Finance Specialist (Retainer)

Tags: climate change Law finance English language Environment
  • Added Date: Friday, 16 May 2025
  • Deadline Date: Friday, 30 May 2025
5 Steps to get a job in the United Nations

Background Information - Job-specific

UNOPS South East Asia Multi-Country Office (EAPMCO)

The South East Asia and Pacific Multi Country Office (EAPMCO) supports, develops and oversees the UNOPS portfolio of projects in South East Asia and the Pacific. EAPMCO was established in January 2023 following the merger of the Thailand Multi-Country Office, which covered 20 countries across North East Asia, South East Asia and the Pacific, and the Cambodia Multi-Country Office, which covered 4 countries South East Asia - 3 countries in the Mekong Sub-region (Cambodia, Lao PDR and Vietnam) and the Philippines. EAPMCO currently covers 24 countries across North East Asia, South East Asia and the Pacific. With its head office in Bangkok, the Multi-Country Office comprises nine business units: EAPMCO Thailand, EAPMCO Indonesia, EAPMCO Pacific Operations Cluster, EAPMCO Papua New Guinea, EAPMCO China, EAPMCO Mekong, and EAPMCO Philippines.

In 2024, the UNOPS EAPMCO implemented projects worth more than USD 80 million, in the areas of Energy Transition, Digital Transformations, Sustainable Environmental Management, Climate Change, Waste Management, Rule of Law and Access to Justice, Water, Sanitation and Hygiene (WASH), Post Conflict Reintegration, Emergency Relief, Post COVID19 Economic Transformations, and Health, through HR, procurement, construction, contract management, fund and program management services.

The Multi Country Office head office in Bangkok provides strategic direction, operational support, delivery oversight and assurance of the excellence of business processes and quality standards across all of the entire Multi Country Office locations. It is also responsible for developing, delivering and managing the portfolio of engagements in the country of the MCO location itself.

Background Information โ€“ The Southeast Asia Energy Transition Partnership

The Southeast Asia Energy Transition Partnership (ETP) brings together governments and philanthropies to work with partner countries in the region. We support the transition towards modern energy systems that can simultaneously ensure economic growth, energy security, and environmental sustainability. Enabling the transition toward greener energy systems will greatly contribute to the achievement of the UNโ€™s Sustainable Development Goals (SDGs) Agreement objectives.

ETP focuses on Indonesia, the Philippines, and Vietnam, which are the countries in the region with the highest energy demand, a substantial pipeline for fossil fuel-based projects, and a significant and cost-effective potential for renewable energy and energy efficiency. ETP provides high-level technical advisory support, holistic support to Governments on financing and technical needs, capacity and skill development, and facilitation of dialogues in all related areas.

Finance Specialistโ€™s Role

Sustainable finance plays a crucial role in addressing climate change, promoting sustainable development, and transitioning to a low-carbon economy. It involves collaboration between financial institutions, governments, businesses, and investors to create a financial system that fosters both economic growth and environmental responsibility.

Finance specialists are critical for organizations involved in energy transition due to the specialized knowledge to navigate the complexities of sustainable financing. These specialists ensure that financial strategies align with sustainability goals, contributing to projects focused on reducing carbon emissions, promoting renewable energy, and fostering overall environmental sustainability. Their role extends beyond traditional finance as they play a pivotal part in risk mitigation, optimizing socio-economic benefits, and ensuring compliance with evolving industry standards and environmental regulations.

Finance specialists facilitate access to a diverse range of funding sources, including public and private funds, development banks, and climate change funds. Their strategic approach involves analyzing market trends, identifying opportunities, and recommending financial models that enhance the impact of energy transition initiatives. Additionally, these specialists contribute to policy advocacy, promoting innovative financial products such as green bonds and sustainability-linked loans. Ultimately, their expertise is indispensable in shaping a sustainable future by effectively deploying financial resources and supporting projects that align with the broader goals of energy transition.

