Job Description

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 financial control over, and conduct of, all payments and receipts under the Administrative and Capital Budgets and all payments under externally provided capacity development funding agreements. The AX division also advises on the formulation and implementation of administrative policies and related systems of internal control, including HR, budgetary controls, procurement, IT and audit. Policy support extends to a number of business areas, including compensation, benefits, tax, pension, capacity development, overseas posts/offices, and travel payments.

The successful candidate will be assigned to the Administrative Payments (AP) section, which comprises Travel/Accounts Payable Unit, External Accounts Unit (manages the payments and receipts for donor-funded projects, all regional technical assistance centers, and resident representative offices abroad), and Ledger and Cash Management Unit. Depending on the profile and experience of the successful candidate, they will be assigned a portfolio of duties in one or two units that could include:

• Auditing expense reports for different types of mission and benefit travel including resolving issues that arise, replying to internal and external stakeholders on policy administration issues, and ensuring expenses are settled in accordance with policy and proper accounting controls.

• Processing, ensuring accuracy and compliance: (i) invoices for payment; (ii) vendor and supplier updates (iii) automated interface entries (iv) ad hoc payment entries, and (v) prepayment journal entries.

• Monitoring cash transfers and miscellaneous transactions to ensure all transactions are reconciled. Executing payments and identifying and recording incoming payments. Verifying vendor records to validate banking routing information.

• Processing expenses from field offices, ensuring that they adhere to the Fund’s administrative policies, Handbooks, and operating guidelines pertaining to the various field offices, as well as best practices in internal controls and accounting practices. Reconciling cash account balances maintained in field offices against IMF financial records and resolving any discrepancies by liaising with relevant counterparties.

• Recording accounting transactions in the various PeopleSoft sub-ledger modules and ensuring compliance with the terms and conditions of the underlying contracts/purchase orders, and section service standards.

• Troubleshooting and resolving system issues and coordinating solutions with IT staff.

• Participating in ad hoc projects with guidance from supervisors. For example, by contributing to requirements gathering and conducting testing to support routine technology upgrades and enhancement initiatives.

  Qualifications

  Candidates must have a university degree, or equivalent, in accounting, business administration, finance, or a related field. The successful candidate should have knowledge of general accounting rules and practical experience of their application in the context of administrative payments, strong command of excel, and a proven track record of problem solving, system troubleshooting, and innovation, as well as excellent communication and relationship management skills. Learning agility, adaptability, attention to detail, analytical skills, customer service and the ability to work under pressure and multitask are essential. Experience with Peoplesoft Financials, ServiceNow and/or previous experience and knowledge of accounts payable, travel payments, field office operations, donor reimbursements, and related accounting and administrative policies and procedures is preferred.

  The successful candidate should demonstrate the following core competencies:

  • Problem-solving: analytical; learning agility; innovative; attention to details; judgment.

  • Communication: verbal and written communication skills; active listening.

  • Relationship management: collaboration; teamwork; interpersonal sensitivity.

  • Work management: work independently; planning/organizational skills; drive for results; adaptable; multi-task.

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

    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:FINAXAP Finance Department Administrative Expenditures/Control Administrative Payments Section

    Hiring For: A06, A07, A08

    The 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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