Financial and Budgetary Expert

The Financial and Budgetary Expert will support the institutional reform of the Civil Aviation Committee (CAC) of Armenia by providing technical assistance in financial management, sustainable funding mechanisms, and cost-recovery models aligned with ICAO standards. The expert will contribute to the transformation of CAC into an autonomous, financially sustainable authority capable of fulfilling its safety oversight mandate.

Responsibilities

• Conduct a comprehensive assessment of the CAC's and AASIID’s current budget model, funding sources, cost structure, fee schedules, and financial management systems.
• Design sustainable funding mechanisms for the autonomous CAC and AASIID, including cost-recovery mechanisms and revenue diversification options.
• Benchmark proposed funding mechanisms against best practices and ICAO guidance.
• Assess transition financial requirements including budget transfer arrangements and start-up cost estimates.
• Develop multi-year financial projections and business cases covering operating costs, staffing, infrastructure, and fee income.
• Propose governance mechanisms for financial management, including accounting systems, financial reporting standards, internal controls, and accountability frameworks.
• Draft financial management framework documentation and financial components of transition plans.
• Contribute to review and harmonization of sections developed by other team members.
• Prepare meetings, field visits, and reports including stakeholder consultations and questionnaires.
• Participate in coordination meetings with ICAO and national project coordinators.
• Ensure incorporation of ICAO safety, security, and sustainability considerations in deliverables.
• Develop detailed work plans with delivery dates and responsibilities.
• Contribute to monthly project monitoring reports and final deliverables integration.
• Prepare presentations for project progress briefings to stakeholders.
• Perform other related duties as assigned.

Requirements

• University degree in Finance, Economics, Public Administration, or Business Administration.
• Specialized education in public finance, financial management, or regulatory economics (Master's degree or equivalent) is desirable.
• Minimum 10 years of professional experience in financial management, public budgeting, or financial reform, preferably in regulatory or public-sector contexts.
• Demonstrated experience designing cost-recovery or fee-for-service financing models for public, quasi-public, or regulatory bodies.
• Experience with financial management and financing models of civil aviation authorities or comparable safety and economic regulators.
• Knowledge of ICAO guidance on civil aviation authority financing and cost-recovery, including Doc 9562 (Airport Economics Manual) and related materials.
• Experience working in transition, developing, or CIS-region economies is desirable.
• Strong command of written and spoken English.
• Knowledge of Russian or Armenian is a significant asset.

Skills

• Finance Management
• National Budgeting
• Financial Reform
• Cost-Recovery Models
• Fee-for-Service Financing
• Civil Aviation Authority Financing
• Regulatory Economics
• ICAO Guidance
• Airport Economics
• Financial Modeling
• Public Finance
• Economic Regulation
• Technical Assistance in Finance
• Sustainable Funding Mechanisms
• Financial Sustainability
• Safety Oversight Financing

Languages

English