TOR to engage a consultant to support adoption of international public sector accounting standards (IPSAS) and to produce an updated financial and accounting procedure manual for HESPI
The Horn Economic and Social Policy Institute (HESPI) is an independent and autonomous socio-economic policy research and institutional capacity building organization working in the Intergovernmental Authority on Development (IGAD) region. Among other regional interventions, the Institute is implementing a program named Strengthening African Leadership for Climate Adaptation (SALCA) which aims to enhance the organizational performance of African entities working on climate adaptation. The SALCA program is coordinated by the African Capacity Building Foundation (ACBF) and aims to transform HESPI into an entity that contributes significantly to the implementation of an evidence-based climate adaptation agenda.
In the effort of realizing this transformation, the Institute hereby invites consulting firms or individual consultant to provide the following consultancy service. Only summaries of the scope of the role and the required qualification are highlighted below. The full TOR of the assignment that contain details of the scope of work, qualifications and submission requirements can be accessed HERE.
The closing date for submission of the application is in 15 days from the day of announcement. The application must enclose updated CVs of the applicant, cover letter and all required documents as detailed in the TOR of the assignments. For firms, the updated CVs of all consultants involving in the assignment and the company profile of the firm/company should be enclosed. The application must be sent to contacthespi@hespi.org with a copy to daniel.fantaye@hespi.org and hiwot.gezahegn@hespi.org.
A consultancy service for adopting IPSAS and update HESPI financial manual
The objectives of this consultancy assignment are to (i) support in the adoption of International Public Sector Accounting Standards (IPSAS) into the HESPI financial function and (ii) produce an updated financial and accounting procedures manual for the Institute. The scope of the work will include (i) Adopting and Implementing IPSAS (ii) updating the HESPI Financial and Accounting Procedures Manual and (iii) Training of relevant staff on implementation of IPSAS. The applicant for this role will require a Master’s degree in Financial Law, Accounting or Business Administration with over 5 years of working experience, preferably within the IGAD region. She/He will also require IPSAS professional qualification from ACCA or similar recognized body, and a ddemonstrable previous experience of development of high-quality Financial Management and Accounting policy manuals for regional or international institutions with recorded concrete evidences. Considerable experience in adopting and implementing IPSAS) and/ or International Financial Reporting Standards (IFRS) for minimum of five (5) years.