Financial Management Specialist Sought for Philippines Teacher Enhancement Project

The FM Specialist will work with the TEACEP Project Integration and Coordination Office (PICO) in (a) the semestral consolidation of eligible expenditure programs, preparation, and validation of Financial Accounting Reports; (b) development of financial projections for Calendar Year (CY) 2026-2028; and (c) preparation of the semestral cash forecast.

Additionally, the said FM Specialist will also directly engage with the Project-supported areas, ensuring hands-on involvement in financial management and fostering seamless coordination with both the project team, DepEd Finance Service, and the Project Management Service.

Upon completion or perfected contract, the FM Specialist will be formally onboarded, integrating them into the project with necessary resources and support to begin their role effectively. The detailed TOR for the assignment is attached to this request for expressions of interest. The DepEd now invites eligible individual consultants to indicate their interest in providing the Services.

Interested Consultant should provide information demonstrating that s/he has the required qualifications and relevant experience to perform the Services.

The Shortlisting criteria are: QUALIFICATIONS Means of Validation (MOV) Education Certified Public Accountant Professional Transcript of Records / Diploma/Certificate issued by PRC Experience Preferably five (5) years of experience in financial management preferably in the public and/or development sectors and/or foreign assisted projects Personal Data Sheet (PDS) and Work Experience Sheet (WES)/Curriculum Vitae, Certificates and Project documentation / financial documents showcasing the candidate's involvement in specific financial tasks Training: Preferably with training relevant to financial management or accounting within the last five (5) years, demonstrating continuous professional development Certificate of Participation Preferably based in the Philippines PDS and any valid ID that specifies address The attention of interested consultants is drawn to Section III, paragraphs 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” , dated November 2020 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest and consulting services.

A Consultant will be selected in accordance with the Competitive Selection of Individual Consultants method set out in the World Bank Procurement Regulations dated November 2020. Further information can be obtained at the address below during office hours, from 9:00a.m to 5:00p.m.

Expressions of interest must be delivered in a written form to the address stated below (in person, or by mail, or by fax, or by e-mail) on or before December 21, 2025. Bids and Awards Committee VI Attn: Assistant Secretary Carmela C. Oracion c/o Procurement Management Service-BAC Secretariat Division Rm.

M-512, 5th Floor, Mabini Bldg., DepEd Central Office Complex, Meralco Avenue, Pasig City, Philippines, 1600 Tel: 8633-9432 or 8636-6542 E-mail: depedcentral.bacsecretariat@deped.gov.ph Teacher Effectiveness and Competencies Enhancement Project (TEACEP) Project Management Service TERMS OF REFERENCE Financial Management Specialist PROJECT BACKGROUND The Department of Education (DepEd), together with World Bank (WB), developed the Teacher Effectiveness and Competencies Enhancement Project (TEACEP) with loan financing of USD 110 million comprised of USD70 million allocation for Performance-Based Conditions (PBCs), and USD40 million allocation for Investment Project Financing (IPF) which is implemented from Fiscal Year (FY) 2023-2028.

TEACEP is designed to support the government’s priority education reforms, focusing on enhancing teaching quality for literacy, numeracy, and socioemotional skills for kindergarten to grade 6, and ultimately to improve reading and math learning outcomes among elementary students in selected regions in Mindanao.

Moreover, the identified Project Development Objective (PDO) is to improve the quality of and equitable access to teaching in Kindergarten to Grade 6 (K-6) in Project-supported areas, namely Region IX, Region XII, and Bangsamoro Autonomous Region of Muslim Mindanao (BARMM).

TEACEP is composed of three (3) components to achieve its PDOs: 1) Component 1 – Supporting teachers and school leaders in improving teaching practices; 2) Component 2 - Providing adequate materials for effective teaching and learning; and 3) Component 3 - Project management, monitoring and evaluation.

In terms of project management, monitoring, and reporting of activities and milestones, the Project Management Service (PMS) as the lead implementing office, will collaborate with the Project Implementation Units (PIUs) within DepEd Central Office (CO), Regions IX and XII, and the Ministry of Basic, Higher and Technical Education (MBHTE).

A Project Integration Coordination Office (PICO) will be established comprising of technical staff to be deployed at the CO and at the Project-supported regions. The PICO will generally support coordination among the Project Steering Committee (PSC), Project Management Committee (PMC), and Technical Working Groups (TWGs), providing guidance on project outputs and schedules.

Further, the PICO and concerned PIUs will work directly with a procured consultancy firm in carrying out the implementation of project activities. In support of the achievement of the Project objectives, it is necessary to secure various deliverables for the Project including goods, non-consulting services, and consulting services through procurement processes.

