Finance Analyst/Senior Finance Analyst - FINAXPP

International Monetary Fund; Washington (District of Columbia); On-site; USD 90,000 - 130,000; Full time

Job summary

The International Monetary Fund is seeking an experienced Finance Analyst/Senior Finance Analyst for the Payroll Unit of FINAX in Washington, DC. The role focuses on payroll processing, benefits, and related payments for thousands of staff, with emphasis on accuracy and timely execution.

You will audit, analyze, and advise stakeholders, contribute to policy development, and support system enhancements. Candidates should have a university degree in accounting/finance or related field, with

Qualifications

• University degree in accounting, business, finance, HR, or related field.
• At least 5 years of relevant work experience, or 2 years at Grade A05.
• Strong analytical, problem-solving and communication skills.

Responsibilities

• Conducting and controlling personnel and administrative payments
• Performing audit, reconciliation, and analytics work
• Providing advice and guidance to internal and external stakeholders
• Contributing to policy and procedure development
• Participating in system and process enhancement initiatives
• Payroll and benefits operations focusing on onboarding, offboarding, and benefits management

Skills

Payroll processing

Analytical skills

Customer service

Policy implementation

Communication skills

Education

University degree in accounting/finance or related field

Tools

PeopleSoft

Workday

ServiceNow

Job description

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.

Responsibilities

• 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
• 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
• 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
• 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

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

The IMF works to foster global monetary cooperation, secure financial stability, facilitate international trade, and promote high employment and sustainable economic growth. Our work on the macroeconomic benefits of challenges such as empowering women, modernizing the global trading system, and wage inequity, provides new ideas to safeguard the stability of the international monetary and financial system and addresses the world's most pressing macroeconomic and financial issues. Our 3,100 dedicated employees are leaders in their fields and collaborate to address the needs of our members and make a meaningful, positive difference to lives across the globe