Budget Associate (Based in Beijing) Asian Infrastructure Investment Bank, Sydney, Australia Posted: 7 hours ago | Type: Permanent | Salary: Competitive
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond, with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by major international credit rating agencies. Collaborating with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled, and promotes regional connectivity.
AIIB's Strategy, Policy and Budget (SPB) Department is responsible for:
Developing and monitoring the implementation of the Bank's strategic agenda;Developing and overseeing compliance with the Bank's operational policies and procedures for the Bank's infrastructure investment operations (non-treasury), including environmental, social, procurement, and financial management;Developing and monitoring the Bank's annual Business Plan and Budget to implement the Bank's corporate strategy and manage the Bank's administrative budget to support the implementation of the annual business plan and ensure judicious use of resources.SPB requires a Budget Associate who will work closely with other members of the SPB Budget team in assisting Management to strategically plan and manage AIIB's budgetary resources to support the implementation of AIIB's Corporate Strategy and business priorities.
The Budget Associate will be responsible for supporting the entire budget management process to ensure resources are effectively directed toward strategic priorities and executed in the most efficient way. The Budget Associate will participate in or lead key projects or proposals to assist Management's decision-making and improve the Bank's process in strategic resource planning and allocation.
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 the cost of different types of business and assist in strategic resource planning, including cost tracking, cost allocation, management reports, system improvements, and data quality;Help improve budget controls and reporting through process improvements and optimization of 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, e.g., reviewing major expenditure, benchmarking, long-term cost projection. #J-18808-Ljbffr