Financial Management Trainer at HumAngle Foundation

RFP Number    NGFM2501-03

The Organisation is currently accepting proposals for a Financial Management Trainer to help design, and deliver a comprehensive financial management training program to various internal stakeholders within the organization with the aim to enhance financial literacy, improve financial decision-making, ensure compliance with financial policies and regulations. 

Scope Of Work

The purpose of this Request for Proposal (RFP) is to solicit proposals from various candidates, conduct a fair and extensive evaluation based on criteria listed herein, and select the candidate who addresses HumAngle Foundation’s needs.

Objectives

• To improve the HumAngle’s internal financial processes, ensuring cost-effectiveness, transparency, and accountability in resource utilization.
• To provide capacity building for program and project management staff on budgeting, financial reporting, donor compliance, and financial risk management.
• To ensure programmes staff understand and consistently follow the organization’s financial policies, internal controls, and standard operating procedures to minimize errors, fraud, and non-compliance.
• To instill a mindset of financial stewardship among staff, encouraging proactive identification of cost-saving opportunities and responsible resource utilization.
• To train staff on identifying, assessing, and mitigating common financial risks relevant to their roles, thereby protecting the organization’s assets and reputation.

Work scope

• Conduct thorough assessments to identify knowledge gaps and training needs related to financial management across different departments and staff levels. 
• Design engaging, relevant, and practical training curriculum tailored to the identified needs.
• Provide tailored recommendations on best practices in financial management, accounting principles, budgeting, forecasting, donor compliance, risk management, and internal controls.
• Deliver interactive and effective training sessions, workshops, and one-on-one coaching to the finance team.
• Develop and implement methods to evaluate the effectiveness of the training session.
• Review the existing financial management policies and processes, and proffer improvements. 

Deliverables 

• Comprehensive Financial Management Training Curriculum & Materials
• 2-day training workshop
• Training Assessment Reports (indicating knowledge/skill improvement)
• Financial Management Resource Library for the Finance team
• Recommendations for Continuous Financial Capacity Building & Compliance Improvement
• Recommendations for enhancing the financial management practices in the organisation

Submission Package Checklist

• Technical Proposal
• Proposed Budget
• CV of lead trainer
• CVs of other team members, if any
• Letter of Reference from a past client, stating details of project completed, date, and attestation of the applicant’s character and work ethic.
• Evidence of registration, if applying as a firm
• Relevant certifications and qualifications

Technical Proposal (max 4 pages)

It must contain the following:

• Cover letter introducing yourself/organisation and outlining an overview of expertise
• Summary of approach and clear narrative of how the consultant will meet all objectives and deliver the tasks.
• Evidence of two (2) similar projects, stating the client, date and summary of tasks/deliverables. Links to any publication(s) should be provided, if available.
• Timeline for submitting all deliverables
• Signature of the individual submitting the proposal and date of submission

If the individual submitting a proposal must outsource or contract any work to meet the requirements contained herein, this must be clearly stated in the proposal. 

Proposed Budget

• All costs included in proposals must be all-inclusive to include any outsourced or contracted work.  Any proposals which call for outsourcing or contracting work must include a name and description of the organizations being contracted.  
• All costs must be itemized to include an explanation of all fees and costs.  
• All proposals are subject to a 5% WTH tax deduction

Contract terms and conditions will be negotiated upon selection of the winning bidder for this RFP.  All contractual terms and conditions will be subject to review by the HumAngle Foundation legal representative and will include scope, budget, schedule, and other necessary items pertaining to the consultancy.

Curriculum Vitae (Max 2 pages for each one)

• The CV (s) should provide information on the qualifications of the applicant.
• The highest educational qualification of the applicant should be clearly stated. 
• Professional certifications should also be outlined.
• The most relevant work experiences should be listed, with clear descriptions of results.
• Phone number and email address must be provided

Proposal Evaluation

Applicant Requirements 

• Bachelor’s or Master’s degree in Finance, Accounting, Business Administration, or a related field.
• Professional accounting qualification (e.g., ACA, ACCA, CIMA, CPA) is highly desirable.
• At least 5 years in financial management, accounting, or auditing, preferably within an NGO.
• Demonstrated experience in developing and delivering training programs, workshops, or adult education.
• Strong understanding of financial principles, budgeting, financial reporting, internal controls, and donor compliance.
• Excellent communication, presentation, and facilitation skills.
• Ability to simplify complex financial concepts for non-finance professionals.
• Strong analytical and problem-solving abilities.
• Proficiency in financial software, accounting systems, and Microsoft Office Suite (especially Quick Books and Excel).
• High level of integrity and attention to detail
• The applicant must be willing to sign a confidentiality agreement if selected.  

Evaluation Criteria

HumAngle Foundation will evaluate all proposals based on the following criteria:

• Overall proposal suitability and clarity: Proposed solution(s) must meet the scope and needs included herein and be presented in a clear and organised manner (20 points)
• Proven Experience: Applicants must show relevant evidence of expertise as it pertains to the scope and objectives of this engagement, based on descriptions of previous work and client testimonials and references (25 points).
• Value and cost: Applicants will be evaluated on the cost-effectiveness of their solution(s) based on the work to be performed in accordance with the scope of this project (20 points).
• Technical expertise: Applicants should provide evidence and documentation of technical expertise of the lead applicant (25 points)
• Adherence to all stipulated guidelines (10 points).

The maximum score is 100 points and the selected consultant is required to have a minimum of 80 points.

Timeline