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REQUEST FOR EXPRESSIONS OF INTEREST (Consulting Services- Individual International Consultant SELECTION) International Financial Management Specialist

REQUEST FOR EXPRESSIONS OF INTEREST

(Consulting Services- Individual International Consultant SELECTION)

Myanmar

Financial Sector Development Project

Loan No: MM 5930

 

Assignment Title: International Financial Management Specialist

Reference No. (as per Procurement Plan): CS-11

 

The Republic of the Union of Myanmar has received financing from the World Bank toward the cost of the Financial Sector Development Project, and intends to apply part of the proceeds for consulting services.

The Ministry of Planning and Finance (MoPF) and the Central Bank of Myanmar (CBM) are planning to implement the staff trainings and perform as an independent reviewer of the payment process as needed. The consulting services (“the Services”) include as part of assisting on Project in setting up an appropriate internal control system for the Financial Management of the Project. The services of the specialist within this assignment are as follows: (Detail of these and other specific tasks are discussed in the Term of Reference)

  1. To assist the required methods of internal control FM system, to ensure the implementation of Financial control system, to follow the financial  management and procurement policies and procedures in the Project's Operational Manual in all cases;
  2. To review all drafts/ contracts prior to final & other important supporting documentation and bank account details prior to completion of any transfer funds;
  3. To guide and provide quality control over the preparation of all financial cases under the project, to supervise and undertake on-the job training and allocation of works for finance/accounting staffs, to access the capacity of finance/accounting staffs;
  4. To monitor the financial performance of the overall project, to carry our other financial management related tasks as requested by the PCU director;

The MoPF and the CBM now invite International Financial Management Specialist to indicate his/her interest in providing the Services. Interested Specialist should provide information demonstrating that he/she has the required qualifications and relevant experience to perform the Services. The short listing criteria are:

  1. At least a Master degree in accounting, finance or relevant field and holding IFAC recognized accounting professional qualification;
  2. At least 10 years of professional experience in accounting, development project accounting in WB-financed projects, with major development partners or international non-governmental organizations, with experience in conducting similar engagement within Asia or other regions;
  3. Experience in setting up, using and training computerized accounting software with good computer literacy and skill especially PC systems and Microsoft Office, and strong Excel skill;
  4. Excellent communication and interpersonal skill with gender sensitivity, respect for local culture and result oriented attitude, reliable, independent and dynamic worker with high social competency and good team spirit;
  5. Fluent in English and has strong written and spoken skills;
  6. Willing and able to travel within the country when required;

The attention of interested Specialist is drawn to paragraph 1.9 of the World Bank’s Guidelines: Selection and Employment of Consultants [under IBRD Loans and IDA Credits & Grants] by World Bank Borrowers January 2011 and revised in July 2014 (“Consultant Guidelines”), setting forth the World Bank’s policy on conflict of interest. 

A Specialist will be selected in accordance with the Individual Consultant Selection method set out in the Consultant Guidelines.

Further information and detailed term of reference can be obtained at the address below during office hours 9:30 A.M ~ 4:30 P.M.

In submitting their expressions of interest, Specialists are kindly request to indicate the following reference: CS-11. Interested Specialists must provide their updated curriculum vitae, indicating personal and technical skills, academic qualifications, experience in similar assignments, and experience in Myanmar and/or other developing countries along with the names of at least three (3) referees with contact information (e-mail address, telephone or fax numbers).

Expressions of interest must be delivered in a written form to the addresses below (in person, or by mail, or by fax, or by e-mail) not later than 15 :00 pm (UTC+06:30) Nay Pyi Taw, January 5, 2018.

Central Bank of Myanmar

Attn: Daw Nwe Ni Tun, Deputy Director General (Financial Management Officer)
Address: Office Building No.55 ,Yazathingaha Road, Nay Pyi Taw
Tel:(OF-NPT) +95 67 418130
Fax: +95 67 418163, +95 67 418143
 
Attn: Daw Nyein Nyein Myint, Deputy Director (Financial Management Member)
Department: Accounts Department
Address: Office Building No.55 ,Yazathingaha Road, Nay Pyi Taw
Tel: (OF- NPT) +95 67 418271, +95 9 450848201
Fax+95 67 418163, +95 67 418143
 
Attn: Daw May War Moe, Staff Officer (Financial Management Member)
Department: Accounts Department
Address: Office Building No.55 ,Yazathingaha Road, Nay Pyi Taw
Tel: (OF- NPT) +95 67 418271, +95 9 797921904
Fax+95 67 418163, +95 67 418143

Ministry of Planning and Finance

Attn: Daw Hla Htwe Maw, Deputy Director (Procurement /Financial Management Officer)
Department: State-Owned Bank Oversight and Monitoring Division
Address: Building No.34, Financial Regulatory Department, Nay Pyi Taw
Tel: (OF- NPT) +95 67 410565
Fax: +95 67 410565
 
Attn: Daw Khaing Zar Nyein, Assistant Director (Financial Management Member)
Department: State-Owned Bank Oversight and Monitoring Division
Address: Building No.34, Financial Regulatory Department, Nay Pyi Taw
Tel: (OF- NPT) +95 67 410565
Fax: +95 67 410565
 
Attn: Daw Khin Yu Yu Kyaw, Staff Officer (Financial Management Member)
Department: State-Owned Bank Oversight and Monitoring Division
Address: Building No.34, Financial Regulatory Department, Nay Pyi Taw
Tel: (OF- NPT) +95 67 410565
Fax: +95 67 410565

Date : 20th July, 2018

 

1,420.0 / USD

More

Source : forex.cbm.gov.mm

Interest Rate(%)
Central Bank Rate 10% pa
Minimum Bank Deposit Rate 8%pa
Maximum Bank Lending Rate 13%pa
Economic Indicators (%)
GDP Growth 5.90 %
Annual Rate of Inflation 4.29 %
Year on Year Inflation 5.90 %

     Source : Ministry of Planning and Finance