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 seeking a dedicated, technology-driven and team-oriented financial professional to join our Accounting Division as a Loan and Corporate Accounts Associate. In this role, you will primarily focus on corporate accounts payable (AP) and receivable (AR), with some involvement in loan servicing functions.
The Loan and Corporate Accounts Group (LCA) executes corporate and loan back-office processes. Within LCA, the Corporate Accounts team provides essential services to the IADB including processing, reporting, and offering technical guidance on accounts payable under the administrative and Capital Budget. They also maintain the vendor and client database, process and report accounts receivable, audit travel and expense reimbursements, and manage billing and collections of capital subscriptions from member countries and donor contributions to trust funds. Meanwhile, the Loan Accounts team is responsible for servicing the loan portfolio, executing billing and collections, enforcing Bank regulations regarding arrears, and supporting the origination of private sector operations.
What youโll do
- Vendor and Client Master Data Management: Assist in maintaining and improving the accuracy and reliability of the vendor and client master file, employing data management tools.
- Data Validation and Analysis: Utilize analytics tools to validate payment and billing data while collaborating on initiatives to enhance data quality and monitoring tools. Employ advanced data management practices to improve accuracy and streamline workflows.
- Financial Transactions Execution and Reporting: Support the accurate and timely processing and reporting of high volume of administrative and technical cooperation payments, travel reimbursements, billing and collections of various services including corporate, loan and advisory services, trust fund donations, and capital contributions.
- Collaborative Issue Resolution: Collaborate with Bank departments, and beneficiaries to troubleshoot and resolve administrative and TC payment issues.
- Support Automation and AI Integration for Payments: Collaborate on implementing process improvements, dashboards and optimizing automation tools and AI systems for transaction processing and reporting. Support activities such as improving workflow efficiency, monitoring system performance, troubleshooting issues, and enhancing data accuracy.
What you'll need
- Education:Masterโs degree (or equivalent advanced degree) in Finance, Business Administration, or Accounting. CPA or similar accounting designation is strongly preferred.
- Experience: A minimum of 2 years of progressive experience in accounting or finance in international public and/or private institutions.
- Technical Skills:
- Advance knowledge in querying and reporting, PowerBi, PowerAutomate as well as a good understanding of relational data bases. Uses analytical tools and mathematical processes to empirically analyze and evaluate data and information.
- Expert user in Microsoft Excel, Microsoft Access, PowerBi, and Power Automate is required.
- Knowledge of SAP and the Sopra Banking system is highly desirable.
- Experience designing, implementing, and maintaining financial transaction systems is highly desirable.
- Programming/Analytics: Knowledge of tools such as MS Project, SQL, Python or other programming, analytics tools are strongly desired.
- Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of Portuguese is preferable.
Requirements
- Citizenship: Must be eligible to work in job location(s) without the need for sponsorship.
- 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.
Location
The position can be based in any of the following countries: Argentina, Brasil, Colombia, Paraguay, Peru or Uruguay.
Type of contract and duration
- 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:
- 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 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.
- 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.