Tenders Are Invited For Consultancy To Review And Update Financial Management Policies And Develop Additional Policies

Tenders are invited for RDFL - Consultancy to Review and Update Financial Management Policies and Develop Additional Policies. Deadline: Monday, 06. Oct 2025 The objective of this consultancy is to: Review the existing financial management policies and procedures. Identify strengths, weaknesses, and gaps in alignment with donor regulations, international best practices, and local legal frameworks. Develop comprehensive, updated financial management policies, including: Budgeting and budget monitoring. Internal controls and segregation of duties. Grant and donor fund management. Cash and bank management. Staff advances, travel, and per diem. Financial Reporting Audit and compliance. Financial documentation and archiving and separate, dedicated policies for: · Procurement. Asset Management. Anti-Bribery. Fraud Prevention and Response Policy. Conflict of Interest Policy. The objective of this consultancy is to: Review the existing financial management policies and procedures. Identify strengths, weaknesses, and gaps in alignment with donor regulations, international best practices, and local legal frameworks. Develop comprehensive, updated financial management policies, including: o Budgeting and budget monitoring. Internal controls and segregation of duties. Grant and donor fund management. Cash and bank management. Staff advances, travel, and per diem. Financial Reporting Audit and compliance. Financial documentation and archiving and separate, dedicated policies for: · Procurement. Asset Management. Anti-Bribery. Fraud Prevention and Response Policy. Conflict of Interest Policy. 3. Scope of Work The consultant will undertake the following tasks: Phase 1: Review and Assessment Conduct a thorough review of existing financial management policies and procedures. Benchmark current practices against donor requirements, local legislation, and international standards. Consult with management and finance staff to identify practical gaps and challenges in implementation. Phase 2: Policy Development and Strengthening Update and expand the existing financial management policy framework. Draft and present stand-alone policies for the areas mentioned above. Ensure that all policies are practical, clear, and suitable for immediate adoption by staff. Integrate internal control mechanisms and accountability measures throughout the policies. Phase 3: Validation and Capacity Building Present draft policies to management and relevant teams for feedback. Revise and finalize policies based on inputs received. Develop a brief induction/training module to orient staff on the updated and new policies. 4. Deliverables The consultant will provide: Inception report with methodology, workplan, and timeline. Gap analysis report on existing financial management policies. Draft versions of updated financial management policies and new stand-alone policies. Finalized, comprehensive set of policies incorporating feedback. Training/induction materials for staff on the new and updated policies. 5. Duration of Assignment The consultancy is expected to take two months, starting from [10/10/2025] and concluding no later than [10/12/2025]. 6. Reporting and Coordination The consultant will report directly to the Head of Finance and will work closely with the finance, operations, and program teams. 7. Consultant Qualifications Advanced degree in Finance, Accounting, Business Administration, or related field. At least 7 years of experience in financial management, auditing, or policy development with NGOs/INGOs. Demonstrated experience in developing financial and compliance policies, particularly in procurement, asset management, anti-bribery and fraud. Strong knowledge of international donor compliance requirements (EU, USAID, UN, etc.) and local legal frameworks. Excellent analytical, writing, and facilitation skills. Fluency in English and Arabic. Tender Link : https://www.daleel-madani.org/calls-for-proposal