The primary objective of this consultancy is to provide expert support to the Ministry of Finance in enhancing its fiduciary management systems and program management capacities to meet GCF standards and requirements.

(1) Scope of the assignment

Fidcuciary capacity assessment of the Federal Executing Entities as well as Regional Bureau of Finances

Prepare training modules for key fiduciary standards on:

 Internal control systems to systems to safeguard funds, assets, and resources;

Accounting, budgeting, and financial reporting systems;

Internal and external audits; Policies for financial disclosure, conflicts of interest, and ethical behavior;

Mechanisms to prevent, detect, and address fraud and corruption;

Trnsparent and competitive procurement processes must be adhered to, ensuring value for money;

Systems for identifying, assessing, and mitigating financial risks

Capacity building:

provide TOT on GCF fiduciary related policies and procedures for finance and procurement officers at federal and regional levels

The consultant will be responsible for the following tasks:

(2) Fiduciary Responsibilities:

1. Financial Management and Accountability:

• • Fiduciary capacity assessment of the Federal Executing Entities as well as Regional Bureau of Finances
  • Develop and implement robust financial management systems for GCF projects.
  • Ensure the implementing entities understand compliance requirements of the GCF financial policies and guidelines.
  • Support implementing entities in their effort to Prepare accurate and timely financial reports for submission to the GCF within the project timeline of the consultancy assignment.
  • Support implementing entities in preparing for and Conduct/management of regular financial audits and reviews to ensure accountability.

2. Procurement:

• • Propose required changes to the existing procurement guidelines, if any, so that the system is compliant with the GCF standards
  • Ensure all procurement activities comply with GCF standards.
  • Review sample procurement documents to highlight gaps with the GCF standards and recommend changes needed for better compliance with the standards

3. Risk Management:

• • Conduct risk assessments for GCF projects.
  • Develop risk mitigation strategies and plans on the basis of GCF standards.
  • Establish a risk management framework and oversee its implementation.

(3) Capacity Building

1. 1.  Conduct training programs on fiduciary management.
   2.  Provide ongoing technical support to Ministry staff and stakeholders.
   3.  Facilitate knowledge sharing and best practices within the project teams.

DELIVERABLES

The consultant is expected to deliver the following:

1. Inception Report: Detailed work plan and methodology within two weeks of contract commencement.
2. Capacity gap and need assessment report: The consultant should conduct comprehensive fiduciary capacity assessment as per the GCF fiduciary standards tailored to those to which MOF is accredited to;
3. Training Modules tailored to the GCF requirements and identified capacity gaps
4. Training of Trainers
5. A fiduciary guideline including risk management framework tailored to the GCF requirements
6. Training Reports: Reports on training programs conducted, including participant feedback and outcomes.

The assignment shall be conducted for 130 days starting from the date of contract award until April 30/ 2025. Unless and otherwise agreed by the two parties, extension of contract is not expected. Extension might be allowed if the consultant presents compelling reasons to do so.

QUALIFICATION AND EXPERIENCE

The Individual consultant is expected to meet the following minimum requirements:

• Master’s degree or above in Accounting and Finance, Business Administration or related fields with extensive experience in financial and procurement management and related fields;
• A minimum of 8 years (preferably 10 years) of professional experience in , financial analysis,  financial management/audit;
• Strong analytical skills and ability to efficiently manage a large number of activities simultaneously;
• A good knowledge of Ethiopia’s Financial and Accounting System;
• Familiarity with the CRGE Strategy, the Growth and Transformation Plan and the Sustainable Development Goals;
• Familiarly with the GCF, Adaptation Fund and other climate finance institutions Accreditation procedures;
• Excellent communication skills, both verbal and written in English;
• Proven capability to meet deadlines and work under pressure;
• Prior knowledge and working experience with the GCF on accreditation and program development is relevant.

OTHER INFORMATION

1. Logistical Support

The GGGI shall provide transportation and pay DSA for the consultant during authorized travels to the regional states for data gathering.

2. Confidentiality and Proprietary Interests

The consultant shall not either during the term or after termination of the assignment, disclose any proprietary or confidential information related to the consultancy or the Government without prior written consent. Proprietary interests on all materials and documents prepared by the consultants under the assignment shall become and remain properties of the MOF. This assignment will be administrated by GGGI, and all relevant GGGI rules, policies and procedures will apply.

. Evaluation Criteria

Upon the advertisement of the Procurement Notice, qualified Individual consultant is expected to submit both the Technical and Financial Proposals. Accordingly, the consultant will be evaluated based on Cumulative Analysis as per the following conditions:

Responsive/compliant/acceptable as per the Instruction to Bidders (ITB) of the Standard Bid Document (SBD), and

Having received the highest score out of a pre-determined set of weighted technical and financial criteria specific to the solicitation. In this regard, the respective weight of the proposals are:

Technical Criteria weight is 70%

Financial Criteria weight is 30%