IDB Invest · 5 days ago
IDB Invest - Budget Lead Officer
Washington, DC
Contract
Hybrid
Senior Level
6+ years expIDB Invest is a community focused on improving lives in Latin America and the Caribbean. The Budget Lead Officer will lead the institution’s budget cycle and provide decision support to Management through financial analysis and performance reporting.
FinanceFinancial ServicesLendingVenture Capital
Responsibilities
Lead the organization’s annual administrative and capital budget cycle, ensuring alignment with strategic goals and priorities, and providing clear justifications for budget requests and cost increases. Plan the distribution of available resources to different departments, projects, or initiatives based on their priorities and strategic importance
Conduct long-term planning of the institution’s operating expenses to anticipate resource requirements while maintaining the financial sustainability of the institution
Support scenario analysis for workforce and cost optimization, including the financial impact of hiring, outsourcing, and organizational changes. Collaborating with HR and department leads to align staffing plans and maintaining oversight of workforce capacity by comparing approved staffing plans with current position occupancy
Be proficient in drafting complete, high-quality documents and proposals common to development banks, including materials for Senior Management and the Board of Directors. Able to translate technical financial content into clear, structured narratives suitable for non-finance audiences
Monitor and analyze budget execution throughout the fiscal year, providing clear explanations of variances and recommending corrective actions. Demonstrate in-depth knowledge of budget and operating expense details, while also being able to synthesize and communicate key messages and insights to senior stakeholders in a clear, strategic narrative
Develop and maintain cost allocation models for distributing direct and indirect costs across business units or departments
Participate in the development, implementation, and dissemination of new or existing budgetary tools, methodologies, procedures, and dashboards
Identify and implement process enhancements to improve the efficiency, accuracy, and effectiveness of the team’s work. Lead the ongoing evolution of budget frameworks and ensure governance documentation remains current and aligned with institutional needs
Lead a high-performing team that collaborates effectively across functions and departments. Foster a culture of knowledge sharing and continuous learning, while actively supporting professional growth through skills-building opportunities and clear pathways for career advancement
Qualification
Required
Master's degree in business administration, Finance, Economics or other fields relevant to the responsibilities of the role
A minimum of 6 years of relevant experience and at least 5 years leading Budget and/or FP&A teams
Proven experience in budgeting, financial planning, or cost analysis, preferably within a multilateral development bank, international organization, financial institution or large private organizations
Strong knowledge of workforce planning, position control, and personnel cost forecasting
Proficiency in Excel and financial planning systems and as well as experience in developing and implementing dashboards for reporting and analytics in Power BI
Excellent analytical, communication, and collaboration skills to work cross-functionally with HR, Finance, and business units
Attention to detail, accountability, and ability to manage competing priorities in a deadline-driven environment
Strong communication and presentation skills
Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required
Preferred
Relevant professional certifications are a plus
Benefits
A competitive compensation package
24 days of paid time off + 8 personal days + sick leave + gender-neutral parental leave
Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program that covers medical, dental, vision, preventive care, and prescription drugs
Pension plan: defined benefit pension plan that provides financial security and support employees in planning for their future
Hybrid and flexible work schedules
Access to our Health Services Center that provides preventive care and health education for employees
Development support: We offer tools to boost your professional profile, such as mentoring, 1:1 professional counseling, training and learning opportunities, language classes, mobility options, among others
Company
IDB Invest
IDB Invest provides financial solutions and advisory services that meet the needs of its clients in a variety of industries. It is a sub-organization of Inter American Development Bank.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
James Scriven
CEO
Orlando Ferreira
Chief Financial Officer
Recent News
Business News Americas
2026-01-23
2026-01-22
Institutional Asset Manager
2026-01-22
Company data provided by crunchbase