Director, Social Window/ Administration & Finance(SAARC Development Fund- Bhutan

Applications for the following positions are invited from the nationals of SAARC member states

 (Afghanistan˒ Bangladesh˒ Bhutan˒ India˒ Maldives˒ Nepal˒ Pakistan & Sri Lanka) for appointment at the SAARC Development fund˒ Bhutan.Job Type                   : Professional/Regional Recruits

Agency                      : SAARC Development Fund Secretariat, Thimphu, Bhutan

Term of Service        : For three years

1.   For Professional Staff : The tenure of the professional staff may be extended, in exceptional circumstances, for a maximum period not exceeding one more full term, upon the recommendation of the CEO and the approval of the Board of Directors.

2.   For  General  Service  Staff  (GSS  –I)  :  Extendable  every  3 years based upon satisfactory performance at discretion of CEO.

Place of posting       : Thimphu, Bhutan.

The SAARC Development Fund (SDF) Secretariat was inaugurated during the 16th SAARC   Summit   in   Thimphu,   2010.   The   SDF   Secretariat   has   the   following professional category vacancies for a three (3) years term.

(a) Job responsibilities & Key Result Areas

             Project Initiation, hunting & conception, planning, scrutinizing, production projects  under  Social  Window  from  all  SAARC  Member  States  based  on sound  analysis  with  emphasis  on  periodic  Monitoring  and  Evaluation. Projects must lead to regional integration and fulfillment of the SDF Charter.

             Identification of bankable projects and funding of projects under co-financing system.

             Financial management of SDF Secretariat and SDF funded projects in SAARC Member States.

    Responsible  for  fund  mobilization  for  projects  to  be  funded  under  Social


    Implementation of ERP and e-governance system.

    Effective Portfolio management including crafting strategies and action plan

for investment in SAARC Member States.

             Liaison   &   coordination   with   target   institutions   and   stakeholders   in consultation with CEO.

             Project execution, documentation, work breakdown structure, monitoring and controlling and project control systems.

    Project   e-management   systems,   portfolio   management,   virtual   Project

Management/Development and closing procedures.

             Project reporting structures and mechanism i.e. weekly, monthly, biannually and annually.

    Provide  inputs  and  recommendations  to  the  Chief  Executive  Officer  on

project selection based on social, technical, financial and managerial aspects of the proposed project.

    Institute best practices and approach using international ISO standards for

Social Window projects.

             Lead Administration and Finance functions of the SDF by providing strategic initiatives and putting in systems and procedures as per global best practices

             Act as the Chief Drawing Officer (when instructed by CEO) for the purpose of management and disbursal of Fund monies in accordance with SDF Bye-Laws and its Rules and Regulations,

    Ensure that the fund operates under sound banking principles

    Effective implementation of M&E System for SDF funded projects

    Ensure   that   the   funds   accounts   are   maintained   in   accordance   with

International Accounting standards and

             Lead  his team and  inculcate  a  culture  based on professionalism, fairness, efficiency and accountability.

    Effective and sound systems for administration, HR and HRD

S/he shall report to the CEO and carry out any other responsibilities assigned by the


(b) Qualification, Skills and experience required: Interested candidates must

             Possess            a            post            graduate           degree            in            Project Management/Development//Finance/Business  Administration/Social  field from an institution of international repute/recognition (higher professional degree would be an added advantage)

             have a minimum of 15 years of relevant experience in project management, development, implementation and monitoring/evaluation of social/economic and infrastructure projects in SAARC Countries,

             Have  exposure  of  working  in  reputed  national,  regional  &  international institutions; be well versed with all aspects of project management, social project financing & documentation.

             Have  excellent  understanding  of  the  developmental  needs  of  the  SAARC region and be up to date with latest developments in the social and financial sector.

             Preference will be given to those with experience in development activities at the  field  level  combined  with  certain  number  of  years  in  a  financial institution.

    He/she should be between 40-50 years of age, and be a bona fide citizen of a

SAARC Member State i.e. Afghanistan, Bangladesh, Bhutan, India, Nepal, Maldives, Pakistan, and Sri Lanka.

(c) Remuneration:

    net (tax free) monthly salary of US$ 4,265 per month.

    unfurnished accommodation upto a maximum limit of US$ 700 per month.

    telephone allowance of USD 50 per month.

    education allowance for two children up to class 12 or equivalent

    Medical reimbursements for self and family

    One time furnishing/ settlement allowance of US$ 3,000,

             Home leave passage for self & family once in 18 months and other admissible joining expenses reimbursements.

    Duty free purchase/import privileges in Bhutan.

The terms of Reference (ToRs) and prescribed application from for above mentioned positions are available on SDF website from˒ CV˒ copies of educational  certificates and experience letters should be sent by email to and latest by September 30˒ 2016.