Navigating Your Financial Future with Expertise

Sound Technical and Financial Management is integral to delivering value for money for our clients/donor funded programmes. Our role at Baker Tilly is to provide assurance to our clients that their inputs are in safe hands while simultaneously implementing innovative approaches and interventions to maximize impact. Our Fund and Grant Management service offerings are centered at all stages of the grant and fund management cycle: Pre- Award, Award and Post Award.

Providing Fund Management services on behalf of a client involves a comprehensive approach to managing, monitoring, and reporting on financial resources to ensure they are used efficiently and effectively in achieving program objectives.

Our Fund Management services offerings

Financial Planning and Budgeting

  • Assist in the development and refinement of annual budgets and financial plans, aligning them with donor’s strategic objectives and program goals.

Fund Disbursement Management

  • Implement systems for the controlled disbursement of funds to partners to ensure that expenditure is made as planned and within budgetary constraints.
  • Develop and maintain protocols for fund requests and releases, ensuring timely financial support to program activities without compromising financial control.

Financial Monitoring and Reporting

  • Conduct regular financial monitoring to track expenditures against budgets, identifying variances and recommending corrective actions.
  • Prepare detailed financial reports for internal stakeholders and external donors, showcasing the transparent and effective use of funds.

Compliance and Risk Management

  • Ensure compliance with donor requirements, local and international financial regulations, and internal financial policies and procedures.
  • Conduct risk assessments related to fund management, implementing measures to mitigate financial risks.

Fund and Grant Management support

  • Offer grant management support, including the administration of donor funds, ensuring compliance with grant conditions, and reporting on fund utilization.
  • Develop and maintain strong communication channels to ensure consistent updates on program progress and financial status.

Audit and Assurance Services

  • Facilitate internal and external audits, coordinating with auditors to ensure a smooth process and addressing any findings or recommendations.
  • Provide assurance services to verify the accuracy of financial statements and the proper use of funds.

Capacity Building and Training

  • Review the fund management framework, including financial controls, reporting requirements, and disbursement processes to identify any deficiencies.
  • Recommend improvement to the financial management capacity and control mechanisms of processes and procedures.
  • Develop financial management tools and resources tailored to the needs of the program.

Financial Systems and Technology

  • Advise on and implement financial management information systems to streamline financial operations, enhance data accuracy, and improve reporting capabilities.
  • Provide support for the integration of financial systems with other organizational systems to ensure cohesive management information.

Strategic Financial Advisory

  • Offer strategic advice on financial management practices, investment strategies, and resource allocation to support client’s long-term sustainability and impact goals.
  • Participate in strategic planning sessions to align financial management strategies with organizational priorities.

Sub- Grant Management

  • Manage sub-grants, including financial oversight of sub-grantees, to ensure compliance with main grants and effective use of funds in achieving sub-project objectives.
  • Implement monitoring mechanisms to track the performance and financial accountability of sub-grantees.

Contact us today through the team below and let’s work together.