Individual Consultant: Financial Management Specialist

Job Description

The Government of the People’s Republic of Bangladesh has received loan from the World Bank to finance Western Economic Corridor & Regional Enhancement Program (WeCARE) Phase-1: Jhenaidah-Jashore Highway (N-7) Improvement Project and intends to apply part of the proceeds for Consultancy Services of ‘Financial Management Specialist (National)’.

The overall objectives of this consultancy service are to:

1. To support, implement, and advice the RHD WeCARE PIU for Phase-1 for managing financial document and record keeping, audit support and report writing;
2. Check all associated reports, data, procedure as instructed by PIU;
3. Ensure that all financial management activities are conducted in accordance with the World Bank (IDA) guidelines and GOB rules and procedure for the intended purposes.

The details of scope of services to be performed by the ‘Financial Management Specialist’ are outlined in Terms of Reference (TOR) which is available at RHD website: www.rhd.gov.bd or can be obtained at the address given at the letter head. Expected date for commencement of the services is 01 September 2025. The indicative duration of the consultancy services shall be 28 (Twenty-Eight) months which may be extended or reduced based on the project duration. Roads and Highways Department (RHD) now invites eligible Individual to indicate their interest in providing the Consultancy Services.

Interested Applicant shall provide information and applicable substantiation (documentary evidence related to qualification and experiences) for demonstrating that they have the required qualifications and relevant experience to perform the Services as depicted in TOR. The qualifications and experiences requirements are as following:

1. M. Com/ MBA in Accounting/ Finance degree or equivalent qualification in a related field as a minimum;
2. Minimum of 10 years of working experience in financial management, accounting, auditing and budget management of which preferably three (03) years in a development partner funded project specially experience in World Bank funded projects as financial management consultant will be given preference;
3. Fully conversant with and have had hands on experience in application software and also in Computerized Accounting System with ability to assist in implementation and customization;
4. Skills in software installation and troubleshooting will be added advantages;
5. Experience in the effective guidance/supervision of personnel working accounting unit.

The attention of interested Individual Consultant is drawn to the Section III, Para 3.14,3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers, Sixth Edition February 2025” setting forth the World Bank’s policy on conflict of interest. An Individual will be selected in accordance with the Individual Consultant Selection (ICS) method set out in the Procurement Regulations. Further information can be obtained at the address below during office hours (09:00 AM to 05:00 PM).

Expression of Interest must be delivered in a written form to the address given at the letter head (in person, or by mail, or by mail, or by e-mail) by 02:00 PM, 04 August, 2025.

DEADLINE: 4 August 2025

About the Organization

The World Bank, a member of the World Bank Group, is a vital source of financial and technical assistance to developing countries around the world. Our mission is to fight poverty with passion and professionalism for lasting results and to help people help themselves and their environment by providing resources, sharing knowledge, building capacity and forging partnerships in the public and private sectors.

We are not a bank in the common sense; we are made up of two unique development institutions owned by 188 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).

Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries.

Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID).

Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.