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Analyst, Budget Business Partnering

Posting Date: 17-Nov-2021

Location: London, GB

Company: EBRD

Requisition ID 23292
Office Country United Kingdom
Office City London
Division Finance - Strategy, Planning & Control
Dept. / Bus. Group Budget Planning and Control
Business Unit Budget Business Partnering - HR&CS
Job Key 50023667
OTE/NOTE not eligible for overtime
Full-Time/Part-Time Full Time
PMF Band 05
Recruiter Elena Lazarou
Contract Type Regular
Contract Length
Posting End Date 28/11/2021 

 

Analyst, Budget Business Partner, is involved in budget-related client work for a number of departments within the Bank, within the Budget team’s mandate of establishing the Bank’s overall administrative and capital expenditure budgets and monitoring their execution. The role provides direct support to the Principal, Budget Business Partner in work to challenge and advise budget holders in the use of their budgets and in preparing resource proposals and other specific analysis, as needed.

 

The Analyst provides detailed expenditure analysis as part of the annual top down budget process, productivity analysis and monitoring of budget execution. The Analyst provides input to the preparation of specific sections of Bank documents issued to senior management and to the Board, including such as the Strategy Implementation Plan document incorporating the annual Budget document. The role requires maintaining the relevant policies, procedures and processes related to resource management, including budget and accounting guidelines and for staffing related issues.

 

Background

The Budget team, as part of Finance – Strategy, Planning and Control (FSPC), is responsible for establishing the Bank’s administrative and capital expenditure budgets and monitoring their execution. This includes assessment of the medium term resource framework and preparation of the budget framework, for discussion with senior management. The key document co-ordinated by the team is the Bank’s three year Strategy Implementation Plan incorporating the annual Budget that is approved by the Board of Directors normally in December each year.

The role involves contributing and facilitating client partnering work for all respective Departments in active monitoring of annual budget execution and interaction with clients, as needed. This includes assessment of medium term resource requirements, development of top-down budget proposals, productivity analysis for efficient reallocation of resources, proposals or assessment of resource requirements for new initiatives, ensuring consistency across regular reporting on staffing and expenses.

This role requires maintaining a strong and effective working relationship with Budget holders, Budget Officers and respective HR Client Managers for the relevant teams. This role also assumes collaborative relationships with other Departments such as Finance, IT and HR and Organisational Development.

 

Facts and Scale

 

  • Supervised responsibility for day-to-day interaction with budget holders and other staff in relevant departments with annual budget of between £120-150million
  • Suggest resolution of staffing related issues for relevant departments or development of proposals for the management decision
  • Interaction with teams across the Bank, including front offices - key relationships with team Directors and Budget Officers.
  • Main working relationships with other Departments at intermediate level – Finance and Human Resources and Organisational Development

 

Accountabilities and Responsibilities

 

Accountabilities and responsibilities for this role are to be carried out under supervision of the Principal, Budget Business Partner. 

  • Active monitoring of business plan and budget execution of respective departments under client responsibility, reviewing directly with departments as necessary
  • Analysis and preparation for business partnering work.  Provide advice and guidance to budget holders, after seeking guidance and assistance from senior Budget team members
  • Attend meetings on the Principal’s behalf, as necessary
  • As directed, provide specific resource analysis for Senior Management and the Board of Directors under the guidance of the Principal, Budget Business Partner
  • Monitoring of expenses against agreed budgets and tracking of agreements
  • Performing tasks under budget responsibility – review use of staff costs budget, regular tracking of contingency budget utilisation, use of management provisions, etc.
  • Analysis of productivity across teams and other specific staffing queries to support more senior staff in the Budget team
  • Utilise reporting capability of the SAP BPC planning system as well updating/uploading of budget data
  • Regular discussions and support to budget holders to understand and efficiently implement their budget
  • Under guidance, analyse resources or review policies that fall under the responsibility of the Budget team
  • Involved in training of Budget Officers

 

Knowledge Skills, Experience and Qualifications:

  • Qualified accountant/ CFA qualified and/ or relevant practical experience in Finance
  • Strong accounting knowledge and financial background
  • Excellent numeric and analytical skills
  • High attention to detail and ability to maintain accuracy under tight deadlines, with good organisation skills 
  • Strong knowledge of IT systems such as accounting packages, Excel and its use in modelling
  • Excellent interpersonal skills and ability to work in a team, liaising with an extensive number of counterparties internally 

 

Challenges:

 

This role requires accurate and timely response to ad hoc senior management requests providing a clear, concise and consistent answer.

 

 

Please note that CCTs, Interns and applicants working directly for a Board office can only apply for jobs advertised via the external careers website.


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