Sunday, June 4, 2023

Deputy Executive Director for Infrastructure Finance - MCAI-II based in Jakarta

The Millennium Challenge Corporation (MCC) is a U.S. government corporation established in 2004. Its mission is to provide assistance that will support inclusive and sustainable economic growth and poverty reduction in carefully selected developing countries that demonstrate a commitment to just and democratic governance, economic freedom, and investments in their citizenry. 

In December 2018, MCC’s Board of Directors selected Indonesia as eligible to develop a second compact. The compact agreement will be valid for a period of five years. MCC’s work with Indonesia on the second compact is currently in the pre-implementation preparation stage, prior to “Entry-Into-Force” (EIF) of the compact agreement at which time the five-year implementation period begins. The Government of Indonesia is in the process of establishing an implementation entity, called the Millennium Challenge Account – Indonesia II (MCA-Indonesia II or “MCA”), to act as a designee in supervising and managing the implementation of the five-year MCC Compact Program in Indonesia.

The MCC Indonesia Compact is designed to improve the country’s transport and logistics infrastructure, developing high-quality, climate-conscious transportation infrastructure in five provinces while increasing access to finance for micro-, small, and medium-sized enterprises (MSMEs).

On behalf of MCA-Indonesia II, we are seeking talented, highly qualified, and experienced Individual Consultant to take part in these interesting and challenging consulting services as:

Deputy Executive Director for Infrastructure Finance

I.                    Position Objective

The Deputy Executive Director for Infrastructure Finance will assume a critical role in the success of the MCA-Indonesia II and two Compact Projects related to infrastructure planning and finance: the ATLAS Project and FMDP. The ATLAS Project is focused on developing the institutional structures to improve project preparation while FMDP is focused on improving the availability of finance for infrastructure.  The Deputy Executive Director for Infrastructure Finance (“DED for Infrastructure Finance”) will oversee and ensure that infrastructure projects are being developed so that they can attract commercially oriented finance, supported by blended finance, as necessary.  Accordingly, a key objective for the DED for Infrastructure Finance will be to ensure that there is coherence between the demand and supply sides of infrastructure finance.

The DED for Infrastructure Finance, reporting to the Executive Director is responsible for MCA-Indonesia II’s project functions encompassing the planning, design, and implementation [referred to as Project Implementation] of the ATLAS Project and FMDP, and ensure that all ATLAS Project and FMDP implementation and targets are met according to Compact objectives, agreed workplans, program designs, estimated budgets as well as MCC’s ESP, gender integration and monitoring and evaluation requirements. The DED for Infrastructure Finance shall provide thought leadership, strategic direction, operational oversight, routine program management/administration coordination in the compact as appropriate, including maintaining robust communications and/or interface with both internal and external stakeholders that includes Government of Indonesia as well as the financial markets, donor community, and relevant private sector stakeholders.

