International Monetary Fund (IMF)

Projects Officer (EU Pillar Assessment Coordinator)

International Monetary Fund (IMF)

Job Description

The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. The IMF’s Institute for Capacity Development is looking for a Projects Officer for the Pillar Assessment (PA) process, which is a requirement of the European Union (EU) for continued access to their financing for IMF Capacity Development (CD). The assessment will cover the following 7 ‘pillars’: (1) internal control system, (2) accounting system; (3) independent external audit; (4) procurement; (5) exclusion from access to funding; (6) publication of information on recipients; and (7) protection of personal data. The Commission Decision (2019/C 191/02) established the terms of reference for the pillar assessment methodology. The PA will be carried out over a period of two years. The Projects Officer will be hired on a part-time contractual basis to spend approximately 100 working days over this entire period. Role and Responsibilities The Projects Officer will support the EU team in the Institute for Capacity Development’s Global Partnerships division, and assist in the preparation and implementation of the PA. He/she will be the primary contact person both internally with different IMF departments and externally with the EU and the auditor that will actually carry out the PA. She/he will be responsible for coordinating the work with IMF Departments (convening meetings as well as following-up the action items aimed at a successful pillar assessment). He/she will gather and prepare relevant documentation to be shared with the audit company; coordinate input to the audit company’s queries as well as guide the auditors during the field visit(s) to the IMF HQ. Specific responsibilities include, but are not limited to, the following:
  • Coordinating interdepartmental meetings in the IMF to inform the departments of the process and receive their input during the preparation for the Pillar Assessment;

  • According to the chart on division of labor and timetable, collect required documents from contributing departments, provide feedback and highlight gaps to departments if content is not in line with the requirements for a successful pillar assessment, and compile and format all documents before submission by the IMF to the auditors;

  • Drafting the Terms of Reference, tendering, contracting and monitoring the Pillar Assessment study;

  • Supporting the delivery of the assessment, facilitating the contacts with the IMF and accompanying the audit team throughout their mission(s);

Qualifications

The successful candidate should have the following qualifications: 
  • Master's degree in auditing, finance, or related field, or bachelor's degree with at least 4 years of relevant professional experience in audit, resource management, procurement or equivalent experience in assessing business processes;

  • A sound understanding of IMF structures and procedures;

  • A strong drive for results for timely completion of tasks, the ability to multi-task and to work under time pressure, excellent oral and written communication skills,

  • Diplomatic skills; and an ability to build/maintain strong collaborative relationships;

  • Sound judgement demonstrated in the ability to assess documents against requirements specified in the pillar assessment and to iterate with IMF departments until their inputs meet the expected outcome;

  • Familiarity with EU external assistance and financial regulations is a distinct advantage and previous experience in a similar assignment is a considerable asset; The IMF is committed to achieving a diverse staff, including gender, nationality, culture and educational background. The Coordinator will be hired on a part-time contractual basis to spend approximately 100 working days over this entire period.

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