Associate - Funds Accounting
Associate - Funds Accounting
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Job Description
Purpose of Job
Responsible for the accurate maintenance of financial records for both the Bank and the Donor Funds which the Bank administrates. He/she assists in implementing the accounting policies of the Bank in line with relevant reporting standards and ensures compliance with internal and external reporting requirements.
Background
The accounting teams within Controllers are responsible for the preparation of periodic and annual financial reports on behalf of the Bank and the Donor Funds which the Bank administrates. They maintain the financial records for each and provide timely and accurate information on financial performance and financial position. This information enables management to evaluate historic performance assess the current position and formulate strategy.
The role interacts with a wide cross section of departments within the Bank to coordinate the receipt and analysis of information required to fulfil internal and external financial reporting requirements. The person is also expected to respond to enquiries from internal and external auditors on areas of work for which he/she is responsible.
Accountabilities & Responsibilities
Prepares sections of the year-end financial statements with all required disclosures and notes accurately and to a tight deadline
Assesses the impact of the latest IFRS accounting standards on EBRD/Donor Funds financial statements to ensure compliance
Ensures the accounting policies of the Bank/Donor Funds are up-to-date and consistent with IFRS
Undertakes investigations and inspections of data in accordance with established procedure to identify and quantify potential accounting postings required
Maintains the accounting and reporting systems files and other records required for the Bank and Donor Funds to ensure accurate and timely information
Reviews transactions booked in front office systems and posted to the accounting systems for accuracy and appropriatenes
Identifies solutions to non-standard tasks/queries
Provides advice to internal clients relating to relevant financial products or transactions
Contributes to the development of procedures to ensure the accounting department best responds to the needs of the Bank/Donors
Review and sign off of team members journals to ensure accuracy
Supervises and trains new team members and year end temporary staff to create a team that is capable of meeting its objectives
Produces work in compliance with the Banks Internal Controls Framework
Liaises with internal and external auditors and responds to queries
Knowledge Skills Experience & Qualification
Educated to degree level
ACA qualified or equivalent
Fluent English language skills both verbal and written
Significant relevant accounting experience
Statutory financial accounts preparation and/or audit experience on financial accounts
Strong numerical and financial skills with the ability to interpret financial information
Fully competent in own practise area
Working knowledge of International Financial Reporting Standards
Strong computer skills with emphasis on Excel
Experience with Summit Frameworks SAP R3 and SAP AFI systems
What is it like to work at the EBRD / About 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 peoples lives and help shape the future of the regions we invest in.
At EBRD our Values Inclusiveness Innovation Trust and Responsibility are at the heart of how we work. We bring these to life through our Workplace Behaviours: listening well and speaking up collaborating smartly acting decisively with full commitment and simplifying to amplify our impact. These principles shape our culture and define our success. We seek individuals who not only share these values but are also committed to embedding them in their daily work fostering a positive and high-performing environment.
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. Our workforce reflects a broad range of backgrounds perspectives and experiences bringing fresh ideas energy and innovation and enhancing our ability to serve our clients shareholders and counterparties effectively.
- A hybrid workplace that offers flexibility to teams and individuals; that is based on trust flexibility and connectedness.
- An environment that places sustainability equality and digital transformation at the heart of what we do.
- A workplace that prioritises employee wellbeing and provides a comprehensive suite of competitive benefits.
Diversity is one of the Banks core values which are at the heart of everything it does. 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 gender identity sexual orientation age socio-economic background or disability.
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).
Required Experience:
IC
Employment Type
Temp
