The Finance Department of the International Monetary Fund is seeking experienced and qualified candidates for an Accountant position in its Financial Operations and Reporting Division. The Division is responsible for all financial operations and transactions with member countries and for the financial statements of the Fund and the accounts it administers as Trustee. Specific responsibilities include the following with the role and extent of leadership responsibility in areas commensurate with experience:
Participate in the analysis and interpretation of new and existing accounting standards and policies for application in the Fund. Prepare accounting policy, position and issues memos. Prepare financial statements in accordance with International Financial Reporting Standards (IFRS).
Assist and, at higher grades, lead the formulation and implementation of operations and financial reporting policies. Contribute to and/or lead work on board papers and policy notes on financial issues including: Fund finances, financial transactions and transactions plan, liquidity, SDRs, income, audit, arrears, risk management and internal controls. Participate in financial analyses of the Fund's financial policies and prepare or collaborate with other departments and divisions in the preparation of policy papers.
Maintain strong relationships with officials of member countries and financial institution counterparts; respond to queries from Executive Directors, country authorities or other departments and review responses of other team members; Provide advice related to members' financial positions in the Fund or financial transactions and policies.
Liaise with internal and external auditors on their audits of the financial statements, financial transactions and implementation of financial policies, internal controls and financial reporting practices. Provide input to and liaise with the External Audit Committee.
Prepare and/or lead analyses and forecasts; design and review operational, accounting and management reports; propose new approaches and analyses to meet evolving financial issues.
Ensure financial transactions are executed in compliance with the Fund's decisions, rules, regulations and internal control requirements. Propose new controls or procedures and assess and document controls over financial transactions.
Apply knowledge of technology and financial databases to ensure policies are accurately translated to financial IT systems. Contribute to the adoption of new systems and best business practices and of corporate governance and systems of internal controls.
Candidates must have a professional accounting certification such as CPA or CA, supplemented by a minimum of four years of professional experience in international financial reporting or auditing typically acquired in a public accounting firm or a financial institution. Other essential skills include: knowledge of IFRS (experience in financial reporting for investments and financial instruments is desirable), excellent analytical abilities, and proficiency in systems and software applications. The position also requires strong analytical skills, written and oral communication skills, the ability and willingness to handle multiple tasks under tight deadlines, deal effectively and diplomatically with internal and external stakeholders, and the ability to work independently and in teams.
The IMF is committed to achieving a diverse staff, including gender, nationality, culture and educational background.
Employer will assist with relocation costs.
Internal Number: 1800275
About International Monetary Fund
The IMF works to foster global growth and economic stability. It provides policy advice and financing to members in economic difficulties and also works with developing nations to help them achieve macroeconomic stability and reduce poverty. With its near-global membership of 186 countries, the IMF is uniquely placed to help member governments take advantage of the opportunities—and manage the challenges—posed by globalization and economic development more generally. The IMF tracks global economic trends and performance, alerts its member countries when it sees problems on the horizon, provides a forum for policy dialogue, and passes on know-how to governments on how to tackle economic difficulties. The IMF provides policy advice and financing to members in economic difficulties and also works with developing nations to help them achieve macroeconomic stability and reduce poverty. Marked by massive movements of capital and abrupt shifts in comparative advantage, globalization affects countries' policy choices in many areas, including labor, trade, and tax policies. Helping a country benefit from globalization while avoiding potential downsides is an important task for the IMF. The ...global economic crisis has highlighted just how interconnected countries have become in today’s world economy. The IMF was founded more than 60 years ago toward the end of World War II. The founders aimed to build a framework for economic cooperation that would avoid a repetition of the disastrous economic policies that had contributed to the Great Depression of the 1930s and the global conflict that followed.