International Monetary Fund

Senior Budget Officer (OBP)

International Monetary Fund  •  United States (Onsite)  •  3 hours ago
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Job Description

Work for the IMF. Work for the World.

The Office of Budget and Planning (OBP) is seeking to hire a Senior Budget Officer OBP is part of the Office of the Managing Director and oversees the Fund's more than $1 billion administrative budget, plus capital spending, working with an interdepartmental budget community. OBP’s work involves budget formulation, negotiation of spending envelopes with each of the Fund's departments and offices, monitoring budget execution, and making mid-year adjustments as needed. The Office is often called on to assess the budget implications of internal policies and new work streams, as well as the consequences of changes in the external environment.

Under the overall guidance of the Director of OBP, the Senior Budget Officer will a dvise onoverall Fund-wide resources planning and budgeting process, contributesubstantially tothe development of budgetary policy and the strategic planning framework and to the preparation of papers for stakeholders across the Fund, including the Executive Board. Additionally, the Senior Budget Officer will serve as leader of a team of Budget Officers andAnalystsin the preparation and implementation of major elements of the administrative and capital budgets. The Senior Budget Officer will lead or significantly contribute to special projects and organizational reviews andparticipatesin cross departmental working groups and evaluation teams.

The IMF is committed to achieving a diverse staff, including gender, nationality, culture, and educational background. The position does not involve travel.

Major Duties and Responsibilities

  • Coordinates work among peers to ensure that deliverables are completed ona timelybasisand that budget policy is communicated and operationalized in a consistent manner.Mentorsjunior staff.

  • Analyzes resource planning and allocation issues with departments and makes recommendations based on feasibility, cost-benefit analysis, overall strategy, and institutional impact.

  • Analyzes the budgetary implications of major policy proposals toestablishresource needs.Identifiesand analyzes themain issuesaffecting the Fund's work programs and budgets based upon the overall strategy and institutional impact and provides strategic and policy advice.

  • Develops and communicates recommendations and discusses substantive issues with departments, including those associated with policy proposals to management, the Committee on the Budget, and the Executive Board.

  • Formulates Fund-wide analytical models for forecasting the Fund's budget and assessing expenditure patterns and other tools used for budget monitoring and control. Develops indicators and reporting processes tomonitoroutputs, inputs, and cost-effectiveness of Fund programs and activities. Provides advice and feedback to Fund/departmental management.

  • Assistsin the development of the Fund's budgetary systems. Meets with officials from other international financial institutions, government agencies, and privatesector, to review staffing and budget policies, as well as best practices in strategic planning and budgeting.

  • Conducts background research, analysis, and evaluation of various planning and budgeting issues; making recommendationson the basis offeasibility, cost-benefit, strategic direction, business and institutional impact, and industry trends.

Minimum Requirements

Educational development, typically acquired by the completion of an advanced university degree, or equivalent, in business, finance, budgeting, accounting, statistics, computer science, or related field, or a Certified Public Accountant (CPA) or similar professional certification, supplemented by a minimum of eight (8) years of relevant professional experience, is required. Alternatively, a minimum of two (2) years of experience in a related position at Grade A12, or equivalent, isrequired

In addition to these qualifications, the position requires:

  • Strong analytical skills, experience in resource and financial management matters, and excellent written and verbal communication skills;

  • Experience in assessing resource implications of major business and technology transformation initiatives. Information technology-related experience or certifications would be an added advantage;

  • Knowledge of and prior experience with financial and budget systems would be preferred;

  • Ability to plan, organize, and manage complex activities and multitasking, often under tight deadlines;

  • Ability to lead and supervise junior staff and exercise sound judgement and tact in dealing with the Board, management, and staff at all levels; and

  • Proven competence to handle sensitive and highly confidential matters with discretion and diplomacy

  • Familiarity with AI-enabled tools, including responsible use and validation of outputs, to support analysis, drafting, and process improvement would be a plus

Department:

OBP Office of Budget and Planning

Hiring For:

A13, A14

The IMF is guided by the principle that the employment, classification, promotion, and assignment of staff shall be made without discrimination against any person. 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.

International Monetary Fund

About International Monetary Fund

The International Monetary Fund has a key position in promoting the health of the world economy. Established in 1944 as a part of the United Nations system, the IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards.

To maintain stability and prevent crises in the international monetary system, the IMF conducts surveillance of national, regional, and global economic and financial developments. It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies.

The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries.

Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics.

Industry
Finance & Insurance
Company Size
5,001-10,000 employees
Headquarters
Washington, DC
Year Founded
1945
Website
imf.org
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