REQUEST FOR EXPRESSIONS OF INTEREST CONSULTING SERVICES: Financial Management Specialist for the Department of Tax and Customs (DoTC)

Institution: Inter-American Development Bank (IDB)
Country: Republic of Suriname
Project: Fiscal Support Program to Regain Growth (FISREG) SU-L1060
Sector: Reform/modernization of the state-fiscal policy for sustainability and growth
Abstract: Financial Management Specialist for the Department of Tax and Customs (DoTC)
Loan No.: 5727/OC-SU
Contract No.: SU-L1060-P00071-FISREG-CS-IC-012
Deadline: October 13, 2025
The Ministry of Finance and Planning has received financing from the Inter-American Development Bank (IDB)
toward the cost of the Fiscal Support Program to Regain Growth (FISREG), and intends to apply part of the proceeds
for consulting services.
The consulting services (“the Services”) includes:

• Assessing the current financial standings of DoTC.
• Supporting the financial aspects of the organizational transition from DoTC to SARA.
• Leading financial planning, forecasting, budgeting, and resource allocation to ensure fiscal integrity and
  sustainability.
• Conducting a comprehensive assessment of current financial management practices.
• Identifying gaps relative to the financial governance requirements of the new organization.
• Developing and implementing improved financial workflows, reporting mechanisms, and budgetary controls.
• Promoting transparency, accountability, and performance-oriented financial management.
• Communicating financial information and resource plans clearly to internal and external stakeholders.
• Enabling informed decision-making and maintain transparency throughout the transition period.
• Providing practical assistance and solutions to financial problems that arise from the transition to SARA.
• Contributing to the institutional strengthening of DoTC by providing knowledge sharing sessions and learning
  on the job practices for local staff.
  The Program Implementation Unit (PIU) FISREG of the Ministry of Finance and Planning now invites eligible
  “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information
  demonstrating that they have the required qualifications and relevant experience to perform the Services.
  QUALIFICATIONS:
  The consultant should have a minimum of the following:

1. A master’s degree in public financial management, Economics, Public Administration, Accounting, Finance, or
   a closely related field. A specialization in fiscal reform or public sector financial systems is preferred.
2. At least 10 years of progressively responsible experience in financial management, with a strong track record
   in budget planning, forecasting, and resource allocation within public institutions or reform contexts.
3. Demonstrated experience advising government entities on fiscal modernization, public financial management
   (PFM) reforms, and the implementation of budgetary frameworks aligned with international standards.
4. Proven ability to design and implement financial planning tools, internal control frameworks, risk
   management and performance-based budgeting systems in support of institutional transitions.
5. Experience leading or contributing to capacity-building efforts in PFM, including training government staff,
   facilitating workshops, and developing financial management manuals or guidelines.
6. Strong analytical and quantitative skills, with the ability to assess financial performance, conduct cost-benefit
   analysis, and identify opportunities for efficiency and optimization. This includes capabilities typically
   expected from a Cost Analyst, such as evaluating cost structures and recommending cost-saving measures.
7. Demonstrated proficiency in financial oversight roles equivalent to a Financial Manager, including tracking
   expenditures, ensuring regulatory compliance, and aligning financial planning with operational and strategic
   objectives.
8. Excellent written and verbal communication skills, with the ability to produce clear financial reports, policy
   briefs, and presentations for both technical and non-technical audiences.
9. Proficiency in preparing structured financial reports, variance analyses, and budget execution reviews, using
   financial data to inform decision-making.
10. Familiarity with Suriname’s fiscal and institutional environment, particularly the mandates of the Directorate
    of Tax and Customs (DoTC), is considered a strong advantage.
11. Ability to provide professional references from similar assignments involving fiscal reform, public sector
    finance, or donor-funded technical assistance projects.
    Consultants will be selected in accordance with the procedures set out in the Inter-American Development Bank:
    Policies for the Selection and Contracting of Consultants financed by the Inter-American Development Bank GN2350-15 and is open to all eligible bidders as defined in the policies.
    A Consultant will be selected in accordance with the “Selection of Individual Consultants” method set out in the
    Consultant Policies.
    Further information including a full Terms of Reference must be obtained by sending an e-mail to the e-mail
    address below during office hours: 08:00 a.m. to 15:00 p.m. Suriname Time (SRT).
    Expressions of interest and Curriculum Vitae must be delivered by e-mail by October 13, 2025 before 14:00 p.m.
    Suriname Time (SRT).
    Program Implementation Unit FISREG
    Attn: Gaitrie Mohan-Sitaram, Procurement Specialist
    Watermolenstraat 50-52 1
    st Floor
    Paramaribo, Suriname
    Tel: +597 470064/ 470065
    E-mail: [email protected]