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YOUNG PROFESSIONAL, FINANCE, BUDGET AND ACCOUNTING (1353) [SHANGHAI]   DETAILS

JOB NAME

Young Professional, Finance, Budget and Accounting (1353) [Shanghai]


POSTED BY: New Development Bank (BRICS)
REF:ND 90
Date Published:21 June 2023
Date of Expiration:18 December 2023 EXPIRED
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LOCATION OF THIS JOB
 China |  SHANGHAI in China
INDUSTRY
DEVELOPMENT FINANCE INSTITUTIONS
JOB TYPE
Full-Time
MAIN JOB DESCRIPTION
Requisition ID 1353
Posted 06/14/2023
Closing on: July 5, 2023 at 11:59pm (China Standard Time)
Based in: Shanghai, China
Target Market: Global recruitment

PURPOSE OR ROLE
1. Under the leadership and guidance of the Director General and Chiefs in Finance, Budget and Accounting Department, and other experienced professionals, who will be assigned as mentors, the Young Professional will multitask and gain valuable on-the-job experience.
2. The position will primarily be responsible for coordination and execution of disbursements and accounting after loan signing, and providing advice, guidance and inputs on NDB policies, procedures and guidelines from the disbursement perspectives.
3. This role is placed with the Finance, Budget and Accounting Division.

SPECIFIC RESPONSIBILITIES include but not limited to:
1. Implement loan/grants/equity disbursements, debt service and loan/grants/equity accounting procedures in line with the internal controls on accounting transactions.
2. Contribute to the improvement of disbursements, debt service and loan/grants/equity accounting functions of the Bank.
3. Coordinate with related internal stakeholders of the Bank the development of loan/grants/equity disbursement, debt service and loan/grants/equity accounting guidelines and procedure.
4. Support on automation of disbursement, debt service and loan/grants/equity accounting procedure and support IT implementation of a computerized loan/grants/equity management and accounting system; participate in its testing and improving.
5. Assist in developing the professional training module for various stakeholders of the Bank on the execution of disbursement and debt service procedures.
6. Support on continuous process improvement of the loan management cycle.
7. Work in close coordination with the Operation, Treasury and Legal Divisions and Borrowers during and after disbursement of loans.
8. Other duties and responsibilities assigned from time to time.
REQUIREMENTS FOR THIS JOB
1. Minimum of 3 years of relevant professional experience in handling loan management including disbursements for public and/or private sector clients in a multilateral development bank or equivalent or regulated private sector financial institution.
2. Knowledge of financial service sector, infrastructure sector, financial accounting principles, financial reporting standards and their applications within the different member countries is desirable. Prior experience of implementing technology for efficient financial planning/loan disbursement is a pre-requisite.
3. Experience of dealing with external stakeholders (Regulators, Auditors, Borrowers, Government Officials) is desirable.
4. Knowledge of banking systems and applications.
5. Exceptional problem solving, communication and interpersonal skills with high resilience and drive in achieving objectives and goals.
6. Ability to plan and coordinate schedules in order to meet deadlines.
7. Analytical and systematic with strong numerical skills and attention to detail.
8. Relevant experience in a multi-cultural work environment fostering a climate of teamwork and collaboration.
9. Master’s Degree or equivalent in a relevant professional field from a reputed university or a professional qualified accountant.


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