Economics Analyst, NPSA- 9, DS - Kyiv, National Position

Organizational Context

The UNDP Ukraine is implementing the Ukraine District Heating Programme Technical Assistance, financed by the EIB. This initiative aims to strengthen institutional capacity, improve project bankability, and facilitate access to sustainable finance for district heating modernization and energy efficiency investments. The role of the Economics Analyst is crucial in bridging the gap between UNDP's technical expertise and EIB's financial resources to support Ukraine's recovery priorities in the energy sector.

Job Purpose

The Economics Analyst will support municipalities, public utilities, and the UNDP Programme team in developing and analyzing economic and operational models for district heating and energy efficiency investments. This role is pivotal in assessing investment justification, conducting cost-benefit analyses, evaluating affordability, performing scenario modeling, and forecasting demand and tariffs. The incumbent will provide essential analytical inputs for project appraisal and decision-making, contributing to the successful preparation and implementation of priority district heating investments that enhance energy security, operational reliability, transparency, and long-term sustainability within Ukraine's critical energy infrastructure sector.

Responsibilities

Develop and maintain economic and investment analysis models for sub-projects, including cost structures, savings, revenue assumptions, and project efficiency. Prepare multi-period economic forecasts using technical inputs for rehabilitation, energy efficiency, and renewable energy projects. Assess key performance indicators such as payback period, lifecycle cost, and energy savings. Analyze the operational and economic sustainability of municipalities and utility companies. Review and validate economic models and assumptions, providing feedback to the Project Manager. Conduct operational cost and revenue analysis, differentiating between various cost types and funding sources. Prepare investment-period and post-completion forecasts, assessing liquidity and operational risks. Produce consolidated forecasting summaries and update models based on changes. Provide technical assistance to applicants in preparing economic and analytical sections of sub-project applications. Liaise with partner banks and stakeholders to align modelling assumptions. Support the preparation of sub-project data packages and advise teams on investment planning and budgeting. Participate in technical evaluation processes and communicate on economic modelling matters. Prepare analytical briefs and reports, document best practices, and conduct training sessions on economic modelling and investment analysis.

Work Experience

Minimum of 2 years of relevant experience with a Master's degree (or 4 years with a Bachelor's) in economic analysis, infrastructure planning, investment modelling, budgeting, or utility performance analysis, preferably in the energy or public utilities sector. Experience with quantitative data, financial modelling, and preparing analytical reports is essential.

Skills

Economic modelling and investment analysis, operational forecasting, cost-benefit analysis, affordability assessment, scenario modelling, demand and tariff forecasting, financial analysis, data analysis, MS Excel proficiency, report writing, stakeholder engagement, technical assistance, training delivery, systems thinking, entrepreneurial thinking, negotiation and influence, communication, customer satisfaction/client management.

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