Request for Expression of Interestopen🌐 World BankOP00456261
Hiring of a Finance & Accounting Director for EMAE — Access to Clean Resilient Electricity under the ASCENT Regional Program - Multi Programmatic Approac
Project Fiduciary and Administrative Agency
Description
REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES) Country : São Tomé and Principe Project : ACCESS TO CLEAN RESILIENT ELECTRICITY PROJECT (ACRE) Loan No./Credit No./ Grant No. : E259-ST Assignment Title: Hiring of a Finance & Accounting Director for EMAE REFERENCE NO .: 59/C/ACRE/2026 The Government of the Republic of Sao Tome and Príncipe (GoSTP) received a grant from the World Bank toward the cost of the Access to Clean and Resilient Energy Project (ACRE), and intends to apply parto f the proceeds for consulting services. The Consulting Services (“the Services”) include leading EMAE’s financial management function, including strategic financial planning, budgeting, forecasting, treasury and cash-flow management, financial control, and the implementation of financial recovery and sustainability measures. The assignment is expected to run until December 2028, with an initial contract duration of 12 months, renewable based on satisfactory performance and project needs. The detailed Terms of Reference (TOR) for the assignment can be obtained at the address given below. The Project Administration and Fiduciary Agency (AFAP) now invites eligible individuals ("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 (attach curriculum vitae with description of experience in similar assignments and similar conditions). Candidates must hold 1) a Master's degree in a relevant field (Business Management, Engineering - preferably Electrical- Marketing, Commercial Law, or equivalent) and; 2) must demonstrate fluency in Portuguese. Candidates who do not meet both requirements will not be considered. The criteria for selecting the Consultant are: (i) Specific experience relevant to the assignment — 40 points At least 10 years of proven experience in Top Management Roles — 7.00 points Experience in Organizational Transformation Processes and Management of Public Companies — 7.00 points Experience in Utility Operations — 7.00 points Experience in Enterprise Planning and Control — 7.00 points Previous experience with budgeting and financial control — 6.00 points Experience working in Africa — 6.00 points (ii) Qualifications and competence for the assignment — 25 points MBA or other Engineering/Management Post-Graduation — 5.00 points Basic knowledge of the Electricity Sector (from a business and management perspective) — 4.00 points Basic knowledge of the Water Sector (from a business and management perspective) — 4.00 points Contract Management — 2.00 points Negotiation experience and capacity — 2.00 points Experience with Financial Management Systems (ex: ERP, Vending Software, etc.) — 4.00 points Ability to present and discuss content with public institutions (Ministry of Finance, Tax Authority, etc.) — 4.00 points (iii) Language — 5 points Fluency in English — 5 points Total: 70 points Following evaluation of the CVs ,of individual consultants will be subject to a competency assessment and interview, after which the best qualified candidate will be invited to contract negotiations and signing. The attention of interested Consultants is drawn to paragraphs 3.14, 3.16, and 3.17 of the World Bank's Procurement Regulations for IPF Borrowers ("the Regulations"), setting forth the World Bank's policy on conflict of interest. Consultants are advised to limit their Expression of Interest to 10 pages. Expressions of interest must be delivered in written form to the address below (in person or by e-mail) by 12 August 2026 at 23:45 (local time), referencing: "Expression of Interest – Hiring of a Finance & Accounting Director for EMAE – Ref. 59/C/ACRE/2026". Further information can be obtained at the address below during office hours, from 08:00 to 16:00. Agência Fiduciária de Administração de Projectos (AFAP) Attn: Hélio Silva Almeida, General Director Avenida Kwame N'Krumah, Edifício Afriland First Bank STP, 2.º Andar São Tomé, São Tomé and Príncipe Tel: +239 222 52 05 E-mail: rh.executive@afap.st | dg.procurement@afap.st
Details?
- Posted
- Jul 23, 2026
- Response deadline
- Aug 12, 2026, 11:45 PM UTC (20d)
- Type
- Request for Expression of Interest
- Category
- Request for Expression of Interest
- Procurement method
- Individual Consultant Selection
- Status
- open
- Buyer
- Project Fiduciary and Administrative Agency
- Jurisdiction
- World Bank
- Reference #
- OP00456261
- Solicitation #
- 59/C/ACRE/2026
- Country
- Sao Tome and Principe
- Notice Text
-
- Project Name
- Access to Clean Resilient Electricity under the ASCENT Regional Program - Multi Programmatic Approac
- Notice Status
- Published
- Bid Description
- Hiring of a Finance & Accounting Director for EMAE
- Contact Address
- Avenida Kwame Nkruma Prédio da Afriland First Bank - 2º andar CP 1029 São Tomé S. Tomé e Príncipe
- Notice Lang Name
- English
- Procurement Group
- CS
- Procurement Method Code
- INDV
- Submission Deadline Time
- 23:45
Contact
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