Project Finance Associate

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Please make note of the Tier(s) indicated in the vacancy title, if any, and ensure that you satisfy the eligibility to apply.

Background

UNDP is committed to achieving workforce diversity in terms of gender, nationality, and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence. 

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. 

UNDP is the leading United Nations organization in fighting to end the injustice of poverty, inequality, and climate change. Working with our broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and planet. Learn more at undp.org [link removed] or follow at @UNDP

UNDP is the knowledge frontier organization for sustainable development within the UN development system and an integrator for collective action to realize the Sustainable Development Goals (SDGs). Through its Pacific MultiCountry Office (MCO) based in Fiji, UNDP supports ten countries—Federated States of Micronesia, Fiji, Kiribati, Republic of the Marshall Islands, Nauru, Palau, Solomon Islands, Tonga, Tuvalu, and Vanuatu—as well as regional initiatives. The current MultiCountry Programme Document (MCPD, 2023–2027) aligns with the United Nations Sustainable Development Cooperation Framework (UNSDCF, 2023–2027) and regional priorities under the 2030 Agenda and the 2050 Strategy for the Blue Pacific Continent. UNDP’s strategic focus is organized under three outcome areas: Planet, Prosperity, and Peace. 

The Pacific Digital Economy Programme (PDEP)—a joint initiative of UNCDF, UNDP and UNCTAD—aims to build inclusive, safe, and interoperable digital economies across the Pacific, in line with UNSDCF 2023–2027 and UNDP MCPD Outcome 2/Output 2.1. PDEP addresses persistent gaps in access, usage, and quality of digital financial services, particularly affecting women, rural communities, persons with disabilities, youth, and labour mobility workers. Barriers include limited affordability and coverage of services, low digital and financial literacy, and fragmented enabling environments (e.g., payments interoperability, digital ID, data governance). COVID19 accelerated digital adoption while magnifying exclusion from finance, health, education, social protection and jobs. 

PICAP (Pacific Insurance and Climate Adaptation Programme) is a joint UNCDF–UNDP–UNU-EHS initiative that strengthens Pacific Small Island Developing States’ financial preparedness for climate- and disaster-related shocks. It targets the “protection gap” created by high hazard exposure, low insurance penetration, and limited strategies for rapid disaster financing, which often force households and governments to rely on savings, borrowing, budget reallocation, or aid.  PICAP works through four linked workstreams: enabling policy and regulation (including parametric/index insurance standards and country CDRF/CDRFI strategies); building a digital ecosystem with MNOs and FinTech/InsurTech partners for onboarding, premium collection and payouts; supporting inclusive innovation to design, pilot and scale customer-centric micro- and meso-level CDRFI products, including “macro-to-micro” approaches connected to social protection; and empowering customers via literacy, outreach and tailored communications, prioritising women, youth, persons with disabilities and MSMEs.

UNDP seeks a national Project Finance Associate to work on finance for PDEP and PICAP from UNDP side.

Duties and Responsibilities

The Finance Associate works under the general supervision of the  PDEP and PICAP managers and PDEP Programme Coordinator.    Programme Coordinator and collaborates closely with the Finance Analyst of the programme. 

Under the overall guidance of the Programme Coordinator, the Project Finance Associate is responsible for ensuring the highest efficiency in financial resources management and the provision of accurate, thoroughly researched and documented financial information, effective delivery of financial services, and transparent utilization of financial resources. The Finance Associate is expected to: 

Summary of Functions:

1. Provision of administrative services and implementation of operational strategies focusing on achievement of the following results:

2. Ensures management of project finance and budgets and functioning of the optimal cost-recovery system focusing on achievement of the following results:

3. Maintenance and archiving of project documentation and management of project assets

4. Facilitation of knowledge building and knowledge sharing

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

Competencies

Core Competencies:

Cross-Functional & Technical competencies:

Finance    

Business Direction & Strategy    

Procurement    

Business Management    

Administration & Operations

Required Skills and Experience

Education:

Experience:

Required skills:

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

Required Languages:

Equal opportunity

As an equal opportunity employer, UNDP values diversity as an expression of the multiplicity of nations and cultures where we operate and, as such, we encourage qualified applicants from all backgrounds to apply for roles in the organization. Our employment decisions are based on merit and suitability for the role, without discrimination. 

UNDP is also committed to creating an inclusive workplace where all personnel are empowered to contribute to our mission, are valued, can thrive, and benefit from career opportunities that are open to all.

Sexual harassment, exploitation, and abuse of authority

UNDP does not tolerate harassment, sexual harassment, exploitation, discrimination and abuse of authority. All selected candidates, therefore, undergo relevant checks and are expected to adhere to the respective standards and principles. 

Right to select multiple candidates

UNDP reserves the right to select one or more candidates from this vacancy announcement.  We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description, experience and educational requirements.

Scam alert

UNDP does not charge a fee at any stage of its recruitment process. For further information, please see www.undp.org/scam-alert.