SARW: Internal Auditors

Southern Africa Resource Watch (SARW)
Please note: this opportunity closing date has passed and may not be available any more.
Opportunity closing date: 
Friday, 20 September, 2019
Opportunity type: 
Call for proposals

The Southern Africa Resource Watch (SARW) is looking for auditors to provide external audit services for the organisation. The financial year end is December.

SARWatch is a regional organisation based and registered in South Africa. It operates in twelve countries in Southern Africa Angola, Botswana, Democratic Republic of Congo (DRC), Lesotho, Madagascar, Malawi, Mozambique, Namibia, South Africa, Swaziland, Zambia and Zimbabwe.

SARWatch’s principal object is to undertake research and advocacy on resource governance, and to facilitate capacity building and educational development of key stakeholders (including parliament, mining communities, media and civil society). In doing so, SARWatch monitors corporate and state conduct in the extraction and beneficiation of natural resources within the Southern African Development Community (SADC), assessing to what extent these efforts contribute to sustainable development.
SARWatch has office in Johannesburg and The Democratic Republic of Congo and 2 satellite offices in Zambia and Zimbabwe.
 
Objective of the Audit

  • The objective of the appointment is to enable the auditors to carry out the audit as per the International Auditing Standards and to express an independent professional opinion on the financial position of SARW.
  • To evaluate the effectiveness of financial, administrative, management and governance systems, controls and structures of the Organisation.
  • To add value to the organisation’s financial, operational and governance processes.

Scope of the Audit

  • The audit will include tests and verification procedures as the auditors deem necessary.
  • Verify all funds have been used in accordance with the established rules and regulations of SARW and only for the purposes for which the funds were provided for.
  • Goods, works and services financed have been procured in accordance with the SARW established rules and procedures.
  • Appropriate supporting documents and accounting records relating to all activities have been kept. A clear link should exist between the accounting records and the financial statements presented.
  • The financial statements have been prepared by SARW management in accordance with applicable accounting standards and give a true and fair view of the financial position of SARW and of its receipts and expenditures for the period ended on that date.
  • Comprehensive assessment of the adequacy and effectiveness of the accounting and overall internal control system to monitor expenditures and other financial transactions.
  • Express an opinion as to reasonableness of the financial statements in all material respects.
  • Include in their reports opinion on compliance with procedures designed to provide reasonable assurance of detecting misstatements due to errors or fraud that are material in the financial statements.
  • Conduct entry and exit meeting with the Executive Director and Snr Finance and Admin Officer of SARW.
  • In addition to the audit report, the auditors will prepare a Management Letter on the following:
    • Give comments and observations on the accounting records, procedures, 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 recommendations for improvement.
    • Report on the implementation status of recommendations pertaining to previous period audit reports.
    • Communicate matters that have come to their attention during the audit which might have a significant impact on the sustainability of the organization.
    • Bring to the attention of the Executive Director and Snr Finance and Admin Officer any other matters that the auditors consider pertinent.

Audit Duration

The audit work shall be completed within two weeks from the date of commencement of the audit.
 
Deliverables

  • The Auditors on completion of the audit work will submit 5 (five) original copies of the Audit Report appended to the Financial Statements along with the reports to the attention of the Executive Director.
  • Management letter in accordance with the scope of work described above. 

Requirement for the firm 

  • Legally incorporated in line with the laws and regulations of South Africa
  • Registered and is in good standing with the Independent Regulatory Board of Auditors (IRBA)
  • Have experience in relation to the scope of audits for a Non-Profit Organisation
  • Have the capacity in terms of the size of the firm and team to be able to complete the audit on time.

 Timeframe and Location 

  • The contract shall be for a period of 3 years.
  • The main service site shall be at 1 Hood Avenue, 1st Floor West Wing, President Place, Rosebank.

Interested firms are to submit their proposals by email to neom@sarwatch.org clearly stating subject as “External Audit Services”.

Only shortlisted firms based on the submitted proposal will be contacted.

For more NGO Opportunities please refer to http://www.ngopulse.org/opportunities/other                                                             

Location: 
Johannesburg

NGO Services

NGO Services

NGO Events

S M T W T F S
1
 
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31