Principal, Financial Strategy and Business Planning Project

  • Lieu de travail : Londres, Angleterre, Royaume-Uni
  • Salaire : Competitive

The Budget team, as part of Financial Strategy and Business Planning (FSBP), is responsible for establishing the Bank's administrative expenditure budget and monitoring its execution.

The European Bank for Reconstruction and Development was founded in 1991 when communism was crumbling in Europe and ex-Soviet countries needed support to nurture a new private sector and democracy. Today we invest to help build market economies from central Europe to central Asia and the southern and eastern Mediterranean. We are now the largest single investor in our region. Owned by 65 countries and two intergovernmental institutions, we provide project financing for banks, industries and businesses. We also work with publicly owned companies to support privatisation, restructure state-owned firms and improve municipal services. Wherever we are active, we promote policies that bolster the business climate.


Requisition ID10881Office CountryUnited KingdomOffice CityLondonDivisionVP FinanceDept. / Bus. GroupFinancial Strategy and Business PlanningBusiness UnitFinancial Strategy and Business PlanningContract TypeShort TermContract Length18 monthsPosting End Date24/10/2017

THIS IS AN 18 MONTH SHORT TERM CONTRACT, LONDON.

The Budget team, as part of Financial Strategy and Business Planning (FSBP), is responsible for establishing the Bank's administrative expenditure budget and monitoring its execution.  This includes assessment of the medium term resource framework and preparation of the budget framework, for discussion with senior management.

The small centralised team provides overall coordination and control, but the Budget function as a whole operates across the bank.  A current estimate is that more than 200 staff across different functions dedicate at least part of their time to activities linked to budget planning/management and administration of expenses.  The OEE programme provides a platform to review the mandate and operating model of the Budget function, simplifying processes and enhancing capabilities while clarifying roles and responsibilities across the bank.

The Budget function needs to be re-focused to better support the Executive Committee and the Business in decisions on strategic resource needs. As a result, this change management role will be required to engage with and build strong and effective working relationships with senior staff across the Bank, as well as the Budget, IT, HR and the OEE teams.

Overview of the Role
The Budget function across the EBRD is being reviewed as part of a bank-wide Operational Effectiveness and Efficiency (OEE) programme.  This  is a short-term project and aims to create an enhanced Budget function by:

* Strengthening the link between planning and the budget process
* Clarifying the mandate with clearly defined roles and responsibilities
* Making more effective use of a scattered pool of resources
* Improving transparency and clarity of the budget process
Enhancing infrastructure, frameworks and tools to support decision-making

This role will oversee and manage the transformation project which is reviewing and delivering the new Budget Operating Model.  The incumbent will be expected to provide strong intellectual input into the examination of options and finalisation of the eventual design of the model, and its implementation.  The role will be supported by staff from the FSBP team and the individual will coordinate and work collaboratively with representatives from other teams such as HR, IT and the business.

Accountabilities & Responsibilities
Accountabilities and responsibilities for this role are to be carried out with a strong degree of independence with limited supervision of the Director, Financial Strategy and Budget. These include:
* Responsible for the managing the Budget Operating Model project
* Proactively engaging with and managing relationships and expectations of multiple stakeholders
* Reviewing and designing the new operating model with a focus on: Building a stronger link between activities and associated resources
* Reviewing organisation, skills and numbers of resources
* Options for management of staff costs
* Systems and reporting:  planning of staff resources; operation of the SAP BPC planning system; reviewing the reporting environment; capturing forecasts and budgets in an efficient way; linking activities and costs

* Assessing options and then coordinating the delivery of work that aims to identify and measure activities, establish mechanisms for cost allocation mechanism, and establishing links of budget with cost of activities including operations, non-revenue generating outputs and support functions
* Project management including developing implementation timetables, reporting on the status of the project and active follow up of issues

Knowledge, Skills, Experience & Qualifications
* Relevant degree, or equivalent experience
* Good accounting knowledge and background in financial services or international organisations
* Proven track record of leading transformational change across organisations
* Excellent project management skills
* Strong stakeholder management skills, with a focus on negotiating with and influencing senior leaders
* Very good knowledge of planning processes and systems
* Experience working with a high degree of independence
* Demonstrated ability to work to deadlines and under time pressure
Strong communication skills, with a focus on written documentation and presentation skills, in English.

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.


Profile:

The Budget team, as part of Financial Strategy and Business Planning (FSBP), is responsible for establishing the Bank's administrative expenditure budget and monitoring its execution. This includes assessment of the medium term resource framework and preparation of the budget framework, for discussion with senior management.

The small centralised team provides overall coordination and control, but the Budget function as a whole operates across the bank. A current estimate is that more than 200 staff across different functions dedicate at least part of their time to activities linked to budget planning/management and administration of expenses. The OEE programme provides a platform to review the mandate and operating model of the Budget function, simplifying processes and enhancing capabilities while clarifying roles and responsibilities across the bank.

The Budget function needs to be re-focused to better support the Executive Committee and the Business in decisions on strategic resource needs. As a result, this change management role will be required to engage with and build strong and effective working relationships with senior staff across the Bank, as well as the Budget, IT, HR and the OEE teams.

Overview of the Role
The Budget function across the EBRD is being reviewed as part of a bank-wide Operational Effectiveness and Efficiency (OEE) programme. This is a short-term project and aims to create an enhanced Budget function by:

* Strengthening the link between planning and the budget process
* Clarifying the mandate with clearly defined roles and responsibilities
* Making more effective use of a scattered pool of resources
* Improving transparency and clarity of the budget process
Enhancing infrastructure, frameworks and tools to support decision-making

This role will oversee and manage the transformation project which is reviewing and delivering the new Budget Operating Model. The incumbent will be expected to provide strong intellectual input into the examination of options and finalisation of the eventual design of the model, and its implementation. The role will be supported by staff from the FSBP team and the individual will coordinate and work collaboratively with representatives from other teams such as HR, IT and the business.