Consultancy 12 months: Finance Specialist, Office of Innovation (Giga) - Remote
Remote | Geneva
Giga seeks a Finance Specialist to join one of the most innovative and impactful initiatives at the United Nations. This individual will lead Giga’s capital formation efforts, deepen and operationalize relationships with mission-aligned development partners, and develop creative project-level financing solutions.
UNICEF works in some of the world’s toughest places, to reach the world’s most disadvantaged children. To save their lives. To defend their rights. To help them fulfill their potential.
Across 190 countries and territories, we work for every child, everywhere, every day, to build a better world for everyone.
And we never give up.
For every child...Innovate
UNICEF has a 70-year history of innovating for children. We believe that new approaches, partnerships, and technologies that support realizing children’s rights are critical to improving their lives.
The Office of Innovation is a creative, interactive, and agile team in UNICEF. We sit at a unique intersection, where an organization that works on huge global issues meets the start-up thinking, the technology, and the partners that turn this energy into scalable solutions.
Launched in 2019 as a joint initiative between UNICEF and ITU, Giga has set the ambitious goal to connect every school in the world to the internet. Half of the world’s population has no regular access to the Internet. Millions of children leave school without any digital skills, making it much more difficult for them to thrive and contribute to local and global economies. This has created a digital divide between those who are connected and those who are not, a divide that has become even wider during the Covid-19 pandemic. UNICEF and ITU have therefore joined forces to create Giga, an initiative to connect every school in the world to the Internet and address this new form of inequality.
Giga focuses on connecting schools so that children and young people have access to information, opportunity, and choice. It also uses schools as anchor points for their surrounding communities: if you connect the school, you can also connect local businesses and services. This creates opportunities for service providers to generate revenue from paying users, making connectivity more sustainable. A 2021 report by the Economist Intelligence Unit found that a 10% increase in school connectivity can increase effective years of schooling by 0.6% and increase GDP per capita by 1.1%.
You can read more about Giga’s work at https://giga.global/ and by following us on twitter @Gigaglobal
How can you make a difference?
As a Finance Specialist with Giga, you seek to mobilize $5B in catalytic capital to jumpstart connectivity projects, securing donor pledges, development loans, private capital, and other non-traditional sources of project funding.
In particular, you will:
Leading outreach to existing and prospective financial supporters, including:
- Advancing a dedicated Giga financing vehicle for school connectivity;
- Articulating Giga’s unique vision to public and private sector partners;
- Building bespoke financial models and clearly explaining their outputs and implications.
Finance Partnerships and Stakeholder Engagement.
- Giga seeks to deepen and operationalize relationships that have been cultivated at the multilateral, regional and national levels.
Leading partnership and stakeholder engagement efforts by:
- Expanding and leveraging relationships with key stakeholders, including development banks and institutional investors, to advance connectivity projects, in coordination with UNICEF’s Public Partnerships Division and Private Fundraising and Partnership Division;
- Designing and deploying joint financing mechanisms;
- Coordinate multi-stakeholder efforts to gather data, conduct economic and financial analysis, and assess the potential impact of connectivity investments;
- Supporting UNICEF country offices and corresponding directly with local authorities, as appropriate;
- Serving as a thought leader and finance expert within UNICEF and ITU.
Please access the full Term of Reference (ToRs) and read a more detailed description of the assignment in this file in order to prepare your financial proposal and know more about the role: Finance Specialist.pdf
To qualify as an advocate for every child you will have…
- Master’s* degree in Business Administration, Political Science, Economics, Finance or related field.
- *A first University Degree in a relevant field combined with 2 additional years of professional experience may be accepted in lieu of an Advanced University Degree.
- A minimum of 5 years of professional work experience in a financing/finance advisory role in, or to, emerging and developing countries
- Ability to perform project-level analysis and build financial models.
- Demonstrated strong skills in PowerPoint and Excel.
