REQUEST FOR EXPRESSIONS OF INTEREST FOR INDIVIDUAL CONSULTANTS

AFRICAN DEVELOPMENT BANK

Climate Change and Green Growth Department (PECG)

CIF Financial Consultant

 

 

  1. The Climate Finance and Environment Division (PECG1) of the African Development Bank (AfDB) hereby invites Individual Consultants to indicate their interest in the following position : Climate Investment Fund (CIF) Financial Consultant ; 
  1. Under the supervision of the CIF Financial Coordinator and general guidance of the Division Manager of the Environment and Climate Finance Division (PECG.1), the Consultant’s core duties will include the following activities :

Financial Reporting :

  • Support the preparation of all CIF financial reports, in collaboration with FIFC and other Bank’s relevant departments ;
  • Maintain records of all underlying data used in financial reporting ;
  • Meet ad-hoc financial data and analysis requested.

Financial Management support :

  • Maintained an updated database of project documents and approvals, of all key portfolio documents and CIF financial documents using the platform Collaboration or other appropriated platform ;
  • Perform any other duty assigned by the Financial Coordinator.

Expenditures follow-up :

  • Maintain updated records and prepare reporting of expenditures under internal orders and cost centers ;
  • Ensure processing of related cash requests with FIRM ;
  • Maintain soft records of contracts, memo related to expenditures imputed on CIF budgets.

Other :

  • Provide logistical support for the organization of events, workshops and meetings and take minutes at various events ;
  • Undertake other ad hoc activities as deemed necessary by the Division Manager and Financial Coordinator.

For more details, please refer to the TORs (Annex).

  1. Interested Individual Consultants shall provide information through a maximum 3-pages resume and a short cover-letter paragraph in the body of the submission email, of their qualifications and experience demonstrating their ability to undertake the Assignment. Clarity, accuracy, concision in the presentation of the relevant information will be evaluated in the expressions of interest received. An indicative format of the CV and the information required is presented in Annex ;
  2. The eligibility criteria, the establishment of a short list and the selection procedure shall be in conformity with the Bank’s procedure for the acquisition of consulting services funded by the administrative budget of the Bank. Please, note that interest expressed by a Consultant does not imply any obligation on the part of the Bank to include him/her in the shortlist ;
  3. The position will be based in Abidjan, Côte d’Ivoire. The duration of services is 12 months to be renewed based on performance. The expected starting date is May 2021. Interested Individual Consultants may obtain further information at the address below during the Bank’s working hours from 08:00 to 17:00, Abidjan local time ;
  4. Expressions of interest must be received by email at the address below no later than March 31, 2021 at m. Abidjan local time and specifically mention “CIF Financial Consultant”.

For the attention of:      Audrey-Cynthia YAMADJAKO

African Development Bank

Climate Change and Green Growth Department

E-mail : [email protected] with copy to [email protected] and [email protected]

ESTABLISHMENT OF THE SHORT LIST

  1. A shortlist of three to six individual consultants will be established at the end the request of expressions of interest. The consultants on the shortlist will be judged on the following criteria on the basis of their updated resume.
Level of education in general 20%
Educational level compared to the field of mission 20%
Years of experience in general 20%
Number of years of experience relevant to the mission 40%

Annex: Terms of Reference for Consultancy Services

PECG.1, CLIMATE INVESTMENT FUNDS COORDINATION UNIT,

AFRICAN DEVELOPMENT BANK

CIF FINANCIAL CONSULTANT

 

Background :

The African Development Bank (AfDB or the “Bank”) is a multilateral development finance institution focused on promoting economic development and poverty reduction in Africa. AfDB’s mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.

AfDB implements a number of external climate finance facilities, including the Climate Investment Funds (CIF), designed to help developing countries address the challenges of climate change. The CIF provides concessional resources to build climate change resilience and help pilot countries reducing greenhouse gas emissions. The two funds are:

