Accounting and Budget Senior Associate or Associate

Accounting and Budget Senior Associate or Associate

FIN/ACC Accounting and Budget Senior Associate or Associate

Background: The Accounting Division is looking for an experienced, innovative, and team-oriented professional, with strong communication skills, for the Financial Instruments Accounting Group (FIA).

The team: We are responsible for the accounting, control, and reporting activities for (i) Loans and grants, (ii) Borrowings, (iii) Investments and (iv) Derivatives, ensuring compliance with established accounting policies and procedures.

What you’ll do:

Provide accounting, reporting and control services for loans and grants, borrowings, investments and derivatives.

Support the team with the Libor Transition Project.

Perform and verify reconciliations of subsidiary ledgers to ensure the accuracy and integrity of balances and transactions, and their proper interface with the general ledger.

Ensure all transactions conform to Bank policies and procedures and are properly registered.

Participate in the preparation of certain disclosures for the Bank’s Quarterly MD&A and Condensed Financial, as well as the preparation and review of the Bank’s Information Statement and Annual Report,

Identify deviation from US GAAP and/or Bank policies and procedures and recommend corrective action.

Participate in the planning and implementation of general ledger and subsidiary system changes to accommodate new transactions, change in regulations or new technology.

Maintain appropriate documentation of performed work for auditor’s review.

Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.

Education: You hold a Master’s degree (or equivalent level of education) in Finance, Accounting, or Business Administration. CPA (or local accreditation) may be considered in lieu of a Master’s degree, provided the candidate holds a Bachelor’s degree in the above-mentioned fields.

Experience: Minimum of six (6) years of recent experience in public accounting (preferably Big Four accounting firms), International Organizations or Financial Institutions.

Experience in financial reporting, establishing, and evaluating internal controls, analyzing accounting pronouncements, supporting external auditors, and reporting under U.S.

Generally Accepted Accounting Principles (U.S.

GAAP).

Advanced Excel skills and experience working with large data sets.

Familiarity with the Bank’s sub-ledger systems (Cassiopae and Summit) are highly desirable.

Languages: Oral and written fluency in English and Spanish is required.

Requirements:You must be a citizen of one of the IDB’s 48 member countries and have no family members currently working at the IDB Group.

Our culture: Our people are committed and passionate about improving lives in Latin-America and the Caribbean, and they get to do what they love in a diverse, collaborative and stimulating work environment.

We are the first Latin American and Caribbean development institution to be awarded the EDGE certification, recognizing our strong commitment to gender equality.

As an employee you can be part of internal resource groups that connect our diverse community around common interests.

Because we are committed to providing equal opportunities in employment, we embrace all diversity and encourage women, LGBTQ+, persons with disabilities, afro-descendants, and indigenous people to apply.

About us: At the IDB, we’re committed to improving lives.

Since 1959, we’ve been a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean.

We do more than lending though.

We partner with our 48-member countries to provide Latin America and the Caribbean with cutting-edge research about relevant development issues, policy advice to inform their decisions, and technical assistance to improve on the planning and execution of projects.

For this, we need people who not only have the right skills, but also are passionate about improving lives.

The IDB offers a competitive remuneration and benefits package.

Our team in Human Resources carefully reviews all applications.

Due to the current COVID-19 pandemic and its implications for our Region, the IDB Group is reviewing its hiring needs and re-prioritizing its areas of talent acquisition.

We encourage candidates to continue to apply to the active postings, yet current job openings may be subject to further decisions in terms of timing of the processes, or other actions, in accordance with business needs.

Final hiring decisions may also be conditioned to the candidate’s ability to timely relocate to the post of duty at the moment of starting service.

In the event, the selected candidate cannot relocate to the post of duty, the start date may have to be postponed or temporary work agreement ratified, ad-hoc, in accordance with business needs and applicable policies, with the view of having the candidate physically present in the post of duty by July 1 at the latest, should travel regulations permit it.

Additional Information

• External Opening Date: Dec 15, 2021
• External Closing Date: Jan 5, 2022
• External Contact Email: hrsc@iadb.org
• External Contact Name: HR Service Center