+ **Location: Department of Treasury, Port Moresby, PNG** + **Commencement: April 2025** + **Duration of contract: 12 months from start date** + **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 practical sovereign debt-related advisory management support and capacity development across the Financial Management Division 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 practical advice and capacity building support to GoPNG officials to: + support work on sovereign debt issuance, acquisition 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, alongside the World Bank, and Commonwealth Secretariat, to strengthen the Treasury’s sovereign debt management tools (including Meridian), and support ensuring timely entry and capture of information + assist reconciliation of sovereign debt payment data with cash flow information and IFMIS reporting, and strengthening the automation of these processes + support expanding reporting on debt, 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 developing risk analysis, and particularly external financing risks associated with potential financial market scenarios + support debt refinancing work, including any debt swaps, as needed. + support the prudent structuring on PNG’s debt portfolio in terms of maturity, currency and interest rate composition, including as needed contributing to analysis for the MTDS and helping FMD staff in developing the same + supporting the team in analysis of the domestic debt market, and in developing policies and interventions to strengthen and deepen the domestic market and participation + assisting in developing forward borrowing plans to assist ensuring financing for the budget, promoting smooth continuous functioning of PNG’s securities market, and lowering borrowing costs + support the FMD team in engagement with bilateral and multinational donors, and as appropriate private investors + support the FMD and other relevant teams within Treasury in strengthening interactions and reporting to the 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 to the Treasury and the APEP Team Leader, Economic Policy Division (APEP). Specific Deliverables + Enhanced capacity of GoPNG officials and FMD staff, including strengthened practical policy analysis and implementation of sovereign debt management processes and reforms + Applied sovereign debt analysis and analysis of loans including for national projects involving major sources of financing + Sound functional sovereign debt management advice to Department of Treasury executive and GoPNG + Increase staff skills and capabilities in debt reporting, analysis and debt management + Production of a regular (ideally monthly), reconciled debt stock report internally + Other deliverables as agreed with the Secretary to the Treasury, AHC and APEP Key working relationships + Secretary to the Treasury and senior Treasury leadership team + APEP Director and Team Leader, Economic Policy Division (APEP) + 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 either 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 experience in sovereign debt issuance, management and debt sustainability analysis (at least 10-15 years practical experience). + Demonstrated skills in coordinating and facilitating discussions with a diverse range of stakeholders, including governments and international donor agencies. + Excellent written and verbal communication skills, with the ability to explain complex issues in a clear and concise manner and the ability to inspire and motivate others. + 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: Thursday, 06 February 2025 (Midday, local time) #** _LI-AUSBRIT_ _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_