JOB RESPONSIBILITY AND REQUIREMENTS
POSITION TITLE: Reporting Senior Associate
CATEGORY: Professional
WORK TYPE: Full time
DEPARTMENT: Finance Department
REPORTS TO: Finance Manager
CONTRACT TYPE: Fixed Term Contract
JOB DESCRIPTION AND OBLIGATIONS SUMMARY
The Turkic Investment Fund (TIF / the Fund) aims to become a catalyst for socio-economic development and integration across Turkic countries and a flagship institution advancing sustainability, intra-regional trade, and connectivity via investments across various sectors with a focus on debt financing, equity investments, and other structured/hybrid financial instruments.
The Reporting Senior Associate is responsible for the accurate, timely, and policy-compliant preparation of internal and external financial reports, management information packs, IFRS-aligned disclosures, analytical dashboards, and periodic submissions required by governance bodies, donors, regulators, and auditors. The role ensures that financial information is complete, consistent, and supported by adequate documentation and reconciliations, thereby safeguarding the reliability of the Fund’s financial data.
The Reporting Senior Associate supports the Finance Manager in the preparation of financial statements, IFRS disclosures, coordination with internal stakeholders for data collection, and liaison with auditors during interim and year-end procedures. The function provides high-quality analytical insights and reporting outputs to support effective financial oversight, strategic decision-making, and transparency across the organization.
The function interacts closely with the Accounting, Treasury, Financial Operations, and Investment Divisions, and is expected to identify/mitigate risks related to data quality, reporting accuracy, and timeliness throughout the reporting cycle. This role is central to ensuring that the Fund’s financial reporting meets international standards, internal policy requirements, and expectations of governance bodies.
MAIN DUTIES AND RESPONSIBILITIES
Financial Reporting and IFRS Disclosures
- Prepare periodic (monthly, quarterly, annual) financial statements in accordance with IFRS and the Fund’s internal accounting, reporting and other relevant policies.
- Prepare and maintain IFRS-compliant disclosures and notes, including those related to financial instruments, leases, provisions, fair value measurements, and other relevant accounting areas.
- Maintain reporting templates, schedules, and standard working papers; ensure consistency, traceability, and appropriate sign-offs for all reported figures.
- Ensure that reported information is supported by reconciled balances, appropriate documentation, and clear audit trails.
- Prepare inputs on financial results and disclosures for Board, Management Committee, and the Fund’s other stakeholders.
Management Reporting, Budgeting and Forecasting, Analytics and Stakeholder Support
- Prepare periodic management reports, dashboards, KPIs, and analytical summaries supporting internal decision-making and performance monitoring.
- Coordinate data collection across departments, verify accuracy, reconcile variances, and challenge anomalies where appropriate.
- Support annual budget preparation and periodic forecasting by coordinating departmental inputs, validating assumptions, consolidating submissions, and preparing supporting schedules.
- Develop and maintain budget-versus-actual reports, forecasts, cash-flow analyses and monitor budget execution by tracking commitments and expenditures, investigating variances with budget owners, and escalating potential overruns to ensure timely corrective actions and budget reallocations.
- Maintain budget structures (cost centers, budget lines, mapping to GL accounts) and ensure alignment between budget, actuals, and management reporting package.
- Support ad-hoc analysis requests from finance management and other stakeholders, providing clear explanations on financial results, trends, and drivers.
- Act as a reporting point-of-contact for internal stakeholders requiring financial information, data extracts, or analysis, while ensuring appropriate confidentiality and data governance.
- Support the preparation of periodic financial and statistical information required by international partners, regulators and, where applicable, rating agencies, and other counterparties.
Audit, Compliance and Controls
- Support interim and year-end external audit processes by preparing schedules, responding to auditor queries, and maintaining audit evidence.
- Ensure all reporting processes adhere to internal policies and procedures, IFRS principles, and external audit expectations.
- Perform GL-to-source reconciliations and ensure alignment of reported financial data with accounting records and treasury/operations inputs.
- Identify data inconsistencies and initiate corrective actions with relevant stakeholders, maintaining clear documentation of issues and resolutions.
- Uphold segregation of duties, four-eyes checks, review controls, and reporting governance frameworks.
- Retain audit trails, reconciliations, supporting documentation, and version-controlled working papers in accordance with internal control requirements.
- Assist in preparing and updating procedures, internal notes, memos, and submissions for review.
Systems, Tools and Process Improvements
- Work with ERP/TMS/BI and IT teams to enhance reporting capabilities, automate data flows, and strengthen reporting infrastructure.
- Contribute to the design, testing, and implementation of new reporting modules, templates, and dashboards (e.g., in ERP, TMS, or BI tools).
- Support integration of investment, treasury, operational, and administrative data into consolidated reporting views and dashboards, ensuring consistency of definitions and metrics.
- Maintain documentation of reporting processes, data flows, and system interfaces to support knowledge transfer and continuity.
- Implement process improvements to increase efficiency, reduce manual interventions, and mitigate reporting and operational risks.
EDUCATION AND PROFESSIONAL QUALIFICATIONS
- Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or related field (required).
- Relevant professional certifications such as ACCA/CPA/FMVA (full or part-qualified) are an asset.
- IFRS courses, advanced financial reporting certifications, or BI/data analytics coursework are desirable.
EXPERIENCE
- 4–6 years of experience in financial reporting, accounting, audit, or similar roles (preferably in IFI/DFI, MDB, financial institution, or international organization).
- Practical experience in preparing IFRS financial statements and disclosures.
- Exposure to ERP/TMS integrations (e.g., SAP, Oracle, Kyriba, Logo) and business intelligence/reporting tools is desirable.
- Experience coordinating with external auditors is considered as an asset.
SKILLS AND COMPETENCIES
- Strong knowledge of IFRS, financial reporting standards, and accounting processes.
- Robust analytical abilities with strong attention to detail, documentation discipline, and data integrity.
- Advanced Excel and other MS Office proficiency; strong literacy in BI/reporting tools (e.g., Power BI, Tableau, or similar).
- Ability to work with complex datasets and multi-source data inputs.
- High integrity, accuracy, and problem-solving ability under time pressure.
- Strong customer service orientation and ability to proactively identify improvements in reporting processes.
- Excellent communication and stakeholder-management skills; ability to collaborate effectively across teams.
- Excellent command of the English language. Knowledge of a Turkic language or other languages relevant to the Fund’s region is an advantage.