This is not a full-time position. Retainer contractors will carry out tasks on an intermittent basis, called upon to work when needed or as planned. There are no guaranteed minimum working hours or days.

The Finance Specialist will work under the direct supervision of the Senior Program Manager, in coordination with the Country Coordinators in Indonesia. The incumbent will be expected to support the Energy Transition Platform on behalf of ETP directly. Background Information - Job-specific
Within the scope of the below-listed functional responsibilities, specific deliverables will include but are not limited to:

Guidance on Sustainable Loans: provide guidance on the structuring and management of sustainable loans, ensuring alignment with sustainability criteria and contribution to environmentally friendly projects.

Clear Criteria and Framework: Provide established and documented criteria and a framework for sustainable loans, reflecting industry standards, sustainability goals, and the mission of the sustainable financing initiative.

Monitoring and Disbursement Oversight. Provide regular reports on the monitoring of public/private/blended finance disbursement, ensuring exclusive use for sustainable initiatives and adherence to the project plan.

Evaluation of Project Proposals: Assessment of proposals for early retirement of coal-fired power plants, renewable energy, and energy efficiency projects, with a focus on fiscal budget impact.

Trend Analysis: Regular analysis and insights on current and emerging trends in sustainable finance and the energy transition sector.

Financial Modeling and Analysis: Expertise provided in financial modeling and analysis, including documented assessments of financial viability and potential returns for energy transition projects.

In addition to the deliverables, the consultant is expected to conduct regular bi-weekly and ad-hoc meetings with ETP to ensure ongoing updates, information sharing, and effective communication throughout the project duration.

Functional responsibilities:

1.Sustainable Loan Oversight:

Develop and establish clear criteria and a framework for sustainable loans, including specific terms and conditions that projects must meet to be eligible for funding. Ensure that these criteria align with industry standards, sustainability goals, and the overarching mission of the sustainable financing initiative.

Monitor the disbursement of public/private/blended finance to ensure they are used exclusively for sustainable initiatives and in accordance with the agreed-upon project plan.

Arrange for periodic review or third-party verification to ensure that the use of public/private/blended finance and project outcomes align with sustainable loan requirements.

Establish mechanisms for regular reporting and transparency, ensuring that stakeholders are informed about the progress and impact of the sustainable projects.

Assess and manage potential risks associated with the funded projects, including environmental risks and financial risks.

Regularly review and update these criteria to reflect evolving best practices and environmental standards. 2.Support for the Energy Transition Financing

Thoroughly evaluating proposals of early retirement of coal-fired power plants and renewable energy projects submitted for access to the public finance facilities, especially its impact on the fiscal budget.

Provide input for a blended finance scheme that combines funding sources from various entities, including government agencies, development banks, commercial banks, climate change funds, equity investors, insurance companies, and philanthropists.

Contribute to the formulation and refinement of a financing and investment framework for the energy transition. This includes providing insights, analysis, and recommendations to enhance the strategic approach.
3.Advisory services on sustainable finance issues

Provide expertise in financial modeling and analysis, to assess the financial viability and potential returns of energy transition projects and initiatives.

Assist in the identification, selection, and prioritization of energy transition projects based on their potential impact, feasibility, and alignment with sustainability goals.

Provide guidance on the structuring and management of sustainable loans, ensuring that they align with sustainability criteria and contribute to environmentally friendly projects.
4.Recommendations

