Finance Analyst - FINAXAP (Contractual)

Work for the IMF. Work for the World.

The Finance Department (FIN) of the IMF is seeking an experienced and qualified candidate for a Finance Analyst position in its Administrative Expenditures and Control Division (AX). The division is responsible for controlling all Fund payments and receipts under the administrative and capital budgets and under externally provided capacity development agreements. Activities under the administrative budget include the procurement of goods and services, the execution of payroll and associated staff benefits, allowances and pension benefits and the delivery of business and benefit travel services and seminars. Under the capital budget, this entails the execution of information technology projects, building construction projects and other facilities. The Finance Analyst will review and manage balances in various accounts, monitor and control administrative payments transactions, and assist with processing journal adjustments, various account reconciliations, and other accounting controls. The Finance Analyst will also participate in process improvements and system upgrades and will provide back up support to other units in the division.

The Cashier's Office monitors and controls outgoing transactions, funds the commercial and No. 2 accounts on a daily basis, accounts for all cash transfers and miscellaneous transactions and identifies and records all incoming EFT receipts. The Cashier's Office verifies vendor records to ensure correct banking routing information and also maintains relationships with commercial banks.

The Finance Analyst duties and responsibilities are outlined below:

• Liaise with the Fund’s banks on all issues related to processing administrative payments and process manually any ad-hoc payment requests by wire or ACH complying with all banking regulations and requirements.
• Review any incoming funds or returned payments and associated bank fees and record necessary transactions in the Fund’s financial accounting system.
• Review balances in the Fund’s administrative accounts with member central banks (IMF02 accounts) and ensure that they are fully funded to enable payments on a timely basis.
• Assist in managing the receivables and payables accounts and prepare various account reconciliations.
• Assist with process enhancements and policy implementation by contributing to requirements gathering, creating test scenarios, and conducting testing.
• Provide back-up support to other areas within the division as needed.

Qualifications

Candidates must have a university degree, preferably in accounting, business administration, finance or a related field, together with a minimum of 2 years of relevant professional experience (3-5 years preferred). Learning agility, adaptability, attention to detail, analytical skills, and the ability to work in a multitasking environment with hard deadlines are essential. The successful candidate should also be able to collaborate and interact effectively with Fund staff at all levels. Previous experience in ERP systems such as PeopleSoft or banking software, accounting experience, and knowledge of the Fund’s administrative policies and procedures would be a plus.

This vacancy shall be filled by a contractual appointment in accordance with the Fund’s new employment rules that took effect on May 1, 2015. The initial appointment would be for one-year with extensions possible up to 4 years based on performance, budget and continuing business needs.

Only candidates who are currently residing in the Washington DC metro area will be considered.

All applicants are expected to include a Statement of Interest as an attachment to the application, which may be used in the screening process for this vacancy.

Department:

FINAXAP Finance Department Administrative Expenditures/Control Administrative Payments SectionHiring For:

A06, A07, A08The IMF is committed to achieving a diverse staff, including age, creed, culture, disability, educational background, ethnicity, gender, gender expression, nationality, race, religion and beliefs, and sexual orientation.