Analyst, Operations Finance

Requisition ID 35133 Office Country United Kingdom Office City London Division Operations & Service Management Contract Type Short Term Contract Length 23 months Posting End Date 11/11/2024

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

  Knowledge, Skills, Experience & Qualifications

  • University degree
  • Strong SAP experience
  • 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
  • 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).