Budget Officer (Associate) (Based in Beijing, China)

Job Description

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 110 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

1. developing and monitoring the implementation of the Bank’s strategic agenda;
2. developing and overseeing compliance with the Bank’s operational policies and procedures for the Bank’s infrastructure investment operations (non-treasury), including environmental, social, procurement and financial management; and
3. 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 looking for a Budget Officer (Associate) who will work closely with other members of SPB Budget team in assisting Management to plan and manage AIIB’s budgetary resources to support the implementation of AIIB’s Corporate Strategy and business priorities, with an emphasis on enhancing data-driven planning and decision-making.

Specific responsibilities include, but are not limited to:

• Support the full cycle of budget management, including annual planning, monitoring, reporting, and controlling of the Bank’s administrative and capital budgets
• Maintain and enhance quantitative model(s) for budget and staffing projections; develop functional metrics; conduct scenario analysis and inform strategic resource planning; maintain and enhance budget-related indicators in Corporate Scorecard and elsewhere.
• Build and maintain high-quality datasets integrating internal and external sources (e.g., time-recording, cost accounting, benchmarks), and provide insights into cost dynamics across various operational dimensions.
• Provide budget and cost-related analysis and insights to support budget management related tasks, e.g., guidance for annual planning, expenditure review, policy/procedure review, etc.,
• Work closely with business units to review resource requirements and refine functional metrics, ensuring alignment with corporate priorities and operational needs.
• Lead initiatives to improve and automate data analytics and reporting processes, including collaboration with IT and related departments on system enhancements and dashboard development.
• Support the running of an internal management committee, and represent the SPB Budget team in cross-functional projects, respond to ad hoc requests, and regularly engage stakeholders on budget and resource matters.

• Minimum of a Bachelor’s degree in finance, accounting, economics, management or relevant fields from a reputable university. A Master’s degree is an advantage.
• Minimum 3-5 years (for Associate) or 5-8 years (for Officer) of experience in data analytics and/or financial planning and analysis, accounting/auditing within multilateral development banks (MDBs), global consultancy firms, or financial services industry.
• Advanced statistical and analytical capabilities, including proficiency in predictive analytics.
• Demonstrated ability to build and analyze large datasets, synthesize complex information, and translate findings into actionable insights and strategic recommendations.
• Passionate about international development, with a reasonable understanding of the MDB business model and its core activities in the context of business planning and budgeting
• Solid understanding of financial and management accounting principles.
• Enjoy working in a highly motivated team that continuously strives for excellence.
• Strong written and verbal communications skills in 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

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.

Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment.

About the Organization

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 110 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.