Recruitment of Project Accountant

REQUEST FOR EXPRESSIONS OF INTEREST

CONSULTING SERVICES – Individual Consultant Selection (Open; National)

COUNTRY: ZAMBIA

NAME OF PROJECT: GIRLS' EDUCATION AND WOMEN'S EMPOWERMENT AND LIVELIHOODS FOR HUMAN CAPITAL PROJECT

Credit No: P181391

Assignment Title: Selection of Individual Consultants

Reference No.: ……………………

The Government of the Republic of Zambia has prioritized social protection as a mechanism to address poverty and vulnerability in the country. This prioritization is demonstrated through increased budgetary allocations, particularly to unconditional social assistance delivered through the Social Cash Transfer (SCT) program. The support for social assistance was furthered through the promotion of human capital initiatives using a “cash plus” approach primarily through the Girls’ Education and Women’s Empowerment and Livelihood (GEWEL) project by providing secondary school girls opportunities to complete their schooling. This was done through the Keeping Girls in School (KGS) component of the GEWEL project.

The Project Development Objective (PDO) of GEWEL 2 is “to promote human capital development and productivity among poor and vulnerable girls and women, while strengthening adaptive social protection delivery systems”.

The human capital development aspect of the PDO will be measured through results in three interrelated areas: (a) the SCT as the foundational national social assistance program as an enabler for human capital development, with complementary activities aimed at (b) enhanced educational attainment at the upper primary and secondary school level by vulnerable adolescent girls and (c) improved nutrition outcomes among poor children and women in selected districts. Productivity will be measured through activities aimed at increasing earnings and economic inclusion of adult women to build climate adaptation and shock resilience, while strengthened adaptive SP systems.

GEWEL 2 is comprised of four components to achieve the PDO, to be implemented over a four-year period from 2025 to 2028. These are: (a) Foundational Social Cash Transfer (SCT) and Nutrition; (b) Keeping Girls in School and Beyond (KGS); (c) Supporting Women’s Livelihoods for Climate-Smart Productive Inclusion (SWL); and (d) Institutional Strengthening and Systems Building for Cash ‘Plus’ Delivery (ISSB).

The KGS component will target poor and vulnerable girls from SCT households to access upper primary (4-6) and secondary schools (7-12) in a cash ‘plus’ approach and provide the girls with financial support to school related costs and fees, while also scaling other support services, to increase access to school, improve retention, progression, and transition to tertiary and/or work.

The Government of the Republic of Zambia has therefore, received financing from the World Bank toward the cost of the Project under Girls' Education and Women's Empowerment and Livelihoods for Human Capital Project – Keeping Girls in School (KGS) and Beyond, and intends to apply part of the proceeds for consulting services as below:

• Project Accountant (1)

Job Summary

The Project Accountant will be responsible for ensuring sound financial management of the PIU and implementing financial systems that ensure transparency, accountability and compliance with the financial management policies and guidelines. He/She shall also ensure effective use of project finances and that the financial management related to planning, budgeting, fund flow accounting, internal control (including internal audit), financial reporting, and external auditing are adequate. The position shall also be responsible for monitoring and identifying emerging risks.

Duties and Responsibilities

• Develop and implement financial management policies and systems;

• Prepare and monitor the project's budget, ensuring funds are allocated efficiently;

• Ensure that financial plans align with the project's objectives, disbursement plans, and operational needs;

• Monitor budget implementation, ensuring efficient use of funds and compliance with approved budgets;

• Conduct periodic budget reviews and adjust forecasts as necessary to reflect changes in project implementation;

• Prepare accurate financial reports for internal stakeholders, donors, and government authorities;

• Provide timely financial updates to project management for informed decision-making;

• Maintain a comprehensive financial management system for the SCT Programme ensuring that all financial activities are recorded accurately and on time;

• Oversee the preparation of financial reports, including monthly, quarterly, and annual financial statements;

