Accounts Payable Assistant Analyst London, England
Job description
Purpose of Job
Responsible for recording, checking and posting a large volume of varied transactions on a daily basis, verifying the 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.
Accountabilities and Responsibilities
- Check Bank and Donor funded invoices against the underlying contracts, agreements, or policies, as appropriate, to ensure accuracy and compliance with terms and conditions.
- Provide guidance to the Bank’s Budget Officers and other staff on a regular basis to ensure the Bank's and Donor’s policies, practices, and guidelines are adhered to
- Liaise with internal and external clients in order to exchange information, clarify facts, investigate and resolve queries and/or problems
- Check and post parked journals to financial accounts, ensure that the relevant authorizations have been obtained and the postings are made from the correct G/L accounts, cost centres, and WBS elements
- Analyse, review, and process travel and expense claims for the whole Bank to ensure adherence to the Bank's policy and refer any inconsistencies and issues to the Budget Officers
- Prepare monthly account reconciliations and liaise with internal parties to clear outstanding items to ensure the Bank’s budgets are recorded accurately
- Accountable for the Monthly Financial Reconciliation of the BAS and Investment Council Offices in countries of operations
- Responsible for financial overview of Resident Offices
- Oversee the cost recovery process for the whole Bank, and review a variety of Client Cost sharing agreements to identify the agreed cost recovery terms, including analysing and interpreting legal agreements and other documentation to ensure that costs are recovered from the clients in accordance with the relevant legal agreements
- Prepare and submit claims to the Foreign, Commonwealth, and Development Office for the recovery of the Bank’s taxes, including VAT, IPT, CCL, APD
- Authorises Donor Funded requests for payments and ensures the availability of funds in the relevant Donor Funded accounts prior to disbursement
- Enhances and implements continuous improvements to the current procedures and processes
- Produces a 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
What is it like to work at the EBRD?
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.
The EBRD environment provides you with:
- Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in;
- A working culture that embraces inclusion and celebrates diversity;
- An environment that places sustainability, equality and digital transformation at the heart of what we do.
Diversity is one of the Bank’s core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. As an inclusive employer, we promote flexible working and expecting our employee to attend the office 50% of their working time.
Job Segment: Accounts Payable, Compliance, Sustainability, Bank, Banking, Finance, Legal, Energy
