A member of one of the Bank’s three accounting specialist teams who, between them, maintain the financial records for both the Bank and 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.
Accountabilities & Responsibilities :
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 EBRD/Donor Funds’ financial statements to ensure compliance
Ensures the accounting policies of the Bank/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 Bank and 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 Bank/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
Other ad hoc tasks as allocated by line manager.
Knowledge, Skills, Experience & Qualifications :
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.
