Financial Management Specialist (Pacific Strengthening Correspondent Banking Relationships Project)

Request For Expressions Of Interest

(INDIVIDUAL CONSULTING SERVICES)

Financial Management Specialist

1. The Pacific Island Forum Secretariat (PIFS) and seven pacific island member countries (Fiji, Kiribati, Marshall Islands, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu) have received financing (grants and credits) from the World Bank (WB) Group’s International Development Association (IDA) towards the “Pacific Strengthening Correspondent Banking Relationships Project” (the Project) and will apply part of these proceeds to the contract below for Consulting Services. The PIFs will act as the Implementing Agency for the regional project.
2. The Consulting Services (“the Services”) require a Financial Management Specialist to be based in the Project Management Unit (PMU), to implement and manage the full range of financial management activities of the project, during the project cycle from effectiveness through implementation to completion. The assignment will comprise, amongst others 1) Establishment of a stand-alone financial management system including a project specific chart of accounts for the project or develop a link to the accounting system of the PIFS to utilize that system for project accounts, 2). Preparation of and oversight of all Applications for Withdrawal of funds, for completeness, accuracy and correctness prior to submitting for signature and dispatch, 3) preparation of project’s Annual Budget and implements Budgetary Control and 4) reporting obligations as further explained in the Terms of reference. The services will be required (initially for three (3) years with a possibility of a further three-year extension based upon satisfactory performance and project needs. The consultant will be based at the PIFS Suva Office in Fiji.
3. PIFS seeks an experienced individual with the following qualifications: a) A bachelor’s degree in finance, business administration or in a related field and from a recognised university, agreed by the Selection Panel. b) Professional qualifications Chartered Institute of Management FMSs (CIMA), Association of Chartered Certified FMSs (ACCA) or a recognised professional accountancy or an equivalent qualification (or near completion). c) A minimum of 8 years of relevant work experience in international development, financial sector, banking, including previous experience working with projects funded by multilateral development banks and d)Familiarity with public sector procedures and processes in particular budget processes and demonstrated ability to work with a range of agencies at national and sub-national, levels.
4. PIFS, on behalf of the nominated member countries, now invites eligible individuals (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services (attach curriculum vitae and a cover letter with description of experience in similar assignments, similar conditions, etc.).
5. Firms’ staff may express interest through the employing firm for the assignment and, under such situation, only the experience and qualifications of individuals shall be considered in the selection process.
6. The attention of interested Consultants (including firms) is drawn to paragraph 3.14, 3.16 and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers, dated September 2023 (“the Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the individual consultant selection method set out in the World Bank Consultant Guidelines, Pacific Focus September 2023.
7. The detailed Terms of Reference (TOR) for the assignment is attached below and provides details of the scope of the services required along with specific deliverables expected. Further information can be obtained at the address below during office hours [insert office hours if applicable, i.e., 0900 to 1700 hours]. The TOR can also be found at tenders.net/forumsec
8. Expressions of interest must be delivered in a written form to the address below (in person, or by mail, or by e-mail) no later than 17:00 hours (Fiji Time) on Monday 25^th November 2024
9. Address for Enquiries and Submission of EOIs

Pacific Islands Forum Secretariat

Attn: Rodney Kirarock, Program Officer/Timaima Qeranatabua, Procurement Officer

Private Mail Bag, Suva

PO Box 856, Suva, Fiji.

Tel: 679-3312600

E-mail: mailto:rodneyk@forumsec.org /mailto:timaimaq@forumsec.org

24 11 01 REVISED FMS Request for Expressions of Interest and TOR for CBR