Project for Strengthening Public Financial Management

REQUEST FOR EXPRESSIONS OF INTEREST (INDIVIDUAL CONSULTING SERVICES)

COUNTRY: Federated States of Micronesia (FSM)

NAME OF PROJECT: Project for Strengthening Public Financial Management (P161969)

GRANT NO.: IDA-D3240

Assignment Title: PFM Project Manager 2024

Reference No.: FM-DOFA-403833-CS-INDV

The Federated States of Micronesia has received financing from the World Bank toward the cost of the Project for Strengthening Public Financial Management and intends to apply part of the proceeds for consulting services.

The consulting services (“the Services”) involves supporting the ongoing implementation of the Project. The Project Manager will be expected to play an influential role in the following critical areas:

• To provide leadership and results-based management of the Public Financial Management project (phase 1 and 2) to maximize the impact of project development objectives.
• Be responsible for overall project management, which includes planning, execution, and monitoring.

The specific services and tasks of the position include but not limited to:

Supervisory responsibilities

1. Coordinates the hiring process and trains members of the project staff.
2. Coordinates and oversees the deliverables of long and short-term PFM consultants contracted under the project.
3. Assigns duties and responsibilities and oversees workflow of project staff.
4. Conducts performance evaluations that are timely and constructive.
5. Sets and tracks project milestones; manages and accounts for unforeseen delays and other risks, then realigns schedules and expectations as needed.
6. Establishes and implements project communication plans, providing status updates to affected staff and stakeholders.
7. Collects, analyzes, and summarizes information and trends as needed to prepare project status reports.

The detailed Terms of Reference (TOR) for this assignment can be found at the following website: https://dofa.gov.fm/vacancies/ and can be also obtained at the address given below and is also attached to this Request for Expression of Interest*.

The Department of Finance and Administration 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 with description of experience in similar assignments, similar conditions, etc. and the details of two references). 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. The criteria for selecting the Consultant are:

Minimum Mandatory Requirements

1. At least a Master’s degree in Business Administration, Public Financial Management, Economics or a related discipline.
2. At least 10 years of experience with implementation of public financial management and/or public sector reform projects or programs with a significant IT component
3. At least 5 years of experience with US GASB accounting and financial reporting standards, including preparation of consolidated financial statements
4. At least 5 years of project management experience
5. At least 5 years of team leadership experience
6. Good communication skills, including good oral and written English.

Additional Desirable Requirements:

1. Advanced degree in Information Technology, computer sciences or other closely related field is an added advantage.
2. Familiarity and experience with management of projects funded by international development Partners.
3. Project Management Certification or equivalent
4. Familiarity and experience with World Bank procurement, and financial management and guidelines.

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 September 2023, (“the Regulations”), setting forth the World Bank’s policy on conflict of interest.

Further information can be obtained at the address below during office 0800 to 1700 hours.

Expressions of interest must be delivered in a written form to the address below (in person, or by mail or by e-mail) by Monday, February 19th, 2024(23:45 local time).

Attn: Kwame Shiroya Program Manager

Central Implementation Unit

Department of Finance and Administration Palikir, Federated States of Micronesia

E-mail: [email protected]

and cc to: Central Implementation Unit: [email protected]