Request for Expression of Interest- Provision of Internal Auditing Services

BACKGROUND

­­­­­­­­­­­­­­­­­­­­The Federation of Women Lawyers (FIDA) Kenya is a non-governmental, non-political, and non-profit making organization whose main objective is the enhancement and protection of women’s rights through the provision of legal aid, advice, representation, and advocacy. FIDA-Kenya has over the years curved a niche for itself as a fearless defender of women’s rights at the international, national, and local levels.

OBJECTIVES OF THE CONSULTANCY

The purpose of the Internal Audit is to provide the Organization, through the Audit & Risk Committee and the Executive Director, and the Board of Directors, with an independent and objective opinion on risk management, internal control, financial reporting and governance processes and their effectiveness in achieving the Organization’s objectives. Internal Audit also has an independent and objective consultancy role to help line managers improve risk management, internal control, financial reporting, and governance processes.

METHODOLOGY

The Consultant will perform the engagement quarterly including onsite visits, spot checks, attend internal audit meetings and preparation of quarterly internal audit reports.

KEY DELIVERABLES

The Consultant is expected to discharge the following deliverables:

1. Examining and reporting whether processes are in place to address key roles and responsibilities in relation to FIDA Kenya risk management plan.


2. Evaluating the adequacy of the administrative and financial control environment to provide reasonable assurance that the systems of internal control are of a high standard and functioning as intended.


3. Performing an independent assessment of the financial statements to ensure the integrity and transparency of the financial reporting process.


4. Audit of the organisation expenditures as per the approved quarterly budgets.


5. Assessing the effectiveness of FIDA Kenya programs and activities and reporting compliance with key policies of the organisation such as the Strategic Plan and Sustainability plan as well as monitoring performance reporting requirements.


6. Reviewing and advising on the adequacy of management response to issues identified by external auditors.


7. Reviewing external audit reports and assessing compliance with issues raised in the management letter.


8. Reviewing and reporting FIDA Kenya’s compliance with relevant legislative and regulatory requirements.


9. Any other audit tasks that may be assigned from time to time.

TIME FRAME

The assignment shall take one (1) year from the time of signing the contract. The contract is renewable subject to satisfactory performance of the assignment and the availability of funds.

REPORTING AND MANAGEMENT

The Consultant shall report to the Audit & Risk Committee but will have direct communication with and/or work closely with the Executive Director and Finance Manager during the execution of this assignment.

All deliverables will be submitted on dates mutually agreed during the inception meeting.

COMPETENCIES AND QUALIFICATIONS of CONSULTANTS

The eligible candidate (s) must meet the following minimum criteria: -

• Bachelor’s degree in Accounting, Finance, or related field and full professional Accounting qualification with a reputable professional body. A Master’s degree in the above fields will be an added advantage.


• Must be a registered member of ICPAK.


• A minimum of three years’ relevant experience, preferably in an NGO in Risk Analysis, Internal Audit, or Compliance setting.


• Sound understanding/experience in the whole audit process phases, i.e. assignment planning, execution, and reporting.


• Outstanding knowledge of IFRS.

How to apply

Interested applicants are invited to submit their Expression of Interest documents including a technical and financial proposal with at least 3 referees to The Executive Director, Federation of Women Lawyers (FIDA-Kenya), recruitment@fidakenya.org on or before 3^rd July 2020. The EOI should be clearly marked “Expression of Interest- Internal Audit Services” in the subject line.