Fiscal Agent Services to the Global Fund
The Fiscal Agent (FA) shall provide a broad range of financial management services to beneficiaries in implementing the activities funded by the Global Fund. The arrangement covers:
Five Hands-On Principal Recipient (“PRs”) , one Hands-on Service Provider,
The Country Coordination Mechanism grant (“CCM grant”) ,four Hands-On Sub Recipients , eight Quarterly Review Sub Recipients and one Quarterly Review Principal Recipient.
The FA shall work with the clients to ensure that all requests to commit funds and/or to make payments as part of the grant implementation are carried out correctly. In this capacity, the FA shall diligently oversee, discharge and perform all services necessary to ensure that all financial management activities are conducted in strict compliance with the principles, rules, and procedures set out by The Global Fund and local Government. The clients work throughout provinces and Sub-Recipients, which are national and international NGOs.
GFA B.I.S. Services
GFA B.I.S. was commissioned by GFA Consulting Group to provide IT consulting services. In a first step, GFA B.I.S. consultants analyzed the accounting systems at the two Principal Recipients (SAP and Quickbooks Enterprise). In a second step, a detailed plan for optimizing and re-configuring of the accounting systems was elaborated together with the partner organizations in order to fulfill the The Global Fund requirements concerning transaction coding and automated enhanced financial reporting. Finally, the consultants monitored the implementation of the re-customization during several missions at site.