Strategic Budgeting Specialist
2 days ago
The Asian Infrastructure Investment Bank (AIIB) is a leading multilateral development bank that aims to finance infrastructure projects in Asia and beyond. With a strong focus on sustainability, technology, and regional connectivity, AIIB seeks to unlock new capital and invest in innovative infrastructure solutions.
Job SummaryWe are currently seeking a Strategic Budgeting Specialist to join our Strategy, Policy and Budget (SPB) Department. The successful candidate will play a pivotal role in collaborating with team members to support Management in strategically planning and efficiently managing AIIB's budgetary resources in alignment with the Corporate Strategy and business priorities.
Key Responsibilities- Support the full cycle of budget management, including annual budget planning, monitoring, reporting, and controlling AIIB's administrative and capital budgets.
- Advances in cost accounting to deepen understanding of the cost of doing different types of business and assist in strategic resource planning, including cost tracking, cost allocation, management reports, system improvements, data quality, etc.
- Improve budget controls and reporting through process improvements and optimization of various programs (e.g., SAP SAC, SAP S4HANA) and surrounding systems throughout the entire planning to execution to reporting process.
- Support the delivery of certain budget management-related tasks, such as reviewing major expenditures, benchmarking, long-term cost projection, outsourcing planning, and updating policies and procedures.
- Participate in other large projects and represent the SPB Budget team in driving cost efficiency, advancing strategic resource allocation, and other major corporate development initiatives.
To be considered for this position, candidates should possess:
- A bachelor's degree or a master's degree (preferred) or equivalent in business administration, finance, accounting, or economics or other related fields.
- Relevant qualifications (e.g., CPA, ACCA, CIMA, CFA) would be an advantage.
- Minimum five years of experience in budget/planning, cost and financial accounting, and dealing with relevant financial systems in the financial services industry and/or multilateral development banks, or in global consultancy firms focusing on large financial services clients.
- Substantial knowledge and understanding of budget management and its linkage with core operations, finance, and strategy and business plan setting and implementation.
- Proven track record and demonstrated technical competence gained from a global financial institution, top-tier professional service firm, or complex multinational company (preferably with experience in financial and strategic planning).
- Passion for international development.
- Excellent oral and written communication skills in English, proven experience in business writing for senior management, and drafting of board-level papers.
- Superior skills in Excel, PowerPoint, and analytical tools and strong analytical skills.
- Good team player with strong initiative.
- Good interpersonal and influencing skills to manage diverse stakeholders and ability to build consensus.
- Proven ability to multitask, work under pressure, and meet tight deadlines.
AIIB offers a competitive salary package, commensurate with experience, as well as a range of benefits, including:
- An estimated salary range of $80,000-$120,000 per annum, depending on experience and qualifications.
- A comprehensive health insurance package.
- Generous paid leave and holiday entitlements.
- Professional development opportunities.
Join us and contribute to shaping the future of sustainable infrastructure development in Asia and beyond
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