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Finance Officer - FINAI CO

International Monetary Fund
Washington, DC Full Time
POSTED ON 1/16/2025
AVAILABLE BEFORE 4/13/2025

Work for the IMF. Work for the World.

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The Control Unit of the Finance Department (FIN) is seeking a financial officer to work in a dynamic financial organization. The Control Unit is responsible for (i) monitoring and assessing key aspects of the control environment within the department, including IT; (ii) monitoring Fund-wide risk, control, and IT developments that have an impact on the work of FIN; (iii) monitoring and reporting on internal controls and operational risks for financial operations; (iv) conducting a deep analysis of, and subsequently translating new financial policy to financial systems; (v) managing IT projects to ensure adequate controls and risk mitigation; (vi) being familiar with business continuity practices and other Fund resilience programs; (vii) undertaking control assessments for key financial transactions and spreadsheet control reviews of financial data that is included in Board papers; and (viii) researching, planning, and implementing innovation and automation projects such as RPA (Robotic Process Automation), automated workflows (like Microsoft Power apps), AI, and similar tools.

The successful candidate should have broad, flexible skills and expertise that will enable him / her to work on a daily basis with a multidisciplinary team involving technology support, consultants and colleagues from other divisions as well as other departments (mainly Corporate Services and Facilities, Office of Risk Management, and IT) to ensure full integration of operational risks and controls within existing financial systems or existing business process areas. The candidate is also expected to contribute to a wide variety of projects related to risk and internal control assessments, policy, accounting, process, Business process optimization, and financial systems. The candidate is also expected to assist in innovation projects and initiatives, including the use of tools like Robotic Process Automation, AI, and Workflows.

Under the general supervision and guidance of the Unit Chief, the successful candidate will :

  • Provide expertise on the IT aspect of complex financial operations and contribute to system configurations driven by policy implementation;
  • Support system changes or development projects, including large IT capital projects such as enhancements and major upgrades;
  • Research and analyze issues from an internal control and / or system perspective, with a focus on the implications of key changes in internal control procedures;
  • Support the team and department in data analysis, data extraction, data management, and data dashboarding / reporting;
  • Assist in developing documentation and assessments vis vis internal controls;
  • Produce reports for purposes of monitoring controls and exceptions;
  • Participate in other short-term projects, on an ad hoc basis, in support of the work of the CU; and
  • Assist in areas of development such as risk management / framework, innovation and automation, process mapping, and control framework assessment.

Minimum Qualifications

A strong background and advanced university degree in finance, business administration, risk management, data science, IT systems, or IT development, or similar professional finance certification (such as, CPA, CMA, etc); or bachelor's degree, plus a minimum of six years of relevant professional work experience.

In addition, the successful candidate should have comprehensive knowledge of IT systems beyond that of an end-user, with the ability to translate that knowledge to practical business circumstances. Prior experience in financial systems is a plus, as is experience in Business Intelligence, databases, citizen development of automation tools, and data management from a business perspective. Familiarity with other innovation tools, AI, and process improvement tools is a plus.

The successful candidate will be expected to possess the ability to multi-task and to collaborate effectively in a team environment. In addition, strong problem solving and analytical skills, the ability to learn and adapt quickly to new subject matter and systems, and solid verbal and written communication skills are essential for the role.

This job posting has been extended. Previous applicants need not re-apply.

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.

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 :

FINAI CO Finance Department Immediate Office Control Unit

Hiring For : A09, A10

The IMF is committed to hiring 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. Information on how to request accommodations will be provided during the application process.

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