CORE Baseline Financial Data Consultant

  • Consultancy
  • Zambia

Website Land O' Lakes Venture37

Cooperative Resilience and Equity Activity (CORE)

CONSULTANCY OPPORTUNITY

SCOPE OF WORK

Assignment Title: Collecting financial baseline data from partner cooperatives.
Project name: Cooperative Resilience and Equity Activity – CORE
Date Issued:  27th March 2024.

Closing Date: 12h April 2024. 5:00 PM CAT

Assignment Locations: Zambia

Contract (LOE): 26 days (from April 29th to 7th June 2024)

Project overview

Land O’Lakes Venture37 is implementing the Cooperative Resilience and Equity Activity (CORE) cooperative development program in Rwanda and Zambia, with funding from the United States Agency for International Development (USAID). The goal of the CORE activity is to foster vibrant, sustainable cooperative ecosystems in Rwanda and Zambia, in which self-managed agricultural cooperatives and all their members flourish economically and socially. Through CORE, Venture37 will take a localized and market-responsive approach, engaging market actors, including women and youth, in activity design, implementation and measurement. CORE will 1) Inclusively strengthen the capacity of cooperatives by dynamically responding to their unique challenges and market opportunities by adapting existing, tested tools. 2) Improve the cooperative enabling environment by working with private and public service providers to deliver market-responsive and well-coordinated services to cooperatives. 3) Spur innovation, learning and continuous improvement in the local and global development community through embedded applied research.

Assignment Objectives

The main objective of this consultancy assignment is to work with partner cooperatives to produce quality financial reports to be used by CORE as baseline data. The assignment will involve 15 cooperatives in agricultural value chains located in 4 provinces: Central, Copperbelt, Eastern and Lusaka.

Scope of services

The Consultant will provide the following services including but not limited to:
collect and review financial reports (balance sheet and income statement of 2023 where available.
Adjust collected financial reports where needed with cooperative staff.
in absence of financial reports, use financial data recorded in books of accounts to generate financial reports (balance sheet and income statement)
in absence of both financial reports and books of accounts, collect project MEL financial data from supporting documents (bank statement mainly:
Income distributed to members.
Debt contracted in 2023.
member equity invested in cooperative in 2023.
2023 annual sales
Submit a final assignment report with annexes of revised / final 2023 financial reports of CORE partner cooperatives.

Activity/Deliverable   Deliverables/ Description of activity  Estimated LOE (Days)   Due time

  • Orientation meeting with CORE staff  Meet with CORE staff to get:
    assignment orientation overview of the financial metrics and tools  1 (Day) Due 29th April 2024.
  • Collect and review financial reports of 2023 and CORE financial indicators. Submitted financial reports of all cooperatives and summary of financial data indicators of all cooperatives.  15 (Days) Due  21st May 2024.
  • Assignment progress review ,Presentation of financial reports  and Finetuned financial report and summary of financial data indicators of all cooperatives as per CORE inputs . 4 (Days) Due 28th May 2024.
  • Assignment report, Final assignment report with annex of:
    Cooperative financial reports which include CORE team inputs
    summary of financial data indicators of all cooperatives. 6 (Days) Due 7th June 2024. 
  • Total Days =26 

Consultant Qualifications

The desired consultant is expected to have the following skills and qualifications:
Educational Background: University degree in finance or accounting or another related field
At least 5 Practical experience in finance, accounting and financial reporting with farmer-based organizations, cooperative organizations, or agribusiness small and medium enterprises in Zambia.
Experience in building capacity of agriculture cooperatives in financial management.
Experience in using accounting software is an asset.
Knowledge of the dairy, Irish potato, maize, and horticulture sector in Rwanda would be a considerable advantage.
Fluent in Nyanja/Nsenga/ Chewe, Bemba and English
Skilled in developing reports.
Available for assignment as to the indicated period.

Interested consultants are encouraged to send their cover letter explaining their interest and justifying their suitability to this assignment, daily rate/consultancy fees, CVs and at least 2 certificates of completion of similar assignments to [email protected] no later than April 12th, 2024, at 5:00PM Zambian time. The title of the email must include “CORE Baseline Financial Data Consultant.”

To apply for this job email your details to Procurement.CDP@landolakes.org


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