International Monetary Fund Washington , DC 20319
The Fiscal Affairs Department of the International Monetary Fund is seeking an experienced public financial management (PFM) expert for a position of resident advisor in Athens, Greece. The advisor will be based in the General Accounting Office of the Ministry of Finance.
The Greek government has embarked on multi-year reforms to accounting and cash management for the central administration and general government.
The initial focus of the position will be on:
Supporting the implementation of a new chart of accounts and budget classification (CoA) in the central administration, and resultant revisions to the fiscal reporting framework, and
Setting up cash forecasting and advising on cash management for central and general government,
In parallel, the advisor will support the authorities in preparing for later reform stages, which include
CoA: Completion of the reforms to the CoA in the central administration, and validation and roll-out of a unified CoA to all general government entities;
Accounting in the central administration: Complete and timely in-year accounting data on a cash basis, followed by preparation for and eventual transition to accrual basis accounting;
Accounting in general government: Preparation of accounting standards and policies for accrual basis accounting, and guidance on their introduction;
Fiscal reporting for the central administration and general government: Revisions to the fiscal reporting framework to reflect the new CoA and accounting policies, ensuring alignment with international statistical standards and guidelines and a consistent chain of reports between the medium-term fiscal strategy, budgets, budget execution reports and accounts; and
Cash management: Streamlining of bank accounts, shifting from cash pooling to a tightly linked Treasury Single Account for the central administration, and bringing central and general government entities into the TSA.
The position will require coordination with and providing support for other technical assistance inputs, including FAD headquarters missions, short-term experts, and assistance provided by the IMF's Statistics department. Ability to monitor and provide first-line advice on other PFM topics including budget execution processes and budgeting including performance-based budgeting would be a bonus.
The initial appointment would be for a period of one year. It is renewable, subject to satisfactory performance, and it is expected that the advisor would spend at least two years in the position, provided financing is available. She/he will report for day-to-day work to the General Secretary of the General Accounting Office, and be backstopped by the Fiscal Affairs Department.