After decades of military rule, in 2011 a transformation towards a market-oriented economy and democratic society began in Myanmar. Despite visible political progress, there is still a highly restrictive regulatory environment and a weak banking and financial sector which holds back the economic development of thecountry.
GIZ's Financial Sector Development project in Myanmar promotes stable and inclusive growth of financial services in Myanmar. Transparency and standardization of local banks' financial reporting has been identified as a critical factor for improving access to capital investment and ensuring sustainable financial services are offered in Myanmar.
This tender is for a pilot program with the objective to improve the financial reporting of 3 non-state owned Myanmar banks. The pilot program has the goal to enable those banks to produce annual financial Statements consistent with the International Financial Reporting Standards (IFRS) by the end of the cooperation period.
Tasks and responsibilities will comprise dedicated support to engage in a ‘full scope’ transformation of each individual Pilot Bank to migrate to IFRS. In addition, the program requires support to an intra-governmental committee that is overseeing Myanmar's banking sector transition to IFRS so that lessons learned can be shared with the whole sector. That committee includes stakeholders such as the Myanmar AccountancyCouncil, the Central Bank of Myanmar, the Myanmar Institute of Certified Accountants, the Myanmar Banks Association and the Office of the Union Auditor General.
The duration of the assignment will last from 05/2017 till 10/2019. Location of the assignment is in Yangon,Myanmar.
Design and development of qualifying specialized applications with analysis functionalities.
Implementation of specialist applications in Federal Office of Economics and Export Control (BAFA).
For BAFA's strategic objective is to harmonize the IT structures (database development environment, software technology). For this purpose the existing heterogeneous software architecture is given. Whereas it is understood from the following existing development environment:
- Server layer: JBOSS / wildfly, Windream DMS, CIB document server, Hibernate O / R mapper, Hibernate Search, Spring;
- Database Layer: Oracle 11;
- Client: Rich Client Platform (RCP), Java Swing (on Quasar Framework);
- Development: JDK, Eclipse, Maven, Ant, JIRA, TeamCity.
An integration of BAFA employees is necessary to ensure the independent maintenance and development of the software by BAFA employees after the conversion.