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Request for Proposals (RFP) for Engagement of External Auditors for Street Child Ghana

JOB SUMMARY

Company Street Child
Industry NGO/IGO/INGO
Category Accounting
Location Accra
Job Status Contractor/Co...
Salary GH¢ 
Education A.C.C.A., C.I...
Experience 7 years
Job Expires Apr 26, 2024
Contact ...
 

Company Profile

Street Child works towards a world where all children are safe, in school, and learning. We specialise in supporting children and communities in low-resource environments and emergencies, recognising that the complex, compounded challenges that affect them require innovative, integrated interventions. Our interventions are informed by rigorous, robust evidence and are results-oriented and optimised to create maximum impact for children at minimum cost. Since 2008, we have assisted over 900,000 children across 20+ fragile, conflict and crisis affected countries across Eastern Europe, South Asia, and Sub-Saharan Africa. Street Child has a strong, sustained commitment to localisation and works in partnership with 80+ local level actors and organisations, underscored by close consultation and collaboration with local communities.

Job Description

Request for Proposals (RFP) for Engagement of External Auditors for Street Child Ghana
 
 
Background
Street Child believes that every child deserves the chance to go to school and learn. Our projects focus on a combination of education, child protection and livelihood support to address the social, economic and structural issues that underpin today’s education crisis. We partner with local organisations and communities to deliver our locally rooted programmes, using evidence to drive learning and the refinement and scale up of programmes to create maximum impact for the most children at the lowest cost. 
 
Street Child started operations in Ghana in November 2022 and implementing the Ghana Education Outcomes Program (GEOP) under the auspices of the Ministry of Education (MOE) supported by the World Bank and the Education Outcomes Fund (EOF). The objective of GEOP is to strengthen support for schools and out-of-school children (OOSC) through education outcome funding mechanisms; (i) support OOSC in districts which has the highest OOSC, to transition into mainstreams primary education, and (ii) improve learning into mainstream schools into which the OOSC are placed, targeting literacy and numeracy at the end of P2 and P4. 
 
Street Child works in six (6) districts in the Northern Region namely Gushiegu, Karaga, Mion, Kpandai, Nanumba North and Nanumba South, through our program implementing partners; SEND Ghana and Chance for Childhood.
 
Scope of Service
Auditing procedures must be performed in accordance with International Standards on Auditing (ISA). The scope of work must be wide, covering a range of issues e.g. legal/ statutory obligation, procurement and logistics, assets and liabilities, salaries and allowances, programme and financial oversight, accounting practices and internal control.
 
Audit the accounting records of Street Child Ghana for the Financial Year 2024. The main location of the audit will be at Tamale and might require visits to the project sites. 
The auditors would have full and complete access at any time to all records and documents (including books of account, legal agreements, bank records, invoices, policy documents and contracts) and all employees of the Project. The auditor has a right of access to banks, consultants, contractors and other persons or firms engaged by the Project.
 
Main tasks to be carried out by the external auditing team are:
  • To obtain reasonable assurance about whether the financial statements are free from material misstatement, whether due to fraud or error, thereby enabling the auditor to express an opinion on whether the financial statements are prepared in all material respects, in accordance with an applicable financial reporting framework and in accordance with International Accounting Standards (IAS).
  • To obtain reasonable assurance whether the financial statements show a true and fair view of the state of affairs of the Project Activities as at the year ended 31st March 2024. 
  • To report on the financial statements and communicating as required by the International Standards on Auditing (ISAs) in accordance with the auditor's findings
  • To confirm or otherwise that the books of account provide the basis for preparation of the  financial statements.
  • Identifying, assessing and examining risks to regularity, propriety and financial control and report on significant weaknesses.
  • Providing constructive advice that will help the Project Management to improve governance, including financial management, control, and reporting.
  • Providing a Final Audit Report and management letter.
  • The auditor may be required to share relevant information with HQ auditors, Moore KingstonSmith in the UK

Required Skills or Experience

Mandatory Requirements
A. The Auditor should be experienced in applying International Accounting Standards and must employ adequate staff with appropriate professional qualifications and suitable experience with IAS.
B. The audit firm should demonstrate familiarity and relevant experience in auditing Organisation of similar nature
C. Firms registration documents 
D. The key audit team will comprise, at least:
  • Audit Director/Partner: Professional Accountant (CA, ACCA, CPA, etc) with a minimum of seven years (7) years post qualification experience.
  • Audit Team Lead: Professional Accountant (CA, ACCA, CPA, etc.) with a minimum of five (5) years post qualification experience. 
  • Assistant Auditor: Bachelor’s degree in accounting, finance or other relevant field with a minimum of four (4) years working experience in an audit firm.

How To Apply

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