  • The Clean Technology Fund (CTF). The CTF promotes scaled-up financing for demonstration, deployment and transfer of low-carbon technologies with significant potential for long-term greenhouse gas emissions savings ;
  • The Strategic Climate Fund (SCF). The SCF serves as an overarching framework to support three targeted programs with dedicated funding to pilot new approaches with potential for scaled-up, transformational action aimed at a specific climate change challenge or sectorial response. The SCF finances three programs, namely, the Forest Investment Program (FIP), the Pilot Program on Climate Resilience (PPCR) and the Scaling-up Renewable Energy Program in Low Income Countries (SREP) ;
  • The FIP aims to support developing countries’ efforts to reduce emissions from deforestation and forest degradation by providing scaled-up financing for readiness reforms and public and private investments. It will finance programmatic efforts to address the underlying causes of deforestation and forest degradation and to overcome barriers that have hindered past efforts to do so ;
  • The PPCR aims at piloting and demonstrating ways to integrate climate risk and resilience into core development planning, while complementing other ongoing activities ;
  • The SREP is aimed at demonstrating the social, economic, and environmental viability of low carbon development pathways in the energy sector. It seeks to create new economic opportunities and increase energy access through the production and use of renewable energy.

As an implementing entity of the CIF, AfDB supports African pilot countries in the preparation of CIF Investment Plans, as well as in the origination, development, appraisal, implementation and supervision of adaptation and mitigation projects which in most cases are co-financed by AfDB.

The AfDB’s CIFs Coordination Unit housed in the Climate Change and Green Growth (PECG) Department is responsible for overseeing the implementation of the CIF portfolio with a view to meet its reporting obligations towards the various CIF stakeholders and by playing an active role in identifying and originating projects with a view to finance these with both CIF and AfDB’s own resources.

The consultant is expected to be based in AfDB’s headquarters located in Abidjan, Côte d’Ivoire.

Duties and Responsibilities :

Under the supervision of the CIF Financial Coordinator and general guidance of the Division Manager of the

Environment and Climate Finance Division (PECG.1), the Consultant will assist in the following areas:

Financial Reporting :

  1. Support the preparation of all CIF financial reports, in collaboration with FIFC and other Bank’s relevant departments ;
  2. Maintain records of all underlying data used in financial reporting ;
  3. Meet ad-hoc financial data and analysis requested.

Financial Management support :

  1. Maintained an updated database of project documents and approvals, of all key portfolio documents and CIF financial documents using the platform Collaboration or other appropriated platform ;
  2. Perform any other duty assigned by the Financial Coordinator.

Expenditures follow-up

  1. Maintain updated records and prepare reporting of expenditures under internal orders and cost centers ;
  2. Ensure processing of related cash requests with FIRM ;
  3. Maintain soft records of contracts, memo related to expenditures imputed on CIF budgets.

Other :

  1. Provide logistical support for the organization of events, workshops and meetings and take minutes at various events ;
  2. Assist the Financial Coordinator in all related matters.

Qualifications and Experience :

The consultant should :

  1. Hold at least a master’s degree or equivalent in economics, finance, audit, accountings, or related fields ;
  2. Have a minimum of 4 years of professional experience in the following fields: Finance, accounting, audit, financial management, budget planning and/or controlling ;
  3. Good understanding of financial instruments ;
  4. Experience in accounting and reporting using automated accounting systems such as SAP will be an advantage ;
  5. Proficiency in MS Office tools, especially Excel ;
  6. Enthusiasm and ability to learn new concepts quickly and to take initiative. Good organizational skills and attention to detail ;
  7. Knowledge of both English and French is an advantage ;
  8. Have strong inter-personal skills and be committed to work individually or as part of teams in a multicultural environment.

Remuneration :

The proposed remuneration will be defined based on the candidate’s financial proposal, the Bank’s established remuneration scale for long-term consultant considering requisite qualifications and experience and contract negotiations. The appointed consultant will receive an all-in monthly lump-sum and shall benefit of two working days of paid leave per working month.

Contract duration :

The contract with the selected candidate will commence following contract signature and will last for a period of 1 year, with the possibility of further renewal, based on satisfactory performance and relevant rules. The duty station will be the AfDB’s headquarters in Abidjan, Cote d’Ivoire. A detailed work program will be agreed on with the Financial Coordinator on commencement of the assignment.

VI. Selection criteria
The selection criteria are as follows:
i. General Qualifications and Suitability for the Tasks Activities to be performed 40%
ii. Experience on Activities described in the TOR 40%
iii. Experience with Development Financial Institutions 5%
iv. Proficiency in English and French 10%
v. Knowledge of the African Region 5%

MODEL CURRICULUM VITAE – AFDB BAD PDF