๐Ÿ“š ๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐—›๐—ผ๐˜„ ๐˜๐—ผ ๐—š๐—ฒ๐˜ ๐—ฎ ๐—๐—ผ๐—ฏ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—จ๐—ก ๐—ถ๐—ป ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ! ๐ŸŒ๐Ÿค ๐—ฅ๐—ฒ๐—ฎ๐—ฑ ๐—ผ๐˜‚๐—ฟ ๐—ก๐—˜๐—ช ๐—ฅ๐—ฒ๐—ฐ๐—ฟ๐˜‚๐—ถ๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—š๐˜‚๐—ถ๐—ฑ๐—ฒ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—จ๐—ก ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ฒ๐˜€๐˜ ๐˜€๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—จ๐—ก๐—›๐—–๐—ฅ, ๐—ช๐—™๐—ฃ, ๐—จ๐—ก๐—œ๐—–๐—˜๐—™, ๐—จ๐—ก๐——๐—ฆ๐—ฆ, ๐—จ๐—ก๐—™๐—ฃ๐—”, ๐—œ๐—ข๐—  ๐—ฎ๐—ป๐—ฑ ๐—ผ๐˜๐—ต๐—ฒ๐—ฟ๐˜€! ๐ŸŒ

โš ๏ธ ๐‚๐ก๐š๐ง๐ ๐ž ๐˜๐จ๐ฎ๐ซ ๐‹๐ข๐Ÿ๐ž ๐๐จ๐ฐ: ๐๐จ๐ฐ๐ž๐ซ๐Ÿ๐ฎ๐ฅ ๐“๐ž๐œ๐ก๐ง๐ข๐ช๐ฎ๐ž๐ฌ ๐ก๐จ๐ฐ ๐ญ๐จ ๐ ๐ž๐ญ ๐š ๐ฃ๐จ๐› ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐๐š๐ญ๐ข๐จ๐ง๐ฌ ๐๐Ž๐–!

Provide recommendations on the development and promotion of financial products and instruments that align with sustainable finance principles. This may include green bonds, sustainability-linked loans, and other innovative financial tools.

Provide recommendations for advocating policies that incentivize and support sustainable finance initiatives. This may involve engaging with policymakers to create an enabling environment for sustainable financial practices.
5.Administration, Reporting and Monitoring

Prepare and maintain monthly work plans

Maintain the ETP Results Based Monitoring Framework for planned and completed work flows.

Prepare and deliver powerpoint presentations to ETP and ETP partners upon request.

Competencies
Develops and implements sustainable business strategies, thinks long term and externally in order to positively shape the organization. Anticipates and perceives the impact and implications of future decisions and activities on other parts of the organization.(for levels IICA-2, IICA-3, LICA Specialist- 10, LICA Specialist-11, NOC, NOD, P3, P4 and above) Treats all individuals with respect; responds sensitively to differences and encourages others to do the same. Upholds organizational and ethical norms. Maintains high standards of trustworthiness. Role model for diversity and inclusion.
Acts as a positive role model contributing to the team spirit. Collaborates and supports the development of others. For people managers only: Acts as positive leadership role model, motivates, directs and inspires others to succeed, utilizing appropriate leadership styles. Demonstrates understanding of the impact of own role on all partners and always puts the end beneficiary first. Builds and maintains strong external relationships and is a competent partner for others (if relevant to the role). Efficiently establishes an appropriate course of action for self and/or others to accomplish a goal. Actions lead to total task accomplishment through concern for quality in all areas. Sees opportunities and takes the initiative to act on them. Understands that responsible use of resources maximizes our impact on our beneficiaries. Open to change and flexible in a fast paced environment. Effectively adapts own approach to suit changing circumstances or requirements. Reflects on experiences and modifies own behavior. Performance is consistent, even under pressure. Always pursues continuous improvements. Evaluates data and courses of action to reach logical, pragmatic decisions. Takes an unbiased, rational approach with calculated risks. Applies innovation and creativity to problem-solving. Expresses ideas or facts in a clear, concise and open manner. Communication indicates a consideration for the feelings and needs of others. Actively listens and proactively shares knowledge. Handles conflict effectively, by overcoming differences of opinion and finding common ground. Education/Experience/Language requirements
Education:

An advanced University Degree (Masterโ€™s or equivalent) or higher degree in preferably Management, Finance, Economics, Environmental Economics, Sustainable Finance, Engineering or a related field.

