Senior Financial Expert

The Recovery and Reform Support Team (RST) at the Ministry of Economy is a group of Ukrainian professionals (non-civil servants) funded on a temporary basis by international donors to provide targeted technical support and assist the Ministry of Economy in design and implementation of priority reforms.

The restoration of Ukraine requires a significant amount of funds. Ukrainian businesses urgently need both external and internal investments. Currently, the Ministry of Economy has a range of programs focused on boosting internal investment and facilitating the return of Ukrainians. However, these programs are relatively new tools that require constant updates, adaptation, and improvement. To achieve this, as well as to analyze the impact and outcomes of the implemented programs, the Ministry needs enhanced expertise in finance, financial and banking instruments, and business funding.

Main Duties and responsibilities — Advising on Financial Programs Issues:

• analyzing current state and perspectives of state lending and granting programs (5-7-9%, grants on processing and own business, mortgage programs etc.).
• developing proposals on best design and development of the state Financial Programs.
• assisting with research of best international practices and successful case studies of the state Financial Programs.
• coordinating work on relevant Financial Programs with the banks and financial institutions.
• expert assessment and support to new financial technical government solutions.

— Preparing Data for Analytical Reports and Presentations: Compiling and structuring data for analytical reports on financial programmes, with a focus on financial market insights.

• Supporting the Ministry in coordinating and implementing reforms aimed at developing and improving financial instruments that provide access to financing and financial support for Ukrainian manufacturers.
• Assisting in fostering engagement and cooperation with relevant stakeholders (primarily the Ministry and other line ministries officials, national and sub-national government bodies, business community stakeholders' sovereign borrowers, as well as the European monitoring and control bodies, such as the European Commission, Export Credit Agencies, as well as other relevant donors, IFIs, and other relevant counterparts) concerning issues of financial markets.
• Producing Timely and High-Quality Reports on Reforms: Ensuring the preparation of accurate and timely reports and status updates on the progress of financial programmes, and reforms on the financial market.

Qualifications and skills:

• Master’s degree in Business Administration, Finance, Economics, Project Management, or a related field.
• Proven experience in preparing financial strategies and programs, including conducting feasibility studies, financial modeling, and risk analysis.
• In-depth knowledge of principles, practices, and regulations related to financial management, including budgeting, financial reporting, procurement, risk management, and monitoring and evaluation.
• Advanced financial analysis and forecasting skills, with the ability to assess financial viability and sustainability of programs.
• Strong problem-solving skills, with the capability to address complex financial challenges and propose effective, 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 7 years of general professional experience.
• 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 experience:

• Proven knowledge and skills in project management, financial analysis, and management.
• 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.
• Ability to operate independently in political, diplomatic and business environments; diplomatic skills required for regular contact with senior national and international officials.

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 completed Application 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/vtjxwi

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.