At a Glance
- Tasks: Support loan accounting, reporting, and process automation 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 projects that promote sustainability and regional connectivity.
- Qualifications: 3+ years in finance or loan accounting; degree in relevant field required.
- Other info: Be part of a diverse team committed to transparency and inclusion.
The predicted salary is between 36000 - 60000 £ 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.
The Loan Management team supports operations across the full life cycle of the Bank’s investment portfolio, including project preparation, disbursements, billing, collections, arrears management, loan accounting, and reporting. The team also plays a key role in designing and implementing innovative technology solutions, end-to-end digital processes, and integrated loan 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.
- 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.
Finance Associate, Loan Management (Based in Beijing, China) employer: Devex
Contact Detail:
Devex Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Associate, Loan Management (Based in Beijing, China)
✨Tip Number 1
Network like a pro! Reach out to people in the finance and loan management sectors, especially those connected to 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 researching AIIB’s mission and values. Understand their focus on sustainability and technology in infrastructure. Tailor your answers to show how your experience aligns with their goals – it’ll make you stand out!
✨Tip Number 3
Showcase your skills in process automation and workflow optimisation. Bring examples of how you've improved efficiency in past roles. This will demonstrate your proactive approach and fit for the Finance Associate position.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Finance Associate, Loan Management (Based in Beijing, China)
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 sovereign financing operations, and don’t forget to showcase any professional certifications you have!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about sustainable infrastructure and how your skills align with AIIB's mission. Keep it concise but impactful.
Showcase Your Analytical Skills: Since the role involves financial reporting and variance analysis, be sure to mention specific examples of how you've used your analytical skills in past roles. Numbers speak volumes!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Devex
✨Know Your Numbers
Make sure you brush up on your financial knowledge, especially around loan accounting and sovereign financing operations. Be prepared to discuss specific examples from your past experience that demonstrate your expertise in these areas.
✨Showcase Your Analytical Skills
Since the role involves preparing analytical insights and management reports, think of instances where you've successfully used your analytical skills to solve problems or improve processes. Bring these examples to the interview to highlight your capabilities.
✨Understand AIIB's Mission
Familiarise yourself with AIIB’s mission and values, particularly their focus on sustainable infrastructure. Being able to articulate how your personal values align with theirs will show that you're not just a fit for the role, but also for the organisation.
✨Prepare Questions
Have a few thoughtful questions ready about the Loan Management team and their current projects. This shows your genuine interest in the position and helps you assess if the company culture aligns with your expectations.