TERMS OF REFERENCE (ToR) FOR CONSULTANCY

Title: Consultant for Review and Improvement of Internal Audit Policy and Procedures, Staff Training, and Unit Set-up

Organization: GREDO Non-Profit Organization 

Location: Mogadishu/Baidao 

Duration: 1 week

I. Background:

GREDO Non-Profit is a dedicated organization committed to Gargaar Relief Development Organization (GREDO) is a local non-profit, non governmental humanitarian and development organization with its Headquarters in Baidoa and have sub-oces across south central Somalia initiated in December 1992 by a group of Somali intellectuals and well wishers responding to a need. GREDO focuses on aspects of emergency, humanitarian responses and development/resilience programmes. To enhance our operational efficiency and financial accountability.

GREDO seeks the services of a qualified consultant to review and improve our internal audit policy and procedures, provide training to 2-3 staff members, and assist in setting up the internal audit unit.

II. Objectives:

The main objectives of this consultancy include:

§  To review & assess GREDO's current internal audit policy and procedures & recommend improvements and revisions where necessary.

§  To provide audit training to 2-3 staff members on internal audit best standards & practices.

§  To assist in the set-up and organization of the internal audit unit.

III. Scope of Work:

The consultant will be responsible for:

§  Review of GREDO's existing internal audit policy and procedures.

§  Conducting interviews with key staff members and stakeholders to gather input and feedback.

§  Analyzing audit reports, financial documents, and other relevant materials.

§  Developing recommendations for improving the internal audit policy and procedures.

§  Preparing a detailed report outlining proposed changes and improvements.

§  Designing and delivering a training program for 2-3 selected staff members, covering internal audit principles, practices, and relevant tools.

§  Assisting in the creation and organization of the internal audit unit, including defining roles, responsibilities, and workflows.

IV. Deliverables:

The consultant is expected to deliver the following:

§  A comprehensive review report of the current internal audit policy and procedures.

§  A detailed proposal for revisions and improvements to the internal audit policy and procedures.

§  Training materials and documentation for the 2-3 staff members trained.

§  An organized internal audit unit set-up plan.

V. Qualifications:

The consultant should possess the following qualifications:

§  A proven track record in internal audit and policy development.

§  Experience working with non-profit organizations is preferred.

§  Strong communication and training skills.

§  Knowledge of the Accounting, Auditing, change management

§  Familiarity with GREDO's mission and values (preference).

VI. Timeline:

§  The consultancy is expected to start on 20th December and be completed by 31st December 2023.

VII. Budget:

§  Consultant shall share financial budget proposal with technical proposal for review.

§  GREDO will cover agreed consultancy fee, including fees, visa, travel expenses, lodging and any other relevant costs.

IX. Evaluation Criteria:

Consultant applications will be evaluated based on the following criteria:

§  Qualifications and experience (30%)

§  Proposed approach and methodology (30%)

§  Relevant experience with non-profit organizations (20%)

§  Budget and cost-effectiveness (20%)

VIII. Application Process:

§  Interested consultants should submit their applications, including a CV, a cover letter outlining their qualifications and approach, and references to [email protected].

§   The deadline for application and document submission is 17th December 2023

Only short-listed candidates will be contacted