Financial Planning for Youth Digital Skills Project in PNG

Develop budgets for the Empowering Youth Through Digital Skills project

This opening expired 1 year ago. Do not try to apply for this job.

Morobe Development Foundation Inc.

Open positions at Morobe Development Foundation Inc.

Home-based;

Volunteering Finance & Economy

Application deadline 1 year ago: Wednesday 16 Oct 2024 at 00:00 UTC

Open application form

Overview

Develop budgets for the Empowering Youth Through Digital Skills project

You have:

Bachelor's degree in Finance, Accounting, Economics, or related fields.
Strong proficiency in financial modeling and analysis.
Experience with budgeting and cost analysis.
Excellent skills in Microsoft Excel and financial software.
Knowledge of international development finance (preferred).
Familiarity with grant proposal budgeting (preferred).
Strong analytical and problem-solving skills.
Ability to work independently and as part of a virtual team.
Excellent written and verbal communication skills in English.

Contract

This is a UNV contract. More about UNV contracts.

Fast-track your UN career: Let the AI Application Assistant tailor your applications to catch recruiters' attention.

AI Application Assistant

Details

Morobe Development Foundation Inc. (MDF) is developing a comprehensive proposal for our "Empowering Youth Through Digital Skills" project. This initiative aims to establish 10 digital learning centers across rural communities in Morobe Province, Papua New Guinea, over the next two years.

Specifically, the project will focus on: 1. Providing digital literacy training to 5,000 young people aged 15-25; 2. Offering advanced IT skills courses to 1,000 participants; 3. Creating a mentorship program connecting skilled professionals with aspiring young entrepreneurs; 4. Developing a mobile app to extend learning opportunities to remote areas.

This project directly contributes to SDG 8 (Decent Work and Economic Growth) in the PNG context by: - Addressing the high youth unemployment rate (currently at 2.8% for ages 15-24) by equipping young people with in-demand digital skills; - Promoting entrepreneurship and innovation in the growing tech sector of PNG; - Supporting the PNG government's Vision 2050, which emphasizes the importance of human capital development and technological advancement.

Additionally, the project contributes to: - SDG 4 (Quality Education) by providing access to modern, relevant educational resources; - SDG 5 (Gender Equality) by ensuring equal participation of women and girls in digital skills training; - SDG 10 (Reduced Inequalities) by focusing on rural and underserved communities.

The financial planning support from Online Volunteers will be crucial in developing a sustainable and impactful project proposal, potentially transforming the lives of thousands of young people in Papua New Guinea and contributing to the country's sustainable development goals.

Online Volunteers engaged in this assignment will each be assigned one specific task.

Online Volunteer 1 - Budget Development: Develop detailed project budgets for the digital skills training programs. Create cost breakdowns for equipment, staffing, and operational expenses.

Online Volunteer 2 - Cost Analysis: Research and analyze cost-effective solutions for technology procurement in PNG. Prepare a comparative analysis of different procurement options

Online Volunteer 3 - Budget Alignment: Ensure budget alignment with proposal narratives and project goals. Assist in preparing budget justifications for grant applications.

Online Volunteer 4 - Financial Risk Assessment: Conduct a financial risk assessment for the project. Develop mitigation strategies for identified financial risks.

During the assignment, all Online Volunteer will have to participate in weekly virtual team meetings, provide regular status updates on their assigned tasks, and adhere to proposal deadlines and quality standards.

Bachelor's degree in Finance, Accounting, Economics, or related fields. Strong proficiency in financial modeling and analysis. Experience with budgeting and cost analysis. Excellent skills in Microsoft Excel and financial software. Knowledge of international development finance (preferred). Familiarity with grant proposal budgeting (preferred). Strong analytical and problem-solving skills. Ability to work independently and as part of a virtual team. Excellent written and verbal communication skills in English.

Apply now

Potential interview questions

Can you provide an example of a time you successfully developed a budget for a project?	This question helps the interviewer gauge your experience and approach to budgeting in project management.	Discuss a specific project, your thought process in creating the budget, and the eventual outcome.
How would you ensure the alignment of a project budget with its objectives?	The interviewer wants to understand your strategic thinking and attention to detail in budget management.	Pro members can see the explanation.
What steps would you take to conduct a financial risk assessment for a project?	Pro members can see the explanation.	Pro members can see the explanation.
Can you describe a situation where you had to communicate complex financial information to a non-financial audience?	Pro members can see the explanation.	Pro members can see the explanation.
How do you prioritize tasks while working on multiple budgeting assignments?	Pro members can see the explanation.	Pro members can see the explanation.