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Tender Details
- Country: Ethiopia
- Summary: Services- Financial Management Specialist
- ETT Ref No: 88358656
- Deadline: 12 Sep 2023
- Competition: ICB
- Financier: World Bank (WB)
- Purchaser Ownership: Public
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.:
- Purchaser's Detail :
- Description :
- Tenders are invited for Services- Financial Management Specialist Project Development Objective The regional project will enhance and financial inclusion and value addition of pastoral economies in the HOA, with key results: Increase in the number of pastoral production groups having access to financial services, and Trade Facilitation de-risking and capacity building (access to markets, skills, technology), disaggregated by gender, Increase in the production and trade value of selected pastoral production groups, Number of regional trade facilitation activities successfully implemented, Every $1 of public sector investment through IDA mobilizes at least $2 of private capital. To manage the finance of the project in accordance with the financial regulations of the Government of Ethiopia and in line with WBG policies and guidelines, as well as to provide all the necessary support to finance staff at the Ministry of Science and Technology on the project financing, hiring of Financial Management Specialist becomes unequivocal. The appointment of the specialist will assist in the smooth start-up and increase the speed of the project implementation at the ministry. The Financial Management Specialist will report to the project coordinator and will have the following major duties and responsibilities. Prepare or support in the preparation of the project annual budgets as part of the annual work plan and budget preparation and revisions thereof, Establish budget monitoring and control system and ensure that payments are made for planned activities for which budgets exist, Follow up to ensure that actual expenditures are in line with budgets and analyze and provide explanation to users on any variances thereof, Ensuring that all payments for the project are made and recorded in accordance with the approved budgeted/planned amounts as approved and complies with IDA Financial Management Manual, the Financing Agreement and other laid down accounting procedures and operational guidelines; Ensure that internal control procedures are in place and are adhered to; Ensuring that all the payment vouchers are adequately supported with appropriate source documentation, duly authorized for payment, and properly filed to facilitate easy retrieval and referencing; Ensuring that approved bank accounts are maintained at adequate levels to enable scheduled payments to be made without delay, undertaking timely cash flow projections, and observing good treasury and cash management practices, Developing or updating the Financial Management Manual of the project, Maintaining and updating all required financial records, including cashbooks, ledgers, commitment registers, and contract registers; Preparing monthly reconciliation statements for all bank accounts, (viii) Preparing timely withdrawal applications for replenishments to the designated accounts (DAs) as well as effecting direct payments to suppliers and/or contractors, in accordance with the laid down procedure guidelines; Preparing a monthly reconciliation statement to the IDA disbursements records; Prepare monthly, quarterly & annual financial statements as appropriate as well as any other financial status reports required by Stakeholders, Submit Interim financial reports quarterly to the World Bank in line with reporting requirements of the World Bank Comminuting with consultants and suppliers on issues concerning payments, disputes, and account settlements; Overseeing the enhancement and development of proper record management - record keeping and filing systems; Maintaining accurate recording of all the project fixed assets in the Fixed Asset register and subsequently carrying out timely updates, reconciliation, and verification of such assets acquired for the Project; Ensuring that all the project fixed assets are correctly identified and physical verifications carried out on a regular basis to ascertain existence and condition(s) and that all fixed assets are adequately insured; Supporting Internal audit of the project by the Ministry's internal audit and ensuring that findings relating to the project are addressed on time; Led, facilitate, and supported the External Audit of the project's Annual Financial Statement by preparing the necessary reports from the project accounting system and other records, in accordance with the prescribed standards; Undertaking the training of key staff of implementing agencies in the use and interpretation of the financial information and the need to adhere to internal control procedures and guidelines to enhance the financial discipline in their respective operational units, Ensuring that accounting policies, procedure guidelines, and ethical business practices are adhered to at all times in the conduct of business at all levels of implementing agencies, Actively participating in the continuous development of financial management and accounting systems to meet the ever-changing demands of Information, communication, and technology, Performing any other related tasks as may be deemed necessary and assigned by NPC from time to time. Bid closing date: September 12, 2023. Bid opening date: No Specific Opening Date and Time Region: Addis Ababa
- Documents :
Purchaser : MINISTRY OF TRADE AND REGIONAL INTEGRATION
DRIVE Project, Bole Sub City, around Century Mall, Ground Floor: Room number: C-4 Postal address: 704,
Tel: +251-911870477
Email :motrijob@motri.gov.et
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