At a Glance
- Tasks: Manage loan accounting, enhance operational workflows, and support financial reporting.
- Company: Join the Asian Infrastructure Investment Bank, a leading multilateral development bank.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Why this job: Make a real impact on sustainable infrastructure investments across Asia.
- Qualifications: 3+ years in finance, degree in accounting or finance, and strong analytical skills.
- Other info: Diverse and inclusive workplace committed to sustainability and innovation.
The predicted salary is between 36000 - 60000 £ per year.
Overview management systems to enhance efficiency and strengthen operational and accounting workflows. The Finance Associate will contribute to loan accounting and reporting activities, support sovereign debt servicing and non-sovereign cost recovery processes, and take initiative in process automation and workflow optimization to enhance overall cost efficiency.
Responsibilities
- Perform loan accounting activities, ensuring ledger accuracy and compliance with relevant accounting policies and standards.
- Conduct monthly and quarterly reconciliations, and prepare required accounting adjustments.
- Prepare financial disclosure notes, and support variance analysis and management reporting for Investment Operations portfolios.
- Conduct project-level accounting reviews from both loan accounting and debt servicing perspectives.
- Develop and update procedures related to debt servicing, accounting, and reporting to improve operational efficiency.
- Identify and implement process improvement opportunities to streamline loan operations and strengthen internal controls.
- Support the implementation, enhancement, and testing of loan management systems and related digital tools.
- Prepare analytical insights and management reports on loan portfolios and financial performance.
- Provide backup support for other activities conducted by the Loan Accounting and Reporting teams as needed.
Requirements
- At least 3 years of relevant experience in a multilateral development bank, with a focus on sovereign financing operations and/or loan accounting.
- Bachelor's degree in accounting, finance, or a related discipline.
- Professional certification (CPA, ACCA, CFA, or equivalent) will be an asset.
- High integrity and professionalism, with strong self-motivation and the ability to manage multiple priorities and meet deadlines.
- Exceptional attention to detail and a strong commitment to accuracy.
- Effective communication abilities with strong analytical and problem-solving skills.
- High proficiency in written and spoken English.
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. Join in AIIB's mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond. Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.
Closing Date: All opportunities close at 11:59 p.m. (GMT+8) on the dates listed.
Job Type: Recruitment of staff is conducted through a merit-based competitive selection process. AIIB shall strive to provide employment opportunities open to all suitably qualified applicants, regardless of religion, gender, race, disability, sexual orientation or nationality.
Finance Associate, Loan Management (Base in Beijing) in City of Westminster employer: Asian Infrastructure Investment Bank
Contact Detail:
Asian Infrastructure Investment Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Associate, Loan Management (Base in Beijing) in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who have experience with multilateral development banks. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by diving deep into the company’s mission and values. Understand how your skills in loan accounting and financial reporting can contribute to their goals. This shows you’re not just another candidate; you’re genuinely interested in making an impact.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation. It keeps you on their radar and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Finance Associate role. We love seeing candidates who take the initiative to engage directly with us. Plus, it makes tracking your application easier!
We think you need these skills to ace Finance Associate, Loan Management (Base in Beijing) in City of Westminster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Associate role. Highlight your relevant experience in loan accounting and any specific projects you've worked on that align with the job description. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit. Don’t forget to mention any process improvement initiatives you've led, as we love candidates who take the initiative.
Showcase Your Attention to Detail: Given the nature of the role, it's crucial to demonstrate your attention to detail. Make sure there are no typos or formatting issues in your application. We appreciate candidates who take pride in their work and ensure accuracy in everything they do.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us without any hiccups. Plus, it shows you're serious about joining our team at StudySmarter!
How to prepare for a job interview at Asian Infrastructure Investment Bank
✨Know Your Numbers
Brush up on your financial knowledge, especially around loan accounting and reporting. Be prepared to discuss specific accounting policies and standards relevant to the role, as well as any experience you have with reconciliations and variance analysis.
✨Showcase Your Process Improvement Skills
Think of examples where you've identified and implemented process improvements in previous roles. Be ready to share how these changes enhanced efficiency or accuracy, particularly in loan operations or accounting workflows.
✨Demonstrate Your Analytical Mindset
Prepare to discuss how you approach problem-solving and analysis. Bring examples of how you've used analytical insights to support management reporting or improve financial performance in past positions.
✨Communicate Clearly and Confidently
Effective communication is key in this role. Practice articulating your thoughts clearly, especially when discussing complex financial concepts. Remember, it's not just about what you say, but how you say it!