Job Description

  The Budget and Corporate Procurement Division (BDA/BGT) is looking for a highly qualified and motivated individual with knowledge and expertise in budget formulation and execution as well as with the Bank's budget system Hyperion Budget and Planning Cloud Solution and SAP, to contribute to the work of the Division and support its clients. The Team: BDA/BGT is responsible for the alignment of the Bank's Administrative and Capital Budgets with the established strategic work program, while providing high quality budget services to client departments and units. Among other responsibilities, BDA/BGT prepares the annual Program and Budget Proposal and Budget Execution Reports in line with the Results-Based Budgeting (RBB) Framework; advises on maximizing cost efficiencies, minimizing wasteful spending and preventing resource expenditures in non-priority areas; provides technical advice and support to all Bank organizational units in planning and monitoring the execution of their budget; manages the Bank's budget system Hyperion Budget and Planning Cloud Solution and SAP as its financial ERP solution; and provides guidance and training to the end-user community on budget matters. What you will do:
  • Contribute to and assist during major budget exercises on formulation and execution by reviewing and analyzing departments’ input, compiling data and information necessary to produce the corresponding budget documents, drafting entire sections of such documents, preparing presentations and reports, as well as supporting in the quality review, amongst others.

  • Prepare/input information in budget system and prepare relevant manuals, procedures and guidelines.

  • Provide support in the use of budget systems and training to end-users.

  • Provide support to the Bank’s departments during and outside major budget exercises to facilitate their budget planning and execution within an RBB framework.

  • Monitor departmental/organizational unit budget execution and perform budget Analysis to ensure accuracy and quality control of the data.

  • Review on a regular basis internal client budget information needs with the aim to improve existing standardized reports while reducing the number of requests for ad-hoc reports.

  • Produce relevant management information reports on an ongoing basis to support decision-making and improving the budget process.

  • Participate in working groups that require budget expertise and therefore BDA/BGT representation.

  • Upon request of the Division Chief or supervisor, perform other tasks related to the functioning of BDA/BGT and participate in the preparation of documents and special studies/reports, and assists with other projects as needed.

What you’ll need: 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 fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group. Education: Bachelor’s or master’s degree in Business Administration, Finance, Accounting or related field. Experience: At least three (3) years of experience in budgeting, budgeting support, or controlling, with a special focus on drafting documents, reporting and use of corporate Information Systems. Languages: Proficiency in English is essential as well as proficiency in a second official language of the Bank (Spanish highly desirable). Opportunity summary: - Type of contract: Consultant Full Time - Length of Contract: 18 months - Location: Washington DC - Requirements: You must be a citizen of one of the IDB’s 48 member countries and have no family members currently working at the IDB Group. Our culture: Our people are committed and passionate about improving lives in Latin-America and the Caribbean, and they get to do what they love in a diverse, collaborative and stimulating work environment. We are the first Latin American and Caribbean development institution to be awarded the EDGE certification, recognizing our strong commitment to Gender Equality. As an employee you can be part of internal resource groups that connect our diverse community around common interests. Because we are committed to providing equal opportunities in employment, we embrace diversity based on gender, age, education, national origin, ethnic origin, race, disability, sexual orientation, and religion. We encourage women, Afro-descendants and persons of indigenous origins to apply. About us: At the IDB, we’re committed to improving lives. Since 1959, we’ve been a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. We do more than lending though. We partner with our 48-member countries to provide Latin America and the Caribbean with cutting-edge research about relevant development issues, policy advice to inform their decisions, and technical assistance to improve on the planning and execution of projects. For this, we need people who not only have the right skills, but also are passionate about improving lives Our team in Human Resources carefully reviews all applications. Due to the current Covid-19 pandemic and its implications for our Region, the IDB Group is reviewing its hiring needs and re-prioritizing its areas of talent acquisition. We encourage candidates to continue to apply to the active postings, yet current job openings may be subject to further decisions in terms of timing of the processes, or other actions, in accordance with business needs. Final hiring decisions may also be conditioned to the candidate’s ability to timely relocate to the post of duty at the moment of starting service.” Additional Information

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