IDB Invest - Financial Instrument Accounting Consultant

We improve lives

IDB Invest is the private sector arm of the IDB Group committed to supporting the sustainable development of Latin America and the Caribbean through the private sector. Our mission is to finance, structure, and mobilize capital for companies and projects that support economic growth, resilience, and long-term development across the region.

IDB Invest operates in 26 countries, structured across four geographic regions and three industry verticals: Infrastructure and Energy, Financial Institutions, and Corporates.

As part of its evolving business model, “Originate to Share,” IDB Invest is expanding its capacity to mobilize private capital and scale development impact across Latin America and the Caribbean, supported by a $3.5 billion capitalization from its shareholders. The model strengthens IDB Invest’s ability to originate high-quality assets, structure innovative financial solutions, and connect global capital with opportunities across the region.

About this position

We are looking to hire a dedicated professional to execute a variety of financial instrument related accounting activities, to support IDB Invest’s Corporate Lending System implementation.

You will work in the Accounting part of the Controller’s department. This team is responsible for three primary work streams that include Accounting Policy, Financial Instruments and Systems Solutions, and Financial Reporting and Corporate Accounting. In this role, you will participate in the system implementation activities, including but not limited to system function configuration, business process design, integration with GL and Corporate data warehouse, and data migration validations.

What you’ll do

System Implementation work:

To support Accounting in all phases of Corporate Lending system implementation, including:

• Gathering functional requirements and perform business process analysis.

• Review and validate business requirements, accounting rules, data mappings, and system configurations.

• Participate in data migration and user acceptance testings,

• Participate in integration with ERP and downstream reportings, including the general ledger, subledger, Corporate datawarehouse and other relevant systems.

• Support go-live readiness preparation and post-go-live stabilization.

Financial Instrument Accounting work:

This role is also expected to participate in operational accounting activities, if needed, to support the routine monthly/quarterly/annual financial close in the Accounting function.

• Ensure financial instruments are accurately accounted for in accordance with US GAAP.

• Execute operational accounting activities for financial instruments in the development related investment portfolios and/or Treasury portfolios.

• Prepare monthly/quarterly/annual financial close related supporting schedules and financial statement disclosures utilizing data from various systems, other internal sources and external service providers.

What you'll need

• Education: Master degree (or equivalent degree) in Accounting, Finance, Information Systems, or other fields relevant to the responsibilities of the role. Professional certification such as CPA or CFA is required.

• Experience: At least 5 years of work experience, preferably working with a financial institution, accounting or consulting firm.

• Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required

Requirements

• Citizenship: No 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

• International consultant Full-Time, 24 months (up to 48 months, if applicable).

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.

-On-site position with the occasional flexibility of teleworking.

-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 office amenities (as available): Lactation Room, Daycare Center, Gym, Bike Racks, Parking, spouse career support, 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.

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