Auditor

Background

Ujamaa-Africa is a Non-Governmental Organization based in Korogocho slums. For the past five years UJamaa has been working with No Means No Worldwide (NMNW) in to provide organizational support for the No Means No Kenya (NMNK) Girl’s Empowerment and Boy’s Transformation programs in Nairobi’s slums. We believe this alliance creates an innovative model for women’s empowerment. Ujamaa-Africa/NMNK offers micro-loans to women and grandmothers who care for orphans and also provides girl’s empowerment and boy’s transformation programs for vulnerable girls and boys.

This comprehensive approach has proven highly successful

UJAMAA-AFRICA wishes to engage the services of an External auditor of both local and international reputation for initially 2 years (financial year 2015- 2016) in accordance with the statutory requirements, International Financial Reporting Standards Guidelines and International Standards on Auditing (ISA)

Scope of the Assignment

The audit will be conducted in accordance with ISA as published by the International Auditing and Assurance Standards Board of the International Federation of Accountants (IFAC), with special reference to ISA 800 (Auditor’s Report on Special Purpose Audit Engagements).

In conducting the project audit, special attention should be paid to the following:

• Funds have been used in accordance with the relevant general conditions, relevant financing agreements, with due attention to economy and efficiency, and only for the purposes for which the financing was provided;
• Goods and services financed have been procured in accordance with the relevant general conditions and relevant financing agreements
• Necessary supporting documents, records, and accounts have been kept in respect of all Project ventures including expenditures reported via Summary Report (or Interim Un-audited Financial Reports (Interim Reports)
• The accounting records have been prepared in accordance with generally accepted accounting principles and practices,  give a true and fair view of the financial position of the Project as at financial year-end and of the resources and expenditures for the fiscal year then ending.
• Review the compliance on each of the financial covenants as per the donor Agreements especially to ensure compliance for the conditions under which the funds were released.
  Ujamaa Africa Current turnover is $ 700,000 P.a

Audit Reports

The auditors will issue an audit opinion on UJAMAA AFRICA’s Financial Statements. In addition to the audit opinion, the auditor will prepare a “management letter,” in which the auditor will:

• Give comments and observations on the accounting records, systems, and controls that were examined during the course of the audit;
• Identify specific deficiencies and areas of weakness in systems and controls and make recommendation for their improvement;
• Report on the lack of compliance of each financial covenant in the relevant financing agreement;
• Communicate matters that have come to their attention during the audit which might have a significant impact on the operations of the organization; and
• Include management’s comments in the final management letter.

Location of Assignment: The assignment will be carried out at Ujamaa-Africa offices, Kamunde road, Kariobangi North at LandMark Plaza

Requirements

• The Lead Consultant should be an internationally qualified auditor (CPA, ACCA or its equivalent) with experience in donor accounting and financial management especially USAID/DFID/UN Funded Programmers.
• The Firm should have strong knowledge and experience in donor account auditing especially USAID/DFID/UN Funded Programmes.
• The firm should be registered with ICPAK;
• The partners must be full time audit practitioners and in good standing with ICPAK;
• The firm must provide a valid business permit;
• The firm must demonstrate sufficient quality control measures and that they are independent in their functions;
• A detailed profile showing the list of clients; at least three (3) of whom must be NGO’s who can stand as referees;

Applications

Please send (via e-mail) expression of interest, Proposals (both technical and financial), and Comprehensive curriculum vitae of the audit team members, to:

Email: rosebella.apollo@ujamaa-africa.org

Deadline for application is 31/March/2015

Categories: AUDIT