Senior Expert on Investments (Ukraine Facility Plan Monitoring)

The Recovery and Reform Support Team (RST) at the Ministry of Economy of Ukraine (Ministry) is a group of Ukrainian professionals (non-civil servants) funded on a temporary basis through the Ukraine Recovery and Reform Architecture (URA) programme that provides targeted technical support and assists the Ministry in the design and implementation of priority reforms. The RST will assist in filling capacity gaps in the design and implementation of priority reform strategies and programmes, while strengthening links and partnerships between the Ministry’s priorities and relevant donor support.

The RST assists the Ministry in coordinating the implementation of reforms in line with the EU Commission’s annual Enlargement Report on Ukraine, the Ukraine Plan, the Ukraine Plan developed to support the implementation of Ukraine Facility Plan, the provisions of the Ukraine Facility Regulation #2024/792, the Framework Agreement between the EU and Ukraine on specific arrangements for the implementation of Union funding under the Ukraine Facility, and key strategic documents of the Government of Ukraine.

Within the support provided under the workstream on coordination of the Ukraine Facility, a significant component is dedicated to supporting the operations under the Ukraine Investment Framework constituting Pillar 2 of the Ukraine Facility. Also, RST is enhancing the Ministry’s capacity for the reporting of the usage of the funds under the Ukraine Facility.

Main duties and responsibilities

• Providing strategic and technical support to the Ministry and other stakeholders in designing and operationalizing implementation and monitoring mechanisms for measures falling under Pillar II, fostering accountability and efficiency.
• Providing comprehensive support of the Ministry in coordinating and overseeing the implementation of Pillar II (Ukraine Investment Framework) under the Ukraine Facility Plan, ensuring alignment with strategic objectives and international commitments.
• Assisting the Ministry in the preparation of detailed and structured reporting on the utilization of Ukraine Facility funds, including but not limited to public procurement activities undertaken by various beneficiaries, while contributing to the development of a robust and transparent monitoring system.
• Enhancing the Ministry’s communication and collaboration with international development partners and the European Commission, particularly in matters related to financial management, reporting standards, and compliance with the implementation requirements of the Ukraine Facility.
• Ensuring meticulous adherence to the stipulations of the Framework Agreement, specifically in areas concerning Ukraine’s financial obligations and commitments, and proactively addressing any potential gaps in implementation.
• Developing advanced managerial and coordination frameworks aimed at optimizing financial management processes, improving oversight, and facilitating seamless execution of the Ukraine Facility’s objectives and initiatives.
• Preparing timely and quality reports and status updates on reform’s implementation progress.

Qualifications and skills:

• Master’s degree in Finance, Economics, Law, Business Administration.
• Experience in investment management, including investment project preparation, feasibility studies, financial modelling of investment projects, risk analysis, and understanding of principles, practices, and regulations related to investment management (including budgeting, financial management, procurement, risk management, and monitoring and evaluation).
• Strong financial analysis and modelling skills, with the ability to assess project viability and profitability.
• Strong problem-solving skills with the ability to navigate complex challenges and develop innovative solutions.
• Prior experience working with government agencies, international organizations, or in the private sector on investment and development projects is highly desirable.
• PC literacy (PowerPoint, Project, Excel, Word).
• Fluency in Ukrainian and English.

Professional experience:

• Minimum of 7 years of general professional experience (working for international organisations and/or international technical assistance projects would be an advantage), of which:
• Minimum 5 years of experience in project management, with a focus on investment and development projects, particularly in complex, multi-stakeholder environments.
• Additional experience in financial analysis and economic research, public or business administration, and financial consulting is an advantage.

Other competencies:

• Experience in working with multidisciplinary teams is an asset.
• Strong understanding of economic reforms, economic regulation, governance, public administration and political economy issues in the transition region and knowledge of economics/finance.
• Familiarity with Ukraine’s current reform agenda, and a good understanding of policy formulation processes and policy dialogues.
• Understanding of public procurement is an advantage.

Submissions must be prepared in English only and be delivered electronically by 31.12.2024, 23:59 (Kyiv time) to [] All submissions must include a completedApplication form, NDA Form, the candidate’s Curriculum Vitae, contact details of three referees who, if contacted, can attest to the professional and/or educational background of the candidate. Detailed description of the vacancy can be found via the link:http://surl.li/vussif

Only applications which have been submitted using the correct template and are fully completed, will be considered.

only Ukrainian nationals are eligible to apply; civil servants are not eligible to apply unless 6 months have elapsed since they left such employment.