Analyst - Trainee Financial Control

Purpose of Job

The Analyst role sits within the Financial Control team at the EBRD. The team is responsible for the accurate maintenance of the financial records of the Bank and donor funds, and financial reporting to internal and external parties.  
Background

The Financial Accounting team is within the Finance – Strategy, Planning and Control department (FSPC). The team maintains the financial records for the Bank and donor funds and provides timely and accurate information on the financial performance and financial position to internal and external parties. This information enables management to evaluate historic performance, assess the current position and formulate strategy.
The team ensures that the accounting policies of the Bank and donor funds are applied correctly in line with the relevant standards as well as the formulation of new accounting policies for new investments and transactions. 
The team 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 Analyst is expected to respond to enquiries from internal and external auditors on areas of work for which they are responsible.
Unlike the other positions within the team, the Analyst role is a trainee position. As part of the role, the Analyst is expected to train as a CA (chartered accountant). The training costs are funded by the Bank. Completing the necessary training, examinations and experience required to achieve this qualification is a core part of the job role.

Background

The Financial Accounting team is within the Finance – Strategy, Planning and Control department (FSPC). The team maintains the financial records for the Bank and donor funds and provides timely and accurate information on the financial performance and financial position to internal and external parties. This information enables management to evaluate historic performance, assess the current position and formulate strategy.

The team ensures that the accounting policies of the Bank and donor funds are applied correctly in line with the relevant standards as well as the formulation of new accounting policies for new investments and transactions. 

The team 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 Analyst is expected to respond to enquiries from internal and external auditors on areas of work for which they are responsible.

Unlike the other positions within the team, the Analyst role is a trainee position. As part of the role, the Analyst is expected to train as a CA (chartered accountant). The training costs are funded by the Bank. Completing the necessary training, examinations and experience required to achieve this qualification is a core part of the job role.

Facts / Scale 

•    The accounting sections of the Financial Control team consist of 17 full-time accountants along with year-end contractors and midyear intern. The team has three specialist areas accounting teams, Financial Accounting, Treasury Accounting and Funds Accounting.
•    In addition to accounting, the Financial Control team also take responsibility for Market Data and Product Analysis, and some elements of the Bank’s sustainability related reporting.
•    Collectively the team is responsible for ensuring the accuracy of the Bank’s and the donor funds’ accounting transactions, and delivering accurate financial reporting (in the case of the Bank representing a balance sheet size of €80 billion and P&L of up to €2 billion).
•    The Financial Control team deals with a wide range of accounting standards due to the Bank’s unique status and purpose. 
•    The Bank’s primary investment products are loans, equity investments, and guarantees spread over three continents and a multitude of countries.

Accountabilities & Responsibilities

•    Analytical review of sections of the financial results
•    Contribute to the preparation of elements of the monthly and quarterly management reports and the year-end financial statements in line with relevant accounting standards in accordance with their level of experience
•    Application of the Bank’s accounting policies for the various financial instruments of EBRD
•    Assists with the provision of advice to internal clients relating to complex financial products or transactions
•    Gains experience of, and expertise in, each of the three specialist areas within Financial Control
•    Produces work in compliance with the Bank’s Internal Controls Framework
•    Liaise with internal and external auditors and responds to queries
•    Assists with the completion of project work
•    Successful completion of CA examinations
•    Completion of the necessary experience required to complete the CA qualification.
•    Other ad hoc tasks as allocated by line manager

Knowledge, Skills, Experience & Qualifications

•    Educated to degree level
•    Not ACA qualified or equivalent
•    Fluent English language skills, both verbal and written
•    Strong numerical skills
•    Strong computer skills with a good knowledge of Excel preferred
•    Demonstrable interest in pursuing a career in accountancy
 

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 people's 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 Bank’s 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).