This is a Project based role in Somalia which is financed by AfDB, in collaboration with the Ministry of Finance, Somalia, The objective of this assignment is to support the Ministry of Finance, Federal Republic of Somalia in conducting a comprehensive institutional and functional review and developing a five-year strategic plan in line with its mandate.
Scope of Work:
Phase 1: – Comprehensive institutional and functional review
This scope will entail reviewing MoF’s overall functioning (including Departments and Agencies) and examining all aspects, including systems, processes, and people-related issues.
Specifically, it will cover functional review, structural review, and skills assessment as described below:
- Functional assessment: This will entail an assessment of the current functions within MoF relevant to the Ministry mandate.
- Structural review: This will entail an assessment of the formal system of task and reporting relationships that controls, coordinates, and motivates employees so that they cooperate to achieve the Ministry’s mandate. The consultancy firm will review the current organizational structure of the Ministry and recommend appropriate structure taking cognizance of the mandate of the Ministry.
- Skills assessment: This will entail assessing the existing human resource profiles and skills inventories at MoF.
Phase 2: Develop a 5-year strategic action plan for the Ministry
The consulting firm (“Consultant”) shall develop a 5-year phased strategic and action plan that includes a budget, resource mobilization plan, and a monitoring & evaluation (M&E) plan to support the ministry fulfil its mandate. The Strategic plan should consider best practices across the region and globally;
The consulting firm should deliver a comprehensive strategic plan that includes an executive summary, situational analysis, vision, mission, and values, strategic priorities, strategies, key initiatives, performance metrics, implementation plan, resource mobilization plan (financial plan), risk management plan, monitoring and evaluation plan. Each of these elements should be well-defined, time-scaled, specific, and aligned with the Ministry’s mandate.
Required Qualification: A minimum of a bachelor’s degree in, Business, Finance, Accounting, Economics or equivalent from a recognized university that demonstrates the candidate’s knowledge of the financial analysis and business plan development.
Experience required:
- A minimum of 7 years’ relevant experience with the public sector on public sector financial reforms.
- Expertise in financial principles and data analysis, and a strong understanding of public finance and administration.
- Proficiency in English and communication skills (both oral and written).