Associate, Financial Accounting (London, GB)
Associate, Financial Accounting (London, GB)
Requisition ID37075
Office CountryUnited Kingdom
Office CityLondon
DivisionFinance - Strategy, Planning & Control
Contract TypeShort Term
Contract Length06 months
Posting End Date23/09/2026
Purpose of Job
A member of the Banks Financial Accounting team who maintain the financial records and financial reporting for the Bank. In this role the Associate correctly applies the relevant accounting rules and provides meaningful and appropriate financial reporting.
Background
The accounting teams within Financial Control are responsible for the preparation of periodic and annual financial reports on behalf of the Bank and the Donor Funds which the Bank administrates, together with setting and maintaining the accounting policies of the Bank. They maintain the financial records for each and provide timely and accurate information on financial performance and financial position. This information enables management to evaluate historic performance and formulate strategy.
The role interacts with a wide cross section of departments within the Bank to coordinate the receipt and analysis of information required to fulfil internal and external financial reporting requirements. The person is also expected to respond to enquiries from internal and external auditors on areas of work for which they are responsible.
Accountabilities & Responsibilities
- Prepares sections of the year-end financial statements with all required disclosures and notes accurately and to a tight deadline
- Prepare periodic internal financial management reporting.
- Assesses the impact of the latest IFRS accounting standards on EBRD financial statements to ensure compliance
- Ensures the accounting policies of the Bank are up-to-date and consistent with IFRS
- Assesses the accounting treatment of banking products in line with IFRS requirements
- 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
- 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 Banks Internal Controls Framework
- Liaises with internal and external auditors and responds to queries
- Supports the team in the delivery of the Compass transformation project, including contribution to process design, system testing, data migration and implementation activities
- Other ad hoc tasks as allocated by line manager
Knowledge, Skills, Experience & Qualifications
- Educated to degree level
- ACA qualified or equivalent,
- Significant relevant accounting experience, preferably in a Financial Services setting.
- Fluent English language skills, both verbal and written
- Statutory financial accounts preparation and/or audit experience on financial accounts
- Strong numerical and financial skills with the ability to interpret financial information
- Strong data analysis, and financial analysis skills and experience with Tableau/Power BI or other data visualisation tools
- Fully competent in own practise area
- Working knowledge of International Financial Reporting Standards, including IFRS 9 and IAS 32
- Strong computer skills with emphasis on Excel
- Experience with SAP or equivalent accounting system preferable
What is it like to work at the EBRD? / About 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.
At EBRD, our Values Inclusiveness, Innovation, Trust, and Responsibility are at the heart of how we work. We bring these to life through our Workplace Behaviours: listening well and speaking up, collaborating smartly, acting decisively with full commitment, and simplifying to amplify our impact. These principles shape our culture and define our success. We seek individuals who not only share these values but are also committed to embedding them in their daily work, fostering a positive and high-performing environment.
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. Our workforce reflects a broad range of backgrounds, perspectives, and experiences, bringing fresh ideas, energy, and innovation and enhancing our ability to serve our clients, shareholders, and counterparties effectively.
- A hybrid workplace that offers flexibility to teams and individuals; that is based on trust, flexibility and connectedness.
- An environment that places sustainability, equality and digital transformation at the heart of what we do.
- A workplace that prioritises employee wellbeing and provides a comprehensive suite of competitive benefits.
Diversity is one of the Banks core values which are at the heart of everything it does. 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, gender identity, sexual orientation, age, socio-economic background or disability.
Please note, that due to the high volume of applications received, we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted (for further consideration).
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