Finance Specialist

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Last update: Apr 22, 2024 Last update: Apr 22, 2024


Deadline: Apr 28, 2024 Deadline for applications has passed
Location: Indonesia
Organization: UNOPS
Job type:Contract, up to 4 months
English, Indonesian English, Indonesian
Work experience:Min 5 years
Date posted: Apr 22, 2024


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Dutystation: Jakarta, Indonesia

Functional responsibilities

This is not a full-time position. Retainer contractors are used to carry out tasks intermittently and are called upon to work when needed. There are no minimum hours or days guaranteed.

Reporting to the Senior Programme Manager, the incumbent will have tasks that draw from the following areas:

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

  • 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.

In addition to the aforementioned 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.

Timeline of Implementation

A significant number of critical deliverables are expected between May and October 2024. Additional deliverables will be determined on a monthly basis, first through the development of a work plan, and then through biweekly meetings with ETP.


Education/Experience/Language requirements


  • An advanced University Degree (Master’s or equivalent) or higher degree in preferably Management, Finance, Economics, Environmental Economics, Sustainable Finance, or a related field.

  • First-level university degree (Bachelor’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.

Work 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.


  • Full working knowledge of English is required.

  • Fluency in Bahasa Indonesia is required.