Terms of Reference (ToR)
Consultancy for Comprehensive Financial Policy Review, Vetting, Strengthening, and Compliance Integration Aparajeyo-Bangladesh (AB)
1. Background
Aparajeyo-Bangladesh (AB) is a leading national non-governmental organization working to uphold the rights, protection, participation, and well-being of children, adolescents, youth, women, and vulnerable communities across Bangladesh. Through its diverse programmes and partnerships, AB promotes child protection, education, safeguarding, gender equality, youth empowerment, humanitarian response, and community development while maintaining strong commitments to accountability, transparency, ethical governance, and organizational sustainability.
As part of its continuous institutional strengthening efforts, Aparajeyo-Bangladesh seeks to review, vet, and strengthen its existing financial policies, systems, procedures, and internal control mechanisms to ensure that the organization remains fully compliant with national legal frameworks, donor requirements, international standards, and emerging accountability expectations.
Given the increasing importance of safeguarding, Prevention of Sexual Exploitation and Abuse (PSEA), anti-fraud compliance, ethical resource management, accountability to affected populations, and gender-transformative programming, AB recognizes the need to ensure that these principles are fully integrated into financial management systems, operational procedures, procurement processes, partnership arrangements, and organizational governance structures.
Therefore, Aparajeyo-Bangladesh intends to engage a qualified consultant or consulting firm to conduct a comprehensive financial policy review and vetting process, identify gaps and risks, strengthen institutional accountability systems, and develop updated, practical, and context-responsive financial policy frameworks and implementation guidelines.
The consultancy is expected to contribute to stronger organizational governance, transparent financial management, risk mitigation, donor confidence, safeguarding compliance, and long-term institutional sustainability.
2. Purpose of the Consultancy
The purpose of this consultancy is to conduct a comprehensive review, assessment, vetting, and strengthening of Aparajeyo-Bangladesh’s financial policies, procedures, systems, and internal controls to ensure:
- Full compliance with applicable laws, regulations, and donor requirements;
- Strengthened organizational governance and accountability;
- Enhanced financial transparency and internal control mechanisms;
- Integration of safeguarding, child protection, and PSEA principles into financial and operational systems;
- Strengthened anti-fraud, anti-corruption, and ethical financial management measures;
- Improved financial sustainability and institutional effectiveness;
- Promotion of gender-transformative, inclusive, and rights-based organizational practices;
- Alignment with international NGO/INGO financial management standards and best practices.
3. Objectives of the Assignment
The specific objectives of the consultancy are to:
- Conduct a comprehensive review of existing financial policies, systems, SOPs, internal controls, and compliance mechanisms of Aparajeyo-Bangladesh;
- Assess the effectiveness, practicality, and compliance status of existing financial management systems and operational procedures;
- Identify gaps, risks, inconsistencies, and areas requiring strengthening, particularly in relation to:
- Financial accountability;
- Internal controls;
- Procurement and asset management;
- Fraud prevention;
- Safeguarding and PSEA risk mitigation;
- Donor compliance;
- Ethical financial management;
- Partner/sub-grantee management;
- Financial sustainability.
- Vet financial policies and procedures against:
- Bangladesh laws and regulations;
- NGO Affairs Bureau requirements;
- Labour, taxation, and audit regulations;
- Donor compliance frameworks;
- International NGO/INGO financial management standards;
- Safeguarding and PSEA compliance standards;
- Anti-money laundering and anti-corruption principles.
- Integrate safeguarding, child protection, gender equality, disability inclusion, and PSEA considerations into financial and operational systems, including:
- Procurement;
- Vendor management;
- Partnership agreements;
- Cash handling systems;
- Complaint and reporting mechanisms;
- Human resource-related financial procedures.
- Strengthen institutional accountability, risk management, transparency, and ethical governance mechanisms;
- Develop revised and user-friendly financial policy documents, SOPs, tools, and implementation guidelines;
- Facilitate consultations, validation workshops, and training sessions for staff and management on revised financial policies and safeguarding-sensitive financial practices.
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Application Deadline: 15th of May, 2026 |