Accounting Associate

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 proactive, collaborative and dedicated Accounting Associate to join our team. As an Accounting Associate, you will support the financial reporting on the trust funds and benefit programs the IDB administers and sponsors.

You will work in the Accounting Policy and Trust Funds Reporting Group of the Accounting Division in the Finance department. This team is responsible for the financial reporting and related internal controls of all donor trust funds resources under the Bank’s administration, including the IDB Lab and the Bank sponsored benefit plans and programs, ensuring compliance with established accounting policies and procedures.

What you’ll do

• Maintain and update financial records, ensuring proper documentation and adherence to internal controls, including Internal Control over Financial Reporting (ICFR) standards.
  • Perform monthly and quarterly overall trial balance review and analysis to verify completeness and accuracy of accounting records.
    • Prepare and analyze financial statements and reports related to trust funds and benefit plans/programs, ensuring accuracy and compliance with established policies and procedures.
      • Support trust funds and benefit plans' external audits and compile appropriate documentation for auditor's review.
        • Support the ICFR framework for trust funds and benefit plans by performing and documenting control procedures and conclusions.
          • Support SMEs with other activities in trust funds and benefit plans’ financial reporting process as needed.
            • Assist in the development and implementation of financial policies, procedures and systems to improve efficiency and accuracy.
              • Collaborate with cross-functional teams to gather financial data, design and develop reporting dashboards and provide insights for decision-making.

                What you'll need

                • Education: Bachelor’s degree (or equivalent advanced degree) in Accounting, Business Administration or other fields relevant to the responsibilities of the role. CPA or Contador Publico Nacional in one of the member countries preferred.

                • Experience: At least 5 years of progressive experience in accounting in public accounting (preferably Big Four accounting firms), international organizations or financial Institutions.

                • Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.

                Requirements

                • Citizenship: You are a citizen of Colombia.

                • 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

                National (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:
                

                📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟯! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟯 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔, 𝗜𝗢𝗠 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐

                ⚠️ 𝐂𝐡𝐚𝐧𝐠𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐟𝐞 𝐍𝐨𝐰: 𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐣𝐨𝐛 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐍𝐚𝐭𝐢𝐨𝐧𝐬 𝐍𝐎𝐖!

                -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 learning opportunities, 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.