Back Principal, Financial Control

Requisition ID 33664 Office Country United Kingdom Office City London Division Finance - Strategy, Planning & Control Contract Type Regular Contract Length Posting End Date 19/07/2023

Purpose of Job

Acknowledged deputy to the Associate Director for any one of the Bank’s three accounting teams who, between them, maintain the financial records for both the Bank, including Treasury, and the Donor Funds administrated by the Bank. This person typically performs the more complex on-going tasks within the team and assists the Associate Director in the training and development of less experienced members of the team. Deputises for the associate director as required.

Accountabilities and Responsibilities

• Significant role in team’s preparation of IFRS-compliant financial statements subject to external audit, involving the training and review of work performed by associates and the responsibility for completion of the more complex tasks as required.
• 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
• Deputises for the Associate Director as required
• Regular review of procedures to ensure the accounting department best responds to the needs of the Bank/Donors
• Review and approval of team members’ journals to ensure accuracy
• Supervises and trains both new and existing accounting managers in the performance of tasks within the team, contributing to the team’s ability to meet its objectives.
• Liaises with internal and external auditors and responds to queries
• Assists with appraisal/recruitment process
• Helps ensure the team meets all deliverables and deadlines
• Directly accountable for the engagement and effective overall management of staff including recruitment, compensation (as agreed with the Head of Department, if applicable), performance management, coaching and development.
• Champion and role model the Bank’s Behavioural Competencies and Corporate Behaviours, ensuring adherence within the team(s) so that the highest standards of integrity and ethical conduct are exhibited at all times

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  Knowledge, Skills, Responsibility and Education

  📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟯! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟯 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔, 𝗜𝗢𝗠 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐

  ⚠️ 𝐂𝐡𝐚𝐧𝐠𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐟𝐞 𝐍𝐨𝐰: 𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐣𝐨𝐛 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐍𝐚𝐭𝐢𝐨𝐧𝐬 𝐍𝐎𝐖!

  • Educated to degree level
  • ACA qualified or equivalent
  • Fluent English language skills, both verbal and written
  • Evidnce of team leadership/supervisory experience
  • Significant accounting experience across debt and equity instruments, including derivatives.
  • 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 practice area
  • Detailed knowledge of IFRS relevant to team, IFRS 9, IFRS 10, IAS 32, IFRS 16.
  • Strong computer skills with emphasis on Excel
  • Experience with Summit, Frameworks, SAP R3 and SAP AFI systems

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    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.