Associate, Budget Change Management

The European Bank for Reconstruction and Development was founded in 1991 when communism was crumbling in Europe and ex-Soviet countries needed support to nurture a new private sector and democracy. Today we invest to help build market economies from central Europe to central Asia and the southern and eastern Mediterranean. We are now the largest single investor in our region. Owned by 65 countries and two intergovernmental institutions, we provide project financing for banks, industries and businesses. We also work with publicly owned companies to support privatisation, restructure state-owned firms and improve municipal services. Wherever we are active, we promote policies that bolster the business climate.


Requisition ID14293Office CountryUnited KingdomOffice CityLondonDivisionVP FinanceDept. / Bus. GroupFinancial Strategy and Business PlanningBusiness UnitFinancial Strategy and Business PlanningContract TypeShort TermContract Length09 monthsPosting End Date21/09/2018

This is a 9 month Short Term Contract for someone who is a Newly Qualified Accountant, looking for exciting project work, based in our London HQ.

The Budget function across the EBRD is being reviewed as part of a bank-wide Operational Effectiveness and Efficiency (OEE) programme. This project is expected to create an enhanced Budget function by:
* Strengthening the link between planning and the budget process
* Clarifying the mandate with clearly defined roles and responsibilities
* Making more effective use of a scattered pool of resources
* Improving transparency and clarity of the budget process
* Enhancing infrastructure, frameworks and tools to support decision-making


The Associate, Budget Change Management works within the Budget team, as part of Financial Strategy and Business Planning (FSBP) and will support coordination and delivery of the Budget Operating Model project. The Associate, Budget Change Management will work closely with various members of the project team and be responsible for undertaking the development of metrics to assess the average costs of different business activities and allocation of costs to the Bank's profit centres.

Accountabilities & Responsibilities
* Delivers project reporting and updates, as well as takes the lead on following up of allocated issues and risks
* Undertakes detailed assessment of business activity costs
* Explores and determines cost allocation methodology options for the Bank
* Works with senior stakeholders to develop an overall cost allocation framework for the Bank
* Works closely with business areas, such as IT to implement the cost allocation design to deliver team P/Ls by early 2019
* Creates and tests new Bank-wide reporting standards, including templates. Assist in their implementation through the development of supporting instructions and guidance.
* Supports other aspects of the Budget Operating Model project, including: Reviewing organisation, skills and numbers of resources
* Developing options for management of staff costs
* Systems and reporting: planning of staff resources; operation of the SAP BPC planning system; review of the reporting environment; capture of forecasts and budgets in an efficient way; linking activities and costs


Knowledge, Skills, Experience & Qualifications
* Educated to degree level, or equivalent experience
* Newly Qualified ACA (or equivalent) is PREFERRED but ACCA would be considered
* Significant relevant accounting experience, including experience of product costing and cost attribution methodologies is ESSENTIAL
* Strong numerical and financial skills with the ability to interpret financial information is a MUST
* Proven Intermediate MS Excel expertise is KEY for this role
* Strong experience with SAP and data warehouse reporting systems
* Ability to work under high degree of independence, whilst ensuring appropriate checkpoints are in place
* Proven ability to work to deadlines and under time pressure
* Excellent presentation, written and oral communication skills in English


PLEASE APPLY FOR THIS AMAZING OPPORTUNITY TO GAIN WIDER EXPOSURE WITHIN BUDGETING AND FINANCE.

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.


Profile:

This is a 9 month Short Term Contract for someone who is a Newly Qualified Accountant, looking for exciting project work, based in our London HQ.

The Associate, Budget Change Management works within the Budget team, as part of Financial Strategy and Business Planning (FSBP) and will support coordination and delivery of the Budget Operating Model project. The Associate, Budget Change Management will work closely with various members of the project team and be responsible for undertaking the development of metrics to assess the average costs of different business activities and allocation of costs to the Bank's profit centres.