Republic
of Kenya
The
National Treasury
Infrastructure
Finance and Public Private Partnerships Project
Job
Opportunity:Junior PPP Financial Modeller
Credit
No. 51570
KE
The
Government of Kenya (GoK) in conjunction with the World Bank is implementing a
four-year Infrastructure Finance and Public Private Partnerships Project
(IFPPP) whose overall development objective is to increase private investment
in the Kenyan infrastructure market by improving the enabling environment to
generate a pipeline of bankable PPP projects.
This
objective will be achieved through the provision of technical expertise and
building capacity to implement the Government’s Public Private Partnerships
(PPP) National program.
The
Project Implementation Unit (PIU) is established to implement the IFPPP Project
and ensure that the operational, safeguards, procurement, disbursement,
monitoring, and reporting aspects of the Project are implemented in accordance
with the Financing Agreement and the Project Implementation Manual (PIM).
The
PPP Unit is looking for a highly motivated Kenyan to fill the position of
Junior PPP Financial Modeller for a period of one (1) year renewable based on
performance.
1. Objective of the Junior PPP Financial Modeller Position
The
main objectives of the Junior PPP Financial Modeller assignment is to: provide
requisite support to the PPP Financial Expert on the financial structuring and
modelling of PPP project proposals; and, maintain a system to monitor the
explicit and implicit financial costs to the Government of Kenya (GOK)
including Viability Gap Financing and contingent liability.
In
addition, the individual is to provide financial modelling support to the
Director - PPP Unit to enable him to carry out his mandate to assist
contracting authorities to identify, select, appraise, approve, negotiate and
monitor PPP projects throughout their life cycle.
2 Tasks to be Performed
The
Junior PPP Financial Modeller’s detailed tasks include, but not limited to the
following:
- With
the guidance of the PPP Financial Expert, create PPP financial models from
start to finish, conduct sensitivity and scenario analyses, and interpret
the results;
- Review
and interrogate PPP financial models and reports submitted by contracting
authorities and/or Transaction Advisors to ensure that the projects are
affordable, financially sound and sustainable with appropriate risk
allocation;
- Contribute
to the development of best practices for spread-sheet modelling;
- Analyse
and advise contracting authorities on the appropriate PPP risk profile
including retained and transferred risks as reflected in a Value for Money
(VfM) exercise in order to demonstrate project viability;
- Screen
and appraise, from the financial point of view, PPP project proposals,
assist in the review of Feasibility Study reports submitted to the PPP
Unit by contracting authorities and/or Transaction Advisors;
- Ensure
that the Government’s explicit and implicit fiscal obligations and risks
are determined in the feasibility study stage and that these are
communicated to the National Treasury’s Debt Management Office and managed
appropriately;
- Undertake
regular research and gap analysis to ensure continuous performance
improvement in the implementation of PPP projects;
- Provide
support to contracting authorities in the development of draft Terms of
Reference (ToR) for Transaction Advisory services;
- Assist
the PPP Unit in the preparation of PPP standardized documents, guidelines
and toolkit;
- Provide
support to the PPP Unit’s capacity building efforts of PPP Nodes and the
local funding institutions; and
- Assist
the Director – PPP Unit in the recruitment of local staff to fill out the
interim organization of the PPP Unit.
3. Qualifications, Skills and Experience:
- An
undergraduate degree in a numerate discipline is essential, a
post-graduate degree in Finance, Economics, Project Management, or other
PPP-relevant field is an added advantage;
- Certification
in PPP Financial Modelling courses is an added advantage;
- At
least 1-3 years hands on experience working in a PPP related environment.
Prior experience in dealing with various public entities is a plus;
- Proficiency
in Ms Excel spreadsheet-based financial modelling;
- Familiarity
and understanding of the PPP Legal & Regulatory framework in Kenya;
- Strong
conceptual and analytical skills with the ability to summarise financial
data into reports, charts, or graphs; and
- Ability
to multi-task and prioritize workload with effective use of time.
4. Complete
Application documents (curriculum vitae with details of your qualifications,
experience, day and evening telephone numbers, email address and names of three
referees) in plain sealed envelopes with Position reference and name clearly
marked on top should be sent to the address below or placed in the tender box
at our offices on the 7th floor, Anniversary Towers, North Tower.
Postal Address:
Project
Implementation Unit
Attention: Procurement Specialist
P.O Box 30007 – 00100
Nairobi, Kenya.
Attention: Procurement Specialist
P.O Box 30007 – 00100
Nairobi, Kenya.
Telephone
No.: 254 - 20 - 2210271/4
Physical Address:
Project Implementation Unit
Attention: Procurement Specialist
7th Floor, Anniversary Towers, North Tower.
Building No.19 Monrovia Street/University Way
Nairobi, Kenya.
Physical Address:
Project Implementation Unit
Attention: Procurement Specialist
7th Floor, Anniversary Towers, North Tower.
Building No.19 Monrovia Street/University Way
Nairobi, Kenya.
Deadline for submission of Applications is Wednesday 10th September 2014 at 1600 hours Kenyan local time.
Director, Public Private Partnerships Unit
For: Principal Secretary