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 a an experienced, innovative, and team-oriented Accounting & Budget Associate or Senior Associate. You will work in the Financial Instruments Accounting Group (FIA). The team is 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.
• 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 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 deviations 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.

What you'll need

• Education: Master’s degree (or equivalent advanced degree) 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: At least 3 years of progressive experience in public accounting (preferably with Big Four accounting firms), International Organizations, or Financial Institutions. 
• Technical Skills:
  • Financial reporting and preparation of complex financial statements.
  • Establishing and evaluating internal controls.
  • Analyzing and interpreting accounting pronouncements.
  • Supporting external audit processes.
  • Reporting under U.S. Generally Accepted Accounting Principles (U.S. GAAP).
  • Advanced proficiency in Microsoft Excel and experience working with large datasets.
  • Familiarity with the Bank’s sub-ledger systems (Cassiopae and Summit), SAP financial module, and AI-based financial platforms are highly desirable.
  • Experience in the use of Power BI, Microsoft Access, SQL, and A.I. tools are an asset.
• Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is desirable.

Requirements

• Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents.
• 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.

Type of contract and duration

• Staff: International staff contract, 36 months initially, renewable upon mutual agreement. Headquarters (Washington, D.C).

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.
• We offer assistance with relocation and visa applications for you and your family when it applies.
• Hybrid and flexible work schedules.
• 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 learning opportunities, language classes, mobility options, among others.
• Other perks (country specific): Lactation Room, Daycare Center, Gym, Bike Racks, Parking, spouse career support, and others.

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.