Consulting Individuals
Source: World Bank — Ethiopia Competitiveness and Job Creation Project
REQUEST FOR EXPRESSION OF INTEREST- CONSULTING INDIVIDUALS
FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA INDUSTRIAL PARKS DEVELOPMENT CORPORATION
Competitiveness & Job Creation Project (CJCP)
PROJECT ID: P143302 Credit No: IDA 54510-ET, Procurement Package Ref No.: CJC/C-06/08
The Federal DemocraticRepublic of Ethiopia has received financing from the International Development Association (IDA) the World Bank towards thecost of implementation of the Competitiveness & Job Creation Project. The Industrial Parks Development Corporation (IPDC), an implementing agency, intends to apply a portion of the proceeds of this Credit to eligible payments under the contract for the engagement of a Corporate Finance Consultant for the Consultancy Service of "to develop a strategic financial model for IPDC that would ensure the financial sustainability, viability and well-being of the IPDC as a business entity by developing appropriate financial planning models and tools, develop financial projections and identify strategic investments and revenue streams for the IPDC; preparing growth plans; and providing guidance and directions for IPDC management on corporate financial management and decisions to ensure the efficiency of the finance operations of the IPDC".
The Corporate Finance Consulting Services ("the Services") include, but are not limited to the following Consulting Services:
(i) Conduct financial StrategicPlanning including revenue and investment strategies and develop financial models and appropriate financial planning tools,
(ii) Conduct gap analysis on the entity's finance department in regards to strategic financial management and devise capacity building measures to address these gaps in a short to long term basis;
(iii) Assist in the development of the budget for IPDC and its project Offices in full compliance with IPDC rules, regulations, directives and procedures and provide advice and guidance to ensure the proper implementation of strategic plan and functioning of aclient oriented corporate finance management system;
(iv) Develops corporation prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects; analyzing corporation operations; identifying opportunities for improvement, cost reduction, and systems enhancement; and
(v) Establishes finance operational strategies by evaluating trends; reviewing IPDC financial manuals, establishing critical measurements; quality, and customer-service strategies; designing systems; resolving problems; implementing changes.
The Industrial Parks Development Corporation now invites qualified and experienced Consulting Individuals that are eligible to participate in World Bank funded projects, to indicate their interest in providing the Consultancy Service of "to develop a strategic financial model for IPDC that would ensure the financial sustainability, viability and well-being of the IPDC as a business entity by developing appropriate financial planning models and tools, develop financial projections and identify strategic investments and revenue streams for the IPDC; preparing growth plans; and providing guidance and directions for IPDC management on corporate financial management and decisions to ensure the efficiency of the finance operations of the IPDC". Interested Consulting Individuals must provide information indicating that they are qualified and experienced to perform the service as per the minimum qualification criteria listed below (i.e. documentary evidence of academic background, evidence of experience on similar assignments and knowledge, etc).
1) MBA/MSC,CPA/ACCA or equivalent of an advanced degree with a major in a relevant discipline (e.g. corporate Finance, Investment Banking, etc) and Professional Competence Certificate from recognized Institute in Accounting and finance
2) A minimum of 12 years direct and relevant experience in the investment Banking industry and/or corporate planning and demonstrated knowledge of corporate finance systems, experience in handling of corporate finance based financial systems;
3) State-of-the-art knowledge of the concepts, principles andpractices which govern international corporate finance and knowledge of corporate finance and financial rules and Regulations;
4) Demonstrated skill in computer application and use of software programs is an essential requirement and proven analytical and evaluative skills on corporate finance issues and problems; and
5) Strong communication skills and persuasiveness in presenting, negotiating and resolving highly complex issues, both orally and in writing in English and strong interpersonal skills and orientation as a team member; and ability to deal sensitively and build effective working relations with clients and colleague
The attention of the Consultants is drawn to paragraph 1.9 of the World Bank's Guidelines: Selection and Employment of Consultants [under IBRD Loans and IDA Credits & Grants] by World BankBorrowers, January, 2011("Consultant Guidelines"), setting forth the World Bank's policy on conflict of interest. The selection of Individual Consultant will be conducted in accordance with the method set out in the World Bank's Consultant Guidelines: Selection and Employment of Consultants under IBRD Loans and IDA Credits & Grants by World Bank Borrowers, January 2011.
The Consultant may obtain further information at the address provided below during working days and hours, Monday through Friday from 9:00 AM 12:00 AM and 2:00 PM 5:00 P.M. Local Time. Expression of Interest along with Documentary Evidences can be sent through the e-mail: tamtye6@yahoo.com with a copy to e-mail: shibit2005@yahoo.com or can be delivered to the address below marked "Expression of Interest for the Consultancy Service of Corporate Finance Consultant, Procurement Package Reference No.: CJC/C-06/08" on or before 21 December 2015 up to 5:00 P.M.
Industrial Parks Development Corporation, Competitiveness and Job Creation Project Coordination Office, 3rd Floor, Room No 307, Yeka Sub City, Comoros Street,Bishan Gari Building, opposite Kenya Embassy, Addis Ababa, ETHIOPIA.
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