Associate, Funds Accounting

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A member of one of the Donor Fund’s Accounting team who maintain the financial records for the Donor Funds administrated by the Bank. In this role the Associate correctly applies the relevant accounting rules and provides meaningful and appropriate financial reporting.

The accounting teams within Donor Funds Accounting are responsible for the preparation of periodic and annual financial reports on behalf of 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 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.

Please note that contract for this position is for 12 month with a possibility for extension subject to business needs.

• 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 Donor Funds’ financial statements to ensure compliance
• Ensures the accounting policies of the 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 Donor Funds to ensure accurate and timely information
• Reviews transactions booked in front office systems and posted to the accounting systems for accuracy and appropriateness
• Liaising with Operations and front office teams to resolve booking issues
• 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 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 Bank’s Internal Controls Framework
• Liaises with internal and external auditors and responds to queries
• Supports the DFA team in the delivery of the Compass transformation project, including contribution to process design, system testing, data migration and implementation activities
• Other ad hoc tasks as allocated by line manager

• Educated to degree level
• ACA qualified or equivalent
• Fluent English language skills, both verbal and written
• Significant relevant accounting experience, preferably in a Financial Services setting
• 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 SAP or equivalent accounting system preferable

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…