As stipulated in the Project’s loan agreement, all procurement of goods, non-consulting services, and consulting services funded under the loan whether as part of PBC component or the expenditure-based component pertaining to IPF must adhere to the WB’s Procurement Guidelines for Implementing Agency.

In relation to this, a Financial Management (FM) Specialist will be procured to work with the PICO to provide consulting / technical expertise on the financial implementation of the project. OBJECTIVE The FM Specialist will provide financial expertise, and collaborate closely with PMS and Finance Service (FS) throughout the project’s implementation.

The FM Specialist will also engage directly with the Project-supported areas, allowing for hands-on involvement in financial aspects and fostering seamless cooperation with both the Project team, FS, and PMS. This approach ensures a well-rounded and coordinated implementation of the Project's objectives.

SCOPE OF WORK Under direct supervision of the Head of the PICO, the FM Specialist which will be stationed at the PMS, will undertake the following tasks related to the implementation of the TEACEP, among others: Ensure that funds intended for TEACEP are properly managed and utilization of which are compliant with the government and WB guidelines; Collate, consolidate, and review financial information collected from the field; Consolidate and review financial information for accuracy, consistency, and compliance; Ensures prompt submission of reports in coordination with FS to oversight agencies (e.g., Commission on Audit, Department of Budget and Management, Department of Finance, Department of Economy, Planning, and Development), PMS, Project Manager, PIUs, and the Accounting Division (AD) of DepEd; Prepare project physical and financial implementation plan and other financial documents and/or requirements by the oversight agencies and development partners; Consolidate financial reports for submission aligned to the standards and requirements of WB; Ensure prompt disbursement of loan proceeds of various projects and recommend actions in anticipation of issues and concerns; Prepare withdrawal applications and statement of expenditures chargeable against loan proceeds; Ensure accurate documentation of expenditure-related information for auditing and reporting purposes; Provide technical assistance and inputs to project teams on finance-related matters; Assist in clarifying financial processes, regulations, and reporting requirements to enhance team understanding; Participate in the periodic meeting, focus group discussion (FGD), mission and other relevant project activities to provide financial insights and expertise (if necessary); Furnish Head of the PICO the Project’s financial accomplishment (input to Official Development Assistance (ODA) Reports and Project Completion Report); Collaborate with relevant stakeholders to accurately document financial achievements for reporting purposes; Perform other tasks as may be assigned by the PMS head of office, Chief Accountant, and Head of Budget Division related to the Project; and Collaborate with other Project team members and stakeholders to ensure financial alignment with Project goals.

DELIVERABLES/EXPECTED OUTPUTS: The provision of FM Specialist to the PICO at DepEd CO is expected to generate the following outputs.

Detailed analysis and documentation of compliance findings with government and WB guidelines, highlighting any deviations and recommending corrective actions; Organized and accurate reports containing consolidated financial data; Accurate and comprehensive financial reports that align with regulatory requirements; Documented financial implementation plan that aligns with Project goals and guidelines; Efficient disbursement processes that ensure funds are utilized as intended; Comprehensive documentation of withdrawal applications that align with loan guidelines; Effective guidance and support provided to Project teams to enhance financial management practices; Detailed financial accomplishment reports contributing to overall project reporting; Timely and effective execution of additional tasks as required REQUIRED QUALIFICATIONS In order to carry out the roles and responsibilities, the FM Specialist shall be evaluated based on the following qualifications: QUALIFICATIONS Means of Validation (MOV) Education Certified Public Accountant Professional Transcript of Records / Diploma/Certificate issued by PRC Experience Preferably five (5) years of experience in financial management preferably in the public and/or development sectors and/or foreign assisted projects Personal Data Sheet (PDS) and Work Experience Sheet (WES)/Curriculum Vitae, Certificates and Project documentation / financial documents showcasing the candidate's involvement in specific financial tasks.[AS1] Training: Preferably with training relevant to financial management or accounting within the last five (5) years, demonstrating continuous professional development[AS2] [MG3] Certificate of Participation Preferably based in the Philippines [AS4] PDS and any valid ID indicating address WORKING ARRANGEMENT The FM Specialist shall work closely with the PICO/PMS and FS in providing coordination support to the PSC, PMC, and TWGs and advise the respective entities on their required outputs and schedules.

The PICO will provide a specific office space within DepEd CO for all individual consultants. Thus, the FM Specialist must report to the office at the least once a week or as often as may be required. TERMS OF PAYMENT The contract duration of the FM Specialist is thirty (30) months, subject to the availability of allotment and performance evaluation.

The payment of salary shall be made monthly upon the submission of accomplishment report and certificate of service rendered signed by the Head of Office or End User following all prescribed accounting rules and regulations. Agency: Department of Education Procurement method: Individual Consultant Selection Notice type: Request for Expression of Interest Status: Published Value: 89767.0 USD