Senior Expert on Corporate Governance and Finance (Категорія 1)

Senior Expert on Corporate Governance and Finance (Category 1)

1. Objective(s) and Linkages to Reforms

The Recovery and Reform Support Team (RST) at the Ministry for Development of Communities and Territories of Ukraine (MDCT or the Ministry) is a group of Ukrainian professionals (non-civil servants) funded on a temporary basis through the Ukraine Recovery and Reform Architecture (URA)^[1] programme that provides targeted technical support and assists the Ministry in the design and implementation of priority reforms. The RST will assist in filling capacity gaps in the design and implementation of priority reform strategies and programmes, while strengthening links and partnerships between the Ministry`s priorities and relevant donor support.

Priority areas for the RST at the Ministry for Development of Communities and Territories of Ukraine will be:

• Transport Infrastructure;
• Municipal Infrastructure;
• Regional Development and Decentralisation;
• Digitalisation;
• Public Administration Reform and Capacity Building;
• Public Investment Management.

The Senior Expert on Corporate Governance and Finance will support the Ministry in developing and implementing corporate governance reform initiatives within the Ministry’s policy areas. The key role of the Senior Expert will be to support the transition of state-owned enterprises (SOE) and provide advisory services on SOE financial performance, with a focus on increasing their bankability and investment attractiveness. This role involves analysis of financial aspects of enterprise performance, tracking their operational efficiency, advising on financial risks mitigation measures, as well as tracking, institutional, and organisational aspects of corporate governance. The role also involves supporting the development of relevant frameworks, procedures, and accountability mechanisms, and ensuring that corporate governance reform efforts align with OECD principles, EU standards, and Ukraine’s recovery and development priorities. The position is critical to supporting Ukraine’s recovery and reconstruction by improving governance, oversight, and institutional performance.

2. Position and Reporting Line

The Senior Expert on Corporate Governance will be a full-time consultant at the RST. The consultant will be subordinated to the RST Director and will work in the cross-sectoral team of the RST and closely with relevant deputy ministers, Ministry departments, as well as interacting with SOE leadership. The role will involve supporting corporate governance reforms, tracking transition of state-owned enterprises under the MDCT mandate, providing advisory support to enhance financial standing of relevant enterprises, including strategic ones, contributing to the tracking implementation of enterprise Letters of Expectations (LOE) – official documents through which the owner sets out the company’s short- and medium-term objectives to guide management decision-making and performance evaluation – and financial plans, supporting improvement of governance and accountability mechanisms for State  enterprises and public assets, and assisting the Ministry in coordination with government stakeholders, international partners, and financial institutions.

3. Duration of the Assignment

The consultancy appointment is expected to start in August 2026. Duration of the assignment has an estimated duration till July 2027, subject to the availability of project funding, the consultant’s performance, and the specific requirements of the RST. This appointment may be extended.

4. Main Duties and Responsibilities

 The Senior Expert is expected to support the Ministry with the following:

• analysing financial performance of the state-owned enterprises and public assets (budgetary entities) under MDCT management;
• identifying financial and organizational issues within the SOEs and providing recommendations how to solve them;
• providing assistance in SOE transformation process, including organizational structure changes;
• analysing timely and thorough implementation of financial plans and Letters of Owner’s Expectations of enterprises;
• analysing SOEs bankability and providing recommendations on financing primary needs and well as sources for financing;
• coordinating with relevant Ministry departments, public authorities, development partners, and other stakeholders on corporate governance reform issues;
• preparation of presentations, analytical materials, draft documents, guidelines, templates, and capacity-building tools for the Ministry and relevant public entities;
• preparing regular updates and progress reports on corporate governance reform initiatives, including key developments, challenges, and recommendations;
• other responsibilities as assigned by the RST Director.

