Finance Analyst/Senior Finance Analyst – FINCF

  • Salary:
    negotiable / YEAR
  • Job type:
    FULL_TIME
  • Posted:
    2 weeks ago
  • Category:
    Budget and Accounting, Finance
  • Deadline:
    16/04/2024

JOB DESCRIPTION

Work for the IMF. Work for the World.

 

The Concessional Financing (CF) Division of the Finance Department has a vacancy for a Finance Analyst/Senior Finance Analyst. The division plays a key role in the Fund’s support for low-income countries (LICs). CF manages and ensures adequate funding of the Poverty Reduction and Growth Trust (PRGT), the Resilience and Sustainability Trust (RST), and the IMF’s debt relief Trusts. Accordingly, CF plays a lead role in designing related policies and mobilizing adequate financing to help the Fund spearhead timely international support to affected LICs. Examples of recent policy projects include the establishment and operationalization of the RST and the ongoing comprehensive review of the PRGT’s financing and facilities. CF engages with internal and external counterparts, including Executive Directors and officials from capitals, to mobilize Trust resources. More generally, CF works closely with SPR, LEG, and other departments on the development of the IMF’s policies and facilities for LICs as well as on the review of country papers covering all 69 PRGT-eligible members. CF actively reviews program requests, Article IV reports, and debt sustainability analyses, including to assess the implications for resource needs and to safeguard Fund resources. The division has also been active in analytical research within its mandate.

The successful candidate would be expected to contribute to the development of data management practices in the division and the department and to the development and maintenance of the division’s website. In addition, in close collaboration with finance officers and economists in the division, the candidate would be expected to participate in the financial analysis of concessional lending and debt relief operations for LICs, including the preparation of Board papers and occasional presentations on these issues. He/she would be also expected to closely collaborate with other teams (LEG, FINFR and FINIU) on all aspects of resource mobilization, such as design of instruments, negotiations of loan and investment agreements, reporting and monitoring of contributions and follow up with members.

Minimum qualifications:

Educational development, typically acquired by the completion of a university degree in business, finance, accounting, statistics, computer science, or a related field is required. Alternatively, a minimum of two years of experience in a related position at Grade A5, or equivalent, is required.

In addition, familiarity with the Fund’s financial operations and policies as they relate to LICs and arrears issues would be useful but not required. The candidate should also possess strong analytical and data management skills, have the interpersonal skills required to work in a team and an interdisciplinary environment, and be able to handle multiple tasks under tight deadlines.

This vacancy shall be filled by a 3-year Term appointment in accordance with the Fund’s new employment rules that took effect on May 1, 2015.

A regular staff member who is selected to fill the vacancy will maintain their open-ended status. If the selected candidate is a contractual employee, they will be offered a Term staff appointment. Staff members already on a term appointment will continue their current term but may receive an extension provided that their current term appointment has not already been extended.

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:

FINCF Finance Department Concessional Financing Div

Hiring For:

A06, A07, A08

The 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.