The Analyst, Budget Business Partner, is involved in budget-related client work for a number of departments within the Bank, within the Budget team’s mandate of establishing the Bank’s overall administrative and capital expenditure budgets and monitoring their execution. The role provides direct support to the Principal, Budget Business Partner in work to challenge and advise budget holders in the use of their budgets and in preparing resource proposals and other specific analysis, as needed.
The Analyst provides detailed expenditure analysis as part of the annual top down budget process, productivity analysis and monitoring of budget execution. The Analyst 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.
Accountabilities and Responsibilities:
Accountabilities and responsibilities for this role are to be carried out under supervision of the Principal, Budget Business Partner.
Active monitoring of business plan and budget execution of respective departments under client responsibility, reviewing directly with departments as necessary
Provide advice and guidance to budget holders, after seeking guidance and assistance from senior Budget team members
Attend meetings on the Principal’s behalf, as necessary
As directed, provide specific resource analysis for Senior Management and the Board of Directors under the guidance of the Principal, Budget Business Partner
Monitoring and reporting of expenses against agreed budgets and forecasts and tracking of agreements
Performing tasks under budget responsibility – 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 Budget team
Utilise reporting capability of the planning system as well updating/uploading of budget data
Regular discussions and support to budget holders to understand and efficiently implement their budget
Under guidance, analyse resources or review policies that fall under the responsibility of the Budget team
Involved in training of Budget Officers
Ad-hoc analysis as directed by Principal
Knowledge, Skills, Experience and Qualifications:
Qualified accountant/ CFA qualified and/ or relevant practical experience in Finance
Strong accounting knowledge and financial background
Excellent numeric and analytical skills
High attention to detail and ability to maintain accuracy under tight deadlines, with good organisation skills
Strong knowledge of IT systems such as accounting packages, Excel and its use in modelling
Excellent interpersonal skills and ability to work in a team, liaising with an extensive number of counterparties internally
Excellent written and oral communication skills in English.
