Terms of Reference: Individual Consultant
Private Sector Specialist
Duration
04 Months
Background
The Govt. of Khyber Pakhtunkhwa recently adopted Public Private Partnership Act, 2014 to provide for the participation of the private sector in financing, development, operation, or maintenance of infrastructure or development projects or other related services of the Government through Concession Contracts in Public Private Partnership mode and the establishment of institutions to regulate, monitor and supervise the implementation of Public Private Partnership contracts.
As a startup support, Government of Khyber Pakhtunkhwa (GoKP) requires competent business development specialist in the development and execution of high quality PPP projects. The specialist will work for the PPP unit for promotion and facilitation of PPP development within the Government of Khyber Pakhtunkhwa.
Job Description:
The Private Sector Specialist is expected to provide expert input into all PPP projects on the financial and economic structuring and explicit and implicit financial along-with economic costs to government. The Specialist will be someone with sound project financing modeling and economic analysis skills with core specialties in B/C ratio, IRR, NPV and other best known for economic and financial analysis with good experience on a number of projects in various sectors from a private sector financing & economic point of views perspective as well as experience in understanding the project risks to both public and private sector participants. In particular s/he will be required to:
- Lead the Project Appraisal of the PPP Unit.
- Advise line departments and other government entities on the feasibility studies required in order to demonstrate project viability
- Advise on the appropriate financial structure for these projects based on a knowledge of the market’s ability to provide finance and bear risk
- 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 PPP Unit risk and debt management unit and managed appropriately. This includes guarantees and other instruments.
- Analyse all financial/economic models, both in the feasibility studies and in proposals submitted as part of the competitive bidding process to ensure that the projects are affordable, financially and economically sound and sustainable with appropriate risk allocation
- Contribute to the development of the Management Information System in terms of developing a database of relevant financial and economic material, global best financial practice and development of standardized contractual provisions and security of financial documents
- Contribute to the development of PPP Financial Methodologies
- Hire and brief outside financial advisors as necessary
- Perform such other tasks as assigned by the PPP Unit as may become necessary
Scope of Work
- Establish and operationalize financial management functions at the PPP Unit.
- Establish the computerized financial management/accounting system at the PPP Unit.
- Monitor and analyze financial transactions though the computerized financial management accounting system.
- Implement project-specific financial management and internal control manuals at the PPP Unit and in all Contracting Agencies based on the general financial manuals.
- Operationalize disbursement procedures at the PPP Unit and in all concerned stakeholders or Contracting Agencies in accordance with project agreements under PPP Act 2014.
- In consultation with the Project Manager and Lead Specialists, design and prepare Project cost projections for the current year expenditures, in order to make accurate delivery projections and realistic budgeting.
- Oversee and prepare financial transactions from the projects account, payments and purchase orders, in accordance with agreed procedures.
- Conducting financial analysis of PPP unit
- Chalking out comprehensive capacity building and institutional strengthening financial strategies and plans.
- Providing advice and playing a major role in work area reviews and change processes.
- Preparation of TORs for relevant studies/surveys and supervision of the work of consultants.
Qualifications
- Experience of 5 years working within the private sector (Corporations, Industry)Know-how of GoKP operations
- The Specialist will possess a post graduate degree in economics, finance, MBA, M Com, or ACMA, CA and Management, Industrial Relations.
- The incumbent shall have broad experience in financial and economic analysis and design, enterprise, team and individual performance appraisal and development of financial management policies, practices and procedures.
- Must have successful, verifiable and relevant experience in a project finance, and economic environment, either as an equity sponsor or an investment bank
- Must be a good manager who is driven and proactive
- Must be able to analyze and solve complex problems
- Must have a balanced personality with excellent communication and interpersonal skills
- Must be able to work independently as well as part of a team
Reporting Channel:
- Additional Secretary P&DD, Khyber Pakhtunkhwa.