August 28, 2017

Please reload

Recent Posts

GDPR is here - stay with us.

May 24, 2018

1/5
Please reload

Featured Posts

Job of the week

August 28, 2017

Assistant Analyst Donor Funded Operation

European Bank for Reconstruction and Development (EBRD)

Deadline: 07 September 2017

Location: London, UK

Purpose of Job

Responsible for recording, checking and posting a large volume of varied transactions on a daily basis, verifying accuracy of provided data and information and ensuring their adherence to the Donors and Bank’s policies and procedures.

The individual is required to work closely with external and internal clients utilising a variety of systems and delivering to strict deadlines.

Background

Donor Funded Operations’ primary responsibility is to manage and authorize the Donor Funded payment requests prior to disbursements by verifying the documentation against the Legal Contract agreements.  Donor Funded Operations is also responsible for requesting cost sharing funds from the Clients and is accountable for some of the Monthly Financial Reconciliation of the BAS and Investment Council offices.

The role interacts with a number of departments in the Bank (mainly with Technical Co-operation Unit’s Advisors, TC Project Operation Leaders, Treasury Operations, Bank’s TC Budget Officers) and external Clients. Senior Officers are required to process the Bank’s transactions in an accurate and timely manner without exposing the Bank to unnecessary operational or reputational risk.  Therefore it is important to establish good working relationships with all parties involved and ensure that a high level of guidance and control is consistently provided

 Donor Funded Operations has the following key functions :

- policy control

- monitoring and verification

- advisory function

- review and compliance

- reporting

Accountabilities & Responsibilities

  • Assistant Analyst, Donor Funded Operations, verifies documentation against the Donor funded contracts and agreements, ensuring the accuracy of data and compliance with the Bank’s and Donors policies and procedures and manages a full lifecycle of Donor Funded disbursement process

  • Provides guidance and advice on a regular basis to Consultants, Budget Officers and other relevant parties on matters relating to Donor Funded contracts, invoice preparation and payment; identifies and solves budgetary and contractual problems and provides training if required

  • Enhances and implements continuous improvements to the current procedures and processes

  • Reviews a variety of Client Cost sharing agreements to identify the agreed cost recovery terms, issues invoices and monitors Nostro A/C for receipt of funds, identifies and clears items on a timely basis

  • Accountable for the Monthly Financial Reconciliation of some of the BAS and Investment Council Offices in countries of operations

  • Authorises Donor Funded requests for payments and ensures the availability of funds in the relevant Donor Funded accounts prior to disbursement

  • Controls advance payments recovery process and maintains relevant reports

  • Produces variety of reports and summaries of data in order to support banking activities

  • Provides training to new team members to ensure team objectives are met

Knowledge, Skills, Experience & Qualifications

  • Educated to degree level

  • Strong analytical, problem solving and numerical skills

  • Previous experience of SAP is desirable

  • Strong computer skills (Windows, Outlook, Word and Excel)

  • Excellent interpersonal skills including tact and diplomacy

  • Experience of working accurately within strict deadlines

  • Previous experience in Finance sector including exposure to the interpretation of contractual documentation would be an advantage

  • Fluent English language skills, both verbal and written

  • Additional relevant languages would be beneficial

  • Ability to work independently or as a part of the team

For further information on how to apply,  visit https://jobs.ebrd.com/

Share on Facebook
Share on Twitter
Please reload

Follow Us

I'm busy working on my blog posts. Watch this space!

Please reload

Search By Tags
Please reload

Archive
  • Facebook Basic Square