Post of duty: Remote Local
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
The Financial Instruments Accounting Group (ACC/FIA) within the Accounting Division is looking for an energetic and team-oriented professional to work in the areas of financial reporting and accounting for loans, guarantees, and capital markets (i.e., borrowings, investments, derivatives).
ACC/FIA monitors, controls, and reports the accounting activities for loans, grants, borrowings, investments, and derivative instruments, ensuring compliance with established accounting policies and procedures.
What youโll do:
- Provide support with the different activities for the Loan Financial System, LIBOR transition, and Capital Projects.
- 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 that they are properly registered.
- Prepare monthly financial statements and other financial reports for internal and external use.
- Prepare draft annual financial statements according to US GAAP.
- Identify deviation from US GAAP and/or Bank policies and procedures and recommend corrective action.
- Maintain appropriate documentation of performed work for auditor's review.
- Perform other duties as requested related to trust funds
What you'll need
- Education: Bachelorโs degree in accounting; CPA or national public accounting in one of the member countries. Masterโs degree preferred.
- Experience: Minimum of two (2) 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, 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
- Languages: Spanish and English
Key skills:
- General Accounting, Finance
- Loan Accounting, Capital Markets accounting accruals and financial reporting
Requirements:
- Citizenship[1]: You are a citizen of one of our 48-member countries with residency or legal permit to work in selected countries(see foot note for selected countries)
- 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.
- Remote Modality: The selected candidate will not provide services from the Bankโs office and will not be provided a physical space on the premises of the Bankโs Country Office. The candidate selected will be responsible for setting up the space, and for having the equipment, internet, and phone accesses to accomplish these TORs, outside the Bankโs office. Access to the Bankโs systems will be arranged in coordination with the Bank.
Type of contract and duration:
- Type of contract: National Consultant (Local Remote Modality), monthly
- Length of contract: 18 months.
- Work Location: Remote. Services shall be provided remotely from a country where the IDB has a Country Office .
- Responsible person: ACC&BGT PPAL SPEC - HEAD FIA
What we offer
The IDB group provides benefits that respond to the different needs and moments of an employeeโs life. These benefits include:
- A competitive compensation package.
- Leave and vacations: 2 days per month of contract + gender-neutral parental leave.
- Health Insurance the IDB Group provides a monthly allowance for the purchase of health insurance.
- Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
- Hybrid and flexible work schedules.
- Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
- Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
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.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
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.
About the IDB Group
The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.
About IDB
We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.
Follow us:
https://www.linkedin.com/company/inter-american-development-bank/
https://www.facebook.com/IADB.org
https://twitter.com/the_IDB
[1] For National Remote Consultant: Argentina, Barbados, Bahamas, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Peru, Panama, Paraguay, Suriname, Trinidad & Tobago, Uruguay. Additional Information
- External Opening Date: Mar 4, 2024
- External Closing Date: Mar 18, 2024
- External Contact Email: hrsc@iadb.org
- External Contact Name: HR Service Center
- Job Field: Technical Support