Short-Term Diversified Financial Planner & Implementer
The USAID Indo-Pacific Opportunity Program (IPOP) is a 4-year, regional activity in the Indo-Pacific region designed to address the Public Financial Management (PFM) objectives under the Indo-Pacific Strategy (IPS). It aims to create inclusive and sustainable economic growth, encourage regional cooperation, promote good governance, and improve the management of institutions. IPOP will focus on improving the macroeconomic policy and trade environment in the target countries. It also aims to strengthen democratic institutions to oversee PFM and implement sustainable infrastructure projects.
IPOP is designed to contribute to four intermediate results:
• Improve trade and investment policy and capacity.
• Strengthen ability to implement sustainable and high-quality infrastructure projects.
• Improve macroeconomic and fiscal policy; and
• Strengthen democratic systems to oversee PFM
Under IPOP, the Open-Radio Access Network (ORAN) Activity will provide USAID and the Asia Open-RAN Academy (AORA) with the technical advisory services to the Philippines and implement specific targeted technical assistance and capacity building activities to strengthen PFM systems in the country.
The International Development Group (IDG) through its subcontractor, DevTech Systems Inc, is hiring a Finance Specialist for a total of three (3) months duration for the USAID IPOP ORAN Activity, set to close-out by the end of February 2025. This short-term assignment will address immediate financial planning needs and set a strategic direction for future financial resilience of AORA, an international NGO based in the Philippines.
Objective
The main objective of this assignment is to create a diversified financial plan that supports the organization’s short-term and long-term goals by identifying potential revenue sources, investment opportunities, and cost optimization strategies. The Diversified Finance Specialist will analyze current financial practices, identify opportunities for growth, and propose a diversified portfolio that ensures AORA’s financial stability and expansion.
Duration of Assignment
The assignment will be carried out over a period of three (3) months (63 days), starting from the date of engagement.
Scope of Work
• Develop a comprehensive financial plan document that outlines all findings, strategies, and recommendations with clear objectives, action plans, and timelines. This should include short-term (1 year), medium-term (3 years), and long-term (5 years) financial planning that will ensure sustainability, growth, and diversification of revenue streams.
• Identify opportunities for reducing costs without compromising operational efficiency.
• Identify new and emerging financial trends in the Philippine banking sector and investment companies, revenue opportunities, and investment options that align with the organization's goals.
• Recommend potential investment avenues and partnerships that could yield financial growth.
• Prepare detailed budget plans and financial forecasts to guide decision-making.
• Evaluate risks associated with current financial strategies and propose measures to mitigate them.
• Lead the preparation of Country Partnership Strategies (CPSs) and Country Operations Business Plans (COBPs), as needed.
• Recommend strategies for managing cash flow, investment, and risk mitigation.
• Identify key financial metrics and KPIs to track progress.
Reporting
The Financial Planner will report to the Executive Director and the Board Secretary and Treasurer to provide regular updates on the progress of the assignment. Weekly or bi-weekly meetings will be scheduled to review the progress, discuss challenges, and align on the next steps.
Qualifications and Experience
• Strong analytical and strategic thinking skills.
• Proven experience in financial planning, analysis, and strategy development.
• Strong understanding of diverse revenue models and investment planning.
• Background in risk assessment and management.
• Excellent communication and presentation skills. Ability to communicate complex financial concepts to non-financial stakeholders.
• Relevant qualifications in Finance, Economics, Business Administration, or a related field.
• Professional certifications (e.g., CPA) would be an added advantage.
Deliverables
The Financial Planner is expected to deliver the following:
• Work Plan in WBS format detailing schedules of submission of the deliverables
• Review and finalize the draft Sustainability Plan and prepare the cost structure of the 10 proposed financial models.
• Define criteria for investment selection, risk management, and expected returns.
• Recommend and draft cost optimization recommendations or the minimum funding requirements to allow AORA to function under its current structure.
• Create a detailed budget plan for the next 12 months, including projected income, expenses, and capital expenditures.
• Draft a diversified financial strategy document - covering short, medium, and long-term planning.
• Draft the Public-Private-Partnership manual for an ORAN 5G Network,
• Digital-Intelligent-Smart (DIS) Campus, ORAN Health, and ORAN Agriculture, among others.
• Prepare requirements for a Permanent Endowment Fund application, strategies for solicitation, and list of possible donors and sponsors.
• At least three (3) major fundraising events
Application Procedure
Interested candidates should submit the following:
• A CV highlighting relevant experience
• Examples of previous financial planning projects
• Availability.