Ministry of finance, planning and economic development
TERMS OF REFERENCE AND SCOPE OF SERVICES
PUBLIC INVESTMENT AND ASSET MANAGEMENT FOR GROWTH AND RESILIENCE
OPERATION (PIM PLUS)
INVESTMENT SPECIALIST
A. BACKGROUND
The Ministry of Finance, Planning and Economic Development (MoFPED) is responsible for
macroeconomic policy, fiscal management, and oversight of public investment execution in Uganda.
As Uganda advances implementation of its national development agenda under NDP IV, Government
is scaling up the preparation and execution of complex, capital-intensive transactions across
infrastructure, energy, agro-industrialization, and logistics.
The Ministry in effort to have a competitive National economy is seeking individual specialized
resources to work with the team providing continuous technical oversight and strategic guidance on
selected assignments. These assignments are central to strengthening Uganda’s ability to structure
and execute interventions that drive economic transformation and deliver the tenfold growth strategy.
Objective
The objective of the Investment Specialist is to provide a supportive role to MoFPED and Uganda
Investment Authority (UIA) management to make informed investment decisions through providing
expert financial advice, identifying profitable investment opportunities, managing investment
portfolios, minimizing financial risks and converting/ structuring investor interests into deals to
achieve the financial objective and maximize return on investment.
1. To support MoFPED and UIA achieve their financial goals through effective investment
planning and management.
2. To identify and recommend feasible/profitable investment opportunities while minimizing
financial risks.
3. To provide expert financial advice for informed investment decisions.
Duties and Responsibilities
The duties and functions of the Investment Specialist will include, but not limited to:
1. Develop comprehensive financial models for different investment proposals
2. Conduct detailed investment appraisal for proposed investments. This shall lead to generation of
investment led and economic resource/ financial flows, from the expected investment to assess
the long-term developmental, economic, and investment impact.
3. Undertake investment options appraisal and due diligence and recommend the optimal option for
implementation.
4. Design and recommend appropriate financing structures for investments, including Public-
Private Partnership (PPP) financing option
5. Identify, assess, and quantify, investment risks and contingent liabilities, including financial,
commercial, operational, legal, environmental, and fiscal risks. The Specialist shall evaluate
affordability implications for Government and recommend suitable mitigation and risk-sharing
mechanisms.
6. Engage and coordinate with potential investors, financiers, development partners, commercial
lenders, and other stakeholders to assess market appetite, financing availability, and investor
confidence, and to support the bankability and financial close of investment s.
7. Provide ongoing financial and investment advisory and prepare clear reports/briefs to support
Government decision.
8. Monitor compliance of investment implementation to financial and investment processes with
applicable Government policies, regulations, financing agreements, and best practices, and
support systems quality assurance processes related to investment and transaction management.
9. Liaise with relevant MDAs, and private sector to ensure effective coordination and alignment of
investment initiatives with national priorities and approved policy frameworks.
10. Carry out any other duties related to systems quality assurance and compliance as may be
assigned from time to time.
Key Deliverables/Outputs:
The Investment Specialist shall deliver the following;
1. A database/ profile of commercially/economically viable proposals developed for
stakeholders
2. Financial and economic models developed for respective proposals industry specific.
3. Feasibility report developed for proposed investments
4. Detailed risk register developed for prospective investments
5. Deals closed with prospective private sector investors.
6. Quarterly and annual performance reports on assigned activities and deliverables.
Reporting Obligations
The Investment Specialist will report to the Head, Private Sector Development Unit (PSDU). The
Specialist shall prepare a contract delivery plan to demonstrate delivery of milestones and guide on
the periodic reporting. The Specialist will be required to provide the following reports:
1. Quarterly progress reports by the 15th day of the month after the end of the quarter.
2. Annual performance reports by the 15th day of the month after the end of the financial year.
3. An end of assignment report within two weeks after completion of the activities in the workplan,
or completion of the contract, whichever comes first.
Requirements
i) Education
1. Must have a masters degree in Finance, Economics, Statistics or related discipline from a
recognized university.
2. Professional qualifications/certifications (CFA, ACCA, or equivalent) is an added advantage.
ii) Experience
1. Minimum of ten (10) years of relevant professional experience in investment specialist,
corporate finance, investment finance, infrastructure financing, financial advisory, transaction
advisory, or Public-Private Partnership (PPP) transactions.
2. Demonstrated experience in developing and reviewing complex financial models, including the
integrated Cost Benefit Analysis and demonstrated use of, Financial/Economic Internal Rate
of Return (F/EIRR), Net Present Value (F/ENPV), Payback (PBP) period to assess the
investment bankability.
3. Experience in structuring and advising on infrastructure or investment transactions, including
PPPs, blended financing arrangements, donor-funded investment s, or large-scale investments.
4. A strong track record of supporting Ministries, Government Agencies, Development Finance
Institutions, or Private Sector clients in Africa or comparable markets.
iii) Competence
1. Good Communication Skills (Spoken and written), Including the Ability to Communicate
Effectively with Diverse Audiences, Good Negotiation Skills and To Prepare a variety of
Written Documents, Reports, Etc. In A Clear, Concise Style.
2. Excellent use of MS. Office e.g. Advanced excel, MS. Project and or Prince I & II
3. Able to work under minimum supervision and strict timelines.
Contract Duration
The assignment is for a period of one (1) year and may be renewed up to three years based on need
and satisfactory performance.
Applications must include a cover letter, CV, copy of certificates and testimonials and be addressed as below and submitted online to reap@finance.go.ug by 1700hrs on Friday 19th June 2026
Undersecretary/Accounting Officer
Ministry of finance, planning and economic development
plot 2-8 Apollo Kaggwa road
P.O.Box 814
Kampala
Attention: The coordinator/REAP
Tel: +256 41 4707900
