Post of duty: Guyana.
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 objective of the consultancy is to provide support to the Financial Management and Procurement Specialists in the fiduciary oversight and monitoring of operations, as well as to foster the development of the fiduciary and institutional capacity of executing agencies.
You will work for FMP. The Office of Financial Management and Procurement Services for Operations (VPC/FMP) team is responsible for ensuring the quality and standardization of bidding documents.
What youโll do
- Arrange and follow-up on fiduciary/institutional inspections and assessments of executing agencies.
- Prepare visit reports for each inspection visit, summarizing findings and proposed actions using the Bankโs format.
- Follow-up on i) the fiduciary work plan, and ii) project supervision plans.
- Compile information, prepare reports, briefings, and presentations as needed, as well as relevant information from the systems for official missions, portfolio review and fiduciary monitoring.
- Assist in the update of Bank systems.
- Draft correspondence to Executing Units.
- Manage logistics for fiduciary workshops and related training sessions.
- Liaise with Operations Associates and provide support analyzing recommendations and responding to queries from executing agencies.
- Provide support in the analysis and processing of disbursement requests from borrower/executing agencies.
- Assist the Fiduciary Specialists in performing ex-post reviews of procurements and disbursements.
- Provide support in the review of financial reports submitted by Executing Units.
- Assist the Fiduciary Specialists in conducting fiduciary risk analysis of projects.
- Conduct initial review of fiduciary related issues and comments to Project Profiles, Plan of Operations, and Program for Operational Development (POD) documents.
- Manage fiduciary related correspondence.
- Follow-up on fiduciary business plans and other fiduciary activities as indicated by the Fiduciary Specialists
- Collect and compile data for procurement and financial management business intelligence. Provide aid the Executing Agencies in the use of fiduciary systems Support fiduciary team with innovative cross-collaboration initiatives and participation in working groups to provide effective and creative solutions to procurement and financial management challenges according to latest trends.
- Provide any other assistance as required by the fiduciary specialists.
What you'll need
- Education: Master's Degree or equivalent in Public Procurement or equivalent in areas of Economics, Civil Engineering, Law, Business Administration, or other relevant discipline Accounting, Business Administration, Finance, Economics, or a related area.
- Experience: At least five years of relevant professional experience working in public/project or private sector, or international organizations. Highly desirable: Two (2) years of direct experience in international private or public procurement or two (2) years of direct experience in public finance.
- Languages: English. Knowledge of other official languages of the Bank would be an asset. (Spanish, French and Portuguese)
Key skills
- Proficiency in the use of Microsoft Office (Excel, Word and PowerPoint), MS Teams and Microsoft Outlook.
- Focuses efforts on achieving business results through understanding and meeting internal and external client and stakeholder needs. Values the importance of providing high-quality customer service.
- Generates innovative and creative solutions to problems that contribute to organizational effectiveness. Tries different and novel ways of approaching work to create added value in the services/products provided.
- Actively develops and shares knowledge within and outside own business area. Leverages expertise to improve organizational effectiveness and add value within sphere of influence.
- Cooperates with others and encourages teamwork to achieve mutually beneficial results. Gains the support of others for own ideas and initiatives, regardless of formal authority and organizational boundaries.
- Uses experience and good judgment to make sound decisions and devise effective solutions to problems. Assesses and manages risk in own work.
- Strong analytical, quantitative, planning, organizing and executing skills, attention to detail, ability to adjust to multiple demands, ability to write reports, ability shifting priorities and change, strong teamwork, effective communications skills and word processing, spreadsheet and financial software.
- Familiarity with IDB funded projects would be an advantage.
Requirements
- Citizenship: You are either a citizen of Guyana or a citizen of one of our 48-member countries with residency or legal permit to work in Guyana.
- 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
- Type of contract: Full Time National Consultant.
- Length of contract: 12 months.
- Work Location: On site.
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: โโโโโโโThe 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 culture
At 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 Additional Information
- External Opening Date: Jul 18, 2024
- External Closing Date: Aug 9, 2024
- External Contact Email: hrsc@iadb.org
- External Contact Name: HR Service Center
- Job Field: Technical Support