The Fiscal Affairs Department (FAD) of the International Monetary Fund (IMF) provides Capacity Development (CD) support to IMF member countries in several Public Finance areas, including public Financial Management, tax policy and revenue Administration, and expenditure policy. FAD is seeking a Budget Officer for its Resource and Information Management Division.
Under the general supervision of the Division Chief of the Resource and Information Management Division (RM), and working closely with FAD's Senior Budget Manager, the successful candidate will contribute to the formulation of FAD’s budget—both Fund- and externally-financed assist in monitoring its implementation and periodic reporting during the fiscal year.
Duties include the following:
- Contributing to the formulation of FAD's medium-term Fund- and externally-financed budget by analyzing budget-related data and forecasting future resource requirements including for personnel, travel, seminars, and, other discretionary resources;
- Assist in preparing FAD's annual budget submission and developing and tracking relevant objectives and scorecard indicators;
- Assist in monitoring FAD's use of resources (both internal and external) throughout the year by analyzing data from Office of Budget and Planning (OBP) and internal FAD information; preparing reports and drafting written assessments and analyses;
- Preparing FAD divisions’ devolved budgets; overseeing RM’s support to, and monitoring of, divisions’ execution of devolved budgets and accountability frameworks;
- Assist in preparing medium-term projections for reimbursements from externally financed projects to help plan departmental staffing;
- Assist in running and analyzing monthly CD costing report;
- Conducting analyses of resource allocation and expenditures based on in-depth knowledge of department, budget policies and practices; also providing suggestions for accounting policies and procedures related to the department's expenditures;
- Representing FAD on interdepartmental committees, task forces, and working groups related to budget issues, as appropriate;
- Working with other departments and groups, as appropriate, to enhance budgetary and financial tools and work practices, covering both internal and externally-financed resources.
- Conducting background research, Analysis, and evaluation of various planning and budgeting issues, and make recommendations on the basis of feasibility, cost-benefit, strategic direction, business and institutional impact, and industry trends. Provide budget outturn projections and workload indicators such as travel, and overtime analyses and contributes to departmental strategy on the Accountability Framework scorecard.
The successful candidate should have:
- An advanced degree or a university degree supplemented by a minimum of six years of relevant professional experience.
- A thorough knowledge of the IMF's budget procedures (IMF01 and IMF02), including familiarity with recent budget initiatives and the strategy for further budgetary reform in the IMF;
- Knowledge of the IMF's capacity-building strategy and familiarity with external financing processes;
- Ability to quickly adapt to IMF’s new IT systems that impact the budget.
- Considerable experience with budget-related financial systems ability to run queries in these systems, as well as excellent knowledge of Excel;
- The ability to set priorities, work under pressure, and manage a number of tasks concurrently within tight deadlines;
- Sound judgment and the ability to work independently with limited supervision and to function as a member of a team;
- The ability to work effectively with a broad range of staff within and outside of FAD;
- Well-developed quantitative and analytical skills including proficiency in Excel and its pivot function and ability to organize large quantities of data;
- Strong oral and written communication skills.