|Date Posted:||Nov 4, 2019|
|Closing Date:||Nov 13, 2019|
|Work Type:||Full Time|
|Number of Vacancies:||1|
|Functional Area:||Economic Growth|
|Salary Range:||As per NTA salary scale policyAF|
|Years of Experience:||3 Years|
|Contract Duration:||Not specified|
|Contract Type:||Short Term|
|Probation Period:||3 months|
About Ministry of Finance:
The Office of the Deputy Minister for Policy of the Ministry of Finance is seeking to recruit an Economist with an interest in Economic Analysis of Development Budget projects.
Public Investment Management & Infrastructure Directorate at the Policy Department of Ministry of Finance is mandated to appraise all Afghan government’s development projects at the pre-investment phase. The PIM unit currently has a pipeline of over 300 projects that need analysis before they can enter the budget process. To ensure strong pre-investment appraisal and selection of projects, the PIM unit conducts analysis such as strategic fit, cost benefit, cost effectiveness, economic and financial analysis of projects to ensure effective use of resources. A multitude of different methodologies and criteria are available for project evaluation. The economic and financial analysis is an approach that examines whether the project is economically viable, sustainable. Concepts like net-present-value, cost-benefit-relations, internal rate of returns are commonly used.
The Economist is expected to work on economic analysis of projects and to help PIM unit prioritize ‘shovel ready’ good projects from projects that are not ready. The economist will also be expected to conduct analysis pertaining to the national priority programs for the PIM Unit.
Provide Economic and report of the received projects from budgetary units.
I.Work with the team on Economic Impact Analysis (EIA) methodology for evaluating the impacts of a project, program or policy on the economy or of a specified project.
II.Write projects Economic Impact Analysis report for each selected project.
III.Provide Template for Sectorial Economic Impact Analysis (EIA) for PIM.
IV. Work with the team on measuring project impacts on jobs, income, operating costs, productivity and competitiveness – and their distribution among industries, regions and over time.
V. Provide continues trainings to PIM staff on modeling, better costing and other relevant issues for project economic analysis as required by PIM Afghanistan.
VI.Any other task as request by Director of PIM relating to economic analysis and PIM unit requirements such as SDG modelling and PIM linkage
- Strong communication and writing skills, especially in English
- Knowledge of excel or relevant data analysis soft ward
Duties & Responsibilities:
I.Ideally the advisor elaborates a full-fledged economic and financial analysis of the projects. All concept note of development projects have log-frames and usually quantified objectives with indicators and measurement systems. Based on this and in dialogue with the project staff the consultant shall quantify the most relevant benefits of the project, ideally combined with the corresponding costing of the project.
II.Establishment of result chains to illustrate the attribution.
III.Calculation and attribution of total project costs.
IV. Establishment of the flow of funds over time (highlighting investment, divestment, depreciation, liquidation values etc. – if applicable)
V.Report writing including different explanations, recommendations
VI.Calculate NPV, IRR, Benefit to Cost Ratio, CBA, and CEA analysis for received projects
VII.Interpret the major ratios and use the model (allowing elaboration of scenarios, revision of calculations, doing sensitivity analysis, etc.).
VIII.Providing Economic Impact Analysis (EIA) for Project appraisal report.
Job Location:Afghanistan, Kabul
- Bachelors minimum in economics or finance with 3 years’ experience in related field /. Master’s in economics or finance with 2 years’ experience in related field.
- Since the field of economic analysis in public sector is new, only relevant experience to economic analysis will count in the selection process. We are not looking for general management experience or experience that is not related to this ToR.