Financial Management Consultant Roster

Location:
Rome, Italy
Industry Sector:
International Public Sector
Type of contract:
Contract
Salary:
Competitive

Financial Management Consultant Roster

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Key results expected / Major functional activities

In accordance with IFAD’s risk-based approach for design and supervision activities the Financial Management Consultant will use IFAD’s FM Assessment Questionnaire as the basis to collect relevant information concerning the strengths and weaknesses of financial management systems, internal controls and financial reporting systems relating to financial management and financial administration of project funds. This will include monitoring compliance with IFAD’s fiduciary requirements, assessing the adequacy of national FM systems and assessing projects’ financial progress. On the basis of the findings the consultant will make appropriate recommendations.

The consultant may at times be called upon to perform implementation support activities including capacity building. Other assignments could involve follow-up of specific FM tasks and establishing the implementation status of prior recommendations at national, regional and/or local level.

Impact of Key results / Key performance indicators

The key performance indicators for Finance Specialists at this level include accurate performance of assigned finance operations, technical quality in terms of both substantive depth and adaptive relevance to client needs and customer service approach to problem resolution.

Representation / Work relationships

The FM consultant may represent the FMD at the project level and work relationships normally require an exchange of information with a range of outside sources including staff from governments, specialized agencies acting as CO host agencies, Borrowers, Recipients, Cooperating institutions and other IFIs.

Competencies

Organizational

  • Demonstrating Leadership: Personal leadership and attitude to change
  • Learning, sharing knowledge and innovating: Continuously seeks to learn, shares knowledge and innovates
  • Focusing on clients: Focuses on clients
  • Problem solving and decision making: Demonstrates sound problem solving and decision making ability
  • Managing time, resources and information: Manages own time, information and resources effectively
  • Team Work: Contributes effectively to the team
  • Communicating and negotiating: Communicates effectively: creates understanding between self and others
  • Building relationships and partnerships: Builds and maintains effective working relationships

Technical/Functional

  • In-depth knowledge of the principles and concepts of financial operations including sound understanding of project financial management such as financial reporting standards.
  • Capacity to identify and analyze systemic issues, formulate options and make conclusions and recommendations to resolve same.
  • Analytical and organizational skills.
  • Demonstrated ability to communicate effectively in a diverse organization tailoring language, tone, style and format to match audience; ability to present corrective feedback in a considered and tactful manner to promote acceptance.
  • Good knowledge of information technology systems and tools. Exposure to accounting software.
  • Ability to empathize with clients and stakeholders while maintaining the integrity of financial resources, implementing internal controls and ensuring consistent and accountable application of promulgated financial regulations and rules.

Minimum recruitment qualifications

For FM Specialist Consultants:

  • Academic/Professional qualification – Advanced degree in Accounting / Finance or a professional qualification in accounting (issued by a member of the International Federation of Accounts such as CPA, CA, ACCA) in addition to a Bachelor’s degree.
  • Professional accounting qualifications will be considered an advantage.
  • Relevant professional experience of minimum four years will be required. Professional experience in areas with direct exposure to international standards in financial management (including accounting and audit), financial accounting and financial controls in international organizations or donor financed development projects will be considered relevant.
  • Knowledge of or experience in project financial management will be an asset.
  • Language proficiency: Fluency in Arabic, English, French or Spanish language will be required.
  • Working knowledge of spoken and written English is an advantage.
  • Knowledge of additional languages in the countries of hire will be considered

For Financial Implementation Support Consultants:

  • Academic/Professional qualification – A Bachelor’s degree in Accounting , Finance or other relevant field. Educational background or track leading to a professional accounting qualification will be considered an advantage.
  • Relevant professional experience of minimum two years will be required. Professional experience in areas that demonstrate a mature level of responsibility or authority.
  • Some knowledge of or experience in project financial management will be an asset.
  • Language proficiency: Fluency in Arabic, English, French or Spanish language will be required.
  • Working knowledge of spoken and written English is an advantage.
  • Knowledge of additional languages in the countries of hire will be considered.

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