International Fund for Agricultural Development (IFAD)

Project Financial Management Consultant

International Fund for Agricultural Development (IFAD)

Job Description

  The International Fund for Agricultural Development (IFAD) is an international financial institution and a specialized United Nations agency dedicated to eradicating rural poverty and hunger. It does so by investing in rural people. IFAD finances programmes and projects that increase Agricultural Productivity and raise rural incomes, and  advocates at the local, national and international level for policies that contribute to rural transformation.

IFAD is seeking Project Financial Management (FM) Consultants to take part in virtual or non-virtual short-term project missions in the LAC Region, and to support LAC team with non-mission related work, depending on the portfolio.

Candidates must be from one of the IFAD Member States. For a full list of IFAD member states, please refer to the following hyperlink: Please note that if you have been already accredited OR have applied in the past, kindly do not make a repeat application.

Post's organizational accountability

The Financial Operations Department (FOD) is responsible for IFAD’s treasury operations, financial management of IFAD assets, accounting and controllership and financial risk management. FOD ensures that internal and external financial resources are efficiently, economically and effectively managed to allow the Fund to achieve its objectives and to deliver on its development commitments while ensuring financial sustainability.

The Financial Management Services Division (FMD) oversees project financial management practices in IFAD-funded operations, including financial reporting, audit, project liquidity management, and fiduciary compliance. The division is responsible for IFAD’s project financial management workforce including consultants.

FMD is responsible for project financial management capacity and risk assessments for projects during design and implementation, reviewing project audit reports and following up audit findings, project fiduciary supervision and providing implementation support to projects on FM aspects.

Key results expected / Major functional activities

In accordance with IFAD’s risk-based approach for design and supervision activities, the Project FM Consultant will use IFAD’s FM Assessment Questionnaire as the basis to collect relevant information concerning the strengths and weaknesses of financial Management Systems, internal controls and financial reporting systems relating to financial management and financial Administration of project funds. This will include monitoring compliance with IFAD’s fiduciary requirements, assessing the adequacy of national FM systems and assessing projects’ financial progress. Based on the findings the consultant will make appropriate recommendations.

The consultant will be granted access to the IFAD systems for reporting on the mission and will be required to upload the mission findings online in accordance with the timeline requested by the Finance Officer or the Team Leader.

The consultant may at times be called upon to perform implementation support activities including Capacity Building. Other assignments could involve follow-up of specific FM tasks and establishing the implementation status of prior recommendations at national, regional and/or local level.

Impact of Key results / Key performance indicators

The key performance indicators for Project FM Consultants include accurate performance of assigned finance operations, technical quality in terms of both substantive depth and adaptive relevance to client needs and customer service approach to problem resolution.

Representation / Work relationships

The Project FM Consultant may represent FMD at the project level and work relationships normally require an exchange of information with a range of outside sources including staff from governments, specialized agencies acting as Co-host agencies, Borrowers, Recipients, Cooperating institutions and other IFIs.


  • Personal leadership and attitude to change.
  • Continuously seeks to learn, shares knowledge and innovates.
  • Focuses on clients.
  • Demonstrates sound Problem Solving and decision making ability.
  • Manages own time, information and resources effectively.
  • Contributes effectively to the team.
  • Creates understanding between self and others.
  • Builds and maintains effective working relationships.
  • In-depth knowledge of the principles and concepts of financial operations including sound understanding of project financial management such as financial reporting standards.
  • Capacity to identify and analyse systemic issues, formulate options and make conclusions and recommendations to resolve it.
  • Analytical and organizational skills.
  • Demonstrated ability to communicate effectively in a diverse organization tailoring language, tone, style and format to match audience; ability to present corrective feedback in a considered and tactful manner to promote acceptance.
  • Good knowledge of information technology systems and tools. Exposure to accounting software.
  • Ability to empathize with clients and stakeholders while maintaining the integrity of financial resources, implementing internal controls and ensuring consistent and accountable application of promulgated financial regulations and rules.

Minimum recruitment qualifications

For Project Financial Management Consultants:
  • Academic/Professional qualification - Advanced University degree in Accounting / Finance or a professional qualification in accounting (issued by a member of the International Federation of Accounts such as CPA, CA, ACCA) in addition to a Bachelor’s degree.
  • Professional accounting qualifications will be considered an advantage.
  • Relevant professional experience of minimum four years will be required. Professional experience in areas with direct exposure to international standards in financial management (including accounting and audit), financial accounting and financial controls in international organizations or donor financed development projects will be considered relevant.
  • Knowledge of or experience in project financial management will be desirable.
  • Language proficiency: Fluency in one or more of the following languages: English; French; Spanish is required.
For Financial Implementation Support Consultants:
  • Academic/Professional qualification – An Advanced University degree in Accounting, Finance or other relevant field. Educational background or track leading to a professional accounting qualification will be considered an advantage.
  • Relevant professional experience of minimum two years will be required. Professional experience in areas that demonstrate a mature level of responsibility or authority.
  • Some knowledge of or experience in project financial management will be desirable.
  • Language proficiency: Fluency in one or more of the following languages: English; French; Spanish is required.

Other information

Given the diverse technical nature of the assignments, IFAD is looking for consultants of varying ability above the minimum threshold stated.

Applicants to this call for interest will undergo a first level screening and those candidates meeting the minimum requirements will undergo a more in-depth assessment in order to be included in IFAD’s FM Consultants Roster.  Rostered consultants may be contacted for specific missions throughout the year and the Remuneration will be commensurate with candidate's qualifications, experience and skills as well as the nature of the assignment in terms of:
  • Responsibilities and complexities of the assignment
  • The degree of specialization required.
Consultants are not considered staff of IFAD. This consultancy assignment does not carry any expectation of employment, extension or conversion to another type of contract with the Fund.

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