LOCAL DEVELOPMENT INTERN

UNDP - United Nations Development Programme, Dhaka, Bangladesh

Skill Required:, Business Development/ Resource MobilizationProject/ Programme Management
Preferred Experience: 
Internship
Closing Date for Applications: 
30th September, 2018


Job Description

Background

The United Nations Capital Development Fund (UNCDF) is the UN’s capital investment agency for the world’s 47 least developed countries. With its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private financial resources, especially at the domestic level, to reduce poverty and support local economic development. In Bangladesh, UNCDF is supporting initiatives designed to unlock the flow of domestic and private sector capital to invest in infrastructure and service projects needed to accelerate local economic development and private sector development. By strengthening how finance works at the local level, UNCDF contributes to SDG 1 (no poverty), 5 (gender equality), 8 (decent work and economic growth), 11 (resilient cities), and 17 (unlocking public & private finance for the poor at the local level) on the means of implementation by identifying those market segments where innovative financing models can have transformational impact in helping reach the last mile and address exclusion and gender inequalities of access.

UNCDF provides seed capital, loans and targeted technical support to help development finance institutions reach more poor households and small businesses, and local governments finance the capital investments. In Bangladesh, UNCDF is implementing the Local Finance Initiative (LFI) programme methodologies and tools that are designed to unlock the flow of capital to invest small and medium-sized infrastructure projects that are required to accelerate local economic development and private sector development for IELD Bangladesh programme and Municipal Investment Finance programme.

The Intern will work under the direct supervision of UNCDF’s Program Analyst (Investment), based in Dhaka, Bangladesh and will have constant supervision and guidance from the internship supervisor and the UNCDF programme management in Bangladesh and Region

Duties and Responsibilities

Compile, validate and report on financial related data and evidence:

  • Collect and compile relevant financial data and evidence from books of accounts, cash book, register, bank statement, balance sheet, others record, files and registers.
  • Analyze business trends and market segments on SME’s, private sector, public private partnership, NGO’s social business and public sectors businesses.
  • Produce and coordinate easy-to-use presentation and communication material including data dashboards, maps, graphs, charts, info-graphics, blogs and other presentation material.
  • Synthesize program related financial research outcomes and lessons learned into formats tailored to LGI’s including municipalities, Private entrepreneurs and SMEs.
  • Provide support to other ad-hoc assignments directed by the supervisor.

Investment due diligence:

  • Analyze investment related documentation (i.e. audited financial accounts, cash book, banking related documents, register, staff payment, maintained sales register, files and other documents check and validate.
  • Verify financial report and data through cross-checking with different sources
  • Detect irregularities, manipulated, irrelevant, tempered or any confused data (if any)
  • Review and check authenticity of title deed, registration, ownership documents, utilities, rental document, bank sanction letter, bank statement, Tax, VAT related certification and documents.
  • Cross check of various information related to inputs collection, machineries, production, product supply, value chain, marketing, environment, compliance management as well as issues related with human resources management
  • Provide support to other ad-hoc assignments directed by the supervisor.

Business proposal and bankable business plan preparation

  • Assist in the preparation of draft business proposal including investment rational, financial projection, commercial assumption, commercial feasibility and risk management.
  • Preparation of business development plan, year of year growth performance, considering sustainable business
  • Preparation of report on existing business practices and prepare financial projection of proposed expansion of businesses based on field proposal
  • Provide support to other ad-hoc assignments directed by the supervisor.

Assess commercial feasibility, profitability, marketing and operations:

  • Asses commercial feasibility, profitability and marketing operations of submitted proposal.
  • Review different feasibility and market study report from the proposed businesses
  • Document lessons learned
  • Provide support to other ad-hoc assignments directed by the supervisor.

Assess existing performance of financial management and accounting system:

  • Asses overall financial governance of ongoing businesses
  • Assist financial management performance of the particular businesses
  • Asses existing accounting system and suggest / comments for further scope for development

Competencies

Core Competencies:

  • Commitment to UNCDFs vision, mission, and strategic goals;
  • Highest standards of integrity, discretion and loyalty;
  • Excellent organizational, inter-personal, communication and administrative skills;
  • Able to work effectively in a team and in an international environment.

Functional Competencies:

  • Demonstrable skills in research, analytical thinking, and communication;
  • Excellent writing and editing skills in English;
  • Proven ability to manage diverse and complex tasks, with tight deadlines;
  • Able to take initiative and work independently, with minimum supervision;
  • Strong organizational, communication and interpersonal skills with ability to work under pressure within an international setting and to work within a diversified team environment as a contributing member;
  • Interest in the UN system and general knowledge of development issues is a plus;
  • Ability to perform a variety of administrative tasks.

Required Skills and Experience

Education:

Applicants to the internship programme must at the time of application meet one of the following requirements:

  • Be enrolled in a graduate school programme (second university degree or equivalent, or higher);
  • Be enrolled in the final academic year of a first university degree programme (minimum Bachelor’s level or equivalent) in the field of Finance/Economics/Business Administration/Development studies and similar discipline from reputed Institution desired.
  • Have graduated with a university degree (as defined in (a) and (b) above) and, if selected, must start the internship within one-year of graduation.

Experience:

  • Working experience is not required however familiarity with UN system and development sector is preferred
  • Fresh graduates interested in pursuing higher education such as PhDs are preferred)
  • Experience in the use of computers and office software packages (MS Word, Excel, Access, etc); good knowledge and experience in handling of web-based information management systems.

Language:

  • Strong writing and speaking abilities both in English and Bengali

Duration of Assignment:

Please note that this is an open call for applications, please indicate your availability from November 2018 to January 2019 (in terms of starting date)

Other:

  • Interns are not staff members;
  • All costs connected with an intern's participation in the programme must be borne by the students or the nominating institutions as appropriate. UNCDF policies do not provide for interns to be compensated for travel, salaries and living expenses;
  • The purpose of the Internship Programme is not to lead to further employment with UNDP but to complement an intern’s studies. Therefore, there should be no expectation of employment at the end of an internship.

Source:https://jobs.undp.org/cj_view_job.cfm?cur_job_id=81170


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