Senior Budget Officer

Job description / Role

About AIIB

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 USD 100 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.

Department Overview

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.

Position Summary

SPB is hiring a (Senior) Budget Officer 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; support senior management and Board discussions; and partner with Business Units.
• Lead or contribute to improvements in strategic resource allocation by developing planning concepts, mechanisms, incentives, and metrics to enhance the Bank's operational efficiency and effectiveness; strengthen existing budgeting frameworks; and support strategic discussions on the Bank's staffing plans, global/local presence, and multiyear budget planning.
• Deliver specialized budget tasks or drive topical discussions on the Bank's resource management, such as major expenditure reviews, resourcing models, 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.
• Drive enhancements in budget controls and management reporting through collaboration on process improvements and system optimization (including SAP SAC, SAP S4HANA, and related platforms across planning, execution, and reporting).
• Represent the budget team in corporate projects aimed at advancing cost efficiency and operational effectiveness.
• Provide expert advice on budget matters, and respond to ad-hoc requests from stakeholders, including senior management, 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 five years of experience for the Officer role and 10 years for the Senior Officer role, with a proven track record in budgeting, financial and strategic planning, cost and financial accounting, and working with financial systems in international financial institutions / multilateral development banks, private-sector financial services industry, consulting firms serving financial institutions, or a complex multinational company.
• Advanced proficiency in Excel, PowerPoint, and analytical tools.
• Strong understanding of financial planning and analysis and budget management and their connection to operations, financial results, and business planning.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills in English, with experience preparing materials for senior management and high-level discussions.
• Collaborative team player, showing initiative and a mindset for continuous improvement.
• Strong interpersonal skills, with the ability to manage diverse stakeholders and build consensus.

Diversity and Inclusion

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 Us

Join 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.

Additional Information

Recruitment of staff is conducted through a merit-based competitive selection process. AIIB strives to provide employment opportunities open to all suitably qualified applicants, regardless of religion, gender, race, disability, sexual orientation, or nationality.