Budget Analyst/Senior Budget Analyst - Office of Budget and Planning (OBP)
Contribute to resource planning and budget formulation processes.
Overview
Contribute to resource planning and budget formulation processes.
You have:
- University Degree, or equivalent, in Business Administration, Accounting, Finance, Economics, or a related field.
- Sound knowledge of the budget, administrative, and accounting rules and practices.
- Excellent organizational skills to handle multiple and varied tasks in different capacities and working in a matrix structure.
- Excellent analytical and data management skills, including data visualization.
- Proficiency in computer applications, e.g., Excel, PowerPoint, Tableau.
- Strong writing and presentational skills.
- Familiarity with AI-enabled tools, including responsible use and validation of outputs, to support analysis, drafting, and process improvement would be a plus.
Work for the IMF. Work for the World.
The International Monetary Fund has a vacancy for a Budget Analyst/Senior Budget Analyst in its Office of Budget and Planning (OBP). OBP is part of the Office of the Managing Director and oversees the Fund's more than $1 billion administrative budget, plus capital spending, working with an interdepartmental budget community. OBP’s work involves budget formulation, negotiation of spending envelopes with each of the Fund's departments and offices, monitoring budget execution, and making mid-year adjustments as needed. The Office is often called on to assess the budget implications of internal policies and new work streams, as well as the consequences of changes in the external environment.
As a member of OBP, the Budget Analyst/Senior Budget Analyst contributes to Fund-wide resource planning and budget formulation processes, assists OBP Budget Officers in monitoring expenditure trends to evaluate budget performance, and supports departmental budget teams in the preparation and execution of their budgets.
Major Duties and Responsibilities
The selected candidate will be assigned responsibilities within the following broad areas of work:
1. Retrieve, organize, and analyze budget and cost data using source systems and computer applications.
2. Prepare analyses, data visualization and presentations, including comparative input and output cost across departments and fiscal years to evaluate trends affecting budget needs and in support of efficient resource management. The selected candidate will also be expected to provide first drafts of memos and sections for internal documents.
3. Support departmental budget teams and assist in budget formulation for assigned departments and offices, including conducting analysis to support budget decisions and estimating impact of proposed policy and/or work program changes; monitor budget execution for assigned departments and prepare periodic forecasts of budget execution.
4. Contribute subject-matter expertise to training activities; support departmental counterparts on budget-related policies and processes; assist in the development and maintenance of information systems relevant to the various budget functions; and provide technical support on budget-related systems.
Minimum Qualifications
The candidate should have:
- University Degree, or equivalent, in Business Administration, Accounting, Finance, Economics, or a related field (or a minimum of two years of experience at Grade A05).
- Sound knowledge of the budget, administrative, and accounting rules and practices.
- Excellent organizational skills to handle multiple and varied tasks in different capacities and working in a matrix structure.
- Excellent analytical and data management skills, including data visualization.
- Proficiency in computer applications, e.g., Excel, PowerPoint, Tableau. Proficiency in budget, planning, and HR systems is also highly desirable.
- Strong writing and presentational skills.
- Familiarity with AI-enabled tools, including responsible use and validation of outputs, to support analysis, drafting, and process improvement would be a plus.
Only candidates who are currently residing in the Washington DC metro area will be considered.
A regular staff member who is selected to fill the vacancy will maintain their open-ended status. If the selected candidate is a contractual employee, they will be offered a Term staff appointment. Staff members already on a term appointment will continue their current term but may receive an extension provided that their current term appointment has not already been extended.
Department:
OBP Office of Budget and PlanningHiring For:
A06, A07, A08The IMF is guided by the principle that the employment, classification, promotion, and assignment of staff shall be made without discrimination against any person. We welcome requests for reasonable accommodations for disabilities during the selection process. Information on how to request accommodations will be provided during the application process.
Potential interview questions
| Describe a situation where you had to analyze budget data. What approach did you take? | This question assesses your analytical thinking and data management skills in budget analysis. | Detail a specific instance, outline your methodology, and discuss the outcome. |
| Can you explain a time when you had to prepare a presentation on financial data? | This gauges your ability to communicate complex data effectively. | Pro members can see the explanation. |
| How do you prioritize tasks when managing multiple budgets? | Pro members can see the explanation. | Pro members can see the explanation. |
| Give an example of how you supported a team in budget preparation. What was your contribution? | Pro members can see the explanation. | Pro members can see the explanation. |
| What tools have you used to visualize data, and how do they enhance your analysis? | Pro members can see the explanation. | Pro members can see the explanation. |
| Describe a challenging budgeting decision you made. How did you approach it? | Pro members can see the explanation. | Pro members can see the explanation. |
| How do you ensure accuracy in your budget forecasts? | Pro members can see the explanation. | Pro members can see the explanation. |
| What strategies do you use to stay updated with budget and accounting rules? | Pro members can see the explanation. | Pro members can see the explanation. |