Associate in Finance - Strategy, Planning & Control

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 the countries where it invests. The organization operates in over 30 countries across Europe, Asia, and the Middle East, employing a diverse workforce that reflects a broad range of backgrounds and experiences. The EBRD is committed to sustainability, equality, and digital transformation, aiming to make a real difference in people's lives and help shape the future of the regions it invests in.

Job Overview:
The Associate in Finance - Strategy, Planning & Control plays a crucial role within one of the Bank’s three accounting specialist teams. This position is responsible for maintaining the financial records for both the Bank and the Donor Funds administered by the Bank. The Associate will apply relevant accounting rules accurately and provide meaningful financial reporting. The role involves preparing sections of year-end financial statements, ensuring compliance with the latest IFRS accounting standards, and maintaining up-to-date accounting policies. The Associate will also be involved in internal financial management reporting and will assess the impact of accounting standards on financial statements. This position requires a proactive approach to identifying and resolving accounting issues and ensuring the accuracy of financial data.

Duties and Responsibilities:
The duties and responsibilities of the Associate include preparing sections of the year-end financial statements with all required disclosures and notes, preparing periodic internal financial management reports, and assessing the impact of the latest IFRS accounting standards on financial statements. The Associate will ensure that the accounting policies of the Bank and Donor Funds are consistent with IFRS, undertake investigations of data to identify potential accounting postings, and maintain accounting and reporting systems. Additionally, the Associate will review transactions for accuracy, liaise with operations and front office teams to resolve booking issues, provide advice on financial products, contribute to the development of procedures, review and sign off team members’ journals, supervise and train new team members, and produce work in compliance with the Bank’s Internal Controls Framework. The role may also involve liaising with internal and external auditors and responding to queries, as well as performing other ad hoc tasks as allocated by the line manager.

Required Qualifications:
Candidates must be educated to degree level and hold ACA qualification or equivalent. Fluency in English, both verbal and written, is mandatory. Significant relevant accounting experience is required, preferably in a Financial Services setting. Candidates should have experience in statutory financial accounts preparation and/or audit experience on financial accounts. Strong numerical and financial skills with the ability to interpret financial information are essential. Candidates must be fully competent in their practice area and possess a working knowledge of International Financial Reporting Standards. Strong computer skills, particularly in Excel, are necessary, and experience with SAP or an equivalent accounting system is preferable.

Educational Background:
The educational background required for this position includes a degree in finance, accounting, or a related field. Candidates must also hold a professional accounting qualification such as ACA or an equivalent designation, which demonstrates a high level of expertise in accounting principles and practices.

Experience:
The position requires significant relevant accounting experience, ideally within a Financial Services environment. Candidates should have a proven track record in statutory financial accounts preparation and/or audit experience, showcasing their ability to handle complex financial data and reporting requirements effectively.

Languages:
Fluency in English is mandatory for this position, both in verbal and written communication. While English is the primary language required, knowledge of additional languages may be considered an asset but is not mandatory.

Additional Notes:
This position is a short-term contract with a duration of 3 months. The role is based in London, United Kingdom, and is full-time. The EBRD encourages applications from qualified candidates who are nationals of the EBRD member countries, promoting diversity and inclusion in the workplace. The organization offers a comprehensive suite of competitive benefits and prioritizes employee wellbeing.