Financial Management Specialist

The Palestine Liberation Organization, for the benefit of the Palestinian Authority has applied for financing from the World Bank, International Development Association toward the cost of the Palestinian Market Development Project (the Project) and intends to apply part of the proceeds for consulting services.

The Ministry of National Economy (MoNE) is the implementing agency for this project. A Project Implementation Unit (PIU) will be established within MoNE and will be
composed of civil servants and consultants in various fields to manage the overall implementation of the project. MoNE is considering the appointment of qualified Project
Coordinator, Procurement Specialist, Financial Management Specialist and Administrative Assistant for the PIU.

 

 

Main tasks:
-Managing the financial management arrangements for the Project, including but not limited to budgeting, accounting, internal controls, and periodic and annual financial reporting.
-Developing the yearly budgets reflecting the operations of the grant and performing a quarterly review of the budget against actual expenditures.
-Processing and reviewing payments requests and bills related to the project ensuring proper supporting documents. and preparation of withdrawal applications.
-Cooperating with external and internal auditors for the preparation of audit reports.
-Performing other duties as may be assigned by the PIU director.

Key Qualifications:
-Bachelors degree or above in Accounting, Finance, or Business Administration; CPA or equivalent is highly desirable.
-At least 5 years of previous relevant experience in Financial Management or Auditing of which at least 3 years with a World Bank financed project.
-Good knowledge of financial accounting software, and familiarity with Bisan accounting system is a plus.
-Strong supervisory, interpersonal and staff support skills.
-Fluency in English and excellent report writing.

The consultants will be housed within MONE headquarters in Ramallah. The duration of the assignment is one year on a full-time basis, extendable to the full length of the project (4 years). The expected start date for the positions is May 1, 2012.
An individual Consultant shall be selected for each of the above-mentioned posts in accordance with the World Bank’s Guidelines: Selection and Employment of Consultants [under IBRD Loans and IDA Credits & Grants] by World Bank Borrowers, January 2011.

Interested individual consultants are requested to send their CVs by email to:

or hand it personally to the Minister’s office at the ministry to (Mr. Ashraf Dery), by maximum April 1st 2012; COB at 3:00 PM.

Qualified candidates will be contacted for an interview, and the ministry guarantees confidentiality of applications.