Training on Finance - Consultant

SIDC is a Lebanese Non-profit civil society organization established in 1987 and officially registered 9/AD in 1992. SIDC meaningfully engages vulnerable populations, to promote their health and wellbeing pertaining to HIV, Harm reduction, SRHR, and mental health, to support them in enjoying their human and gender rights, and to work towards an inclusive society free of stigma and discrimination at the national and regional level. SIDC ensures that vulnerable populations enjoy their health and human rights and fulfil their potentials in a society free of stigma and discrimination.

The multi-country “Nadoum Programme” is a three-year (2022-2024) grant funded by Global Fund, managed by Frontline AIDS as Principal Recipient (PR) and implemented by eight sub-recipients – five national CSOs (in Egypt, Jordan, Lebanon, Morocco, Tunisia) and three regional networks.

Within the framework of Nadoum Programme, SIDC is seeking a consultant to offer a three day training in October 2022 on “Financial Management for NGOs” to the Lebanese AIDS Network Association (LANA)1’s staff members.

Project details

The consultant will perform the following tasks:

1-    Prepare and deliver a three day training on “Financial Management for NGOs” covering the following

topics:

·      Defining an NGO budget and how to plan it with core costs and activities

·      Applying budgetary controls efficiently

·      Budget versus actual report (budget, actual, and variance)

·      Master budget preparation & budget monitoring tools

·      Handling variances in budget versus actual

Finance:

·       Developing a basic understanding of finance and accounting terminologies specifically relevant for NGOs including an Introduction to financial management, Tools for financial Management, Financial Management Process, Importance of financial management for NGOs and Building blocks of financial management

·      Financial statements; types and components

·      Creating & understanding an income statement, a balance sheet, and a cash flow

·      Managing your cash flow

·      Internal Control: Framework, objectives, types and procedures (physical control, delegation of authority, segregation of duties, cash control, payroll control, advances control, fraud activities and conflict of interest)

·      Tackling Asset depreciation & Inventory listing

·      Tackling Payments & Archiving

Procurement:

·      The stages of procurement

·      Preparing a purchase request

·      Receiving, reviewing, and selecting offers

·      Issuing a purchase order

·      Vouchers, delivery notes, and receipts

2-    Prepare pre and post test questions for the training.

3-    Submit a final activity report about the sessions.

Project Components and Deliverables: Preparation, delivery and reporting on the three day training on financial management               

Deadline to conduct the training: 20 October 2022

 Days: Up to maximum of 3 days.

Duration of Assignment

The duration of this assignment shall not exceed 3 days with effect from the 15th of September 2022. The Consultant will be based locally.

Qualifications and experience

·       Master’s Degree or equivalent in finance and accounting

·       Relevant work experience in conducting financial management training to NGOs

·       Experience in gender issues

·       Must be result-oriented, exhibiting high levels of enthusiasm, tact, diplomacy and integrity

·       Excellent analytical, interpersonal, and reporting skills, with knowledge of and experience in the application of policy and procedures standards

·       High level written and oral communications skills in Arabic and English

·       Ability to successfully and effectively liaise with people in a wide range of functions in a multi-cultural environment

·       Experience and understanding of HIV and the Lebanese context

·       Ability to work with minimal supervision

·       The consultant might apply as an individual or as a consortium

Commitment to Quality Work

The Consultant shall use an evidence-based approach and ensure the highest standard of work and timely deliverables at every stage of this assignment. In particular, the Consultant shall ensure clarity of objectives and process during consultations; countercheck all facts and figures cited; ensure that the content and format of the deliverables meets the highest standard for such documents; and ensure proper editing and clarity. The contractual partner will neither publish nor cause to be published in any form the results of this assignment without prior written consent of the contractor. The contractual partner will be solely responsible for the professional quality of his/her work and the timely completion of the assignment.