Budget Associate / Analyst (Base in Beijing) - Asian Infrastructure Investment Bank in London
Budget Associate / Analyst (Base in Beijing) - Asian Infrastructure Investment Bank

Budget Associate / Analyst (Base in Beijing) - Asian Infrastructure Investment Bank in London

London Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support budget planning, execution, and reporting for sustainable infrastructure projects.
  • Company: Join the Asian Infrastructure Investment Bank, a leader in sustainable development.
  • Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
  • Why this job: Make a real impact on infrastructure that promotes sustainability and regional connectivity.
  • Qualifications: Master's degree in finance or related fields; experience in budgeting or financial planning.
  • Other info: Collaborative team culture with a commitment to diversity and inclusion.

The predicted salary is between 28800 - 48000 £ per year.

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing infrastructure for tomorrow in Asia and beyond - infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 111 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the 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 investment operations (non-treasury), including environmental, social, procurement, and financial management; and developing and monitoring the Bank's Business Plan and Budget to implement the Bank's Corporate Strategy and manage the Bank's administrative budget to support the implementation of the business plan and ensure judicious use of resources.

SPB is hiring a Budget Associate/Analyst who will work closely with other team members in assisting Management to strategically plan and manage AIIB's budgetary resources to support the implementation of AIIB's Corporate Strategy and business priorities.

Responsibilities:

  • Support the full budget cycle, including annual planning, execution monitoring, adjustments and reallocations, reporting, and control of administrative and capital budgets; and support senior management and Board discussions; and partner with Business Units.
  • Provide analytical and project management support for strategic resource planning and budgeting activities, including data validation, trend analysis, preparation of presentations, and coordination of timelines, inputs, and deliverables.
  • Drive business process improvement and system optimization (including SAP SAC, SAP S4HANA, and cost accounting and related systems/data platforms) by gathering requirements; facilitating workshops; preparing data and reports; collaborating with IT and vendors for the implementation of system enhancements, new reports, and dashboards; and ensuring data quality.
  • Contribute to topical budget tasks, such as expenditure reviews, resourcing model, policy/procedure updates, productivity and benchmarking analysis, and knowledge management and capacity building, including identifying best practices and opportunities for resource optimization from peer analysis or benchmarking.
  • Participate in corporate projects aimed at improving cost efficiency and operational effectiveness for the Bank.
  • Respond to ad-hoc requests and provide timely support to stakeholders across the organization.

Requirements:

  • Master's degree or equivalent in business administration, finance, accounting, economics, business analytics, or related fields from a recognized university. Professional certifications (e.g., CPA, ACCA, CIMA, CFA) are a plus.
  • Minimum two years of relevant experience for the Analyst role and three to five years for the Associate role in budgeting, financial planning, accounting, or related roles in the financial services industry, consulting firms serving financial institutions, or a complex multinational company.
  • Proficiency in Excel and PowerPoint required. Experience with SAP or similar systems is an advantage.
  • Solid understanding of budget management and its connection to operations, finance, and business planning.
  • Excellent written and verbal communication skills in English.
  • Strong analytical and problem-solving skills.
  • Ability to work collaboratively in a team environment, take initiative, and manage multiple tasks under tight deadlines.
  • Detail-oriented, with a mindset for continuous improvement.

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.

ALL CURRENT VACANCIES * 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.

Budget Associate / Analyst (Base in Beijing) - Asian Infrastructure Investment Bank in London employer: Asian Infrastructure Investment Bank

The Asian Infrastructure Investment Bank (AIIB) is an exceptional employer, offering a dynamic work environment in Beijing that fosters collaboration and innovation. With a strong commitment to sustainability and diversity, AIIB provides employees with opportunities for professional growth through engaging projects that impact infrastructure development across Asia. The supportive culture encourages continuous improvement and values diverse perspectives, making it an ideal place for those seeking meaningful and rewarding careers in finance and budgeting.
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Contact Detail:

Asian Infrastructure Investment Bank Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Budget Associate / Analyst (Base in Beijing) - Asian Infrastructure Investment Bank in London

✨Tip Number 1

Network like a pro! Reach out to current or former employees at AIIB on LinkedIn. A friendly chat can give us insider info and maybe even a referral!

✨Tip Number 2

Prepare for the interview by diving deep into AIIB's mission and recent projects. Show us you’re not just another candidate, but someone who genuinely cares about sustainable infrastructure.

✨Tip Number 3

Practice your analytical skills! Be ready to discuss how you've tackled budgeting challenges in the past. We want to see your problem-solving prowess in action.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re serious about joining the team.

We think you need these skills to ace Budget Associate / Analyst (Base in Beijing) - Asian Infrastructure Investment Bank in London

Budget Management
Financial Planning
Analytical Skills
Project Management
Data Validation
Trend Analysis
Presentation Preparation
SAP SAC
SAP S4HANA
Cost Accounting
Communication Skills
Problem-Solving Skills
Detail-Oriented
Continuous Improvement Mindset
Team Collaboration

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Budget Associate/Analyst role. Highlight your relevant experience in budgeting and financial planning, and show how your skills align with AIIB's mission of sustainable infrastructure.

Showcase Your Analytical Skills: Since this role involves a lot of analytical work, don’t forget to mention specific examples where you've used your analytical skills in budgeting or financial management. We want to see how you can contribute to improving cost efficiency!

Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where necessary to make it easy for us to read. Remember, we’re looking for detail-oriented candidates who can communicate effectively!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details you need about the role and our values there!

How to prepare for a job interview at Asian Infrastructure Investment Bank

✨Know Your Numbers

As a Budget Associate/Analyst, you'll be dealing with numbers all day. Brush up on your financial concepts and budgeting principles. Be ready to discuss how you've managed budgets in the past and any tools you've used, like Excel or SAP.

✨Showcase Your Analytical Skills

The role requires strong analytical abilities, so prepare examples of how you've used data to drive decisions. Think about specific projects where your analysis led to improvements or cost savings, and be ready to share these stories.

✨Understand AIIB's Mission

Familiarise yourself with AIIB's mission and values, especially their focus on sustainable infrastructure. Be prepared to discuss how your skills and experiences align with their goals and how you can contribute to their strategic agenda.

✨Prepare for Teamwork Questions

Collaboration is key in this role. Think of instances where you've worked in teams, particularly in high-pressure situations. Be ready to explain your role, how you contributed, and what the outcomes were, showcasing your ability to work well with others.

Budget Associate / Analyst (Base in Beijing) - Asian Infrastructure Investment Bank in London
Asian Infrastructure Investment Bank
Location: London
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