Strategic Financial Consultant Page Is Loaded Strategic Financial Consultant

Qualifications

• Minimum bachelor’s degree in business, finance, or similar/proven work experience
  

• At least 7 years’ experience in non-profit business, administration, finance, or operations
  

• Strong project management and analytical skills
  

• Excellent writing and communication skills
  

• Proven track record of completing similar work
  

Qualifications

• Minimum bachelor’s degree in business, finance, or similar/proven work experience
  

• At least 7 years’ experience in non-profit business, administration, finance, or operations
  

• Strong project management and analytical skills
  

• Excellent writing and communication skills
  

• Proven track record of completing similar work
  

Elements of the consultancy will include but are not limited to:

• Describe the process of independent legal registration options, including registering a 501(c)3 organization incorporated in Washington, DC, and other legal statuses in Europe and Kenya
  

• Quantify the cost and process of initial registration, including the length of time it takes to register, in each scenario
  

• Describe the costs of creating operational, financial and IT systems to run a successful nonprofit in each scenario, considering the following:
  

  • The current contract and benefits package offered to the 8 full-time ECDAN staff who are PATH employees in the United States and in Kenya
    

  • Annual expenditure of $2-$3 million and growing, and costs of an annual external audit
    

  • Legal and contracting needs, financial management and reporting to 10+ foundation donors which require regular (annual, bi-annual, or quarterly) reports and 20+ outgoing agreements per year
    

• Describe and cost the policies that ECDAN would need to develop to be independent related to human resources, financial management, travel, IT, governance (by-laws), and more, and how they differ per each location
  

• Calculate the cost of renting office space or meeting space, noting any rules that apply for legal entities to have a physical address
  

• Fully outline the services PATH provides and real costs ECDAN has paid within PATH’s cost structure
  

• Describe and cost any other operational, administrative, or financial needs to sustain a successful nonprofit not listed above
  

• Create a summary report which makes explicit the costs and benefits of the different options and how they compare to PATH’s current cost structure Make recommendation on the cost effectiveness of ECDAN becoming an independent nonprofit based on cost effectiveness and sustainability
  

• Create a summary report of all costs to transition ECDAN from PATH and sustain ECDAN’s operations during the first two years as an independent organization
  

Start up

Timeframe: October (Report to be completed by 10/15)

• Inception meeting with Secretariat leadership
  

• Follow up meetings with ELC leadership, PATH staff to clarify vision and current situation
  

• Review of key documents to further inform ECDAN’s current needs and future vision
  

• Inception report outlining the steps and confirming timelines
  

Development

Timeframe: October-November (Matrix to be completed by 11/18)

• Matrix framework of options vs. elements to consider
  

• Meeting with Secretariat leadership for feedback on draft matrix
  

• Notes and resource links from research and interviews
  

• Completed matrix with summarized findings
  

Completion

Timeframe: December (1st draft to be completed by 12/3, final by 12/17)

• Draft written report with pros and cons of the different options and an ultimate recommendation
  

• Meeting with Secretariat leadership for feedback on draft report
  

• Finalized report