Financial Consultant TOR

1. Background

Habitat for Humanity International (HFHI) is an international non-profit organization with a vision of a
world where everyone has a decent place to live, this ballooning problem gives us a sense of urgency.

Even though we have increased our impact 100-fold over the last 15 years, we are not satisfied – and
we will not be until our vision is reality.

We began as a grassroots movement in 1976, encouraging local Habitat entities to spring up across
the globe. Today, Habitat works in 70 countries, and all 50 U.S. states and Puerto Rico. 
To make significant progress, we must evolve how Habitat for Humanity works, coming together as one
global network to step up our impact.

Our strategic plan for fiscal years 2025-2027 focuses on readying ourselves for our next 50 years of
impact by aligning the Habitat network behind the ideas we believe will drive scale as our 50th
anniversary approaches.

We have set an ambitious goal of increasing access to affordable housing for
50 million people – and that is why we are calling this plan “50 for 50: Readying for Our Next 50 Years
of Impact.”

Habitat for Humanity Tanzania is a local registered NGO with a vision to see a nation where everyone
has a decent place to live. The organization has the mission to put God’s love into action by bringing
people together to build homes, communities, and hope. The organization has been in Tanzania since
1986, working to improve housing for low-income families through our four pillars: Habitability,
Affordability, Basic Services, and Protection of land tenure.
The organization is governed by a Board of Directors who meet on a quarterly basis.
Habitat for Humanity Tanzania (HFHT) invites proposals from qualified Individual Financial Consultant.

2. Objectives of the Assignment

The Financial Consultant will be responsible for the following key objectives:
i. Preparation of Financial Statements – Collaborate with finance staff to prepare financial
statements in accordance with the applicable Accounting and Financial Reporting Standards, as
required.
ii. Board and Committee Reporting – Attend and support Board Finance Committee meetings,
including preparation of minutes. Provide quarterly financial reports to the HFHT Board,
ensuring an accurate and transparent presentation of the organization’s financial health.
iii. Compliance Assurance – Verify adherence to relevant accounting standards, regulatory
requirements, and internal policies to maintain financial integrity.
iv. Legal and Regulatory Compliance – Ensure compliance with all applicable local, national, and
international laws and regulations to mitigate legal risks and reputational exposure.
v. Governance and Transparency Enhancement – Strengthen financial transparency,
accountability, and governance within the organization through best practices.
vi. Finance Management and Budgeting – Act in the capacity of a Finance Manager, contributing to budget preparation during proposal development and managing donor funds post-award.
vii. Internal Financial Systems and Controls – Develop and implement robust internal reporting
systems and mechanisms for checks and balances on financial matters.

3. Scope of Work

i. Work closely with finance staff to ensure timely and accurate financial reporting.
ii. Attend and actively participate in Board Finance Committee meetings, ensuring effective
documentation and record-keeping.
iii. Manage finance risks as per organization risk register.
iv. Manage Compliance tracker with attention to adherence of financial policies and procedures.
v. Oversee donor fund management, ensuring accountability and alignment with funding agreements.
4. Key Performing Indicators
i. Timely preparation of monthly/quarterly/year-end financial statements and Submission of
finance reports to board/committees
ii. Responsiveness to auditor queries and programmatic financial needs
iii. Clarity and quality of financial analysis in reports
iv. Inclusion of strategic insights and risk highlights
v. Maintenance of financial records per regulatory requirements
vi. Disclosure of financial risks and mitigation measures.

5. Deliverables

i. Monthly updated financial statements as per accounting standards and report to National
Director.
ii. Quarterly financial reports for Board presentation.
iii. Quarterly Present financial report and Meeting minutes for the Finance Committee.
iv. Monthly Compliance assessment reports and recommendations.
v. On demand Budget proposals and donor fund management reports.
vi. Framework for internal financial reporting and control systems.

6. Duration and Reporting

i. The Consultant will report to the National Director. The consultant shall regularly meet the
National Director to discuss financial health of the organization. The meeting shall be of a
monthly catch up.
ii. Duration of the contracts is One year, paid on quarterly basis. The consultant will be required to
work 44 days per contract and report to the office not less than 3days per month.

7. Proposed Fees

The proposed fee for this task/assignment is TZS 1,700,000/= quarterly VAT inclusive.

8. Qualifications and Experience
The ideal individual Financial Consultant should possess:
i. A degree in Finance, Accounting, or a related field.
ii. Must have Professional certification (e.g., CPA, ACCA).
iii. Must have not less than 8years experience in financial reporting, compliance, and donor fund
management.
iv. Strong understanding of accounting standards and regulatory frameworks.
v. Excellent communication skills for Board and stakeholder engagement.

9. Application Process

Proposals must be submitted by 29th June 2025 to the email address
procurement@hfhtanzania.or.tz

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