• Prepare and submit Interim Financial Reports (IFRs) and Financial Management Reports (FMRs) to the World Bank and other cooperating partners;

• Ensure regular preparation of withdrawal applications for replenishment of the Designated Account or direct payment;

• Complete the Control 99 monitoring tool for tracking movement of funds from the US$ DA to the project operational account;

• Monitor the distribution of funds to ensure there are no leakages or mismanagement;

• Maintain an efficient cash flow management system to ensure that there are sufficient funds for project implementation at all times;

• Ensure compliance with donor agreements, local laws, and project guidelines;

• Coordinate external and internal audits and respond to audit queries;

• Implement recommendations from audits to improve financial management practices;

• Ensure compliance with the financial management guidelines and national laws governing public financial management;

• Ensure that financial records are in compliance with the World Bank financial management policies and International Public Sector Accounting Standard (Cash Basis);

• Design and implement robust internal control systems to minimize financial risks, including fraud, misuse, or inefficiencies;

• Ensure internal audit is regularly carried out to assess the efficiency and effectiveness of the financial management systems and its internal controls;

• Prepare annual financial statements for the project and provide all necessary information required by External Auditors so as to facilitate smooth auditing of the Project’s annual financial statements;

• Respond to issues raised in the Audit Management Letter and follow up on actions listed;

• Provide training and capacity-building support to regional and district finance teams to ensure that they understand and follow the financial guidelines of the project;

• Offer technical support to provincial and district staff on financial matters;

• Work closely with program managers, procurement officers, and other stakeholders to align financial management with project goals;

• Liaise with donors, financial institutions, and government bodies on financial matters;

• Collaborate with cooperating partners, including the World Bank, to address financial management concerns and provide updates on financial matters;

• Ensure effective coordination with the Procurement Specialist to align financial and procurement processes;

• Manage contracts with vendors and service providers, ensuring financial terms are clear and followed;

• Identify financial risks, fraud, or mismanagement risks within the project;

• Develop and monitor financial procedures and guidelines to ensure accountability and transparency;

• Conduct regular risk assessments and implement appropriate mitigation measures;

• Ensure that any irregularities in financial transactions are identified and addressed in a timely manner;

• Identify risks and put measures in place to mitigate financial irregularities;

• Undertake any other duties assigned by the supervisor.

Qualification, Experience and Key Attributes:

• Pull Grade 12 Certificate or Equivalent;

• Bachelor's degree in accounting/finance and a holder of a professional accounting qualification: such as ACCA (Association of Chartered Certified Accountants), CIMA (Chartered Institute of Management Accountants), (ZICA) Zambia Institute of Chartered Accountants or an equivalent;

• Should be a registered member of a recognized professional accounting body;

• Should have at least five (5) years post qualification professional experience in financial accounting and financial management;

• At least 2 years working experience as an accountant at a middle or senior management level in the public sector and at least another 2 years of experience working on projects financed by the World Bank or other International Financial Organizations is preferable;

• Competence in use of computerized financial management systems such as IFMIS, Navision etc.

• Excellent leadership, technical competence and professional skills for timely implementation, coordination and management of activities;

• Proven ability to effectively coordinate activities involving multiple disciplines and organizational units, as well as to maintain high service standards under pressure, and meet deadlines;

• Full English fluency, including report-writing skills;

• Computer literacy;

• Experience working with donor-funded projects, including those funded by the World Bank or other multilateral organizations is desirable;

• Strong knowledge of World Bank financial management guidelines and familiarity with public financial management principles;

• Proven track record in budgeting, financial reporting, internal controls, and fund disbursements;

• Experience working in social protection programs is desirable;

• Excellent skills in financial management software and/or Microsoft Dynamics 365 Business Central;

• Strong organizational, communication and leadership skills;

• Ability to manage teams and work in multidisciplinary teams.

REPORTING LINE: The Project Accountant will be reporting to the Project Coordinator and the Director of Finance.

Duration and Location

• The assignment is expected to last for an initial period of two years, with the possib