Expected deliverables:

• analytical inputs on enterprise financial performance and bankability;
• reports on progress of the fulfilment of enterprise financial plans and Letters of Owner’s Expectations;
• analytical inputs of progress of corporate governance reform and respective needs of the MDCT, ownership policy, governance structures, accountability mechanisms, transparency requirements, and relevant legal and institutional arrangements;
• draft corporate governance-related documents, including analytical notes, recommendations, draft procedures, draft orders, terms of reference for working groups, templates, and other supporting materials;
• proposals for improving the financial and operational performance of enterprises;
• proposals of ways and means of funding financial needs for the enterprises and improving their attractiveness to investors;
• proposals how to use Artificial Intelligence for financial and operational analysis for the MDCT needs;
• records of stakeholder consultations and coordination with public authorities, enterprises, development partners, and other relevant stakeholders;
• regular updates on corporate governance reform initiatives, outlining progress, key issues, risks, challenges encountered, and recommended actions.

The specified lists of the scope of work, services, and expected deliverables can be modified and supplemented on request from the Ministry and in agreement with the EBRD and the EU Delegation to Ukraine.

5. Qualifications, Skills, and Experience

5.1. Qualifications and Skills:

• Master’s degree in Economics, Finance, Business Administration, or other relevant field;
• proven strong knowledge of corporate finance and company analysis;
• good knowledge of corporate governance frameworks, OECD corporate governance principles and institutional reform mechanisms is desired;
• experience of using Artificial Intelligence for financial analysis is a strong advantage;
• excellent communication, negotiation, and stakeholder engagement skills with impeccable ethical standards;
• strong analytical and presentation skills, including the ability to assess organisational, and institutional aspects of corporate governance;
• PC literacy in Microsoft software (PowerPoint, Excel, Word, Project), Google Apps (Gmail, Calendar, Google Docs);
• fluency in Ukrainian and English.

5.2. Professional Experience:

• minimum 7 years of general professional experience;
• minimum 5 years of relevant experience in corporate finance and/or investments;
• experience of interacting with financial institutions, including banks, investment funds, development partners is a strong advantage;
• experience in governance, asset management, institutional reform, investment policy, or advisory work gained in government, international organisations, consulting, or financial institutions is desired;
• knowledge of the budgeting process with the local legislation framework is a strong advantage.

5.3. Other Competencies:

• knowledge of Ukrainian and EU legislation relevant to corporate governance;
• strong understanding of Ukraine’s corporate governance reform agenda and relevant institutional arrangements;
• knowledge of corporate governance standards and performance monitoring practices will be considered an advantage;
• ability to manage competing priorities and ensure timely, accurate, and complete deliverables;
• experience in working with government entities, public institutions, international organisations, and development partners is an asset;
• impeccable ethics.

6. Funding Source

URA is implemented with the financial assistance of the EBRD-Ukraine Stabilisation and Sustainable Growth Multi-Donor Account (MDA), contributors to which are Austria, Denmark, Finland, France, Germany, Italy, Japan, Latvia, the Netherlands, Norway, Poland, Slovenia, Sweden, Switzerland, the United Kingdom, the United States, and the European Union.

Please note, that selection and contracting will be subject to the availability of funding.

7. Submissions

Submissions must be prepared in English only and be delivered electronically by July 27, 2026, 23:59 (Kyiv time) to [email protected]

All submissions must include:

• a completed Application Form;
• the candidate’s Curriculum Vitae;
• NDA form;
• contact details of three referees who, if contacted, can attest to the professional and/or educational background of the candidate.

Important notice: only Ukrainian nationals are eligible to apply; civil servants are not eligible to apply unless 6 months have elapsed since they left such employment.

Only applications, that have been submitted using the correct template and are fully completed, will be considered.

8. Selection Procedure

Following the evaluation of all applications received, selected candidates will be invited to the written tests. Only shortlisted candidates will be invited to the interview.

^[1] The Ukraine Recovery and Reform Architecture (URA) is a comprehensive technical assistance programme deployed by the European Bank for Reconstruction and Development (EBRD), in partnership with the European Union, to support critical recovery and reform processes in Ukraine.