Job vacancy Finance and Reporting Officer Consultant - (CTI/CBA)

The incumbent will serve as a Reporting and Financial Officer for the Compete Caribbean Partnership Facility (CCPF), providing reporting, financial management, and support for project implementation and coordination.

Post of duty: Barbados

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

The Compete Caribbean Partnership Facility (CCPF) is a multi-donor Trust Fund supported by the UK Government's Foreign, Commonwealth & Development Office (FCDO), the Government of Canada, the Caribbean Development Bank; and administered by the Inter-American Development Bank (IDB). The Facility's objective is to support the Caribbean region in increasing productivity and Caribbean firms' contribution to economic growth. The specific objectives are: (i) to support firms to grow, innovate and enter new sectors and markets and (ii) to promote an environment that enables innovation and growth. The program's strategy is to demonstrate the kinds of investments and activities that can increase productivity at the firm level in the Caribbean by strengthening the region's capacity to stimulate innovation in firms while addressing key constraints in the business climate and trade facilitation.

We are looking for a detail-oriented, analytical, and efficient Reporting and Financial Officer to support the execution of CCPF by providing clear, relevant, and timely reporting to the key stakeholders to support effective monitoring and evaluation of the portfolio. The consultant will prepare financial and results reporting to donors, management, and other key stakeholders of CCPF. The individual will also assist in activities related to the implementation of projects, monitoring of disbursements, budgeting, and accounting for the Facility Coordination Unit.

What you’ll do:

• Preparing weekly, monthly, and quarterly management reporting relating to disbursements, procurement, project closures, and contracting.
• Assisting with preparing quarterly Facility budgetary reports.
• Supporting project development officers (PDO) and pillar coordinators in the timely and accurate collection of project data.
• Populating and reconciling the Facility's project monitoring tools (e.g., PMRs, PCRs, Knack) on a quarterly basis.
• Ensuring proper storage of project data into CCPF’s applications (e.g., MS Teams, Convergence).
• Assisting with processing payments and other transactions relating to vendors and consultants.
• Developing and executing periodic reporting on counterpart contributions to the Facility and its portfolio of projects.
• Compiling the financial and results elements of donor reporting required on a quarterly basis.
• Completing ad hoc financial, accounting, and reporting tasks as required.

What you'll need

• Education: Bachelor’s degree in Accounting, Finance, Business Administration, or other fields relevant to the responsibilities of the role. An internationally recognized accounting designation (CPA, ACCA or equivalent) is an asset.
• Experience: At least 2 years of progressive experience in Accounting, Finance or Management Reporting.
• Languages: Proficiency in English.

Key skills:

• Advanced computer skills in MS Office (Word, Excel, PowerPoint).
• Knowledge of Power BI is an asset.
• Strong organization and time management skills.
• Experience in the compilation of qualitative and quantitative business reporting Strong quantitative and qualitative data analytical skills.
• Learn continuously.
• Collaborate and share knowledge.
• Focus on clients.
• Communicate and influence.
• Innovate and try new things.

Requirements:

• Citizenship: You are either a citizen of Barbados or a citizen of one of our 48-member countries with residency or legal permit to work in Barbados.
• 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: National Consultant Full-Time.
• Length of contract: Twelve (12) months.
• Work Location: On site.

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.
• Leave 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.
• Hybrid and flexible work schedules.
• Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
• Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.

Software licenses

• CCPF is responsible for procuring a license of knack.com for the duration of the project and to share access details with the consultant.

About the IDB Group

The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.

About IDB

We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.

10 Dec, 2023 (73 days left)