Associate, Finance Manager

Job Posting Organization:
The European Bank for Reconstruction and Development (EBRD) is an international financial institution that was 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. The organization operates in over 30 countries and employs a diverse workforce that reflects the rich variety of cultures and backgrounds of the regions it serves. The EBRD is committed to sustainability, equality, and digital transformation, making it a leader in promoting inclusive economic growth.

Job Overview:
The Associate, Finance Manager position is a pivotal role within the Human Resources and Organizational Development (HROD) department, focusing on delivering cost-related client work and financial planning. The Associate will provide direct support to the HR OD Business Manager and budget delegates, assisting in the consolidation and utilization of their budgets. This role involves preparing resource proposals, conducting analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis, and monitoring budget execution. The Associate will also be responsible for providing detailed expenditure analysis as part of the budget process and supporting new initiatives with financial insights. The position requires a strong understanding of financial impacts related to HROD policies, including accounting guidelines and staffing issues. The Associate will play a crucial role in preparing reports and budget documents, including presentations for stakeholders and financial schedules for finance.

Duties and Responsibilities:
The duties and responsibilities of the Associate, Finance Manager include:

• Actively monitoring the business plan and budget execution of HROD departments, reviewing costs, and providing insights to the Business Manager and head of reward.
• Undertaking regular forecasts with the business and tracking agreements, working collaboratively to resolve deviations.
• Conducting monthly monitoring of business plans and budget execution.
• Performing financial modelling and analysis on an ad-hoc basis.
• Developing and coordinating the annual budget proposal and forecast process.
• Preparing journal entries, accruals, and provisions as necessary.
• Engaging in regular discussions with budget holders to facilitate efficient budget implementation.
• Undertaking financial modelling to support strategic decisions and providing financial support for HROD business cases.
• Collaborating with businesses to develop models that support new initiatives. 1
• Identifying opportunities for increasing efficiency and effectiveness, including process automation and data quality improvements. 1
• Performing other relevant duties as required by business needs, demonstrating flexibility and adaptability.

Required Qualifications:
The required qualifications for the Associate, Finance Manager position include:

• Proven experience in cost management issues, demonstrating a strong understanding of financial principles.
• Excellent stakeholder management and negotiation skills, with the ability to communicate effectively with various stakeholders.
• Strong communication skills, both written and oral, in English.
• A qualified accountant or part-qualified with substantial practical experience in finance.
• Strong accounting knowledge and a solid financial background.
• Excellent numeric and analytical skills, with a commitment to continuous improvement and innovative solutions.
• Proficiency in IT systems, particularly accounting packages and advanced Excel for financial modelling.
• Strong relationship management skills, with the ability to work under pressure and meet deadlines while addressing departmental priorities.

Educational Background:
The educational background required for this position includes a degree in finance, accounting, or a related field. Candidates with professional accounting qualifications or certifications will be preferred. A strong academic record in relevant subjects will be advantageous, as will any additional training or certifications in financial management or analysis.

Experience:
Candidates should have a minimum of 3-5 years of relevant experience in finance or accounting roles, particularly in cost management and budget analysis. Experience in a similar role within an international organization or financial institution will be highly regarded. The ability to demonstrate a track record of successful financial management and stakeholder engagement is essential.

Languages:
Fluency in English is mandatory for this position, as it is the primary language of communication within the organization. Knowledge of additional languages, particularly those relevant to the EBRD's member countries, would be considered an asset and beneficial for stakeholder engagement.

Additional Notes:
This position is a short-term contract with a duration of 12 months. The role is based in London, United Kingdom, and is expected to be a full-time position. The EBRD promotes flexible working arrangements, with an expectation for employees to work in the office 50% of the time. The organization encourages applications from qualified candidates who are nationals of EBRD member countries, ensuring a diverse and inclusive workforce. Compensation and benefits will be competitive and commensurate with experience.