We improve lives

The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.

About this position

We are looking for an experienced, dedicated, and team-oriented accounting professional to join our team. You will participate in (i) preparing the monthly, quarterly, and annual financial statements for the IDB’s main funds, ensuring the Bank’s compliance with standards established by authoritative accounting standards setters in the United States, (ii) reconciliation/analyses of cash, fixed assets and payroll transactions, as well as (iii) general administrative accounts accrual/expense analyses.

You will work in the Main Funds Financial Reporting, Cash and Administrative Accounts Group (MFG), part of the Accounting Division within the Finance Department. The MFG team prepares the Bank’s Main Funds (Ordinary Capital and IDB Grant Facility) financial statements; oversees the accounting activities for payroll, fixed assets, administrative accounts and cash reconciliations; manages the General Ledger system; and coordinates the preparation of the Bank’s sustainability report.

What you’ll do

• Participate in preparing monthly, quarterly, and annual financial statements in compliance with U.S. GAAP.
• Analyze financial data to identify trends.
• Identify gaps based on best practices and recommend changes to the Bank's financial reporting procedures to improve the accounting and reporting process.
• Collaborate with internal/external auditors.
• Prepare ad-hoc financial/accounting/sustainability reports, analyses, and reconciliations as required.
• Assist in the financial reporting process and other projects, as requested by the Head of MFG or the Chief of the Accounting Division.
• Participate in the cash reconciliation process, perform research and assist on the disposition of adjustments, including coordinating with other departments of the Bank and country offices.
• Perform analyses and reconciliations of certain administrative accounts, fixed assets, payroll and pension-related accounts, including the preparation of routine periodic journal entries in the General Ledger.

What you'll need

• Education: A master’s degree in accounting, business administration or finance is required. In lieu of a Master's degree, a bachelor’s degree in accounting, business administration or finance and additional certifications such as the Certified Public Accountant (CPA) and Affiliation of the Chartered Certified Accountants (ACCA) designation will be considered.
• Experience: At least two years of progressive experience in financial/multilateral institutions and/or Big Four accounting/auditing firms. Expertise in accounting and financial reporting for financial institutions and their operations, establishing and evaluating internal controls and operational risks, analyzing accounting pronouncements, supporting external auditors, reporting under U.S. GAAP, and experience in sustainability reporting. Strong experience and solid knowledge in cash and accounts reconciliations and/or preparing financial statements and other aspects of a complex financial reporting process, including interfaces with electronic accounting information systems (sub-ledgers). Knowledge of Blackline Accounting software, as is experience working with SAP (Financial Module) and Microsoft Excel, is highly desirable. Knowledge of tools such as Power BI, Power Automate, Microsoft Access, SQL, or other analytic and visualization systems is strongly desired.
• Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of the other Bank's official languages (French or Portuguese) is preferable.

Requirements

• Citizenship: Must be eligible to work in job location(s) without the need for sponsorship.
• Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.

Location

The position can be based in any of the following countries: Argentina, Brasil, Colombia, Paraguay, Peru or Uruguay.

Type of contract and duration

• Local Remote Staff: National staff contract under a fully remote modality, 36 months. This contract is part of a program to hire staff to work fully remotely (not office-based). The program is set to expire at the end of 2028 and it may be extended, if successful.

What we offer

The IDB group provides benefits that respond to the different needs and moments of an employee's life. These benefits include:

• A competitive compensation package, including an annual base salary expressed on a net-of-tax basis.
• Leaves and vacations: 24 days of paid time off + 8 personal days + sick leave + gender-neutral parental leave.
• Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program that covers medical, dental, vision,preventive care, and prescription drugs.
• Pension plan: defined benefit pension plan that provides financial security and support employees in planning for their future.
• Fully remote modality.
• Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
• Development support: We offer tools to boost your professional profile, such as mentoring, 1:1 professional counseling, training and learningopportunities, language classes, mobility options, among others.
• Allowance:one-time non-pensionable allowance to support the purchase of equipment, office set-up and computer maintenance.

Our culture

At the IDB, we work so everyone brings their best and authentic selves to work while finding their purpose. Our people consistently strive for excellence, and we recognize and celebrate the impact of their contributions.

In our efforts to drive innovation, we intentionally include all voices, cultivate a sense of belonging and champion fairness. We welcome individuals from underrepresented groups to join us and share their unique perspectives.

We ensure that individuals with disabilities are provided reasonable accommodations to participate in the job interview process. If you require an accommodation to complete this application, please email us at accommodations@iadb.org.