Details

Salary and Benefits

MVR 34,000+

Job Description

Financial Management Specialist

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Request for Expression of Interest

Financial Management Specialist

Financial Management Specialist Gazette

Contract	Financial Management Specialist
Project	MEERY Project
Source	National
Number of staff	1 staff

 

The Government of Maldives (GoM) is implementing the “Maldives: Enhancing Employability and Resilience of Youth” (MEERY) Project funded by the World Bank. The objective of the project is to improve the relevance of technical and vocational skills and foster entrepreneurship to promote youth employment in priority sectors. The GoM aims to strengthen the project implementation, with a new PMU housed within the Ministry of Economic Development (MoED) for effectively implementing existing project activities and the proposed additional activities related to the Ministry of Economic Development (MoED).

The PMU will consist of members from the MoED and line agencies and operate as a joint coordinated effort. The Project Management Unit (PMU) for Maldives: Enhancing Employability and Resilience of Youth Project will consist of teams for procurement, finance, social safeguards, media – led by the Project Director and assisted by Project Manager.

As part of implementing the new PMU for MEERY under MoED, the Ministry of Economic Development wishes to contract a Financial Management Specialist.

 

The objective of this assignment

The MED wishes to select a Financial Management Specialist who will support the Project Director with the project’s finance and accounting system in accordance with the World Bank guidelines and ensure timely preparation of project financial recording and reporting.

 

Scope of service, Required Expertise & Qualifications, and Remuneration

Please refer to the Terms of ReferenceFM Specialist TOR

 

Contract Duration

The contract duration is specified for 1-year starting from commencement date.  Upon signing of the contract, 3 months shall be counted as the probationary period. The contract shall be renewed based on performance, need, and funding. 

This contract is expected to commence in February 2023.

 

The Ministry of Economic Development now invites interested eligible individuals to submit their Expressions of Interest (EoI). Interested individuals must provide ID Card Copy, CV and academic certificates covering the key qualifications listed in the Terms of Reference.

 

Deadline

The expressions of interest must be delivered to the address below by regular mail, emails, no later than 1600 hrs Maldivian time on 16^th February 2023.

Note: The request for expressions of interest shall be read in conjunction with the TOR for the respective post.

Ministry of Economic Development

Velaanaa Building, 11^th Floor,

Male’

Republic of Maldives

Tel:  3323668

E-mail: [email protected]

 

Requirements and Qualifications

Minimum Experience

Not Specified

Documents to Submit

Documents

• 5. Required Expertise and Qualifications
• The Consultant should have:
• 1. Master’s Degree in Accounting, Finance, Financial Management, or suitable
• equivalency from a recognized university with at least seven (7) years of relevant
• experience;
• 2. Sufficiently experienced to manage project finances, prepare essential financial
• management reports including annual financial statements, and to monitor project
• financial progress.
• 3. Experience in preparing budgets and cash flow statements is desirable.
• 4. Possess analytical, administrative, and computer skills in spreadsheets and any other
• application.
• 5. Familiarity in dealing with annual audits will be an added advantage.
• 6. Previous experience in public finance-related projects or donor-funded projects will be
• an added advantage.

Other Information

Employment Type

• Contract