Finance Manager ZEBRA

Climate Planning, Finance and Partnerships · Bogota, Colombia
Department Climate Planning, Finance and Partnerships
Employment Type Full-Time
Minimum Experience Experienced
Compensation COP 91,609,481 gross per annum

Background

 

The C40 Cities Climate Leadership Group, now in its 15th year, connects 96 of the world’s greatest cities which have committed to tackling climate change. We bring mayors from around the world together to learn from each other in reducing greenhouse gas emissions and creating resilient, sustainable and low carbon cities. C40 cities represent more than 700 million urban citizens and their economies account for 25% of the global GDP. C40’s ‘Deadline 2020’ report sets out the critical role that the world’s major cities have to play in delivering the historic Paris Agreement to prevent catastrophic climate change.

 

C40’s team of 200+ staff is headquartered in New York, with offices in London, Rio de Janeiro, Copenhagen, Beijing and Paris, and individual staff based across 25+ different locations, with the Office of the Chair based in Los Angeles.

 

The strategic direction of the organization is determined by an elected Steering Committee of C40 mayors which is chaired by the Mayor of Los Angeles, Eric Garcetti. Three-term Mayor of New York City Michael R. Bloomberg serves as President of the C40 Board of Directors, which is responsible for operational oversight. An eight-person management team, led by Executive Director, Mark Watts, leads the day-to-day management of C40. C40’s three core strategic funders are Bloomberg Philanthropies, the Children’s Investment Fund Foundation (CIFF) and Realdania.

 

At C40, we are committed to creating an inclusive working environment, where diversity is valued and there is equality of opportunity. We therefore encourage a diverse pool of applicants and welcome applications from all sections of the community and would like to request you to complete the recruitment and diversity questionnaire, to help us monitor our recruitment and selection procedures.  For how C40 handles your personal information, please review our Privacy Notice – Recruitment.

 

Zero-Emission Bus Rapid-deployment Accelerator

 

The Zero-Emission Bus Rapid-deployment Accelerator (ZEBRA), a partnership led by C40 and the International Council on Clean Transportation (ICCT) funded by P4G (Partnering for Green Growth and the Global Goals 2030) and supported by WRI, GGGI, Clean Energy Works, Centro Maria Molina de Chile is working to accelerate the deployment of zero emission buses in major Latin American cities by overcoming political, technical and financial barriers to this market transition.

 

On finance specifically, ZEBRA recognizes that current procurement and ownership models for urban buses which rely on private operators to procure, finance, own, operate, and maintain the vehicles have been a real barrier for these actors to transition due to their varying knowledge of the technology, cumulation of responsibilities and risks  and limited access to finance. The recent development and implementation of new commercial arrangements, ownership models, and financing mechanisms specifically for e-buses have been profoundly transformational in leading Latin American cities such as Santiago and Bogotá and will position the region at the forefront of technological, financial, and institutional innovation.


Position Description

The Zero Emission Bus Finance Manager will be a key part of ZEBRA’s activities in Latin America, coordinating the program’s effort to structure new commercial models in key Latin America cities, and engaging investors with a growing pipeline of bankable projects. The Finance Manager will take forward the work carried out by ZEBRA over the past year, leveraging the expertise gained in developing innovative financing solutions and applying the lessons learned to support project structuring on the ground. In this next phase, the Finance Manager will play a critical role in taking ZEBRA’s action from a high-level, regional effort to city-specific solutions.

 

In addition, the ZEBRA Finance Manager will lead the investor engagement effort in the region, by developing a comprehensive outreach strategy with the objective of mobilizing capital for e-bus projects in the region and facilitating the ZEBRA Investor Working Group already established. The Finance Manager will be responsible for leading the discussions inside C40 and with supporting partners (WRI, GGGI and Clean Energy Works) on finance aspects in the region.

 

At the city level, the ZEBRA Finance Manager will support municipal authorities and operators in the development of commercial models with adequate payment structures, concession contracts, and financial guarantees. The ZEBRA Finance Manager will provide support and advice to finance mechanisms being developed by national authorities in Colombia and disseminate findings and learnings to other geographies.

 

To support decision-making, the ZEBRA Finance Manager will be responsible for disseminating tools and knowledge materials to the relevant stakeholders in the region, and will be expected to update and develop knowledge pieces when necessary. Specifically, the ZEBRA Finance Manager will take ownership of the financial modelling tool and will gain full proficiency in its utilization to become the primary resource for user support.

 

Responsibilities:

 Business model and financial mechanisms development

  • Continue the development of innovative business models for e-buses in the region.
  • Input into the application for these models in cities, based on a thorough review of the local institutional and regulatory landscape.
  • Input into the development of a national e-bus finance mechanism in Colombia and disseminate learnings to other countries in Latin America.

 

Investor engagement

  • Lead outreach effort to financiers, including multilateral banks, national development finance institutions, asset managers, private equity, impact funds, pension funds, etc.
  • Develop outreach materials showing a clear pipeline of bankable projects in the region. 
  • Facilitate ZEBRA Investor Working Group meetings and discussions.

 

Financial modelling

  • Take ownership of the ZEBRA financial modelling tool, perform updates as required, and support users.
  • Carry out financial modelling of projects in different cities with the objective of supporting decision making at city-level, and demonstrating the bankability of the project pipeline to investors.>

  

Person Specification:

  • Bachelor’s degree, with preference for candidates holding a master’s degree in Finance, Economics, Science, Engineering, or other relevant field related to finance. 
  • Demonstrable of experience in financial project structuring, including financial modelling in transportation-related finance projects.  An existing knowledge of zero emission (electric) transport finance is a plus.
  • Experience in program management, network creation, and stakeholder engagement is highly desired.
  • Proven track record in working collaboratively and effectively with partners, such as city governments, financial institutions, NGOs, international organizations and the private sector
  • International experience, particularly working with across different cultures, languages and time zones. 
  • A proven track record of working remotely and independently. 
  • Excellent verbal and written communication skills in English and in Spanish. Knowledge of Portuguese is an advantage. 


Other Requirements:

Applicants must already have the right to work in Colombia. Applicants must be able and willing to travel to ZEBRA supported cities in Mexico, Colombia, Chile, and Brazil.

 

Location: Bogota, Colombia 

 

Term: Fixed Term Contract - Until June 2022

 

Salary: COP 91,609,481 gross per annum

 

Closing date for receipt of applications is Wednesday 30 September 2020.

 

To learn more about the work of C40 and our cities, please visit www.c40.org, follow us on Twitter @c40cities and like us on Facebook at http://www.facebook.com/C40Cities.

 

C40 is an equal opportunities employer. 

 

 

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  • Location
    Bogota, Colombia
  • Department
    Climate Planning, Finance and Partnerships
  • Employment Type
    Full-Time
  • Minimum Experience
    Experienced
  • Compensation
    COP 91,609,481 gross per annum