Last Date: August 10, 2010
Email: pfmcbp@mof.gov.tl
MINISTÉRIO DAS FINANÇAS
Planning and Financial Management Capacity Building Program
Job Title: Macroeconomic Adviser
Contract Number: DGPAR 30
Objectives: To assist the National Directorate for Macroeconomy to develop and strengthen the management, operational and technical capacity for macro monitoring, analysis and reporting. To help inform government policy decisions.
Reporting to: Director General, Policy Analysis & Research through the Senior Management Adviser, Policy Analysis & Research
PIU-PFMCBP (for contractual and operational purposes)
Counterpart staff: National Director, National Directorate of Macroeconomy
Duration: To June 2011
Location: Ministry of Finance, Dili – Timor Leste
Selection Criteria
A Post Graduate Degree, preferably a PhD, in Macroeconomics
* At least fifteen years experience in operational and managerial roles in the areas of macroeconomic modeling; revenue and expenditure forecasting; macroeconomic policy analysis and reporting. Five of these years would have been spent in a Macro Unit of a Ministry of Finance or related agency.
* Demonstrated experience in the establishment and or management of a macroeconomic unit and strengthening of human and institutional capacity.
* Extensive experience of working on macroeconomic issues in a developing country.
* Demonstrated understanding of capacity building approaches and a track record of having built skills and capacity of individual staff and institutions.
* English Language fluency with willingness to learn Tetum and or Portuguese.
I. PROGRAM Background
The Ministry of Finance of the Government of the Democratic Republic of Timor-Leste intends to recruit a Macroeconomic Adviser for its Planning and Financial Management Capacity Building Program (PFMBP). PFMCBP is a five-year technical assistance program supported by a grant from the International Development Association and a co-financing Multi-Donor Trust Fund. The Program started in late 2006, and is scheduled to end in June 2011. PFMCBP provides technical assistance to strengthen capacity in the Ministry of Finance for prudent, effective and accountable planning and management of public finances to promote growth and poverty reduction. .
PFMCBP has assisted the Government of Timor-Leste take forward an important reform agenda. Key achievements include implementation of a major reorganization of the Ministry of Finance; strengthening public expenditure management through simplification and strengthening of treasury systems and processes, and increased delegation of authority to line ministries; improved revenue management, including increased transparency in tax administration and reinforcing Petroleum Tax administration; and a gradual improvement in macroeconomic planning. There are important challenges ahead as the Ministry of Finance implements a strong reform program in a capacity constrained environment. PFMCBP itself has a challenge to build capacity and enable an increased transfer of responsibility to Timorese public servants.
II General Directorate for Policy Analysis and Research
The General Directorate for Policy Analysis and Research is responsible for policy advice on the macroeconomy, preparation and dissemination of economic and social statistics on Timor-Leste and management of the Petroleum Fund. The Directorate provides high quality data for decision-making in different areas of economic and social governance as well as provision of timely economic analysis and projections to inform government policy decisions and budget preparations. There are three National Directorates under the General Directorate for Policy Analysis and Research; Macroeconomy; National Statistics; and, the Petroleum Fund.
Role of the National Directorate of Macroeconomy (NDM)
The National Directorate of Macroeconomy is responsible for the following:-
a) Undertake analysis and recommend policies leading to the promotion of economic development and to the reduction of poverty;
b) Undertake or oversee studies relating to the public and private sectors, public sector tax and expenditure policy, structural reforms, employment, salaries, financial markets, investment and capital formation;
c) Estimate economic growth, employment and inflation.
1. In the field of sector policies and programs, the NDM:
a) Collaborates in the definition of structural development policies and their respective impacts on expenditures in infrastructures, namely public investment;
b) Estimates revenues, including revenue from the petroleum sector, domestic revenues;
c) Prepares policy papers on tax and applicable fees;
d) Provides opinions on matters related to expenditures, savings, investments and their implications on the use of the Petroleum Fund;
e) Analyses medium-term aggregate expenditure levels, including the balance between the State Budget, donor funds and capital expenditure;
2. The NDM also has the following responsibilities in trade and financial policies:
a) Assess international and regional statistical data on trade and investment with relevance to Timor-Leste;
b) Provide advice to relations and projects with international organizations, the World Bank, the International Monetary Fund and the Development Partners in the areas of economic and budget policy;
c) Prepare relevant economic and financial information notes, namely in the areas of development, foreign funding and investment, in order to distribute them by Government members, Embassies and Development Partners.
