Budget Specialist/ Senior Associate

Inter-American Development Bank, Washington DC, United States

Skill Required:, Finance and AccountsMonitoring and Evaluation
Preferred Experience: 
7 to 10 Year
Closing Date for Applications: 
17th March, 2021

Job Description

We are looking for a highly motivated professional with strong technical knowledge in budget planning and monitoring, data analysis capacity, as well as writing and communication skills to join our Budget and Corporate Procurement Division.

The Team: The Budget and Corporate Procurement Division (BGT), a division within our Budget and Administrative Services Department, oversees the Bank’s Administrative and Capital Budgets activities, manages the corporate procurement function, and supervises compliance of the Bank-executed operational work.

BGT is tasked with preparing the annual Program and Budget Proposal and Budget Execution Reports in line with our Results-Based Budgeting Framework, ensuring consistency and alignment with the Bank's strategic goals and priorities, and the guidelines received from the Management and the Board of Executive Directors. BGT also advises on maximizing cost efficiencies; provides technical advice and support to organizational units in planning and monitoring the execution of their budget; manages the Bank's budget system and SAP as its financial ERP solution; and provides guidance and training to the end-user community on budget matters.

What you’ll do:

  • Prepare (includes writing), participate, or coordinate the production of regular and ad-hoc documents, reports and presentations to Management and the Board of Executive Directors.
  • Provide valuable and technical advice to client departments, ensuring an optimal use of resources through effective planning and execution to meet business needs in line with our Institutional Strategy and within the Results-Based Budgeting framework.
  • Monitor client departments’ budget execution, perform budget analyses, and recommend adjustments to ensure accuracy and quality control of the data aimed at strengthening the link with the Institutional Strategy.
  • Support and train client departments in the effective and efficient use of budgetary and financial systems, reports, and dashboards.
  • Review and assess on a regular basis internal client budget information needs with the aim to propose and support the development of new reports and dashboards or improvements on existing ones.
  • Make recommendations for improvements on the budget process and produce relevant management information reports on an ongoing basis to support decision-making.
  • Lead the development, implementation, and dissemination of new or periodic updates of budgetary tools, methodologies, and procedures, in coordination with other relevant teams within the IDB group.
  • Represent BDA/BGT in technical meetings and working groups.
  • Actively participate in other activities and assist with other projects as requested by the supervisor or the Division Chief.

What you’ll need:

Experience: You have at least seven years of relevant experience in budget planning and monitoring, accounting, auditing, or economics, with a special focus on producing strategic documents/reports, using qualitative and quantitative support as evidence, and supporting clients in budget-related matters. Experience in a multilateral or bilateral development organization is preferred.

Education: You hold a Master’s degree in Finance, Accounting, Economics, Business Administration, or related field.

Languages: You are fluent, oral and written, in English and Spanish. Knowledge of an additional Official Bank language is a plus. The ideal candidate will possess outstanding writing skills in English and the ability to create strategic high impact documents and presentations.


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