2023-12-21

Financial Management Specialist, Hargeisa

Hargeisa
Posted on December 21, 2023

Government Of Somaliland (GoSL)

Financial Management Specialist, Hargeisa

REQUEST FOR EXPRESSION OF INTEREST

Country: Government of Somaliland

Ministry of Agriculture Development

Project ID No. P177816

Name of the Project: Food System Resilience Project

Consulting Service: Financial Management Specialist

Individual Selection Consultant

Duty Station: Hargeisa, Somaliland

Duration: 12 Months, with possibility of extension

Deadline: 04, January 2024

Reference No.SO-MOAD-SL-388787-CS-INDV

Background of the Project

The Somaliland Ministry of Agricultural Development (MoAD) is implementing Food Systems Resilience Project financed by the World Bank. The aims of the project is to tackle the underlying structural challenges of food insecurity and reduce beneficiaries’ vulnerability to unpredictable climate, crisis, and conflict events. It seeks to achieve this by rejuvenating Somaliland’s Agri-livestock research institutions, seed systems, and extension services and developing community institutions that can anchor adaptation of climate smart Agri-livestock practices; strengthening the availability of water and improved rangelands management for resilient agriculture and livestock production; strengthen animal health services, strengthening the integration of the production systems to domestic and regional markets, with appropriate investments in food safety and value addition, and establishing an enabling policy and institutional framework capable of supporting food systems resilience for Somaliland at national and regional levels.

The project development objective (PDO) of the FSRP is to increase the resilience of food systems and the Somaliland’s preparedness for food insecurity in project target areas. The Food Systems and Resilience Project, funded by the World Bank, has Six key components: Re-)Building Resilient Agricultural Production Capacity Supporting the Sustainable Development of Natural Resources for Resilient Agricultural Landscapes Getting to Market Promoting a Greater Focus on Food Systems Resilience in National and Regional Policymaking Contingent Emergency Response Component, Project Management and Monitoring and Evaluation. Therefore, the Ministry of Agricultural and Development (MoAD) of the Government of Somaliland (GoSL) invites suitably qualified individuals to

apply for the position of Financial Management Specialist (FMS), Project funded by the World Bank and the GoSL. The PCU-FMS position will be a fulltime contracted staff position.

Reporting to: Project Coordinator

Objectives Of This Assignment: The FMS will be responsible for managing project finances in accordance with the requirements of the Financing Agreement and related documents (Project Implementation Manual, Procurement and Financial Management Manuals, etc.), including verifying the availability of funds against approved work plans and budgets (AWPBs) and all expenditure requests before payments are made. He/she provides leadership to the Project Finance Team and is a member of the management team of the PCU, supporting the PC in the overall coordination and management of the Project.

Specific Responsibilities:

The roles and responsibilities of the FMS include but not limited to the following: –

Develop and put into operation the project financial and procurement system;
Process accurately and promptly all accounting transactions, including project payments for planned activities, operating expenses, travel, consultant/vendor payments, and other office running expenses;
Prepare a timely periodic statement of expenditure (SOE) reports and fund replenishment (Withdrawal Application) requests, carefully checking and inspecting all supporting documents;
Prepare, implement and review the funding of budgeted and actual annual cash flows and ensure adequate follow-up on matters needing clarification;
In collaboration with the project accountant and implementing project teams, prepare quarterly and annual financial reports in agreed formats in line with the Financial Management Manual;
Maintain accounts reconciled at any given point in the Project period and avail them, including supporting documentation for auditing;
Support the PCU in the facilitation of external financial audits, e.g., OAG, IAD, or the World Bank;
In consultation with the Head of the Accounting unit at the Ministry of Finance and the PC, oversee the proper maintenance of the project finance and accounting system in accordance with the Somaliland PFM and financial regulations and procedures of the Central Bank of Somaliland and the World Bank;
Contribute to the planning and preparation of an annual budget and work plans, as well as monitoring the budgeted expenses;
Ensure that Project annual work plans are budgeted and included in MoAD, MoLFD and MoECC overall budget before submission to the Central Bank of Somaliland;
Ensure government internal control procedures are adhered to;
Provide advice to Project management on accounting and administration matters; and
Perform other duties as may be assigned by the PC.

This is a senior management position requiring a strong financial management professional of unquestionable integrity. The right candidate will be a team player with the following qualifications:

Bachelor’s Degree or higher in Accounting, Finance, Business Administration, Economics, or a related field from a recognized university plus professional accounting qualification (CPA);
Minimum 7 years of working experience in Accounting and Finance
Familiarity with financial management/accounting in a government ministry/department and donor-funded projects. Familiarity with the World Bank Accounting Guidelines will be an added advantage;
Knowledge of computerized accounting systems such as TOMPRO, PASTEL, SUN, etc.;
Good working knowledge of accounting, financial control, banking, procurement, and personnel policies and procedures;

Other Competencies and Requirements

Ready for flexible working hours and extensive workload, as well as frequent domestic travel to participating districts;
Strong computer and communications skills (oral, written, presentation) with proficient working knowledge of MS Office, Accounting, and other relevant software for technical analysis and reporting;
High level of personal and professional integrity with strong analytical skills and ability to function well in a multicultural and inter-disciplinary environment;
Strong interpersonal skills with evidence of ability to productively interact with a wide range and levels of stakeholders (Government, private sector, NGOs, and community organizations);
Proven track record of leadership and networking at a senior level
Excellent knowledge of Somali and English fluency;
Excellent analytical and administrative skills, as well as solid writing.

How to apply

Interested consultants may obtain further information (in person or by e-mail) at the address below during office hours from 8:00 am – 4:00 pm, wednesday to Thursday except for public holidays.

Deadline for submission: Expressions of interest should be delivered by e-mail address to:

foodsystemfsrp@gmail.com and cc: moadmoldrmoecc01@gmail.com marked with the subject title of the position by 04 January 2024

Address of the Ministry: Main Street, near Presidential Place, next to the Ministry of Education, Hargeisa, SL.

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