ActionAid Consultancy: Review and Revision of Financial Management Framework (FMF) Policies|Deadline 25 Jun 2026
ActionAid is inviting experienced consultants to support a comprehensive review and revision of its Financial Management Framework (FMF) policies. This consultancy focuses on strengthening financial systems, improving flexibility, and ensuring alignment with current funding models and partnership approaches, particularly those involving social movements.
The assignment is part of ActionAid’s ongoing effort to ensure its financial governance remains transparent, adaptive, and fit for purpose in a rapidly evolving development sector.
About the Assignment
The selected consultant will conduct a full review of ActionAid’s Financial Management Framework, which includes policies related to:
- Treasury management
- Organizational reserves
- Procurement systems
- Accounting frameworks
- Financial control systems
- Income and expenditure management
- Fixed and intangible assets
- Liabilities and risk exposure
- Record keeping and documentation
- Exchange rate management
- Financial planning and reporting
- Value for money principles
- Audit and compliance
- Taxation and financial regulation
The overall aim is to ensure that financial policies support both compliance and effective collaboration with partners and social movements.
Key Objectives of the Consultancy
The consultancy focuses on reviewing, analyzing, and improving financial governance systems.
Core objectives include:
- Assessing the relevance of current FMF policies
- Identifying gaps in financial procedures and controls
- Benchmarking policies against sector best practices
- Improving alignment with donor expectations and funding models
- Strengthening flexibility for partnership-based programming
- Enhancing financial accountability and transparency
Scope of Work
Policy Mapping and Review
- Identify all existing financial policies and procedures
- Map how policies apply across ActionAid’s operating model
- Review consistency and coverage of financial governance systems
Gap Analysis and Benchmarking
- Evaluate policies against current sector standards
- Compare with peer organizations and donor requirements
- Identify outdated or restrictive provisions
Stakeholder Engagement
- Consult finance, programme, and compliance teams
- Engage legal and governance stakeholders
- Include input from partners and social movement representatives
- Identify operational challenges in implementing FMF policies
Policy Revision and Development
- Draft updated financial policy recommendations
- Ensure compliance while improving flexibility
- Address barriers affecting partnerships and collaboration
- Strengthen risk-sharing and due diligence approaches
Validation and Approval
- Present revised policies for stakeholder feedback
- Incorporate revisions based on consultations
- Support governance approval processes
Implementation Support
- Develop guidance notes and operational tools
- Create standard operating procedures (SOPs)
- Support staff orientation and training sessions
Monitoring and Learning
- Track implementation of revised policies
- Gather feedback from users and teams
- Recommend further improvements where needed
- Ensure policies remain clear, coherent, and accessible
Required Experience and Expertise
The consultancy is suited for professionals with strong expertise in financial management systems and organizational policy development.
Required qualifications include:
- 5–9 years of relevant professional experience
- Strong background in financial management or administration
- Experience reviewing or developing financial policies
- Knowledge of NGO or international development finance systems
- Understanding of donor compliance frameworks
- Experience working with complex partnership-based funding models
Desired Skills
Additional advantages include:
- Experience working with social movements or grassroots partners
- Strong analytical and policy development skills
- Familiarity with flexible financing and adaptive funding models
- Experience in organizational change processes
- Strong stakeholder facilitation and consultation skills
- Ability to translate technical policies into practical guidance
Expected Outcomes
The consultancy is expected to deliver:
- A comprehensive review report of current FMF policies
- Gap analysis and benchmarking findings
- Revised and updated financial policy framework
- Practical implementation tools and guidance documents
- Staff briefing and training materials
- Recommendations for ongoing improvement
How to Apply
Interested consultants should request full Terms of Reference (ToR) and application details directly from:
Chris Homann (he/him)
Email: chris.homann@actionaid.org
Applicants are encouraged to carefully review the ToR before submitting their proposal.
Final Note
This consultancy offers an opportunity to contribute to strengthening financial governance in a major international NGO. The work is particularly important for improving how financial systems support collaboration with social movements while maintaining strong accountability and compliance standards.
Join Our WhatsApp Community
Disclaimer: Remote Job Opportunities (RJO) is not the organization offering this opportunity. For any inquiries, please contact the responsible organization directly. Please do not send your applications to RJO, as we are unable to process them. Due to the high volume of emails we receive daily, we may not be able to respond to all inquiries. Thank you for your understanding.
