Financial Advisor

Source: World Bank — Ethiopia Digital ID for Inclusion and Services Project

Expression of Interest (EOI)

(CONSULTING SERVICES – INDIVIDUAL CONSULTANT)

Financial Advisor to Support the Digital ID Program.

The Federal Democratic Republic of Ethiopia,

Digital ID Project

Position:                     Financial Advisor

Ref. No:                      ET-NIDP-436726-CS-INDV

Organization:                        NIDP

Project:                      Ethiopia Digital ID Project

Location:                    Addis Ababa

Duration:                   12 months, with a possible extension

Salary:                        Attractive/Negotiable

Expected Start Date: September 2024

1. Background

In Dec 2023, the Government of Ethiopia and the World Bank Group signed the financial agreement for the Ethiopia Digital ID Project. Digital ID is a USD 350 million, five-year initiative (2023-2029). The Ethiopia Digital ID for Inclusion and Services Project (P179040) will support the Government of Ethiopia (GoE) to roll out Fayda, an inclusive and trusted digital foundational ID system and other digital public infrastructure. The Project will improve access to and delivery of public and private sector services and economic opportunities, especially for the most vulnerable, and to boost national resilience.

2. Context and objectives

The objective of this assignment is to support the PMU with the proper financial advisor issues for all activities under its scope of the Digital ID Program and Digital ID Project.

3. Scope of Services, Tasks, and Expected Deliverables

The Advisor will be expected to produce the following deliverables, among others include but are not limited to the following components:

• • Ensure the application of proper accounting internal control systems and processes to facilitate financial monitoring and control in line with the Government guidelines and the World Bank financial reporting and auditing of projects;
  • Assist in the preparation of operating budgets;
  • Ensure that all supporting documents in respect of financial transactions are adequately authorized and has correct information;
  • Ensure overall preparation of project accounting ledgers and project accounts in accordance with national and international best practices and standards;
  • Ensure that books of accounts are maintained, maintain up to date and documented accounting system and policies and procedures;
  • Ensure internal control arrangements are maintained consistently throughout the life of the program/project including proper controls with regard to approval and authorization,
  • Review financial performance of the program/project and report on key issues to the respective management body,
  • Review administrative bottlenecks and recommend changes to improve efficiency. Create additional analyses and reports as requested by management
  • Ensures proper filing for all financial documents,
  • Assist with audit preparation, and preparation of funder reports,
  • Carries out any other tasks required by NIDP Management

4. Required Qualifications 

The qualification and experience required for applicant who would like to apply for the service should possess the following minimum criteria:

• The candidate should have Master’s degree in finance or accounting, and related fields,
• Minimum of 6+ years of progressively responsible experience for a major Company, Government or non-government institution,
• Knowledge on the Government financial procedures including the accounting systems like IFMIS, Clients Connection of the World Bank, etc.
• Prior experience in implementing World Bank funded project/programs,
• Preference will be given to candidates with the Chartered Certified Public Accountant or Certified Management Accountant designations,
• Excellent communication skills are essential, particularly in regard to presenting results of analyses to management,
• Fluency in English and Amharic languages
• The candidate must have the highest levels of personal integrity, and a reputation for a transparent and systematic work style; and
• The candidate must be able to work under pressure situations, in order to meet demanding deadlines.

5. Duration of Services

The consultant will be hired full time initially for the contract period of twelve (12) months with possibility of extension based on performance and availability budget.

6. Remuneration

Attractive/Negotiable, and based on the new directive of the Government.

7. Reporting:

The individual consultant will be directly reporting to the NIDP Executive Director and working closely with the PMU Coordinator at National ID Program.

8. Selection Method

The National ID Program now invites eligible individuals to indicate their interest in providing the Services. Interested individuals should send expressions of interest, together with information demonstrating that they have the required qualification and relevant experience to perform the service (description of similar assignments, experience in similar conditions, qualifications, and so forth) by providing CVs, formal application letter and all supporting documents.

The attention of interested individual is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” July 2016 (“Procurement Regulations” ) revised November 2017 and August 2018 , setting forth the World Bank’s policy on conflict of interest

The Individual Consultant will be selected in accordance with the Selection of Individual Consultant Section VII paragraphs, 7.34 to 7.37,  set out in the Procurement Regulations.

Further information can be obtained, by email at the address below during office hours from 8:30 AM to 5:30 PM Addis Ababa time.

Applicants should send expressions of interest, together with information demonstrating that they have the required qualification and relevant experience to perform the service (description of similar assignments, experience in similar conditions, qualifications, and so forth) by providing CVs, formal application letter and all supporting documents to the address below in person, or by mail, on or before Aug 05, 2024, but preferably by e-mail to be specified in the official announcement.

Federal Democratic Republic of Ethiopia,

National ID Program (NIDP)- Digital ID for Inclusion and Services Project

Attn: Project Management Unit (PMU)

Address: Welosefer Bole, Ethio-China St, Addis Ababa, Ethiopia, INSA Building, 15th Floor

Tele- +251 911 791462    E-mail: mesfin@id.gov.et

Addis Ababa, Ethiopia