Budget Senior Associate
Washington, DC
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 highly motivated professional with strong technical knowledge and experience in budget planning, monitoring, and analysis, as well as effective communication skills, to join our Budget and Corporate Procurement Division.
You will work in the Budget and Corporate Procurement Division (BGT) within our Budget and Administrative Services Department (BDA), which oversees the Bankโs Administrative and Capital Budgets activities. BGT is tasked with preparing budget related documents and reports in line with our Results-Based
Budgeting Framework, ensuring consistency and alignment with the Bank's strategic goals and priorities, and the guidelines received from Management and the Board of Executive Directors. BGT also advises on maximizing cost efficiencies; provides technical advice and supports organizational units in planning and
monitoring the execution of their budget; manages the Bank's budget systems; and provides guidance and training to the end-user community on budget matters.
What youโll do
Coordinate the production of regular and ad-hoc budget related documents, reports, dashboards, and presentations for Management and the Board of Executive Directors. Perform analyses and provide technical advice to departments to ensure optimal use of resources through effective planning and execution to meet business needs, in line with the Institutional Strategy and within the Results-Based Budgeting framework. Provide guidance and train client departments in the effective and efficient use of budgetary and financial systems, reports, and dashboards. Provide other budget related services to departments, which may include coordination and transactional support throughout the different budget phases (formulation, execution, and evaluation). Identify opportunities to improve the budget process and produce relevant management information reports on an ongoing basis to inform decision-making. Participate in the development, implementation, and dissemination of new or existing budgetary tools, methodologies, procedures, and dashboards, in coordination with other teams within the IDB Group. Provide procedural/task guidance to more junior staff.What you'll need
Education: You hold a masterโs degree in finance, Accounting, Economics, Business Administration, or related field.
Experience: You have at least three years of relevant experience in budget planning and monitoring, accounting, finance, auditing, or economics, with a special focus on producing and presenting strategic documents/reports, using qualitative and quantitative support as evidence, and supporting clients in budget-related matters. Experience in a multilateral or bilateral development organization is a plus.
Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
Systems: You have solid experience in MS products (especially Excel) and budget related systems (SAP, Hyperion, and/or Tableau or power BI desirable).
Key skills
Learn continuously Collaborate and share knowledge Focus on clients Communicate and influence Innovate and try new thingsRequirements
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
International staff contract, 36 months initially, renewable upon mutual agreement.
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 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 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 wellbeing: 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 culture