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Public Financial Management Jobs (NOW HIRING)

World Bank Group

E T Consultant

Washington, DC · On-site

Module 1 - Managing Public Finances: Budget preparation and execution, cash management, fiscal risk, and internal controls. Module 2 - Financial Reporting and Auditing: Public sector accounting ...

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$20K

$78.6K

$152K

How much do public financial management jobs pay per year?

As of Jul 31, 2026, the average yearly pay for public financial management in the United States is $78,569.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,000.00 and $104,000.00 per year, depending on experience, location, and employer.

What are some typical challenges faced by professionals working in Public Financial Management, and how can they be addressed?

Professionals in Public Financial Management often encounter challenges such as balancing limited resources with competing public needs, ensuring compliance with complex regulations, and maintaining transparency in financial reporting. Addressing these challenges requires strong analytical skills, attention to detail, and effective communication with various stakeholders. Working collaboratively with departments and staying updated on policy changes can also help in developing efficient budgeting processes and improving fiscal accountability.

What is the role of public financial management?

Public financial management involves planning, directing, and controlling government financial resources to ensure efficient allocation and use of public funds. It includes budgeting, accounting, auditing, and financial reporting to promote transparency, accountability, and fiscal sustainability within the public sector.

What is the difference between Public Financial Management vs Budget Analyst?

AspectPublic Financial ManagementBudget Analyst
Required CredentialsDegree in finance, public administration, or related field; certifications like CPA or CGFM beneficialDegree in finance, economics, or public administration; certifications like CBAP or CPM helpful
Work EnvironmentGovernment agencies, public sector organizations, non-profitsGovernment agencies, private firms, non-profits
Employer & Industry UsageUsed in managing public funds, policy implementationUsed in preparing, analyzing, and monitoring budgets

Public Financial Management and Budget Analysts both work within the public sector and require similar financial credentials. However, Public Financial Management focuses on overseeing the entire financial health of public organizations, while Budget Analysts specialize in creating and managing budgets. Both roles are essential for effective public sector financial operations but differ in scope and responsibilities.

What professions make 500,000 a year?

In public financial management, high-level roles such as chief financial officers, senior government finance officials, and financial directors can earn $500,000 or more annually, especially with extensive experience, advanced certifications, and leadership responsibilities. These positions often require strong analytical skills, strategic planning, and knowledge of financial regulations and tools.

What is public financial management?

Public Financial Management (PFM) refers to the processes, policies, and systems that governments use to manage public funds. This includes budgeting, revenue collection, expenditure control, accounting, auditing, and financial reporting. The goal of PFM is to ensure that public resources are used efficiently, effectively, and transparently to achieve policy objectives. Effective PFM supports good governance, accountability, and sustainable economic growth.

What are the key skills and qualifications needed to thrive in Public Financial Management, and why are they important?

To thrive in Public Financial Management, you need strong analytical skills, expertise in budgeting and financial reporting, and a background in finance, accounting, or public administration. Familiarity with financial management systems, government accounting software, and certifications such as CPA or CGFM are commonly required. Excellent communication, problem-solving abilities, and ethical judgment help professionals navigate complex regulations and collaborate with diverse stakeholders. These competencies ensure responsible stewardship of public funds and support transparency, compliance, and effective decision-making within government organizations.

Is public financial management a good major?

Public financial management is a relevant major for careers in government agencies, non-profits, and international organizations that handle budgeting, accounting, and financial oversight. It often requires strong analytical skills, knowledge of accounting software, and understanding of public policy. Graduates can pursue roles such as financial analyst, budget analyst, or financial manager in the public sector.

What are the jobs of financial management?

Financial management involves planning, organizing, directing, and controlling financial activities within an organization. Key tasks include budgeting, financial analysis, investment decision-making, risk management, and ensuring compliance with financial regulations. Professionals in this field use tools like financial statements and accounting software to support organizational financial health.
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Public Financial Management jobs near you
Infographic showing various Public Financial Management job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $78,569 per year, or $37.8 per hour.

WBG Pioneer - Public Financial Management (PFM) Intern

The World Bank Group

Washington, DC

$20 - $26.25/hr

Other

Posted 17 days ago

Job description

The Governance Global Practice - Public Financial Management (WKPGF) is seeking a highly motivated intern to support its Public Financial Management (PFM) work program from October 2026 to March 2027 at the World Bank Headquarters in Washington, D.C. The internship will provide hands-on experience supporting analytical, operational, and knowledge activities related to modern public financial management reforms. The intern will work under the overall guidance of Serdar Yilmaz, Practice Manager, and the day-to-day supervision of Margaux Lucrece Lelong, Task Team Leader (TTL).

The internship will focus on cutting-edge PFM reforms, including spending reviews, green budgeting, performance budgeting, and medium-term budgeting frameworks (MTBF/MTEF). The intern will contribute to global knowledge products, country engagements, and analytical work supporting governments in strengthening fiscal sustainability, improving expenditure efficiency, and aligning budgets with strategic priorities. In addition to contributing to the PFM work program, the intern will have the opportunity to participate in seminars, technical discussions, learning events, and networking activities across the World Bank Group.

Roles and Responsibilities

The intern will contribute to the implementation of the Global PFM Program through a combination of analytical, research, and operational support activities, including:
  • Conduct analytical research on international Public Financial Management practices and reforms.
  • Support the preparation of global knowledge products on spending reviews, green budgeting, performance budgeting, and medium-term budgeting.
  • Contribute to comparative research, literature reviews, benchmarking exercises, and data analysis.
  • Assist in preparing technical notes, presentations, country briefs, and policy guidance.
  • Support operational engagements and technical assistance provided to client countries.
  • Contribute to organizing webinars, workshops, training events, and knowledge-sharing activities.
  • Participate in internal meetings, technical discussions, and peer review processes.
  • Assist with knowledge management activities, including maintaining databases, compiling country examples, and documenting good practices.
  • Undertake additional assignments as requested by the TTL and Practice Manager.
Expected Deliverables

Indicative deliverables may include:
  • Contributions to the development of the World Bank's analytical toolkit on Spending Reviews.
  • Background research and case studies on Green Budgeting practices.
  • Comparative analysis of Performance Budgeting and Medium-Term Budget Framework reforms across countries.
  • Contributions to global guidance notes, policy briefs, presentations, and training materials.
  • Country research supporting ongoing technical assistance and lending operations.
  • Analytical summaries and literature reviews supporting the Global PFM Program.
  • Inputs to workshops, webinars, and dissemination events.
Duration and Working Arrangements
  • Internship period: October 2026 - March 2027.
  • Location: World Bank Headquarters, Washington, D.C. (hybrid arrangements may be considered subject to team needs).
  • Working hours: Up to 30 hours per week.

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