Budget Analyst/Senior Budget Analyst

Job Posting Organization:
The International Monetary Fund (IMF) is an international organization established in 1944 with the mission to promote global economic stability and growth. The IMF has a diverse workforce of over 2,700 employees from around the world, operating in 190 countries. The organization provides financial assistance, policy advice, and technical assistance to its member countries, aiming to foster economic cooperation and stability globally.

Job Overview:
The Resource and Information Management Division of the Fiscal Affairs Department (FAD) is looking for motivated individuals to fill the roles of Budget Analyst and Senior Budget Analyst. These positions are crucial for supporting the FADRM budget team in the planning, execution, and monitoring of the department's budget and financial operations. The successful candidates will work under the supervision of the Division Chief and will be part of a collaborative team environment that includes budget officers. They will be responsible for contributing to the formulation of FAD's budget, monitoring its implementation, and providing regular reports to FAD management. The role requires strong teamwork, ownership, energy, and innovative thinking, as the candidates will also engage in resource planning and budgeting processes for both capacity development and non-capacity development operations across various funding sources.

Duties and Responsibilities:
The successful candidates will have a comprehensive set of responsibilities, including but not limited to: managing FAD's travel and expert salary budget through continuous monitoring and forecasting, ensuring compliance with departmental guidelines; processing and approving requisitions, purchase orders, and invoices; coordinating the monthly TRACES exercise to ensure accuracy and compliance with donor chargeback requirements; providing training to staff on TRACES and guidance on donor charging policies; managing year-end accruals for travel and other expenses in collaboration with the FINANCE Department and FAD divisions; assisting with budget management for FAD seminars and workshops; overseeing FAD's interpretation and translation budget; supporting the preparation of FAD's medium-term budget and budget analytics for departmental planning; monitoring petty cash usage and P-card expenditures; collaborating with various departments to resolve journal adjustments and budget errors; and liaising with interdepartmental working groups on budgeting, resource management, and financial reporting as necessary.

Required Qualifications:
Candidates must possess a University Degree or equivalent in Business Administration, Accounting, Finance, Economics, or a related field. Additionally, they should demonstrate well-developed quantitative abilities, including advanced proficiency in Excel, with the capability to organize, analyze, and present large data sets using Power BI Dashboards and Power Automate. Strong attention to detail and accuracy is essential, along with the ability to reconcile data from multiple sources. Candidates should also exhibit sound judgment, the ability to prioritize tasks, and manage multiple responsibilities under tight deadlines, as well as strong oral and written communication skills.

Educational Background:
A University Degree or equivalent in a relevant field such as Business Administration, Accounting, Finance, or Economics is required for this position. This educational background is essential to ensure that candidates have the foundational knowledge necessary for effective budget management and analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis.

Experience:
Candidates should have relevant experience in budget management, financial operations, or a related field. The level of experience required is not explicitly stated, but it is implied that candidates should have a solid understanding of financial processes and the ability to work effectively in a team-oriented environment. Experience with data analysis and financial reporting is highly valued.

Languages:
While the job description does not specify mandatory languages, proficiency in English is likely essential given the international nature of the IMF and the requirement for strong communication skills. Additional language skills may be considered an asset but are not explicitly mentioned as necessary.

Additional Notes:
This position is a one-year contractual appointment, with the possibility of renewal for up to four years based on performance, budget availability, and ongoing business needs. Candidates must currently reside in the Washington DC metro area to be considered for the position. The IMF is committed to non-discrimination in employment and welcomes requests for reasonable accommodations for disabilities during the selection process.