Procurement Summary
Country : Palestine
Summary : Financial and Administrative Consultant
Deadline : 03 Jun 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 101792925
Document Ref. No. :
Competition : ICB
Financier : Other Funding Agencies
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
Tenders are invited for Financial and Administrative Consultant
The Consultant will ensure that the quality of admin and financial systems/information allows decision-making and contributes to the efficiency and effectiveness with which operations/programs are implemented which must lead to the achievement of the objectives of the financial department and the organization as a whole.
Responsibilities:
Develop and execute various projects and programs' budgetary plans to optimize fund utilization and ensure accurate financial records to ensure the sustainability of the organizations.
Oversee and validate grant agreement reporting to guarantee adherence to expenditure guidelines outlined in the agreements.
Mitigate budgeting risks by implementing robust internal controls and audit action plans, safeguarding the achievement of objectives.
Enhance the capabilities of partner entities to enhance organizational efficiency, refine processes and systems, and enrich staff expertise.
Participate in rebuilding and restructuring of the finance department/units, or focal points.
Develop and upgrade the responsibilities of the financial staff and create a hierarchy of communication within the department/units,
Provide technical training and support to the financial staff in terms of financial planning, budgeting, reporting, and accounting.
Advising on investment strategies for the organization's
Analyzing financial data to assess the organization's financial health and performance, preparing regular financial reports, and providing insights and recommendations based on the analysis.
Monitoring cash flows to ensure that the organization has sufficient liquidity to meet its operational needs and obligations
Developing and implementing admin and financial policies and procedures
Collaborating with fundraising teams to develop financial projections and budgets for fundraising task, as well as providing financial information to donors as needed.
Providing strategic advice to the organization's key team on financial matters, cost-saving initiatives, etc.
Establishing a monitoring internal control guide/tool to safeguard the organization's assets and prevent misuse of funds
Review financial reports and validate them before submission, and set development procedures for reporting internally and externally.
Provide training and technical support to financial departments/units /focal points about financial management systems and tools to the organization, partners, and benefited CSOs and CBOs.
Conduct field or sight visits for coaching and mentoring to the partner organizations when needed
Coordinating with the programs/projects teams and financial department/ units/ focal points and offering orientation, mentoring, and advice as required.
Documents
Tender Notice