Chris Coleman says he will speak to the Football Association of Wales in the coming days to discuss the vacant manager's position.
Former defender Coleman, 41, has already expressed his desire to be Gary Speed's successor and is willing to work with the existing staff.
He is one of a number of candidates to interest the FAW as it aims to make an appointment inside the next week.
"I'll meet the FAW this week to discuss the situation," he told Sky Sports.
"It is a very sensitive situation so if I am offered the job and I accept it I'll have mixed emotions."
Coleman has emerged as a strong favourite to take over from Speed, who died at the end of November.
"I don't think you turn [Wales] down so the conversation will take place this week and we'll see what happens," added former Fulham and Coventry manager Coleman, who was interviewed for the job during the process that led to Speed's appointment in December 2010.
"Ideally Speed would still be sitting here doing a great job for our country."
The process to appoint a new manager has accelerated over the past few days as the FAW attempts to tread carefully under difficult circumstances and ensure a smooth transition from the structure put in place by Speed over the past 12 months.
Assistant manager Raymond Verheijen and coach Osian Roberts have received the backing of many of the players to retain their positions, with captain Aaron Ramsey particularly strong in his belief that as "little change as possible" should take place.
Coleman, who resigned as manager of Greek side Larissa last week, is open to the prospect of inheriting Speed's backroom staff, saying last week: "If it ain't broke, you don't fix it."
John Hartson, who has no managerial experience, is the only other candidate to publicly state his desire to take over.
But as the news emerged of Coleman's impending talks with the FAW, former Wales striker Hartson appeared resigned to that fact he would miss out.
"The word on the street we're all hearing is that he [Coleman] will be appointed this week and good luck to him," he said.
"He's vastly experienced - he's managed in the Premier League, he's managed in Spain, he's managed in Greece and he's had a short spell in Coventry.
"He's a great fella, a Swansea boy like myself. I really hope he does well and carries on the good work that Gary has already put down there."
Ryan Giggs has been suggested by many as the ideal candidate but Manchester United's decision to give him a new contract suggests he will be tied to Sir Alex Ferguson's team.
Wales won four of their last five internationals before Speed's death in November and made the biggest leap in the Fifa rankings in 2011 by moving to 48th place from 113th in the world.
Their next game is a friendly against Costa Rica in Cardiff on 29 February, a match organised as a memorial to Speed.
The next competitive fixture is at home against Belgium on 7 September when the 2014 World Cup qualifying campaign gets under way.