Analyst, Cost Management FP&A

Job Posting Organization:
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded 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 thousands of professionals dedicated to supporting economic development and reform. The EBRD is known for its commitment to sustainability, inclusiveness, and innovation, and it plays a crucial role in shaping the future of the regions it invests in.

Job Overview:
The Analyst, Cost Management FP&A position is integral to the Cost Management team within the Finance - Strategy, Planning & Control division of the EBRD. This role focuses on cost management business partnering across various departments, ensuring that the Bank's administrative and capital expenditure budgets are effectively established and monitored. The Analyst will support the Principal, Cost Management by providing detailed expenditure analysis, productivity assessments, and resource proposals. The position requires a proactive approach to advising budget holders on budget utilization and preparing necessary analyses for senior management and the Board. The Analyst will also maintain relevant policies and procedures related to resource management, ensuring compliance with budget and accounting guidelines. This role is pivotal in facilitating client partnerships and ensuring efficient budget execution across departments, contributing to the overall financial health of the organization.

Duties and Responsibilities:
The Analyst will be responsible for actively monitoring the business plan and budget execution for assigned departments, providing direct support to budget holders. Key responsibilities include capturing cost management information for the Strategy Implementation Plan (SIP), advising budget holders, attending meetings on behalf of the Principal, and preparing resource analyses for senior management. The Analyst will monitor and report on expenses against budgets monthly, conduct regular forecasts, and track agreements to resolve deviations. Additional duties include reviewing staff costs, tracking contingency budget utilization, analyzing productivity, and supporting the training of Budget Officers. The role may also involve ad-hoc analyses and financial modeling to support strategic decisions, ensuring that all tasks align with the Cost Management team's objectives.

Required Qualifications:
Candidates must be qualified accountants or CFA qualified, with relevant practical experience in finance. A strong accounting background and excellent numeric and analytical skills are essential. The role requires high attention to detail, the ability to maintain accuracy under tight deadlines, and strong organizational skills. Proficiency in IT systems, particularly accounting packages and Excel for modeling purposes, is necessary. Excellent interpersonal skills are required to work collaboratively with various internal stakeholders, and strong written and oral communication skills in English are mandatory.

Educational Background:
A degree in finance, accounting, or a related field is required. Professional qualifications such as CPA, ACCA, or CFA are highly desirable, reflecting a strong foundation in financial principles and practices. Continuous professional development and training in relevant financial management areas are also beneficial for candidates.

Experience:
Candidates should have a minimum of 3-5 years of relevant experience in finance or cost management roles. Experience in a similar analytical position within a financial institution or corporate finance environment is preferred. Familiarity with budget management processes and financial reporting is essential, along with a proven track record of working collaboratively in a team-oriented environment.

Languages:
Fluency in English is mandatory, as it is the primary language of communication within the organization. Knowledge of additional languages, particularly those spoken in the EBRD's operational regions, is considered an asset and may enhance a candidate's profile.

Additional Notes:
This position is a full-time role with a fixed-term contract lasting 2 years. The EBRD promotes a hybrid workplace model, allowing for flexibility in work arrangements. The organization values diversity and encourages applications from qualified candidates regardless of their background. Competitive compensation and benefits packages are offered, prioritizing employee wellbeing and professional development.