Finance Officer (Contractual) - FINFR

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Application deadline in 1 day: Sunday 16 Jun 2024 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 assist with data visualization and enhancement of management reporting tools.
  • 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.
  • 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.
  • Assist in guiding development and modification of financial systems and work practices; by contributing to functionality enhancements in reporting and operations necessitated by evolving Fund policies including conducting user acceptance tests.
  • Assist the division in its automation efforts like Robotic Process Automation (RPA), Artificial intelligence and machine learning, and other similar tools.

Qualifications and Key Competencies

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.

The position also requires strong analytical, written and oral communication skills; attention to detail, accuracy, and the ability to handle multiple tasks under tight deadlines; strong data management and visualization skills; experience in financial systems and familiarity with automation tools; and the ability to collaborate effectively with client groups in a diverse, multi-cultural team environment.

The successful candidate should demonstrate the following core competencies:

  • Problem-solving: strong data management skills; analytical; learning agility; innovative; strategic; judgment;
  • Communication: verbal and written communication skills; active listening;
  • Relationship management: collaboration with client groups in a diverse team environment; teamwork; interpersonal sensitivity; and
  • Work management: work independently; planning/organizational skills; attention to details; accuracy; drive for results; adaptable; multi-task under tight deadlines.

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.

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.


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. We welcome requests for reasonable accommodations for disabilities during the selection process.

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