Associate, Banking and Treasury FP&A

Purpose of Job
The Associate, Banking and Treasury FP&A engages in cost and revenue management client partnering for a Banking and Treasury within the Bank, within the FP&A team’s mandate of establishing the Bank’s overall P&L monitoring its execution as well as establishing the Bank’s overall administrative and capital expenditure budgets and monitoring their execution. The role provides direct support to the Principal Banking & Treasury in work to develop and present proposals for the overall revenue/ risk/ returns for the Banking and Treasury on revenue side and work to challenge and advise budget holders in the use of their budgets and in preparing resource proposals and other specific analysis, as needed, on cost side including SSA. The team will be managed under the guidance of Associate Director, Head of Banking and Treasury.

The Associate provides detailed expenditure analysis as part of the annual top-down budget process, productivity analysis, monitoring of budget execution including SSA region. The Associate 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
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 including SSA

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

Accountabilities & Responsibilities

Accountabilities and responsibilities for this role are to be carried out with a degree in independence under supervision of the Principal.
Team will be supervised by Associate Director, Head of Banking and Treasury 
Revenue

• Developing and implementing relevant and insightful financial business performance analytics to support the decision-making process and the delivery of Banking & treasury’s strategy and objectives 
• Implementing Banking and Treasury segmented P&L on a regular basis including providing insight of the performance to the business.
• Embed quarterly forecasting process for revenue and impairment and provide” what-if” and sensitivity analysis
• Active monitoring of business plan execution of respective departments under client responsibility, reviewing directly with departments as necessary
• As directed, provide specific resource analysis for Senior Management and the Board of Directors 
• Utilise reporting capability of the planning system

Costs

• Active monitoring of business plan and budget execution of respective departments under client responsibility, reviewing directly with departments as necessary including SSA
• Support the SIP process by capturing the required cost management information including staff and non-staff costs including SSA
• Provide advice and guidance to budget holders, after seeking guidance and assistance where necessary
• Provide specific resource analysis for Senior Management and the Board of Directors 
• Monitoring and reporting of expenses against agreed budgets on monthly basis and provide commentary and insight including SSA
• Undertake regular forecasts with the business and tracking of agreements
• 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 FP&A team
• Utilise reporting capability of the planning system
• Regular discussions and support to budget holders to understand and efficiently implement their budget

Knowledge, Skills, Experience & Qualifications

• Proven experience in cost management issues 
• Qualified accountant/ CFA qualified/ relevant Masters and/ or strong practical experience in Finance.
• Strong accounting knowledge and financial background. 
• Excellent numeric and analytical skills
• Stakeholder management and negotiation skills
• Commitment to continuous improvement and proposing innovative solutions
• Strong knowledge of IT systems such as SAP, Tableau,  PowerBI, Alteryx , advanced Excel and its use in financial modelling 
• Relationship management skills 
• Ability to work to deadlines and under time pressure whilst addressing the departmental priorities
• Strong drafting and presentation skills
• Excellent written and oral communication skills in English

What is it like to work at the 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. 

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;
• An environment that places sustainability, equality and digital  transformation at the heart of what we do.

Diversity is one of the Bank’s core values which are at the heart of everything it does.  A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. 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, sexual orientation or disabilities.  As an inclusive employer, we promote flexible working and expecting our employee to attend the office 50% of their working time.

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).