VACANCY ANNOUNCEMENT /ECONOMIST FINANCIAL ANALYST/

VACANCY ANNOUNCEMENT

The Government of Mongolia has received financing from the World Bank in the form of a loan to support the Livestock Commercialization Project (LCP). The overarching goal of the LCP is to enhance livestock health, boost productivity, and escalate the commercialization of selected value chains within the designated project areas. Additionally, the project is designed to deliver a swift and effective response in the face of any eligible crisis or emergency that may arise. The initiative is structured as an Investment Project Financing (IPF) mechanism, backed by an International Development Association (IDA) credit totaling US$30 million. In line with the project's objectives, there is now an open call for applications to fill the role of:

ECONOMIST FINANCIAL ANALYST 

Duties and Responsibilities:

Under the overall guidance of the State Secretary, MoFALI, and direct supervision of the Project Coordinator, the Economist Financial Analyst (EFA) will work closely with technical specialists and lead the analytic work of the project pertaining to the assessment of proposals developed by the Productive Partnership (PP) participants. Concurrently acted as deputy project coordinator acting on the project coordinator’s behalf and carrying out his/her functions in the event of the project coordinator’s temporary inability to perform them. The EFA will undertake the following tasks:

1. Develop economic/financial analysis tools and templates for the evaluation of proposals, and participate in the evaluation process of;

2. Prepare economic and financial analyses of the sub-project proposals developed by PPs; make recommendations for improvement;

3. Facilitate research and financial analysis of PPs 

4. Review and elaborate business and financial analysis of Productive Partnerships to the inputs of subproject proposals;

5. In coordination with technical specialists carry out screening and assessment of each subproject and, as needed, investment/activity, including consultations with project stakeholders to be affected and prepare recommendations to the Bank and MoFALI for decision as part of overall assessment of each subproject and project interventions;

6. Assess and refine needs for project interventions (including training) under the project components through consultation with and participation of relevant stakeholders; review and support implementation plans; 

7. In collaboration with technical specialists build the capacity of the PPs and project beneficiaries pertaining to project/sub-project implementation and financial reporting;

8. Support the Monitoring & Evaluation Specialist in the monitoring and control of the project fund usage and financing schedule by maintaining an appropriate financial monitoring system;

9. Support PP Appraisal Committee and PSC meetings with meaningful studies and analyses of subprojects as required; 

10. Liaise with the Bank and MoFALI to ensure awareness of any substantial changes, reasons for changes, and the corrective actions agreed and/or taken;

11. Support the development and maintenance of the financial database.

12. Develop follow-up financial procedures and templates for progress and quarterly reports by subprojects;

13. Be committed to ensuring quality and timely implementation of all recommendations and instructions, given by the Project Coordinator and the Project Steering Committee, composed of representatives of the MoFALI, GAVS, the Ministry of Finance (MoF), and the WB;

14. Conduct an appraisal of the technical and design soundness of proposed initiatives under the project, and develop criteria to assess the technical feasibility of these proposals.

15. Facilitate economic and financial due diligence of proposals received under components of the Project. Work out and submit for approval detailed criteria for evaluating proposals to ensure their compliance with the objectives of the project. 

16. Engage in monitoring activities, including preparation of progress and financial reports of beneficiaries as detailed in the project implementation manual, in close consultation with other consultants under the guidance of the Project Coordinator.

17. Monitor and identify potential gaps and/or obstacles that may compromise the success of project implementation, develop proposals of corrective measures to overcome barriers, and improve overall project effectiveness and outcomes.

18. Support the Project Coordinator in coordination with the World Bank, MoFALI, GAVS, and MoF and coordinate activities of various stakeholders including prospects to supportthe  successful implementation of the different project components.

19. Participate in all meetings relating to the project and record points of action as agreed in various meetings. Ensure that all meeting records and documentation are appropriately maintained.

20. Support the Project Coordinator in hosting and facilitating Bank supervision missions and working with the Bank to optimize the project results and impact.

21. Perform any other duties as assigned by the Project Coordinator.

Required Qualifications:

• University Degree in Economics, Banking/ Finance/Accounting, Business Administration

• Minimum of 5 years of proven knowledge and professional experience in finance sector. Experience in agro-processing industry and/or agriculture value chain development is preferred;

• A minimum of 3 years background of working with/for international development institutions, hands-on understanding of their requirements and work ethics; 

• Proven capacity to analyze complex issues and to communicate results in a clear and effective manner for various types of stakeholders;

• Good interpersonal, communication, and participatory skills with the ability to function effectively and collaboratively in a team environment;

• Excellent computer literacy;

• Ability to plan and prioritize work duties as well as work competently under pressure and tight deadlines;

• Ability and willingness to frequently travel to and work effectively in the countryside; 

• Excellent command of both written and spoken English and Mongolian is required.

Application Submission:

Candidates must submit their applications including the following documents no later than 11 AM on 16th December 2024 to Livestock Commercialization Project at #101, Namak building, Peace Avenue 18A/1, 3rd khoroo, BZD district, Ulaanbaatar, Mongolia or through email: tugullcp@gmail.com. 

Only short-listed candidates will be contacted. Contact information: 976+7700-4047

• A cover letter in Mon/Eng.

• A detailed Curriculum Vitae in Mon/Eng with a recent photograph (taken within the last 6 months).

• Copies of academic diplomas and relevant certifications.

• At least two reference or recommendation letters from current and/or past employers.

• Any additional supporting documents attest to the candidate's qualifications and abilities.