First-level university degree (Bachelorโ€™s or equivalent) in the above-mentioned fields with an additional two (2) years of relevant experience may be considered in lieu of an advanced degree. Experience:

At least five (5) years of experience in project finance, green finance, sustainable finance or related financial fields, with a preference for experience in the energy or infrastructure sector, in combination with a relevant advanced university degree is required .

Experience collaborating with state-owned enterprises, government agencies, international organizations, and various stakeholders involved in sustainable finance is highly preferred.

Strong understanding of the financial perspective of energy transition-related issues and familiarity with sustainable finance policies, regulations, and sustainability frameworks is preferred.

Proven track record project management on sustainable financing , particularly in the energy sector is desirable.

Strong analytical and problem-solving skills, with the ability to articulate complex financial issues in a clear and concise manner.

Familiarity with sustainable finance assessment instruments and methodologies to evaluate the potential environmental and financial impacts of projects is preferred, such as financial modeling for renewable energy projects, environmental risk analysis, and overall sustainability impact.

Previous successful engagements with and a good understanding of donors, government bodies, state-owned enterprises, private sector entities, and civil society, particularly in the context of sustainable finance initiatives is preferred.

Relevant training in climate change issues, project development related to sustainable energy development, or related fields is preferred.

Familiarity with financial modeling tools and software is an asset.

Computer literacy in Google Suite/Google Workspace is required.

Language:

Full working knowledge of English is required.

Fluency in Bahasa Indonesia is required.

Contract type, level and duration

Contract type: Local Individual Contract Agreement (LICA) Contract level: ICS-10 / LICA 10 Contract duration: 1 year (up to 200 working days) with the possibility of extension subject to organizational requirements, availability of funds and satisfactory performance.

Disclaimer:

This is not a full-time position. Retainer contractors will carry out tasks on an intermittent basis, called upon to work when needed or as planned. There are no guaranteed minimum working hours or days. The position is open for application only from the Indonesia nationals and those who hold valid permission to work in the country. For more details about the ICA contractual modality, please follow this link:

https://www.unops.org/english/Opportunities/job-opportunities/what-we-offer/Pages/Individual-Contractor-Agreements.aspx


Additional Information

Please note that UNOPS does not accept unsolicited resumes.

Applications received after the closing date will not be considered.

Please note that only shortlisted candidates will be contacted and advance to the next stage of the selection process, which involves various assessments.

UNOPS embraces diversity and is committed to equal employment opportunity. Our workforce consists of many diverse nationalities, cultures, languages, races, gender identities, sexual orientations, and abilities. UNOPS seeks to sustain and strengthen this diversity to ensure equal opportunities as well as an inclusive working environment for its entire workforce.

Qualified women and candidates from groups which are underrepresented in the UNOPS workforce are encouraged to apply. These include in particular candidates from racialized and/or indigenous groups, members of minority gender identities and sexual orientations, and people with disabilities.

We would like to ensure all candidates perform at their best during the assessment process. If you are shortlisted and require additional assistance to complete any assessment, including reasonable accommodation, please inform our human resources team when you receive an invitation.

Terms and Conditions

For staff positions only, UNOPS reserves the right to appoint a candidate at a lower level than the advertised level of the post.

For retainer contracts, you must complete a few mandatory courses ( they take around 4 hours to complete) in your own time, before providing services to UNOPS. Refreshers or new mandatory courses may be required during your contract. Please note that you will not receive any compensation for taking courses and refreshers. For more information on a retainer contract here.

All UNOPS personnel are responsible for performing their duties in accordance with the UN Charter and UNOPS Policies and Instructions, as well as other relevant accountability frameworks. In addition, all personnel must demonstrate an understanding of the Sustainable Development Goals (SDGs) in a manner consistent with UN core values and the UN Common Agenda.

It is the policy of UNOPS to conduct background checks on all potential personnel. Recruitment in UNOPS is contingent on the results of such checks.

Recommended for you