Address
Form of workIDB InvestFinancial Planning and Budget Consultant
Location: United States of America
IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization based in Washington, D.C. committed to the development of Latin America and the Caribbean through the private sector. As part of its mission, the IDB Invest supports the private sector through financing in the form of loans, equity investments, and guarantees. IDB Invest also supports and collaborates with clients through the provision of advisory and training services.
About this position:
The candidate will be part of the Financial Planning & Budget (FPB) team, under Controllership Division in the Finance and Administration Department of the IDB Invest, playing a key role in the development and maintenance of the Bank’s strategic Financial Planning and Budget framework.
The Financial Planning & Budget team is responsible for developing and maintaining the IDB InvestFinancial Planning models and tools, designing and monitoring financial policies, leading the annual budget planning process in coordination with the relevant IDB Invest and IDB units.
You will be the FPB partner across the organization, responsible for identifying, analyzing, and reporting on metrics that reflect business performance, driving a rigorous budgeting and forecasting process. You will work with both finance and business leaders to ensure timely and accurate forecasting and data driven insight into business performance. You will have exposure to Management and are expected to become a trusted thought partner. You will also assist in preparing financial materials including board decks, C-Level presentations, and other executive updates.
What You Will Do
- Budget Planning: support the organization’s annual budget call and preparation, ensuring alignment with strategic goals and priorities, the preparation of documents and presentation of proposals to senior management and the Board of Directors.
- Budget Monitoring: monitor and analyze budget execution throughout the fiscal year, identifying variances and recommending corrective actions. Develop automated budget performance reports to senior management and stakeholders.
- Cost Allocation and management:Support planning distribution of available resources to different departments, projects, or initiatives, based on their priorities and strategic importance. Support assigning costs methodologies to different projects or activities to determine their profitability.
- Support the maintenance of datasets from different systems and databases and its integration and participate actively in system implementation and improvements.
- Support management in the maintenance of Budget systems and ERP modules which includes operational maintenance of budget exceptions, drafting budget journals for budget adjustments, transfers, maintenance of the budget trees and account combinations, miscoding entries and assist in other system related tasks such as testing new processes and other budget related maintenance. Work closely with the accounting team in relation to the month end financial close.
What you´ll need:
- Education: Bachelor’s degree in accounting, Business Administration, Finance.
- Experience:You have 3+ years’ experience in FP&A, Budgeting, corporate finance, financial strategy/operations, or a closely related field. Experience in budgeting, cost allocation and workforce planning. Excellent verbal and written communication skills, with the ability to present complex financial information to non-financial stakeholders clearly and concisely. Advanced user of Microsoft tools including Excel and Power BI. Knowledge of programming languages (Matlab, R, Python) and statistical packages is a strong plus.
- Language Skills: Verbal and written proficiency in English is required. Proficiency in a second official Bank language (Spanish, French and/or Portuguese) is required.
Requirements:
- 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:
Consultant Full-Time. - Length of contract:
36 months . - Location:
Washington DC.
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 comprised of:
- 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.
- Assistance with relocation and visa applications for you and your family, if applicable.
- Work Schedules: Hybrid and flexible work schedules.
- Development support: We offer learning opportunities to boost your professional profile such as seminars, one-to-one professional counseling, and much more.
- Health and wellbeing:Access to our Health Services Center which provides preventive care and health education for all employees.
- Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, and others.
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.orgto request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
About IDB Invest
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $14.1 billion in asset management and 325 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.
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