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Tender Details
- Country: Ethiopia
- Summary: Consultant for a Consultancy Services of a Financial Management Consultant under Building Institutions and Systems to Harness and Realize Agenda
- ETT Ref No: 96233993
- Deadline: 08 Feb 2024
- Competition: ICB
- Financier: World Bank (WB)
- Purchaser Ownership: Public
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.: ET-AUC-392401-CS-INDV
- Purchaser's Detail :
- Description :
- Expression of Interest are invited for Consultant for a Consultancy Services of a Financial Management Consultant under Building Institutions and Systems to Harness and Realize Agenda (Biashara) 2063. Scope of the Assignment Within delegated authority, the Financial Management Consultant will be responsible for the following duties: 1. Ensuring the availability of resources (inputs) including: ▪ Grant Agreements, Financial Rules and Regulations, Financial Management Manual and relevant project documents; 2. Recording and reporting functions including ▪ Maintain an up-to-date and reliable financial management system ▪ Verify accuracy of data posted in the system frequently ▪ Compile Annual Work Program and budget documents; ▪ Compile monthly, quarterly, semi-annual and annual budgets and cash flows; ▪ Pass budget information, containing budget/account codes with corresponding amounts and break down for each month, at the start of the fiscal period to the implementation of the budget; ▪ Monitor budget performance; ▪ Monitor the performance of fund flow mechanisms of the Project and ensure that the required funds are received from AUC: ▪ Maintain opening balances of the project accounts in the new fiscal year; ▪ Ensure compliance of budgetary and internal control procedures; ▪ Preparation of quarterly financial reports and year end financial statements accurately and timely for submission to the AUC Directorate of Finance/External Resources Management division. ▪ : ▪ Ensure that payments are made as per the budget allocated for each project and expenditure category; ▪ Prepare explanations for major budget variances; ▪ Prepare monthly, quarterly, semi-annual and annual reports including budget and actual comparison reports; and ▪ Prepare the required financial statements and supporting schedules and make available documents and financial information to internal and external auditors. ▪ Properly file all financial documents for easy access. 3. Fund flows: Ensure adequate fund flows from the donor to the Projects ▪ Understand and implement World Bank disbursement procedures for the Project; ▪ ▪ Review project specific bank accounts and ensure that Bank reconciliations are done on time for all accounts; ▪ Review World Bank disbursement database “client connection” for the project-s disbursement activities; ▪ Ensure the preparation of acceptable IFRs for disbursement purposes and address queries and questions that may be raised in these reports; 4. Conducting monthly routines including: ▪ Ensuring monthly bank statements are received and reconciliations are prepared immediately; ▪ Reconciling of advances and prepayments; ▪ Preparing monthly reports; ▪ Making sure that all fixed assets acquired by the project funds are kept safe and are provided with identification number and recorded in a fixed asset register. 5. Planning and budgeting including: ▪ Ensuring that every payment is supported by budget and that there is no overspending; ▪ Producing monthly budget utilization report; ▪ analyzing commitments payable and receivables at the end of the fiscal year; and ▪ Outstanding audit issues (as per audit findings) and recommendations are well taken and the appropriate corrective actions are taken on time. 6. Facilitation and dissemination of financial management information including: ▪ Facilitating the completion of annual audit of the project at AfCFTA ▪ Assisting the various teams seeking information including Internal and External Auditors, Bank-s implementation support missions. 7. Networking (Having a strong working relationship) including: ▪ Following-up on fund arrival and availability, collecting advice and bank statements; ▪ Working with other finance and program officers of the organization as a team. ▪ Reading and keeping full understanding of AUC applicable rules and regulations, WB Project Implementation Manual and Financial Management Manual. ▪ Closely working with AUC-s Directorate of Finance and the External Resources Further information can be obtained at the address below during office hours 8:00-13:00hrs and 14:00-17:00 hours, Addis Ababa Time. CVs must be delivered in a written form following the above criteria to the emails below before 15:00 Hours Local Time on 8th February 2023.
- Documents :
Purchaser : AFRICAN UNION COMMISSION
Head of Procurement Travel and Store Division Building C, Room 327
P.O.Box 3243, Roosevelt Street Addis Ababa,
Tel: +251-115517700 - Ext 4371
Fax: +251-115510442/11-551-0430
Email :tender@africa-union.org
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