EBRD
Associate, Payroll Accounting
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Requisition ID 36908
Office Country United Kingdom
Office City London
Division Finance - Strategy, Planning & Control
Contract Type Regular
Posting End Date 30/07/2026
Purpose of Job
The Associate Payroll Accountant executes the end-to-end accounting for the EBRD’s payroll and provides critical analytical support to the Position Management function. This role ensures the accuracy of the General Ledger by managing reclassifications, external recharges, and collaborating with HROD to resolve data issues, while acting as a key partner for HROD and Finance Business Partners on position governance.
Please note that there are two vacant positions available for this role.
Accountabilities & Responsibilities
- Manage the month-end payroll accounting cycle, preparing and posting all journals and accruals to ensure labour expenses reflect the true organisational structure.
- Collaborate daily with People Operations and the HROD Payroll team to troubleshoot and resolve data discrepancies, ensuring payroll can be accurately booked into the General Ledger.
- Administer the payroll reclassification & recharge processes, including maintenance of master data and assurance that costs are accurately identified and recovered according to specific funding agreements.
- Ensure accuracy and integrity of the balance sheet for payroll related activities.
- Maintain and update all payroll posting schemas and reclassification rules, ensuring that logic within the accounting engine correctly maps payroll outputs to the appropriate cost centres.
- Resolve position management queries from HROD and Finance Business Partners, providing guidance on position availability, budget alignment, and data hierarchy.
- Support the Principal, Position Management by analysing the position population and impacts to payroll accounting outcomes.
- Develop training materials and FAQs for Line Managers to improve the quality of data at the point of entry and reduce month-end errors.
- Coordinate small-scale process improvements to the integration between HRIS and the General Ledger to enhance automation and accuracy.
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This job description is not limited to the responsibilities listed and the incumbent may be requested to perform other relevant duties as required by business needs.
Knowledge, Skills, Experience & Qualifications
- Qualifications: A recognized professional accounting qualification (e.g., ACCA, CIMA, CPA, AAT Level 4) OR equivalent substantial experience in a payroll accounting or financial control environment.
- Technical Expertise: Advanced understanding of cost recharging and the ability to manage complex data reclassification and mapping rules.
- Analytical Ability: High proficiency in Excel for manipulating large datasets and performing "position vs. budget" variance analysis.
- Stakeholder Engagement: Strong communication skills with the ability to work cross-functionally with People Ops and Business Partners to resolve technical issues.
- Experience: Proven experience in a role requiring high-volume reconciliations and a working knowledge of headcount governance or position management.
What is it like to work at the EBRD? / About EBRD
Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people's lives and help shape the future of the regions we invest in.
At EBRD, our Values – Inclusiveness, Innovation, Trust, and Responsibility – are at the heart of how we work. We bring these to life through our Workplace Behaviours: listening well and speaking up, collaborating smartly, acting decisively with full commitment, and simplifying to amplify our impact. These principles shape our culture and define our success. We seek individuals who not only share these values but are also committed to embedding them in their daily work, fostering a positive and high-performing environment.
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The EBRD environment provides you with:
- Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in.
- A working culture that embraces inclusion and celebrates diversity. Our workforce reflects a broad range of backgrounds, perspectives, and experiences, bringing fresh ideas, energy, and innovation and enhancing our ability to serve our clients, shareholders, and counterparties effectively.
- A hybrid workplace that offers flexibility to teams and individuals; that is based on trust, flexibility and connectedness.
- An environment that places sustainability, equality and digital transformation at the heart of what we do.
- A workplace that prioritises employee wellbeing and provides a comprehensive suite of competitive benefits.
Diversity is one of the Bank’s core values which are at the heart of everything it does. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, gender identity, sexual orientation, age, socio-economic background or disability.
Please note, that due to the high volume of applications received, we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted (for further consideration).
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