Finance Officer/Senior Finance Officer - PIPELINE

Finance & Economy

Overview

Build a competitive pool of finance professionals for future opportunities in the Financial Operations and Reporting Division.

You have:

• An advanced university degree (or equivalent) in Business, Accounting, Finance, Economics, or a related field, or a professional accounting qualification (e.g., CPA, CA, ACCA)
• A minimum of four years of relevant professional experience
• Application of International Financial Reporting Standards (IFRS)
• Experience in financial operations in a financial institution (e.g., central bank or large commercial bank)
• Strong analytical and problem-solving skills
• High attention to detail and a strong controls mindset
• Excellent written and oral communication skills
• Ability to manage multiple priorities under tight deadlines

Work for the IMF. Work for the World.

The IMF's Finance Department (FIN) is inviting applications to build a competitive pool of finance professionals for future opportunities in the Financial Operations and Reporting Division (FR). Candidates who meet the requirements will be invited to apply for specific vacancies as they arise, within the standard grade range of A11-A14. 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 for finance professionals in the division are as follows:

• Participate in and, at higher grades, lead the formulation and implementation of financial policies. Contribute to and/or lead work on Board papers and policy notes on financial issues potentially including Fund finances, quotas, financial operations policy, financial transactions and transactions plan, liquidity, SDRs, income, IFRS accounting, audit, risk management, internal controls;
• Prepare and/or lead analyses and forecasts; design and review operational, accounting, and management reports; propose new approaches and analyses to meet evolving financial issues;
• Draft a wide range of documents for both internal and stakeholders and make presentations to senior management on financial transactions and financial reporting requirements of the Fund;
• Maintain strong relationships with officials of member countries and financial institution counterparts; respond to queries from Executive Directors, country authorities, or other departments and review responses of other team members.
• Provide advice related to members' financial positions in the Fund or financial transactions and policies;
• Liaise with internal and external auditors on their audits of the financial statements, financial transactions, and implementation of financial policies, internal controls, and financial reporting practices. Provide input to and liaise with the External Audit Committee;
• Propose new controls or procedures and assess and document controls over financial transactions. Develop strategies and innovations in financial operations, accounting, and reporting;
• Apply knowledge of IT change management to ensure policies are accurately translated to financial IT systems. Contribute to the adoption of new systems and best business practices and of corporate governance and systems of internal controls;
• Assist in guiding development of financial systems and work practices; provide input to innovation in technology, controls, and work processes;
• Lead or substantially contribute to functionality enhancements in reporting and operations necessitated by evolving Fund policies; and
• Lead/or support projects of a wide nature that contribute to the development and implementation of the division’s overall goals and milestones.

Minimum qualifications:

Candidates must have:

• An advanced university degree (or equivalent) in Business, Accounting, Finance, Economics, or a related field, or a professional accounting qualification (e.g., CPA, CA, ACCA); and
• A minimum of four years of relevant professional experience.

Experience in one or more of the following areas is considered an advantage:

• Application of International Financial Reporting Standards (IFRS);
• Financial operations in a financial institution (e.g., central bank or large commercial bank);
• Project management.

The role also requires:

• Strong analytical and problem-solving skills
• High attention to detail and a strong controls mindset
• Excellent written and oral communication skills
• The ability to manage multiple priorities under tight deadlines

Statement of Interest (Required):

As part of the application, candidates must submit a statement of interest addressing the following:

• Motivation for a career change
• Added value to the IMF and the position
• Most significant professional achievement
• Microsoft Excel experience (including developer functions, data modeling/analysis, etc.)
• Experience working with integrated IT systems and implementing new technologies
• Additional highlights or relevant information

Department:

Hiring For:

A11, A12, A13, A14The 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.

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Potential interview questions

Added 4 months ago - Updated 2 months ago - Source: imf.org