Investment Officer – CookFund at UNCDF Tanzania

Diversity,
Equity and Inclusion are core principles at UNDP: we value diversity as
an expression of the multiplicity of nations and cultures where we
operate, we foster inclusion as a way of ensuring all personnel are
empowered to contribute to our mission, and we ensure equity and
fairness in all our actions. Taking a ‘leave no one behind’ approach to
our diversity efforts means increasing representation of underserved
populations. People who identify as belonging to marginalized or
excluded populations are strongly encouraged to apply. Learn more about
working at UNDP including our values and inspiring stories.

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.

Office/Unit/Project Description
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 an experienced and enthusiastic
Investment Officer to join its global technical secretariat for project
development and financing. The Investment Officer 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.
Ensure organization and facilitation of key 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;
• Interact with local stakeholders (such as central and
  local government officials, private sector banks, equity investors,
  project sponsors, development partners, etc.);
• Provide targeted
  technical investment support services to project sponsors identified.
  This includes review of feasibility studies, collection of relevant data
  to enhance business plans and confirm project bankability, technical
  due diligence market assessment, financial advisory services, and
  project finance transaction structuring;
• Pro-actively seek improvements in the UNCDF project financing and structuring;
• Prepare and facilitate technical missions for investment projects validation and pipeline development;
• 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;
• Other duties as assigned.

2. Ensure investment process execution and portfolio management: 

• Guide and support the team in planning and execution of the CookFund Programme;
• Contribute to the development of programme progress reporting on weekly basis, and as when necessary;
• Guide and support timely planning, budgeting, and reporting in accordance with UNCDF guidelines;
• Work
  with the Programme Manager and M&E team 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;
• Contribute in the documentation and monitoring of
  development impact of the investment in addition to financial viability
  criteria.

3. Ensure capacity development of key stakeholders of the programme in the areas of commercially viable investments:

• Facilitate in capacity development and training to ensure programme knowledge generation and dissemination;
• Provide
  support for the CookFund capacity development, training and programme
  visibility ensuring knowledge generation and dissemination through case
  studies, briefs, reports, research documents, monitoring and evaluation;
• 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. Communicate, organize and coordinate outreach activities with a variety of stakeholders:

• Organize field visits to programme areas for due diligence, monitoring and performance review.

5.
Support the establishment of co-financing relationships with debt
providers and equity investors, nurture relationships, and manage
activities needed to secure co-financing of supported investments:

• Establish relationships with financial institutions to ensure additional financing of the supported grantees;
• Work
  with financial institutions to define and design key strategies that
  will enhance affordability of clean cooking solutions.

The
incumbent performs other duties within their functional profile as
deemed necessary for the efficient functioning of the Office and the
Organization.

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

Competencies
CORE

• Achieve Results: LEVEL 1: Plans and monitors own work, pays attention to details, delivers quality work by deadline
• Think Innovatively: LEVEL 1: Open to creative ideas/known risks, is pragmatic problem solver, makes improvements
• Learn Continuously: LEVEL 1: Open minded and curious, shares knowledge, learns from mistakes, asks for feedback
• Adapt with Agility: LEVEL 1: Adapts to change, constructively handles ambiguity/uncertainty, is flexible
• Act with Determination: LEVEL 1: Shows drive and motivation, able to deliver calmly in face of adversity, confident
• Engage and Partner: LEVEL 1: Demonstrates compassion/understanding towards others, forms positive relationships
• Enable Diversity and Inclusion: LEVEL 1: Appreciate/respect differences, aware of unconscious bias, confront discrimination

Cross-Functional & Technical competencies
Finance:

• Investment Management 
• Ability to manage organization’s assets such as equity, bonds, cash, etc. according to the investment guidelines.
• Financial Communication and Impact 
• Ability
  to report financial information clearly to non- finance leaders,
  including to various governing bodies such as the Executive Board.
• Finance Business Partnering 
• Able
  to support business units and add value by innovating and providing
  solutions to financial issues/queries, including through FAQs, financial
  tools, advisory, etc.;
• Influences and appropriately challenges non-finance colleagues for whom the service is being provided;
• Understands the operations, opportunities and challenges of the organization;
• Holds a commercial outlook, demonstrating accountability towards organizational goals.

Ethics:

• UN
  policy Knowledge-ethics Knowledge and understanding of the UN Staff
  Regulations and Rules and other policies relating to ethics and
  integrity.

Communication:

• Digital
  capacity building Ability to increase impact of digital communications
  through trainings, partnerships and relevant resources.

Partnership Management:

• Strategic
  engagement Ability to capture and sustain attention, interest and
  agreement of high-level, influential policy and decision makers and
  secure their buy-in of high-level vision and objectives.
• Relationship
  management Ability to engage with a wide range of public and private
  partners, build, sustain and/or strengthen working relations, trust and
  mutual understanding.

Read Also:

• NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2024 (1,475 POSTS)

• CHECK SCHOLARSHIPS OPPORTUNITIES TO STUDY ABROAD CLICK HERE!
• Download Your National ID (NIDA) Number  Here | Download NAMBA NA KITAMBULISHO CHAKO CHA NIDA. BONYEZA HAPA! 
• PAST PAPERS ZA DARASA LA 7 MPAKA FORM SIX | NECTA AND MOCK EXAMS 1988 – 2019. CLICK HERE! 
• Free
  CV Writing and Download, Cover/Job Application Letters, Interview
  Questions and It’s Best Answers plus Examples. Click Here!

Required Skills and Experience
Minimum academic education:

• Advanced university degree (master’s degree or equivalent) in Finance,
  Accounting, Economics, Investments or a Business Administration related
  field is required; or
• A first-level university degree
  (bachelor’s degree) in the above-mentioned fields in combination with an
  additional two years of qualifying experience will be given due
  consideration in lieu of the advanced university degree.

Minimum years of relevant work experience: 

• Minimum
  of 2 years (Masters) or 4 years (Bachelor) of relevant experience in
  Finance, Accounting, Economics, Investments or a Business Administration
  is required.

Required skills and competencies: 

• Demonstrated experience to understand and analyze complex financial problems and find innovative solutions;
• Proven track records in communicating financial concepts and analysis;
• Demonstrated
  experience in developing and financing commercially viable investments,
  and creation/evaluation of advanced and complex financial models using
  advanced tools including Excel;
• Demonstrated experience of
  developing and defending investment recommendations for review and
  approval by investment committees of a fund, lender or investor;
• Work experience in project finance, financing investments through development finance, and commercial debt;
• Demonstrated
  experience in development of investment project through the entire
  project development life cycle and the financing stages.

Desired skills in addition to the competencies covered in the competencies section:

• Experience in promoting learning and knowledge management/sharing is the responsibility of each staff member;
• Proven experience in informed and transparent decision making;
• Demonstrated
  experience in engaging across multiple stakeholders, including project
  sponsors, government partners and financial institutions.

Language Requirement:

• Fluency in English and Swahili is required.
• French is a desired.

Professional Certificates:

• Additional
  professional certifications e.g., CFA, CPA, ACCA, Financial Analysis or
  equivalent related areas will be preferable/have a competitive
  advantage.