Project Finance Analyst Job Vacancy in Wolaita Sodo, Ethiopia – Energy & Utilities – Renewable Energy Finance

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Job Description

Position:Project Finance Analyst

Company:African Development Bank

Location:Wolaita Sodo, Ethiopia

Experience:3-5 years in project finance, renewable energy focus

Education:Bachelor’s degree in Finance/Economics; Master’s preferred

Employment Type:Full-time

Industry:Energy & Utilities – Renewable Energy Finance

Department:Finance

Salary:SSP 250,000 – 350,000 per annum

Vacancies:1

Company Overview

The African Development Bank (AfDB) is a leading multilateral development finance institution dedicated to fostering sustainable economic growth and social progress across the African continent. With a strong regional presence and a dedicated Ethiopia office, AfDB supports transformative projects that drive inclusive development, climate resilience, and private sector growth. In Ethiopia, the Bank collaborates closely with government agencies, private investors, and international partners to mobilize capital for critical sectors such as renewable energy, infrastructure, and agribusiness. By leveraging its extensive network and financial expertise, AfDB plays a pivotal role in creating high‑impact opportunities for professionals seeking Ethiopia Jobs that contribute to the continent’s development agenda.

Job Overview

The Project Finance Analyst will join the Renewable Energy Finance team in Wolaita Sodo, supporting the structuring, evaluation, and execution of financing solutions for solar, wind, and hydro projects across Ethiopia. This role is central to the Bank’s mission of expanding clean energy access, reducing carbon emissions, and stimulating economic growth in underserved regions. The analyst will work closely with project sponsors, government bodies, and technical advisors to develop robust financial models, conduct risk assessments, and prepare investment memoranda. Candidates will have the opportunity to engage with a dynamic portfolio of projects, contribute to strategic decision‑making, and enhance their expertise in renewable energy finance. For more information about AfDB’s initiatives, visit https://ethiopiajobssearch.com.

Key Responsibilities

  • Develop and maintain detailed financial models for renewable energy projects, incorporating capital structure, cash flow forecasts, and sensitivity analyses.
  • Conduct comprehensive due diligence, including market analysis, regulatory review, and technical feasibility assessments.
  • Prepare investment memoranda, term sheets, and presentation materials for senior management and external stakeholders.
  • Collaborate with legal, environmental, and engineering teams to ensure compliance with AfDB policies and Ethiopian regulations.
  • Assist in negotiating financing terms with lenders, equity partners, and government agencies.
  • Monitor project performance post‑disbursement, tracking key financial indicators and reporting on covenant compliance.
  • Support the preparation of internal risk assessments and contribute to the Bank’s risk mitigation strategies.
  • Stay abreast of market trends, policy developments, and emerging technologies in the renewable energy sector.

Required Skills

  • Strong analytical and quantitative skills with proficiency in Excel, VBA, and financial modeling software.
  • Excellent written and verbal communication abilities, capable of presenting complex financial concepts to diverse audiences.
  • Knowledge of renewable energy technologies, market dynamics, and regulatory frameworks in Ethiopia.
  • Ability to work independently and as part of multidisciplinary teams under tight deadlines.
  • Attention to detail, high level of accuracy, and strong organizational skills.
  • Proficiency in English; knowledge of Amharic or local languages is an advantage.

Education

A minimum of a Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Candidates holding a Master’s degree in Finance, Renewable Energy, or Sustainable Development will be given preference, reflecting the Bank’s commitment to advanced expertise in the sector.

Experience

Applicants should possess three to five years of professional experience in project finance, investment banking, or corporate finance, with a demonstrated focus on renewable energy or infrastructure projects. Experience working with multilateral development institutions, international donors, or large‑scale financing transactions in Ethiopia or the broader East African region is highly desirable.

Salary

The position offers a competitive salary range of SSP 250,000 to 350,000 per annum, aligned with market benchmarks for finance professionals in Ethiopia. Compensation is complemented by performance‑based incentives, health benefits, and pension contributions.

Benefits

  • Comprehensive health insurance covering medical, dental, and vision care.
  • Retirement savings plan with employer matching contributions.
  • Annual leave and public holidays in accordance with Ethiopian labor law.
  • Professional development allowance for certifications and training.
  • Relocation assistance for candidates moving to Wolaita Sodo.

Training

  • On‑the‑job mentorship from senior finance professionals within AfDB.
  • Access to AfDB’s internal learning platform featuring courses on project finance, renewable energy markets, and risk management.
  • Opportunities to attend regional conferences, workshops, and seminars on sustainable finance.

Working Environment

The role is based in a modern office in Wolaita Sodo, offering a collaborative atmosphere that encourages innovation and knowledge sharing. Employees benefit from flexible working arrangements, a supportive multicultural team, and a culture that values diversity, integrity, and impact. The Bank’s commitment to gender equality and inclusive hiring practices ensures a respectful and empowering workplace for all staff.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the AfDB online recruitment portal. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews. For additional guidance on the application steps, please visit https://www.eritreajobsearch.com/.

Equal Opportunity Statement

African Development Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. This posting reflects our dedication to hiring in Ethiopia and supporting Career Opportunities in Ethiopia for talented professionals.