Finance Analyst/Senior Finance Analyst - FINAXPP

Posted Yesterday
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Washington, DC, USA
In-Office
Senior level
Fintech • Healthtech
The Role
Processes and controls payroll, benefits, allowances, earnings, and deductions for IMF employees. Performs reconciliations, audits, analytics, stakeholder support, policy development, and system testing. Handles onboarding, separations, insurance, retirement plans, expatriate allowances, and field staff payroll while supporting process improvements and accurate, timely payments.
Summary Generated by Built In

Work for the IMF. Work for the World.

 

The Finance Department (FIN) of the IMF is seeking an experienced and qualified candidate for a Finance Analyst/Senior Finance Analyst position in the Payroll Unit of its Administrative Expenditures and Control Division (FINAX). The division is responsible for controlling all Fund payments and receipts under the administrative and capital budgets and under externally provided capacity development agreements. Activities under the administrative budget include the procurement of goods and services, the execution of payroll and associated staff benefits, allowances and pension benefits and the delivery of business and benefit travel services and seminars. Under the capital budget, this entails the execution of information technology projects, building construction projects and other facilities. It also monitors changes in U.S. tax legislation and the impact such changes could have on the Staff Retirement Plan and the Fund's Tax Allowance system. The Payroll Unit is responsible for processing compensation, benefits, and allowances for more than 4,750 employees in the Fund.


The main duties and responsibilities of a Finance Analyst/Senior Finance Analyst in the division include conducting and controlling personnel and administrative payments, performing audit, reconciliation, and analytics work, providing advice and guidance to internal and external stakeholders, contributing to new policy and procedure development, and participating in system and process enhancement and transformation initiatives.


The advertised position is focused in the areas of payroll and benefits operations with responsibility for ensuring accurate and timely processing of regular and ad-hoc payrolls, allowances, earnings, and deductions in accordance with established policies, procedures, controls, and work schedules. Areas of work include on-boarding/hires, off-boarding/separations, medical/life insurance, 401(k) and staff retirement plans, expatriate allowances, and overseas field staff. Providing customer service for staff regarding payroll and benefits inquiries is also part of the role. Additional duties include assistance with requirements, creation of test scenarios and testing as part of system and process enhancements and policy implementation.


The selected candidate may also be assigned to other units within the division as needed.


Qualifications


Candidates must have a university degree, preferably in accounting, business administration, finance, human resources, or a related field, preferably with at least 5 years of relevant work experience; or a minimum of two years of experience at Grade A05. Learning agility, adaptability, and proven customer service skills are essential. In addition, they should have strong verbal and written communication skills and the ability to deal effectively and diplomatically with stakeholders. Attention to detail, accuracy, strong problem solving and analytical skills, and the ability to work under pressure, meet deadlines, and multitask are essential. The ability to work independently and collaboratively in a team environment is also required.


The successful candidate must have previous experience with payroll processing. Previous experience with accounting, bookkeeping, or benefit administration is preferred. Previous experience and knowledge of international organizations’ payroll, benefit administration, and related accounting and administrative policies and procedures are preferred. Proficient knowledge of standard data and analytical software tools is expected and experience with Peoplesoft, Workday, and ServiceNow is a plus.


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.


Only candidates who are currently residing in the Washington DC metro area will be considered.

Department:

FINAXPP Finance Department Administrative Expenditures/Control Personnel Payments Section

Hiring For:

A06, A07, A08

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.

Skills Required

  • University degree, preferably in accounting, business administration, finance, human resources, or a related field
  • At least five years of relevant work experience, or at least two years of experience at Grade A05
  • Previous experience with payroll processing
  • Learning agility, adaptability, and proven customer service skills
  • Strong verbal and written communication skills
  • Ability to deal effectively and diplomatically with stakeholders
  • Attention to detail, accuracy, problem-solving, and analytical skills
  • Ability to work under pressure, meet deadlines, and multitask
  • Ability to work independently and collaboratively in a team environment
  • Previous experience with accounting, bookkeeping, or benefits administration
  • Experience with international organizations' payroll, benefits administration, and related accounting and administrative policies
  • Proficiency with standard data and analytical software tools
  • Experience with PeopleSoft, Workday, and ServiceNow
  • Statement of Interest attached to the application
  • Current residence in the Washington, DC metropolitan area
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The Company
HQ: Washington, DC
6,041 Employees
Year Founded: 1945

What We Do

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

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