About the job

• Job Type : Full Time

• Industry : Finance/Accountancy and Auditing/Business Administration

• Education Level : Senior level

Job Description

Job Identification: 2337

Locations: Dar es Salaam, Tanzania, United Republic of

Posting Date: 02/09/2022, 11:17 AM

Apply Before: 02/24/2022, 07:59 AM

Degree Level: Advanced/Postgraduate Degree

Job Schedule: Full time

Agency: UNCDF

Grade: NB4

Vacancy Type: National Personnel Service Agreement

Practice Area: Inclusive Growth

Bureau: Regional Bureau for Africa

Contract Duration: 1 Year

Education & Work Experience: Master's Degree

Other Criteria: Bachelors Degree with 2 years of experience

Required Languages: English and Swahili

Vacancy Timeline: 2 Weeks

Job Description

Background

UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.

UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.

The UN Capital Development Fund makes public and private finance work for the poor in the world's 46 least developed countries (LDCs). It offers "last mile" finance models that unlock public and private resources, especially domestic, to reduce poverty and support local economic development. UNCDF's financing models work through three channels: 1) Local development finance, which capacitates localities through fiscal decentralization, innovative municipal finance, and structured project finance to drive local productive capacity for sustainable development, 2) Inclusive digital economies connect individuals, households, and small businesses with financial eco-systems that catalyze participation in the local economy and provide tools to climb out of poverty and manage financial lives, and 3) Investment finance, which provides innovative financial structuring, de risking, and capital deployment to drive SDG impact and domestic resource mobilization.

UNCDF is a Fund Manager of the CookFund, which is a key component of the Integrated Approach to Sustainable Cooking Solutions Programme in Tanzania, established by the Government of Tanzania in collaboration with the Delegation of European Union (EU).

Under this context, UNCDF is looking for two experienced and enthusiastic Investment Officers (associate level) to join its global technical secretariat for project development and financing. The associates will focus on implementation side of the CookFund under the direct supervision of the CookFund Programme Manager based in Dar es Salaam, Tanzania.

Scope of Work

1. Organization and facilitation of key CookFund programme activities related to commercially viable investments, project development, transaction structuring, and financing.
2. Investment process execution and portfolio management.
3. Capacity development of key stakeholders of the programme in the areas of commercially viable investments.
4. Assist the Programme Manager to establish and maintain an effective and efficient project monitoring system providing regular feedback on the project performance and to update regularly risk and issue logs.
5. Liaise closely with other teams from UNCDF responsible for measurement of transformative impact of investment projects, including in climate change, food security, women’s economic empowerment and local economic development. Exchange data and information to ensure that selected projects meet the criteria for transformational.

Duties and Responsibilities

1. Organization and facilitation of key CookFund programme activities related to commercially viable investments, project development, transaction structuring, and financing

• Support the process of investments identification, data analysis and preparation of basic information memorandum for the investment officers‘ review and project structuring;
• Build, own, and operate high quality financial models for renewable energy, SMEs and public and private infrastructure projects across the portfolio;
• Produce analyses from those models to optimize returns, financial viability, support decision making in the development team, and facilitate financing;
• Provide project development support to project sponsors identified;
• Pro-actively seek improvements in the UNCDF project financing and structuring;
• Prepare and facilitate technical missions for investment projects validation and pipeline development;
• Other duties as assigned.

2. Investment process execution and portfolio management

• Support the team in planning and execution of the CookFund Programme;
• Support development of programme progress reporting on weekly basis, and as when necessary;
• Support timely planning, budgeting, and reporting in accordance with UNCDF guidelines;

3. Capacity development of key stakeholders of the programme in the areas of commercially viable investments

• Assist in capacity development and training to ensure programme knowledge generation and dissemination;
• Support the programme activities related to delivery of CookFund training and workshops;
• Provide basic inputs in the development and application of the investment management processes and tools to assist senior investment officers in developing facilitate knowledge transfer, training, and development of capacities of local stakeholders in the public and private sectors.

4.  Assist the Programme Manager to establish and maintain an effective and efficient project monitoring system providing regular feedback on the project performance and to update regularly risk and issue logs.

5. Liaise closely with other teams from UNCDF responsible for measurement of transformative impact of investment projects, including in climate change, food security, women’s economic empowerment and local economic development. Exchange data and information to ensure that selected projects meet the criteria for transformational

Institutional Arrangement

The Associate Investment Officer will work under the guidance and direct supervision of the CookFund Programme Manager.

Competencies:

• Client Orientation
• Building Partnerships
• Demonstrate corporate knowledge and sound judgment
• Self-development, initiative-taking
• Facilitating and encouraging open communication in the team, communicating effectively
• Creating synergies through self-control

Required Skills and Experience

Education

• Master’s degree or equivalent in finance, accounting, economics, investments, or other business related fields.
• A Bachelor’s degree with additional 2 years or relevant work experience will be given due consideration.

Experience

• Minimum two years relevant experience (with Bachelors degree);
• Experience in organization of events, conferences etc. is an asset;
• Experience in early warning and response, and hate speech management;
• Excellent writing skills with demonstrated ability to contribute to policy development and implementation;
• Experience in coordinating and liaising with authorities, CSOs and/or donors.
• Demonstrated capability to understand and analyze complex financial problems and find innovative solutions;
• Highly numerate, with strong writing and communication skills, particularly in communicating financial concepts and analysis;
• Methodical and detail minded;
• Demonstrated knowledge and/or experience in preparation of project financial analysis and advanced excel;
• Work experience in project finance, financing investments through development finance, and commercial debt;
• Demonstrated experience in development of investment projects through the entire project development life cycle and the financing stages;
• Demonstrated ability to engage across multiple stakeholders, including project sponsors, government partners and financial institutions.

Language

• Fluency in both spoken and written English & Swahili is required.

 Professional Certificates

• Additional professional qualifications is not mandatory. However, candidates with additional certifications such as CFA, CPA, ACCA, Financial Analysis, or equivalent have a competitive advantage. 

Disclaimer

Important information for US Permanent Residents ('Green Card' holders)

Under US immigration law, acceptance of a staff position with UNDP, an international organization, may have significant implications for US Permanent Residents. UNDP advises applicants for all professional level posts that they must relinquish their US Permanent Resident status and accept a G-4 visa, or have submitted a valid application for US citizenship prior to commencement of employment. 

UNDP is not in a position to provide advice or assistance on applying for US citizenship and therefore applicants are advised to seek the advice of competent immigration lawyers regarding any applications.

Applicant information about UNDP rosters

Note: UNDP reserves the right to select one or more candidates from this vacancy announcement.  We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description, experience and educational requirements.

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