Funded requests for payments and ensures the availability of funds in the relevant Donor Funded accounts prior to disbursement
• Enhances and implements continuous improvements to the current procedures and processes
• Produces variety of reports and summaries of data in order to support banking activities
• Provides training to new team members to ensure team objectives are met

Knowledge, Skills, Experience & Qualifications

• Educated to degree level
• Strong analytical, problem solving and numerical skills
• Previous experience of SAP is desirable
• Strong computer skills (Windows, Outlook, Word and Excel)
• Excellent interpersonal skills including tact and diplomacy
• Experience of working accurately within strict deadlines
• Previous experience in Finance sector including exposure to the interpretation of contractual documentation would be an advantage
• Fluent English language skills, both verbal and written
• Additional relevant languages would be beneficial
• Ability to work independently or as a part of the team

What is it like to work at the EBRD? / About 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.

At EBRD, our Values ? Inclusiveness, Innovation, Trust, and Responsibility ? are at the heart of how we work. We bring these to life through our Workplace Behaviours: listening well and speaking up, collaborating smartly, acting decisively with full commitment, and simplifying to amplify our impact. These principles shape our culture and define our success. We seek individuals who not only share these values but are also committed to embedding them in their daily work, fostering a positive and high-performing environment.

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. Our workforce reflects a broad range of backgrounds, perspectives, and experiences, bringing fresh ideas, energy, and innovation and enhancing our ability to serve our clients, shareholders, and counterparties effectively.
• A hybrid workplace that offers flexibility to teams and individuals; that is based on trust, flexibility and connectedness.
• An environment that places sustainability, equality and digital transformation at the heart of what we do.
• A workplace that prioritises employee wellbeing and provides a comprehensive suite of competitive benefits.

Diversity is one of the Bank's core values which are at the heart of everything it does. 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, gender identity, sexual orientation, age, socio-economic background or disability.

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).

Right to Work in the UK: Swiss nationals (and all other non-UK employees) can work in the UK without a Visa - working at the EBRD gives all employees "exempt status". The Bank however encourages all non-UK employees to obtain an Exempt Vignette (EV) prior to relocating to the UK, as without an EV you may face more questions at Border Control and when required to show evidence of their exempt status when renting accommodation under the Right to Rent legislation. The application process may take 3 – 4 weeks approx. outside of the UK.

How cinfo Can Support You in the Application Process for This Position

• Application and Interview Preparation: Whether you're preparing your application documents or getting ready for an interview, you can book a Job Application Support session to receive tailored guidance.
• For Swiss nationals invited to the first round of the selection process (e.g., written test, interview, assessment center): Notify us at [email protected] , and we will inform our HR partners in the respective organization and the Swiss Government to help increase your visibility.

"Important Application Information:
Please submit your application only via the official website of the hiring organization or by using the "Apply" button on CinfoPoste, which will redirect you to the organization's application site . Applications submitted through other job portals will not be forwarded to the respective organization and will not be considered . To ensure your application reaches the right destination, always follow the official application process as indicated in the job posting."

View details

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

Macro-area: Western and Central Europe without Switzerland

Level of experience: Junior Professional, 1 to 3 years

Area of work : Banking and Finance

Type of organisation: Multilateral Organisations