III. Duties and responsibilities
· Help to refine annual work plans and quarterly monitoring reports for NDM staff.
· Agree and undertake specific training and skills development needs based on technical requirements of the NDM.
· Develop a training plan that includes: (i) macroeconomic management and fiscal policy analysis; (ii) technical skills for forecasting and modeling; (iii) interpreting macroeconomic data; (iv) basic language and numeracy skills.
· Monitor and evaluate training and capacity building initiatives and adjust programs/ trainings as required
· Provide “ hands-on” training for the development and ongoing use of a macroeconomic model.
· Help staff to analyze and report on fiscal, monetary, balance of payments, and real sector developments, and to interpret model results.
· Help staff to put together a regular economic report.
· Develop manuals and technical guidance notes for staff on selected topics to enable them to undertake their work.
· Establish the key technical responsibilities of the NDM including: data compilation; maintaining standardized databases; forecasting; operating macro model; interpreting and reporting model results.
· Strengthen linkages between the NDM and other entities (Revenue and Customs, Statistics, Budget, Treasury, Autonomous Agencies, Banking and Payments Authority) to institutionalize the NDM’s work.
· Help to develop a joint monitoring arrangement for macroeconomic and fiscal developments.
· Establish standardized macroeconomic databases.
· Review and further develop the Ministry’s macroeconomic model.
· Develop a Medium-Term Fiscal Framework.
· Provide technical macroeconomic advice to the Ministry as and when required.
· Perform related duties as may be required by the Senior Management Adviser and the PIU-PFMCBP
IV. KEY DELIVERABLES
· Develop and or revised NDM staff work plans and training plans
· Prepare quarterly progress reports to Professional Development Program Secretariat on progress of capacity building initiatives.
· Prepare a brief management report outlining requirements for institutional strengthening within the NDM
· Prepare Manuals and Technical Guidance Notes on selected topics, as requested by the Senior Management Adviser –Policy Analysis and Research (PAR)
· Prepare Monthly, Quarterly and Annual Progress Reports
· Assist in standardizing the macroeconomic databases.
· Update the macroeconomic model.
· Prepare regular Macroeconomic reports as directed by the SMA.
· Develop Medium-Term Fiscal Framework.
· Perform related tasks as my be required by the Senior Management Adviser –Policy Analysis and Research (PAR) and the Senior Program Manager PIU-PFMCBP.
V. Work Plan and Reporting
Within the first four (4) weeks of the assignment, the Consultant shall prepare a Workplan based on the objectives of the assignment and specific functions for approval by the Senior Management Adviser for Policy Analysis & Research prior to implementation, copy furnished to the Senior Program Manager PFMCBP.
Within the first six (6) weeks of the assignment, the Consultant shall prepare a capacity building workplan, as outlined above. This will be prepared in consultation with human resource development staff and specialist advisers in the ministry. The Consultant shall then provide a duly endorsed monthly Workplan Progress Report to the National Director of Macroeconomy and Senior Management Adviser for Policy Analysis & Research as well as the Senior Program Manager - PFMCBP, on the progress and or completion of the activities outlined in the Work Plan.
The Consultant shall discuss and submit an End of Assignment Work plan Progress Report summarizing work undertaken against the Work plan, the degree to which the work has concluded, and a statement of outstanding tasks to the Senior Management Adviser (PAR), and the Senior Program Manager-PFMCBP no later than ten (10) working days before the end of the contract.
VI. Performance Evaluation
Performance shall be assessed by the Programme Implementation Unit (PIU) in accordance with the functions and agreed deliverables in the TOR and the performance review framework for advisors that has been put in place in the PFMCBP.
This position is subject to performance evaluations every six (6) months to ensure satisfactory progress in the implementation of the functions of the position. There is a probitionary period of three months.
VII. APPLICATION PROCEDURE
Please visit our website at www.mof.gov.tl and go to ‘Employment Opportunity’ to learn about our recruitment process and your application requirements including how to address the Selection Criteria in your application.
Applications must be sent to our Programme Implementation Officer-PFMCBP at email address, pfmcbp@mof.gov.tl, no later than 10th August 2010. Applications should include a covering letter and a detailed resume of no more than 7 pages. All applicants must also complete the Competency Framework Matrix below delineating how they have met the requirements. We do not expect that you would just cut and paste from your resume but rather explain concisely and succinctly how you have met these competences, possibly providing brief examples etc. Only short-listed candidates will be contacted.
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