II.                  Tasks and Responsibilities

  1. Represent ATLAS and FMDP as integrated components of the MCC Indonesia Compact  to project stakeholders (e.g., with national/local government counterparts, civil society, project beneficiaries, community stakeholders, donors, finance institutions, private sector representatives, service providers, province and district multi-stakeholder forums, and MCA/Jakarta consultant staff etc.) ensuring that collaborative relationships are built and maintained to facilitate the delivery of the program.
  2. Plan, prepare, successfully implement, and ensure sustainability of the ATLAS Project and FMDP consistent with the objectives, budget, investment criteria and other requirements stipulated in the Compact; oversee the development of project work plans and management plans to achieve this.  
  3. Recruit, direct, and supervise a team of technical specialists and consultants under ATLAS Project and FMDP that will manage and support the primary activities, including both home office (Jakarta) and, if required, MCA field consultant staff in provincial offices; ensure a cohesive framework for project closing including financing strategy that integrates project details and financing markets and that integrates project technical and cross-cutting areas.
  4. Guide Activity Leads (Leads for Transport Planning Reform, Good Practice Infrastructure Projects, PIMG, and PPDF Activities) and ensure a collaborative environment is established to facilitate cooperation, integration, sharing of information, and shared accountability for the success of ATLAS and FMDP.
  5. Provide strategic direction, routine operational oversight, and advice to advance the preparation, development and implementation of the programs including project/program management coordination, quality assurance and overall communications.
  6. Evaluate Compact requirements and determine the appropriateness/relevance of project designs and develop strategies and frameworks, allocate budgets and resources, to ensure the MCA’s ability to deliver.
  7. Coordinate with DED Programs and cross-cutting Leads to ensure that the ATLAS Project and FMDP are implemented in full compliance with MCC and Compact requirements related to environmental and social management and inclusion and gender integration, and in accordance with relevant Government of Indonesia environmental laws and procedures and Government of Indonesia gender mainstreaming regulation and MCC’s Gender Policy. Coordinate with DED Programs and cross-cutting Leads to ensure team provision inputs as required for the Monitoring and Evaluation (M&E), Environmental and Social Performance (ESP), Gender and Social Inclusion (GSI), and Climate Change Related Activities under the MCC guidelines.
  8. Ensure that ATLAS and FMDP project teams provide  inputs into the compact-wide  project-level Social and Gender Integration Plans (SGIP) and implement activities in compliance with the SGIPs.
  9. Ensure coordination within and among the four ATLAS Project Activities, the three FMDP project activities, as well as linkages to  potential shared workspaces that could include one-stop services (OSS) and childcare centers, implemented under the MSME Project; promote learning across Compact provinces and projects; and foster collaborative approaches at the provincial level between MCA-I and other Government of Indonesia and market or donor-funded infrastructure and transport & logistics development initiatives.
  10. Prepare regular progress reports and serve as the main point of contact on ATLAS- and FMDP related matters to the MCA-I Executive Director.
  11. Prepare periodic progress reports and serve as the main point of contact on ATLAS and FMDP related matters to the MCC (Washington) Project Leads.  Ensure appropriate coordination and interface is maintained between the MCA-I and MCC technical teams.    
  12. Ensure that provincial- and district-level findings are incorporated into project design and revisions.
  13. Travel as necessary, domestically to Compact provinces and internationally, to build and maintain effective working relationships with key counterparts and stakeholders.

 

III.                Key Qualifications (Education, Experience, Technical Competencies)

Required Qualifications

         Advanced University Degree in engineering, transport sector planning, infrastructure finance or a related field, with demonstrated experience in fields of relevance to the commercial and financial close of transactions in ATLAS Project and FMDP.

         Strong experience in policy and institutional reform activities in the infrastructure sector, bank and capital market in structured/project finance, and public-private partnerships. 

         Fifteen (15) or more years of experience, including at least ten (10) in a management or leadership position of a project or company, of demonstrated experience financing, managing, and implementing infrastructure projects, particularly in transport and/or logistics on international donor projects. 

         Experience working in the private, commercial sector in a related field (i.e., infrastructure finance).

         Demonstrated ability to manage large and complex contracts and to contribute to the procurement of such contracts.

         Knowledge of Government of Indonesia laws, regulations, and development plans, particularly those relevant to transport planning, infrastructure finance, environmental and social assessment, gender, climate change, public consultation, and economic development planning.

         Demonstrated ability to interact constructively and strategically with technical experts, government officials, beneficiaries of Compact projects, civil society, contracted service providers, local community leaders, and private sector counterparts including financial institutions.

         Demonstrated experience and proven skills in managing a large company or donor program with a multi-million USD budget and staff teams.

         Demonstrated ability to lead and work with multidisciplinary teams and institutions.

         Successful track record (and history) of achieving commercial and financial close of projects on time and within budget.

         Fluency in Indonesian and excellent written and verbal communication skills in English.

         Ability to travel to relevant project sites as needed.

 

Desired Qualifications

         Experience with municipal and climate finance is a plus.

         Experience working in Indonesia or the region on similar projects is preferred.

 

IV.               Duration and Performance Location

The Consultant is expected to work for a base period of 12 months.  There is potential for follow-on contracts to cover the implementation of the five-year Compact. Any follow-on contracts will be based on satisfactory performance and mutual agreement.

To apply please visit: https://indonesia-jobs.tenderwell.app/jobs/9/deputy-executive-director-for-infrastructure-finance-millennium-challenge-account-indonesia-ii

Attractive and competitive monthly service fee for successful applicants shall be offered to the best selected candidates.

This recruitment respects diversity, equity and inclusiveness. Highly qualified female candidates are encouraged to apply.

Only short-listed candidates will be contacted.

The deadline for submitting applications: 7PM (WIB – GMT+7) on 10 June 2023

 

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