Finance Officer (Contractual) - FINFR

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IMF - International Monetary Fund

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Application deadline 1 year ago: Friday 3 Feb 2023 at 23:59 UTC

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The Financial Operations and Reporting Division (FR) of the IMF's Finance Department (FIN) is seeking financial professionals to fill a Finance Officer position. The FR Division manages, operates, and reports on Fund finances and conducts financial operations of the Fund with member countries and other financial institutions. The main functions of the Division are to: (i) conduct the financial operations of the Fund with member countries and other financial institutions; (ii) contribute to policy development and lead implementation of policy related to the Fund's financial operations and financial structure, including preparing Board and policy papers on the Fund's income position, audit arrangements, and financial transactions and operations; (iii) prepare and analyze the Fund's financial statements and financial reports to the membership; (iv) manage the annual external audit and the relationships with the External Audit Committee and the external audit firm; (v) establish appropriate system and control environments to support the range of financial activities and entities of the Fund; and (vi) provide advice on a wide range of financial and operational issues and implications of new financial policies.

The main duties and responsibilities include the following:

  • Prepare, execute, or account for financial operations and multi-currency transactions with member countries and other financial institutions.
  • Review country financial data in staff reports and board decisions; review and ensure financial operations are conducted in line with the Fund’s Rules and Regulations, Executive Board decisions and timelines.
  • Prepare financial analyses and forecasts, requiring the development of models and databases.
  • Assist in the formulation and implementation of financial, operations or accounting policies. Contribute to work on board papers and notes on issues related to the Fund’s finances or financial reporting. Prepare and present analytical research assignments to colleagues.
  • Contribute to the drafting and preparation of controls documentation.
  • Prepare operational, accounting and management reports; assist in the verification of members’ financial data published internally and on the Fund’s external website.
  • Maintain effective relationships with officials of member countries and financial institution counter-parties; conduct needed research and draft responses to queries from Executive Directors or members. Prepare and make presentations to visiting officials and Fund staff on the IMF's financial structure.
  • Assist in guiding development and modification of financial systems and work practices; provide input to innovation in technology, controls and work processes; contribute to functionality enhancements in reporting and operations necessitated by evolving Fund policies including conducting user acceptance tests.
  • Assist with data visualization and enhancement of management reporting tools.

Qualifications

A strong background and an advanced degree, or equivalent, in Business Administration, Accounting, Finance, Economics, or a related field, or professional accounting certification (such as CPA or CA); or bachelor’s degree, plus a minimum of six years of relevant professional work experience.

This is a one-year contractual appointment. Contractual appointments at the IMF are renewable for up to four years of cumulative contractual service, pending incumbent's performance, budget availability, and continuous business need.

Department:

FINFR Finance Department Financial Operations & ReportingHiring For:

A09, A10The 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.

Added 1 year ago - Updated 1 year ago - Source: imf.org