IDB Invest - Accounting & Budget Officer

Company: Inter-American Development Bank
Location: Washington
Posted on: March 13, 2025

Job Description:

IDB Invest - Accounting & Budget Officer Job DescriptionApply nowIDB Invest - Accounting & Budget OfficerCity: Washington DCCompany: IDB InvestPosting End Date: 03/18/2025We improve livesThe 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 positionIDB Invest (IDBI), a member of the IDB Group, is a multilateral organization based in Washington, D.C., that is committed to the development of Latin America and the Caribbean through the private sector.The Finance and Administration Department (FNA) at IDB Invest covers the following divisions: Controllership; Analytics and Information Technology; Operations; and Treasury. The Accounting team within the Controllership Division is responsible for Accounting Policy, Corporate Accounting, Financial Instruments Accounting, and Financial Reporting.The Accounting team is looking for an experienced professional with the right blend of technical, analytical and collaborative skills to join the financial reporting function. This is an exciting opportunity to apply accounting and finance knowledge within a growing international financial institution and be a part of a dynamic and multicultural environment.What you'll do

• Prepare reports and supporting schedules for IDB Invest's management discussion and analysis and financial statements and footnote disclosures in accordance with US GAAP/other applicable guidance and internal reporting requirements.
• Support financial reporting for IDB Invest's Donor Fund's under Administration.
• Perform data and ratio analysis on financial statement results, assist in the preparation of presentations for senior level decision makers and other financial reports for IDB Invest's investors.
• Prepare supporting schedules and coordinate financial information for IDB Invest's debt offerings.
• Review journal entries for completeness and accuracy. Prepare and/or review consolidation adjustment entries, reclassifications, and supporting documentation for group level reporting.
• Participate in sustainability and climate-related reporting assessments for implementation of new and existing reporting disclosures.
• Prepare and support review of internal controls over financial reporting and operational risk activities.
• Lead and execute the design, development and documentation of new processes, reports and automation efforts.
• Serve as liaison for external and internal audit matters. Respond to internal and external requests in a professional manner and provide support in ad hoc accounting and financial reporting tasks.
• Collaborate with colleagues across IDB Invest and the IDB Group to improve accounting and financial reporting information.What you'll need--- Education: Master's degree (or equivalent advanced degree) in accounting, business administration, finance, systems information, or a related field required.--- Experience: At least 4 years of relevant professional experience working in the accounting and finance field. Applied working knowledge of U.S. Generally Accepted Accounting Principles (US GAAP) and accounting procedures. Big four accounting experience preferred.--- Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.Requirements--- Citizenship: No requirements--- 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--- International staff contract, 36 months initially, renewable upon mutual agreement.What we offerThe IDB group provides benefits that respond to the different needs and moments of an employee's life. These benefits include:

• A competitive compensation package
• 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 which covers medical, dental, vision, preventive care, and prescription drugs.
• Pension plan: Defined benefit pension plan that provides financial security and supports 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 which 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: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others.Our cultureAt the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.Our Human Resources Team reviews carefully every application.
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Keywords: Inter-American Development Bank, Washington DC , IDB Invest - Accounting & Budget Officer, Accounting, Auditing , Washington, DC