Project Description
Financial Management Advisory for Investment Ready clients in Africa aims to further improve the financial management capabilities of potential IFC investment in the African region through a set of designed advisory tools focusing on four main technical pillars:
1. Improving finance department structure and organization;
2. Enhancing working capital management practices;
3.Reviewing and upgrading client’s management information systems (MIS); and
4. Supporting compliance with international financial reporting standards (IFRS) and/or local standards.
The project will include two offering types (Standard & Bespoke) based on a framework of pre-determined criteria that require varying degrees of engagement and tailoring.
1. Standard Offering: Provides an entry point to engage with a wider range of clients. Leveraging the FMA in-house assessment tool, clients are offered a detailed
assessment to identify key challenges across the four intervention pillars, and benchmark against best practices.
2.Bespoke offering: Provides clients with the tailored offering, each client engagement will be designed to address key clients’ bottlenecks in order to mitigate investment requirement on a case-by-case basis.