The International Executive Service Corps (IESC) is a nonprofit organization dedicated to equitable, sustainable economic growth in developing countries.
IESC implements a U.S. International Development (USAID) USAID-funded program and a U.S. Department of Agriculture (USDA)-funded program in Sri Lanka. IESC is seeking a short-term consultant to complete a finance and operations assessment of each of the programs. The estimated level of effort is 21 days for preparation, the assessment and reporting.
The purpose of the Finance and Operations Assessment is to complete a review of field and office operations for IESC’s two Sri Lanka programs to ensure compliance with the Awards, US Government rules and regulations for managing awards, compliance with IESC financial, administrative and operational policies and procedures, and ensure responsible financial management.
IESC completes finance and operations assessments of each of its programs during implementation. The internal assessments are a routine part of program implementation and close-down and are conducted to ensure each program’s overall financial and operational health.
The assessment will include a review of personnel, sub-awards, procurements and operational and financial management processes of the program to ensure compliance and good management practices.
Perform a comprehensive review of program documentation and practices for compliance with IESC field manuals, policies, procedures, the award and USAID rules and regulations by applying a consistent and systematic approach using IESC’s finance and operations assessment tool and reporting methodology. Key tasks include:
- Prior to beginning the assessment, review program awards, prior audit reports, field office manuals, sub-awards, consultancy agreements, procurement templates, and other related documents.
- Conduct a financial and operational assessment of the two offices in Sri Lanka using IESC’s finance and operations assessment tool.
- Conduct a thorough review of finance and accounting systems and documents related to payroll, timesheets, funds transfer, cash receipts, ledger maintenance, cash disbursements and receipts, banking arrangements, taxes, travel expenses, field office reports, cost share, and petty cash.
- Conduct a thorough review of operational systems, procedures and documents related to the application of the cooperative agreement, human resources, information technology, procurement, contracts, and asset management.
- Perform site visits of the sub-awardee offices to ensure compliance with IESC’s sub-award management policies, and USG regulations.
- Assess record keeping practices and files to ensure they are up to date.
- Meet and discuss with staff to assess their understanding of and issues with financial and operational policies and procedures.
- Identify weaknesses/gaps and provide recommendations to improve internal operations of the programs.
- The consultant will travel to Sri Lanka to complete the assessments and complete two separate final reports, one for each program; present the findings, recommendations and a timeline for implementation of recommendations.
- Significant experience in the field of financial controls using audit tools and checklists
- Experience in internal auditing, operations, accounting, business analysis, or program evaluation
- Strong understanding of US Government Rules and Regs, specifically USAID rules and regulations, including 2 CFR 200
- Master’s degree (or equivalent post-graduate professional certification such as a CPA or CFA) preferred
- Minimum of three years of experience as a comptroller, finance and administration manager or operations manager on U.S. international donor funded projects.
- Minimum of seven to 10 years of progressive experience working on U.S. international donor-funded projects
- Must have knowledge of Excel, QuickBooks, and MS Office
- Fluency in oral and written English is required