Trainee

il y a 1 semaine

Luxembourg European Investment Fund Temps plein

**EIF Posting**:
The **European Investment Fund** (EIF) is seeking to recruit for its** **_Procurement Unit of the Financial Services_**,** **at its headquarters in **Luxembourg, **a **Trainee - Procurement**

Duration: 5 months & **Starting date: October 2024**

**_ Specific Post Environment:_**

The Expenses Accounting and Monitoring Division is part of Chief Finance Office. The main objective of the division is to be responsible for the full Procur-to-Pay cycle where we are accountable for preparing the budget, challenging and assisting in the procurement requests, monitoring the budget consumption, controlling the expenditures and ensuring accurate and complete recording of all EIF operating and employee expenses.

**_ Overall objective:_**

Your overall objective will be to:

- actively participate to the development and implementation of a cost benefit analysis to support the Financial Analysis in order to enhance the control function within the division.
- contribute to the resolution and closure of audit action points within the procurement unit thereby coordinating with various departments, tracking progress, and reporting on the status of audit points.

**_ Responsibilities_**:
Under the guidance of the senior of the team, you shall:

- Understand the procurement activity of a public institutions.
- Review and understand audit report to identify action items.
- Assist in gathering and analysing data to support cost control initiatives

**_
Expected outcome:_**
- Assist, Follow up and close of specific AAPs.
- Support Cost Control Budget Unit with Financial analysis, variance analysis and annual COP Exercise-related activities.
- Develop a new cost benefit analysis template with focus on procurement request and in order to improve cost control function.

**_ Qualifications:_**
- University degree (or on-going studies) in Business Administration, Finance, Business Intelligence, Computer Science, Applied Mathematics, lawor similar discipline
- Relevant coursework in auditing, compliance and data analysis would be an advantage.
- Knowledge of audit principles and practices.
- Strong analytical and numerical skills
- Excellent knowledge of written and spoken English. Good command of another EU language would be an advantage.

**_ Competencies:_**
- Ability to work under pressure and meet deadlines.
- Good communication skills - both written and oral.
- Quality focus and high level of accuracy in data analysis.
- Strong sense of ethics with the ability to keep sensitive information confidential.
- Strong ability to organize and follow up on tasks with colleagues across the institution.
- Ability to quickly learn new concepts, tools, and methodologies.
- Excellent team-working abilities.

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