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March 2015

March 31, 2015

Double Job Announcement! PEFA Secretariat

PEFA

Job vacancies in the PEFA Secretariat

Are you enthusiastic about improving the effectiveness of public financial management? Do you want to contribute to better public sector management and performance? Are you keen to stimulate public sector reform? You might be one of the people we are seeking to join the PEFA Secretariat.

 

We have vacancies for a Program Advisor and a Senior Program Advisor
to work in the PEFA Secretariat in Washington DC

You can see more details about who we are looking for here

 About PEFA

The PEFA program aims to strengthen public financial management and accountability systems and improve knowledge of the quality and scope for improving public financial management performance. The program seeks to achieve this aim through the application of PEFA assessment methodology, performance reports, research, analysis and application of PEFA results. The PEFA methodology is in over 150 countries.

The PEFA program is directed by a Steering Committee comprising seven partner organisations: World Bank Group, International Monetary Fund, European Commission, UK Department for International Development, Swiss State Secretariat for Economic Affairs, French Ministry of Foreign Affairs, and Norwegian Ministry of Foreign Affairs. The PEFA Secretariat, hosted by the World Bank in Washington DC, assists the Steering Committee in the development and maintenance of the program. It also provides global support to users of the PEFA methodology through advice, guidance, training, research and information.

About the job vacancies

Senior Program Advisor – click here to learn more or apply on line

The right person for this position will be part of the leadership team in the Secretariat. They will manage and deliver on core activities, including:

Ø Technical reviews of planned and draft PEFA assessments 

Ø Research and reporting on the application of the PEFA Framework

Ø Finalization of the upgrade of the PEFA Framework, including development of guidance, training materials, information and liaison with various stakeholders 

Ø Outreach and cooperation with governments and organisations with an interest in PEFA or related diagnostic tools

Ø Support to clients, peer learning, tracking progress, innovation and active engagement, including training, developing new products and building relationships

The Senior Program Advisor will have a track record of at least 8 years’ experience in public financial management or related disciplines. They will have relevant post-graduate qualifications and demonstrate significant achievements as a leader and manager. They will have a good understanding of the PEFA Framework and experience in application and/or analysis of PEFA assessments. They will have strong inter-personal skills and demonstrated ability to speak and write effectively in English. Ideally they will also be able to work in at least one other language used in PEFA reports (French, Spanish and Portuguese).

Applications for Senior Advisor are to be made through the World Bank job center. The job reference is 150459. Please do not submit your application to the Secretariat directly.

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Program Advisor -  click here to learn more or apply on line

The right person for this job will be a core member of the PEFA Secretariat team. They will work independently and with other team members on:

Ø Technical reviews of planned and draft PEFA assessments 

Ø Research and reporting on the application of the PEFA Framework

Ø Finalization of the upgrade of the PEFA Framework, including development of guidance, training materials, information and liaison with various stakeholders 

Ø Support to clients, peer learning, tracking progress, innovation and active engagement, including training, developing new products and building relationships

The Program Advisor will have a track record of at least 4 years’ experience in public financial management or related disciplines. They will have relevant post-graduate qualifications and demonstrate ability to work effectively in a team. They will have a good understanding of the PEFA Framework and ideally will have some experience in application and/or analysis of PEFA assessments. They will have strong inter-personal skills and demonstrated ability to speak and write effectively in English. It is desirable that they are also able to work in one other language used in PEFA reports (French, Spanish and Portuguese).

Applications are to be made through the World Bank job center.  The job reference is 150467Please do not send applications to the Secretariat directly.

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If you want more information about PEFA or the Secretariat, please visit our website at: www.pefa.org or send us an email at services@pefa.org

 

 

Note: The posts on the IMF PFM Blog should not be reported as representing the views of the IMF. The views expressed are those of the authors and do not necessarily represent those of the IMF or IMF policy.

March 20, 2015

DAMS AND DIKES FOR PUBLIC FINANCES

1421 - St Elizabeth Flod

Posted By Vitor Gaspar, Richard Hughes, and Laura Jaramillo

Fortune, wrote Machiavelli five hundred years ago in The Prince, is like a violent river. She “shows her power where virtue has not been put in order to resist her and therefore turns her impetus where she knows that dams and dikes have not been made to contain her.” Managing the ebb and flow of government’s fiscal fortunes poses similar challenges today. We need a risk-based approach to fiscal policymaking that applies a systematic analysis of potential sources of fiscal vulnerabilities. This method would help countries detect potential problems early, and would allow for institutional changes to build resilience.

Continue reading "DAMS AND DIKES FOR PUBLIC FINANCES" »

March 03, 2015

New Governance Arrangements for the IPSAS Board

IPSASB

Posted by Delphine Moretti

Following a year-long consultation, the IMF-OECD-World Bank-chaired Review Group on the Governance of International Public Sector Accounting Standards (IPSAS) has today issued its recommendations for strengthening the oversight of the IPSAS Board. They include the establishment of a new Public Interest Committee whose founding members will be the IMF, OECD, World Bank, and INTOSAI and a new Consultative Advisory Group comprised of producers and users of government financial statements.

As discussed several times on this blog and in the IMF’s 2012 paper on “Fiscal Transparency, Accountability, and Risk”, the global financial crisis highlighted the significant gaps and weaknesses in public sector accounting practices and underscored the need for more comprehensive, reliable, and timely financial reporting by governments. These concerns were echoed by the G-20 at their meeting in Moscow in February 2013, when they called on the IMF, World Bank, and OECD to work to improve the transparency and comparability of public sector financial reporting.

Continue reading "New Governance Arrangements for the IPSAS Board" »

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