- Demonstrated strong writing and presentation skills in English.
- Ability to effectively work and coordinate in a multiple stakeholder environment, IFI experience preferred.
- Ability to work with a diverse team in a rapidly changing work environment and adapt to unforeseen changes.
- Experience working in the intersection of development/donor organizations, public finance, and the commercial sector is an asset.
- Experience designing and developing business plans is an asset.
- Experience in the telecommunication infrastructure sector is an asset.
- Knowledge of another UN language is an asset.
- Experience in a UN system agency or organization, some of which served in a developing country, is considered an asset.
- Fluency in English is required. Knowledge of another official UN language (Arabic, Chinese, French, Russian or Spanish) is an asset.
- The consultant is expected to travel to Geneva once a month for 4 days at a time (or twice for 2 days each) during the twelve months.
- The consultant is responsible for arranging his/her own travel, including visa
Payment details and further considerations:
- Payment of professional fees will be based on the submission of agreed deliverables. UNICEF reserves the right to withhold payment in case the deliverables submitted are not up to the required standard or in case of delays in submitting the deliverables on the part of the consultant.
- Consultant is responsible for his/her own health and travel insurance.
- Consultant is responsible to arrange his/her own travel, including visa.
How to apply:
- Interested applicants are required to submit a financial proposal with an all-inclusive fee. Please see the financial proposal template here: Consultancy Financial Offer template.docx
- Financial proposal must include travel costs (economy class) and daily subsistence allowance, if travel is required as per TOR and any other estimated costs: visa, travel/health insurance
- Applications without a financial proposal will not be considered.
For every Child, you demonstrate…
UNICEF's values of Care, Respect, Integrity, Trust, Accountability, and Sustainability (CRITAS).
To view our competency framework, please visit here.
UNICEF is here to serve the world’s most disadvantaged children and our global workforce must reflect the diversity of those children. The UNICEF family is committed to include everyone, irrespective of their race/ethnicity, age, disability, gender identity, sexual orientation, religion, nationality, socio-economic background, or any other personal characteristic.
UNICEF offers reasonable accommodation for consultants/individual contractors with disabilities. This may include, for example, accessible software, travel assistance for missions or personal attendants. We encourage you to disclose your disability during your application in case you need reasonable accommodation during the selection process and afterwards in your assignment.
UNICEF has a zero-tolerance policy on conduct that is incompatible with the aims and objectives of the United Nations and UNICEF, including sexual exploitation and abuse, sexual harassment, abuse of authority and discrimination. UNICEF also adheres to strict child safeguarding principles. All selected candidates will be expected to adhere to these standards and principles and will therefore undergo rigorous reference and background checks. Background checks will include the verification of academic credential(s) and employment history. Selected candidates may be required to provide additional information to conduct a background check.
Only shortlisted candidates will be contacted and advance to the next stage of the selection process.
Individuals engaged under a consultancy or individual contract will not be considered “staff members” under the Staff Regulations and Rules of the United Nations and UNICEF’s policies and procedures, and will not be entitled to benefits provided therein (such as leave entitlements and medical insurance coverage). Their conditions of service will be governed by their contract and the General Conditions of Contracts for the Services of Consultants and Individual Contractors. Consultants and individual contractors are responsible for determining their tax liabilities and for the payment of any taxes and/or duties, in accordance with local or other applicable laws.
The selected candidate is solely responsible to ensure that the visa (applicable) and health insurance required to perform the duties of the contract are valid for the entire period of the contract. Selected candidates are subject to confirmation of fully-vaccinated status against SARS-CoV-2 (Covid-19) with a World Health Organization (WHO)-endorsed vaccine, which must be met prior to taking up the assignment. It does not apply to consultants who will work remotely and are not expected to work on or visit UNICEF premises, programme delivery locations or directly interact with communities UNICEF works with, nor to travel to perform functions for UNICEF for the duration of their consultancy contracts.
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