CASY-MSCCN Jobs

• Location: Department of Treasury, Port Moresby, PNG

• Commencement: July/August 2024

• Duration of contract: 12 months

• Open to all applicants

About the Program

The Australia – PNG Economic Partnership (APEP) is a multi-sectoral investment to assist GoPNG to create a stable and more prosperous country. The investment is a key coordination point from which Australia delivers its economic development support to PNG in alignment with the Comprehensive Strategic and Economic Partnership (CSEP). The Australian Government is committed to delivering the Partnership in accordance with the principles of integration and alignment with PNG’s economic sector policies, systems and processes.

The Partnership’s policy objective is to assist PNG in its efforts to achieve sustained growth, capable of lifting the standard of living of all citizens, while also ensuring Australia maintains its reputation as PNG’s economic partner of choice.

The Partnership has gender equality, disability, social inclusion (GEDSI), women’s economic empowerment (WEE), climate change, economic dialogue and open government positioned as cross-cutting objectives across all engagement areas.

It has the following End of Program Outcomes (EOPOs):

• EOPO 1 Safeguarding Macroeconomic Stability

• EOPO 2 Strengthening Public Financial Management (PFM)

• EOPO 3 Supporting More Efficient and Inclusive Markets

• EOPO 4 Fostering Inclusive Growth and Expanded Livelihoods

• EOPO 5 Catalysing Economic Research and Dialogue

About the Opportunity

The Debt Management Adviser will work in a dynamic environment to provide sovereign debt-related advisory management support and capacity development across the Financial Management Division (FMD) of PNG’s Department of Treasury. Key areas of support will be in sovereign debt analysis, reporting, forecasting and management, and reviews of sovereign debt-related legislation and policies where required.

Specific Responsibilities

Provide advice and capacity building support to GoPNG officials to:

• Support work on sovereign debt issuance, management of official bilateral and multilateral debt and commercial loans and reforms to policy and legislative processes

• Support analysis on sovereign debt, and develop a sustained program of capacity building for the FMD on analytical techniques and tools

• Support reforms to strengthen the Treasury’s sovereign debt management tools

• Assist in the reconciliation of sovereign debt payment data with cash flow information and IFMIS reporting, and strengthen the automation of these processes

• Support expanded reporting on PNG’s debt portfolio, including producing internal monthly debt reports and dashboards

• Assist in forecasting and managing government cash flows, T-bill requirements, and related debt payment obligations

• Support risk analysis, including external financing risks associated with potential financial market scenarios

• Support debt refinancing analysis and processes

• Support the prudent structuring on PNG’s debt portfolio in terms of maturity, currency, and interest rate composition

• Support analysis and policies to deepen and raise participation in PNG’s domestic debt market

• Assist in developing forward borrowing plans to promote the smooth functioning of PNG’s securities market

• Support the FMD team in its engagement with bilateral and multinational donors

• Support the Treasury in strengthening interactions and reporting to rating agencies, such that there are improvements in PNG’s sovereign credit ratings

• Other work related to debt as directed by the FAS of FMD

• Work with APEP executive and meet MERLA requirements set out by APEP

• Other responsibilities as agreed with the Secretary for Treasury and the APEP Team Leader, Economic Policy Division

Specific Deliverables

• Enhanced capacity of GoPNG officials and FMD staff, including strengthened policy analysis and implementation of sovereign debt management processes and reforms

• High quality sovereign debt analysis, including for national projects involving major sources of financing

• Sound sovereign debt management advice to the Department of Treasury and GoPNG

• Increase staff skills and capabilities in debt reporting, analysis, and management

• Production of a regular debt portfolio reporting

• Other deliverables as agreed with the Secretary for Treasury, AHC and APEP

Key working relationships

• Secretary for Treasury and Treasury leadership team

• APEP Director and Team Leader, Economic Policy Division

• Australian High Commission

• Donor agencies and donor funded technical Advisers

• Ratings agencies

About You

For applications to be considered, a response to the key selection criteria below must be provided;

• Tertiary qualifications in accounting, finance, economics, or business administration.

• Demonstrated knowledge and understanding of the PNG Government (or similar) public finances and sovereign debt portfolio management systems and processes.

• Substantial (at least 10-15 years) experience in sovereign debt issuance, management and debt sustainability analysis.

• Proven ability to provide high quality verbal and written strategic advice to senior government officials and the ability to inspire and motivate others.

• Demonstrated skills in coordinating and facilitating discussions with a diverse range of stakeholders, including governments and international donor agencies.

• Demonstrated skills in preparing quality reports and other knowledge products.

How to Apply

• Please ensure to address the Key Selection Criteria (About You) in your cover letter, and submit your application online, along with your CV as a single document.

• Applications must be submitted personally by individuals only. Applications submitted by a company or organisation will not be accepted.

• The successful applicant will be engaged through an employment agreement determined by Abt.

We welcome and thank all applications; however only shortlisted applicants will be contacted.

Closing Date: Sunday, 16 June 2024 (Midday, local time)

Abt Global is an Equal Opportunity Employer, committed to upholding high standards of Child Protection, Anti-bribery, and Fraud Protection. We encourage applications from experienced and capable women, and people with disabilities.

Abt Global is a mission-driven, global leader with a proven track record in complex program implementation in the international development sector. We offer bold solutions and technical excellence in Health, Economic Growth, Governance, Research & Evaluation, Environment & Energy, Gender Equality & Social Inclusion. Working with our many partners, we have driven measurable social impact for more than 55 years, to achieve our mission of improving the quality of life and economic well-being of people worldwide. We operate in remote and challenging environments and employ more than 3,700 staff in over 50 countries. For more information about us and what we do, visit our website at www.abtglobal.com (http://www.abtassociates.com/)

Equity

Abt Global values individuality and celebrates difference with a strong commitment to all forms of diversity and equality including racial equity, gender, sexual diversity and disability inclusion. We strongly encourage people from culturally and linguistically diverse communities and Aboriginal and Torres Strait Islander people to apply for this position. We offer flexible work arrangements and a culturally safe environment for staff members from diverse racial and ethnic backgrounds.

Safeguarding

We are deeply committed to safeguarding, to protect and prevent harm and abuse to individuals we work for and who work for us. Our recruitment and selection procedures reflect our commitment to protecting children and vulnerable adults from abuse and exploitation. We will not tolerate discrimination, harassment, child abuse, sexual abuse or exploitation in any form, and expect everyone to be treated with respect and dignity.