Regional Public Financial Management Advisor, Riyadh, Saudi Arabia - FADM1

Posted 10 Days Ago
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Saudi Arabia
Senior level
Fintech • Healthtech
The Role
Provide macro-fiscal support and capacity development to the Ministry of Finance in Saudi Arabia, focusing on forecasting, budget preparation, and fiscal risk analysis.
Summary Generated by Built In

Work for the IMF. Work for the World.

 

Macro-Fiscal Resident Advisor, Saudi Arabia

Description

The Fiscal Affairs Department (FAD) of the International Monetary Fund (IMF) is seeking an experienced and qualified expert to fill a resident macro-fiscal and public financial management (PFM) advisor position based in Riyadh, Saudi Arabia.

The position requires strong macro‑fiscal analytical skills and experience in public finance, with a focus on macro-fiscal forecasting and modelling, fiscal risks, and fiscal policy analysis.

The advisor will provide capacity development support to staff of the Macro-Fiscal Policy Deputyship (MFPD) at Ministry of Finance of Saudi Arabia. This will include hands-on support and training to: develop and refine forecasting and modelling tools that support and integrate with budget preparation; build macro-fiscal and fiscal risk analytical capabilities; enhance staff capacity to communicate macro-fiscal policy and analysis; and enhance budget documentation and the analytical reports of the MFPD.

The advisor will be expected to work proactively with staff of the MFPD to identify capacity development needs and actions to address them. Working with staff from IMF headquarters the advisor will also assist in coordinating and supporting complementary activities by short‑term experts.

The advisor's appointment will be for a period of one year and may be renewed subject to satisfactory performance. The Advisor will report to FAD staff in Washington DC, which will in turn provide the Advisor with ongoing advice and support.

Qualifications

Applicants should have a university degree or equivalent (at least at master’s level), preferably in economics or finance, and at least four years of relevant professional experience. Strong Arabic language skills would an advantage, along with an understanding of the Saudi economy. Preference will be given to candidates with extensive practical experience (at least 10 years) working in macro-fiscal analysis and policy departments of finance ministries, similar agencies, or international institutions, or in delivering similar capacity development.

Candidates are expected to have relevant expertise in macro-fiscal analysis, forecasting and fiscal policy. Candidates should also have a sound understanding of fiscal frameworks and their integration with budgetary processes and approaches to fiscal risk analysis.

Candidates should possess excellent interpersonal and communication skills, have strong analytical, policy and research skills, and be able to transfer technical knowledge, build and maintain effective relationships and work collaboratively. Strong oral and written communication skills are required.

Department:

FADM1 Fiscal Affairs Department Public Financial Management I

Hiring For:

A11, A12, 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.

Top Skills

Budgeting Processes
Fiscal Policy Analysis
Macroeconomic Forecasting
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The Company
HQ: Washington, DC
6,041 Employees
On-site Workplace
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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