Analyst, Cost Management FP&A

The Analyst, Cost Management, is involved in cost management business partnering for a number of departments within the Bank, within the Cost Management team’s mandate of establishing the Bank’s overall administrative and capital expenditure budgets and monitoring their execution as part of FP&A. The role provides direct support to the Associate, Cost Management 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, 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 & Responsibilities

• Accountabilities and responsibilities for this role are to be carried out under supervision of the Associate, Cost Management Business Partner:
• Active monitoring of business plan and budget execution of respective departments under client responsibility, reviewing directly with departments as necessary
• Support the SIP process by capturing the required cost management information including staff and non-staff costs
• Provide advice and guidance to budget holders, after seeking guidance and assistance where necessary
• 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, Cost Management
• Monitoring and reporting of expenses against agreed budgets on monthly basis and providing commentary / insight
• Undertake regular forecasts with the business and tracking of agreements and work with the business on resolving where deviations are likely.
• Performing tasks under cost management 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
• 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 Cost Management team
• Involved in training of Budget Officers
• Ad-hoc analysis as directed by Principal
• Undertaking financial modelling to support key strategic decisions.
• This job description is not limited to the responsibilities listed and the incumbent may be requested to perform other relevant duties as required by business needs

Knowledge, Skills, Experience & 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

Source: https://jobs.ebrd.com/job/London-Analyst,-Cost-Management-FP&A/1094327001/