SAINT LUCIA
CARIBBEAN DIGITAL TRANSFORMATION PROJECT (CARDTP)
Loan No. /Credit No.: IDA Credit # 6682-LC
Assignment Title: FINANCE OFFICER
Reference No. SLU_CARDTP_C_IC_18
The Government of Saint Lucia (GOSL) has received financing from the World Bank towards the cost of the Caribbean Digital Transformation Project (CARDTP), and intends to apply part of the proceeds for consulting services for engagement of a Finance Officer to maintain the financial management system for the Project.
The consulting services (“the Services”) include
Budgeting and Planning
- Supporting the Project Team in preparing annual work plan for the project
- Prepare project’s annual cash flow plan on the basis of the work plan and related procurement plan
Expenditure/Payment Processing
- Updating the financial management system for the project, utilizing standard accounting procedures and ensuring that the chart of accounts including revenues and expenditures posted are consistent with Project components and Procurement Plans which will ensure full documentation and recording of sources and uses of funds.
- Ensuring compliance with the internal control framework (Operations Manual and the Bank’s Fiduciary guidelines etc.) and GoSL’s rules and procedures when processing payments.
- Applying pre-audit checks on all payments before payment from designated accounts including budget availability, sanction of competent authority and compliance with applicable financial rules and regulations.
Monitoring
- Monitoring the posting of journals and statement of expenditures to determine the accuracy of expenditures and revenues on GOSL Integrated Financial Accounting System (SmartStream) on a quarterly basis
- Making presentations on the financial status of Projects to Budget, the World Bank, Project Team and Department of Health and Wellness.
Financial Reporting
- Prepare quarterly Interim (unaudited) Financial Reports for assigned projects by the 30th day following the end of the quarter
- Preparation of Annual Financial Statements for assigned project by the 30th day following the end of the financial year
- Prepare quarterly reports on performance of work assigned
The consultancy is full time and substantially will be performed on site at the Department of Public Service.
The detailed Terms of Reference (TOR) for the assignment can be found at the following website; www.govt.lc/consultancies or www.finance.gov.lc or http://publicservice.govt.lc/notices can be obtained at the address given below.
The Department of Public Service now invites eligible Individual Consultants (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services; (Curriculum Vitae, description of similar assignments, experience in similar conditions, clients’ references etc.). Interested Consultants should have the following requisite minimum qualifications and professional experiences listed below for undertaking the assignment.
QUALIFICATION
Minimum required education and experience
Academic:
- Level 2 ACCA or Bachelor’s Degree in Accounting, Finance, Business Administration, or related field.
Professional Experience:
- Knowledge of Government Accounting Integrated Financial Management System
- Knowledge and ability to use Accounting Software including Quick Books.
Experience:
- At least five years working experience in financial management accounting.
REFERENCES
At least one reference letter.
The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” July 2016, revised November 2017 , August 2018 and July 2020 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.
A Consultant will be selected in accordance with the Individual Consultants Selection method set out in the Procurement Regulations for IPF Borrowers” July 2016, revised November 2017 , August 2018 and July 2020 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.
Further information can be obtained at the address below (*) during office 8:00 a.m-4:30 p.m. (0800 to 1630 hours).
Expressions of Interest must be delivered in a written form to the address below (in person, or by mail, or by e-mail) by April 22, 2022.
*Project Implementation Unit
Department of Public Service
Attn: Procurement Specialist
Caribbean Digital Transformation Project
Bourbon Street
Castries
Saint Lucia
Tel: 1-758-485-6731
E-mail: slu.cardpt@gmail.com