Senior Finance Specialist (Africa-EU Water Partnership Project)

Stockholm International Water Institute (SIWI)

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The Africa-EU Water Partnership Project (AEWPP) has been jointly initiated by EU, Sweden and the African Ministerial Council on Water (AMCOW). The project seeks to make more public and private capital accessible for water-related infrastructure projects in Africa and to encourage and support African governments to invest in water governance through capacity building related to infrastructure finance. Project implementation is supported by the Stockholm International Water Institute (SIWI).

SIWI seeks to engage the services of a Consultant (Senior Finance Specialist) for the project. The Consultant should have the education and experience outlined below.

Education

A minimum of a degree in Finance, Business Management, Economics or Engineering. Other university level degrees may be considered if accompanied by solid experience in the finance sector as described below.

A master degree in Finance, Business Management, Economics or Engineering is preferred.

Experience

The candidate should demonstrate experience in finance related to developing bankable infrastructure projects and other areas described below.

Finance

At least 10 years working experience in the finance sector either working in a commercial bank, a development bank, as an investment banker or in capital market development.  This is a minimum qualifying criteria. 

A sound understanding of the challenges associated with raising finance for infrastructure projects in a developing-country context as well as how both private and public capital is raised and blended should be demonstrated.

Infrastructure development

  • Experience in developing: (1) water related  infrastructure projects (such as water services, irrigation, hydropower, dams and water transfers) from concept development to financial closure; and (2) water related  infrastructure plans
  • Water sector experience
  • Multisector (such as water, energy and food) project development experience and implied communication and facilitation skills.

Africa working experience

Experience working in the Africa region is essential. Experience of the Africa development funding landscape is preferable.

Scope of work

Working on a part time basis (see time input below) as a member of the SIWI project team, the Consultant will carry out the following key tasks:

Mobilising finance for sustainable water infrastructure

This will include the following key tasks:

  • Developing intelligence on the water project portfolios of EU and African development banks and project preparations facilities and to solicit suitable project concepts for AEWPP intervention
  • Prioritising the projects solicited from EU and African development banks, project preparations facilities and other stakeholders
  • Refining the suite of services that the AEWPP project team can offer to development banks and project preparations facilities and other key stakeholders involved in infrastructure development.
  • Finalising a methodology for assessing the components of projects where the AEWPP team can add value.
  • Improving project concepts solicited mostly from development banks and project preparations facilities so that they are better able to attract finance from diverse sources. This work may typically involve in-depth development of a business case for financing the social components of projects given that it is these social components that make many projects not to be bankable.

Improving capacity for water sector governance, especially for project financing

This will include the following key tasks:

  • Defining the needs and opportunities for capacity development to develop and market financially viable projects
  • Incorporating infrastructure project financing into existing water management capacity development action plans

A team leader will assign specific tasks linked to deliverables to AEWPP team members based on an agreed work plan. Prospective consultants can request for a project results framework matrix from Elizabeth Yaari ([email protected]) to gain a better understanding of the results sought from this project.

Location

Home based with travel to: (1) the World Water Week in Stockholm, Sweden (at least one meeting in August and September 2017); and stakeholder meetings in Africa and Europe (at least 5 meetings should be planned for). The exact number of stakeholder meetings are dependant on the work plan and will be discussed with the selected Consultant during clarification meetings or contract negotiation.

Duration

Part time for approximately 60 working days per year from 01 April – 31 March 2018. There is a possibility of extension (without the need for a separate procurement) up to the duration of the project (until May 2019).

Application

Please submit the following to Anton Earle ([email protected] ) by 15 March 2017.

  1. A curriculum vitae, including two contactable references.
  2. A brief proposal (maximum two pages) stating how: (i) the prospective Consultant’s experience is suited to the scope of work; and (ii) the prospective Consultant’s interpretation of the scope of work. As stated above, prospective consultants can request for a project results framework matrix from Elizabeth Yaari ([email protected]) to gain a better understanding of the results sought from this project.
  3. Daily consulting rate in USD based on and a time input of 60 working days per year.

Only shortlisted candidates will be invited for clarification teleconferences and or contract negotiation.

Evaluation

Applications will be evaluated as follows:

Technical

Relevant education

25%

Relevant experience

55%

Proposal

20%

Total

100%

If the technical score is above 70%, the final score will be assessed as follows:

Technical score

65%

Financial score

35%

Total

100%

  • A decision and contract offer may be made based only on the proposal submitted without any negotiation. Each initial offer should therefore contain the proposer’s best offer from a technical and cost standpoint
  • Shortlisted candidates may be asked to participate in a clarification meeting in support of their applications.
  • Any invitation to participate in a clarification meeting shall not be interpreted as a contract offer

About SIWI

The Stockholm International Water Institute (SIWI) is a policy institute that generates knowledge and informs decision-making towards a water wise world. SIWI performs research, builds institutional capacity and provides advisory services in developing countries in areas related to water governance, transboundary water management, water and climate change, water-energy-food nexus and water economics. SIWI also cooperates with public and private actors in Sweden and organises the World Water Week in Stockholm – the leading annual global meeting place on water and development issues – and hosts the Stockholm Water Prize, the Stockholm Junior Water Prize and the Stockholm Industry Water Award.


POSITION TYPE

ORGANIZATION TYPE

EXPERIENCE-LEVEL

DEGREE REQUIRED