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 analytical, team player and detail oriented Accounting Consultant. As an Accounting Consultant, you will participate in (i) preparing the monthly, quarterly, and annual financial statements for the IDBโs main funds, ensuring the Bankโs compliance with standards established by authoritative accounting standards setters in the United States, (ii) reconciliation and analyses of cash and interfund transactions, as well as (iii) general administrative accounts accrual/expense analyses.
You will work in the MFG team part of Accounting Division within the Finance Department. The Main Funds Financial Reporting, Cash and Administrative Accounts Group (MFG) prepares the Bankโs Main Funds (Ordinary Capital - ORC, Intermediate Financing Facility Account - IFF and IDB Grant Facility - GRF) financial statements; oversees the accounting activities for payroll, fixed assets, administrative accounts and cash reconciliations, and manages the General Ledger system.
What youโll do
- 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 the reconciliation of certain administrative, payroll or pension related accounts.
- Participate in the preparation of monthly, quarterly and annual financial statements in compliance with U.S. GAAP.
- Identify gaps based on best practices and recommends changes to the Bankโs financial reporting procedures to improve the accounting and reporting process.
- Develop, document, and implement new procedures to meet accounting/reporting requirements.
- Prepare ad-hoc financial/accounting 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.
What you'll need
โข Education: A bachelorโs degree in accounting, business administration or finance is required. The Certified Public Accountant (CPA) and Affiliation of the Chartered Certified Accountants (ACCA) designation are considered a plus.
โข Experience: At least two years of progressive experience in 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, and reporting under U.S. GAAP. 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). 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.
โข Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required.
Key skills Bring InnovationFocus on ClientsLearn ContinuouslyCollaborate and Share KnowledgeCommunicate and Influence
Requirements
โข 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.
โข 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
โข Consultant:
- International consultant: International consultant Full-Time, 12 months.
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.
-Leaves 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.
-We offer assistance with relocation and visa applications for you and your family when it applies.
-Hybrid and flexible work schedules
-Development support: We offer learning opportunities to boost your professional profile, such as seminars, 1:1 professional counseling, and much more.
-Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
-Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, 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.