Budget Associate

4 weeks ago

Beijing, Beijing, China Asian Infrastructure Investment Bank AIIB Full time
Job Title: Budget Associate

Asian Infrastructure Investment Bank AIIB is seeking a highly skilled Budget Associate to join its 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 Corporate Strategy and business priorities.

Key Responsibilities:
  • Support the full cycle of budget management, including annual budget planning, monitoring, reporting, and controlling the Bank's administrative and capital budgets.
  • Support advancements in cost accounting to deepen understanding of 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.
  • Help improve budget controls and reporting through process improvements and optimization of SAP SAC, SAP S4HANA, and surrounding systems throughout the entire planning, execution, and reporting process.
  • Support the delivery of certain budget management-related tasks, such as reviewing major expenditure, benchmarking, long-term cost projection, outsourcing planning, updating policy/procedures.
  • Participate in other large projects representing the SPB Budget team in driving cost efficiency, advancing strategic resource allocation, and other major corporate development initiatives.
  • Assist in advising management on budget matters and respond to ad hoc requests from business stakeholders across the Bank.
Requirements:
  • Minimum requirement of a bachelor's degree, preferably a master's degree 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 5 years of experience in budget/planning, cost and financial accounting, and experience in dealing with relevant financial systems in financial services industry and/or MDBs, 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 with a global financial institution, top-tier professional service firm, or complex multinational company, preferably 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 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 is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences, and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation.

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