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The Analyst will work with the team responsible for EU funds in the Western Balkans. The role reports to the Principal II, EU Partnerships and works closely with all colleagues in EU Partnerships, Donor Partnerships, the wider Client Services Group, and other Departments, including Resident Offices in the Western Balkans.
The main purpose of the role is to assist with the financial management of the resources of the European Western Balkans Joint Fund (EWBJF), a multi-donor fund and the main source of grant financing under the Western Balkans Investment Framework (WBIF), as well as EU grant funds secured for deployment in the Western Balkans. The WBIF is a joint initiative of the EU, financial institutions, bilateral donors and beneficiaries, which coordinates and finances priority investments for the socio-economic development of the region.
Accountabilities & Responsibilities
The Analyst will take responsibility for the following tasks:
European Western Balkans Joint Fund (EWBJF)
• Provide day-to-day financial management of the EWBJF including to forecast IFI disbursement needs for the EU, request payments and process transfers of funds to other IFIs responsible for implementing approved WBIF grants.
• Act as the gatekeeper for all EWBJF financial data ensuring a harmonised approach across all external and internal reporting products at grant and portfolio level including WBIF Annual Report, Summary Implementation Report and Annual/Final Implementation Reports.
• Prepare financial analysis and reporting in line with EWBJF rules, including quarterly financial updates and annual unaudited and audited financial data to WBIF governance bodies;
• Monitor and manage information requests and reporting submissions. Compile and process reporting data.
EBRD Grant Portfolio in the Western Balkans
• Monitor and report on the implementation of the EBRD’s WBIF and EU Western Balkans portfolio. Prepare materials for bi-annual portfolio review, milestone meetings and Steering Committees with the EC/EU Delegations.
• Track the disbursement of EU funds in SAP across countries and sectors. Support internal teams on matters related to earmarks, bank accounts and other fund management tasks;
• Process financial queries and reconcile data for EU funds contracted with EU Delegations/Offices in the Western Balkans;
• Facilitate the signing of, and ensure circulation and appropriate filing of, Contribution Agreements/Addenda/WBIF Grant Application Forms.
• Facilitate document requests during monitoring visits/external audits by the European Commission and other EU entities;
• In partnership with the Principal Manager II and other colleagues, develop and foster the network of contacts at an operational level with key interlocutors in Brussels, EU Delegations and across the Bank on EU related matters.
Knowledge, Skills, Experience & Qualifications
• Master’s degree.
• Experience in the relevant areas of expertise (such as business administration, international relations, development, economics or finance) and/or CFA is desirable.
• Relevant experience from an international financial institution, other international organisation, or in the private sector.
• Thorough understanding of the Bank’s business model, strategies, policies and organisation.
• Knowledge of and strong interest in the functioning of the EU institutions.
• Proven strong analytical skills are critical with the ability to summarise data and information.
• Computer literacy, conversant with Microsoft Office.
• Ability to work effectively as a team member, to deadlines and under time pressure.
• Excellent written and oral communication skills in English. Additional languages desirable.
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:
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