Analyst, Cost Management HR

Job Posting Organization:
The European Bank for Reconstruction and Development (EBRD) is a pioneering international financial institution established in 199

• The EBRD's mission is to foster the transition towards open market-oriented economies and to promote private and entrepreneurial initiative in countries from Central Europe to Central Asia and the Southern and Eastern Mediterranean. The organization operates in over 30 countries and employs a diverse workforce of approximately 2,000 employees. The EBRD is committed to promoting sustainable development and enhancing the quality of life in the regions it serves, focusing on projects that support economic growth and social inclusion.

Job Overview:
The Analyst, Cost Management HR, plays a crucial role in the HR Finance business unit, focusing on financial and budgetary control of administrative expenditures. This position involves engaging in cost management business partnering, providing detailed expenditure analysis during the annual budget process, and monitoring budget execution. The Analyst will support the Principal, HR Business Manager, in advising budget holders on budget utilization and preparing resource proposals. The role requires maintaining relevant policies and procedures related to resource management, ensuring compliance with budget and accounting guidelines, and addressing staffing-related issues. The Analyst will also contribute to the preparation of Bank documents for senior management and the Board, ensuring that financial data is accurate and well-presented.

Duties and Responsibilities:
The Analyst will be responsible for actively monitoring business plans and budget execution for respective departments, providing direct support to budget holders, and capturing necessary cost management information. Key responsibilities include advising budget holders, attending meetings on behalf of the Principal, conducting resource analysis, and monitoring expenses against agreed budgets. The Analyst will undertake regular forecasts, track agreements, and resolve deviations in budget execution. Additional duties include preparing journals and accruals for accurate financial reporting, delivering balance sheet reconciliations, overseeing payroll financial entries, and liaising with auditors. The Analyst will also engage in training Budget Officers and delegates, perform ad-hoc analysis, and undertake financial modeling to support strategic decisions. This role is dynamic and may involve additional responsibilities as required by business needs.

Required Qualifications:
Candidates must be qualified accountants or CFA qualified, with relevant practical experience in finance. A strong accounting knowledge and financial background are essential, along with excellent numeric and analytical skills. Attention to detail and the ability to maintain accuracy under tight deadlines are crucial, as well as strong organizational skills. Proficiency in IT systems, particularly accounting packages and Excel for modeling, is required. Excellent interpersonal skills and the ability to work collaboratively with a diverse range of internal stakeholders are necessary, along with strong written and oral communication skills in English.

Educational Background:
A degree in finance, accounting, or a related field is required. Professional qualifications such as CPA, ACCA, or CFA are highly desirable. Candidates should have a solid understanding of financial principles and practices, as well as experience in financial analysis and reporting.

Experience:
The position requires a minimum of 3-5 years of relevant experience in finance or accounting roles, preferably within a corporate or public sector environment. Experience in budget management, financial analysis, and reporting is essential. Familiarity with international financial regulations and standards is an advantage.

Languages:
Fluency in English is mandatory, with excellent written and oral communication skills. Knowledge of additional languages is considered a plus, particularly those relevant to the EBRD's operational regions, as it enhances communication with diverse stakeholders.

Additional Notes:
This is a short-term contract position with a duration of 12 months. The role is based in London, United Kingdom, and is classified as a full-time position. The EBRD is committed to diversity and encourages applications from all qualified candidates, regardless of their background. The organization offers a competitive benefits package and prioritizes employee wellbeing, sustainability, and digital transformation in its operations.