E T Consultant - Financial Management - Tenders Global

E T Consultant – Financial Management

World Bank

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E T Consultant – Financial Management

Job #: req25143
Organization: IFC
Sector: Operations
Grade: EC2
Term Duration: 1 year 0 months
Recruitment Type: Local Recruitment
Location: Bamako,Mali
Required Language(s): English
Preferred Language(s): French, Bambara
Closing Date: 11/23/2023 (MM/DD/YYYY) at 11:59pm UTC

Description

IFC a member of the World Bank Group is the largestglobal development institution focused on the private sector in emergingmarkets. We work in more than 100 countries, using our capital, expertise, andinfluence to create markets and opportunities in developing countries. Infiscal year 2023, IFC committed a record US$43.7 billion to private companiesand financial institutions in developing countries, leveraging the power of theprivate sector to end extreme poverty and boost shared prosperity as economiesgrapple with the impacts of global compounding crises. For more information,visit www.ifc.org.

The IFC 3.0 strategy aims to stimulate more investmentactivity across emerging markets, especially in Low Income Countries (LICs) andFragile and Conflict affected States (FCS). This strategy aims to create newopportunities for private investments in riskier markets and sectors byproactively working upstream to create, deepen, and expand markets and designand develop potential investment projects. Achieving these growth and impactambitions at scale requires a different approach to business development, dealsourcing, and client support that relies on 1) a broader product offering toengage earlier in the project cycle and secure opportunities; 2) a greaterfocus on preparing clients in nascent markets and sectors for investment; 3) agreater focus on value addition and risk management of portfolio investmentclients to enhance their performance; and 4) a longer time horizon and a morepatient, longer-term perspective.

To support this approach, IFC is seeking IFC is seeking anExtended Term Consultant (ETC) to support the program execution andimplementation of the MAS Africa Financial Management Advisory program whichsupports IFC clients by building/enhancing their financial managementcompetencies. The program targets prospective and portfolio investment clientsto enhance their bankability and incubate an impactful multi-year pipeline ofmarket opportunities and bankable projects. Targeted clients are expected todemonstrate efficiency in working capital management, streamlined decisionmaking processes and better allocation of resources which would help themunlock growth opportunities and improve access to finance.

The selected candidate will focus on delivering high-qualityFinancial Management Upstream/Advisory engagements and contribute to the volumeof financing enabled and facilitated by IFC to clients in the Africa region.This position will report to the Senior Operation Officer Program Lead.

Duties and Accountabilities:

The program is seeking a seasoned Financial Managementspecialist to support the team on the overall program activities in West Africaas well as client specific engagements work. The roles and responsibilities ofthe position will include but not be limited to:

Overall Program activities – BusinessResponsibility:

Support the design of the service offering, provide technical expertise on building product tool kit.
Coordinate program activities in West Africa including managing the relationship with country cluster/s manager, country office representative and MAS sector investment leads.
Support business development activities through building the necessary technical document.
Lead the organization of financial Management conferences for potential and portfolio clients in Africa to raise the importance of healthy financial management operation.
Develop training material to deliver to all MAS staff on the financial management and how to design joint interventions to address potential clients need.
Support IFC on business development in the region and on developing and delivering new client engagements.
Support the development and operationalize a standardized Financial Management checklist for IOs to determine potential client’s level of financial management sophistication.
Supervise junior consultants on client engagements.
Develop scalable solutions and platforms that can be replicated across markets.
Support staff across IFC in developing proposals and supporting materials for Advisory engagements across other regions.
Ensure the delivery of results in accordance with the approved project business and M&E targets.

Client specific work:

Design individual client engagements including client negotiation, and draft legal agreements.
Draft Financial Management advisory proposals to meet client needs in collaboration with IFC respective investment team.
Provide initial review for deliverables submitted by local consulting firms.
Develop training documents & presentation if needed
Follow up on the implementation of the new ERP system including the hardware purchases as well as software configuration.
Develop a lesson learned on implementing project in hard markets.
Conduct and draft IDDs for client institutions.
Contract and manage project vendors including firms and consultants.
Provide as needed support to project outreach events, including online events such as webinars.

Client and Stakeholder Responsibility:

Collaborate with MAS investment teams to identify targeted clients.
Conduct Business development for MAS Upstream & Advisory, which includes identifying clients and their needs, preparing pitches, conducting negotiations, and concluding deals.
Work with CMUs and other stakeholders including donors to ensure successful.
Provide other support as required at the country, regional or the global level.

Selection Criteria

Master’s degree or equivalent professional qualification in Business or Finance.
10-12 years of relevant experience in project and/or program development, producing feasibility studies, hands-on advisory and/or consulting functions in emerging markets.
Genuine commitment to development and to the World Bank Group and IFC’s mission, strategy, and values.
Understanding of IFCs strategic priorities and changing business model against the backdrop of IFC 3.0.
Demonstrated capacity to innovate and challenge the status quo and proven track record of new idea generation, business development, and creating projects/programs from scratch.
Demonstrated experience in project/program management, including executing against implementation plans with defined business development milestones.
Demonstrated experience in monitoring and reporting on a portfolio of projects, programs, and initiatives.
Outstanding analytical and critical thinking skills; demonstrated ability to synthetize complex information and make concrete strategic and tactical recommendations.
Strong written and verbal communications skills.
Ability to mentor and coach junior staff.
Sensitivity for working in multicultural environment, commitment to diversity, and ability to build effective working relationships with colleagues/clients/partners across regions, sectors, and business lines.

World Bank Group Core Competencies

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at theWorld BankandIFC, including our values and inspiring stories.

Note: The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their third-year ET appointment are not eligible for future ET appointments.


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