Individual Consultant as Financial Management Specialist

REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES – INDIVIDUAL CONSULTANT) Country: Ethiopia Name of Project: The Building Institutions and Systems to Harness and Realize Agenda (BIASHARA) 2063 Project Grant No : P180117 Assignment Title : Individual Consultant – Financial Management Specialist Reference No . ET-AUC-558825-CS-INDV The African Union Commission has received financing from the World Bank toward the cost of The Building Institutions and Systems to Harness and Realize Agenda (BIASHARA) 2063 Project and intends to apply part of the proceeds for consulting services. The consulting services (“the Services”) include providing day-to-day financial management, ensure compliance with AU Financial Rules, Manuals, Guideline sand World Bank fiduciary requirements, and produce timely and accurate financial reporting. Specific tasks include: Specifically, the job holder shall, among other things: Financial Management & Controls Manage daily financial activities including monitoring the approved budgets, approved workplan, expenditures, and cash flows. Maintain effective internal controls and ensure compliance with AU and World Bank financial policies. Track accounts payable, receivable, and commitments. Planning & Budgeting Monitor budget to ensure that the expenditure is in line with the approved budget, the approved workplan and the financial plans. Monitor budget performance, conduct variance analysis and provide recommendations to PIU management. Financial Reporting Maintain an up-to-date and reliable financial management system and verify the accuracy of data posted in the system frequently. Prepare timely and accurate monthly, quarterly, semi-annual, and annual financial reports, including Interim Financial Reports (IFRs), for AUC management and the World Bank as indicated in the Financing Agreement Collect and consolidate the Interim Financial Reports (IFRs) from the AfCFTA Secretariat (African Continental Free Trade Area) and any other offices involve