Job Opportunity: Invitation for Proposals: Audit of Accounts for Timret Lehiwot Ethiopia position available at Timret Lehiwot Ethiopia in Addis Ababa. Consultancy and Training, Accounting and Finance jobs in Ethiopia are in high demand. Apply now through GeezJobs - Ethiopia's leading job portal.

Invitation for Proposals: Audit of Accounts for Timret Lehiwot Ethiopia

Background

Timret Lehiwot Ethiopia (TLHE) is a nonprofit, nongovernmental organization established in June 2004 which has been engaged in number of development programs. Re-registered on October 30, 2019 as Ethiopian Residents Charity organization according to the new civil society’s legislation with a good record of achievements working with communities & partners to bring positive change throughout Ethiopia. We strive to do work worth doing and focus on implementing impactful projects with marginalized communities within Ethiopia to bring about sustainable and durable change. 

Purpose of the Audit 

Timret Lehiwot Ethiopia invites qualified and experienced audit firms to submit proposals to conduct an independent audit of its accounts for the fiscal year ending December 31, 2025. The audit aims to ensure compliance with national regulations and donor requirements and to provide assurance on the organization’s financial management and reporting systems.

Objectives of the Audit

• To provide an independent opinion on whether the financial statements present a true and fair view of the organization’s financial performance and position.

• To assess compliance with Ethiopian laws, regulations, and donor agreements.

• To evaluate the adequacy of internal controls and financial management systems.

Scope of Work 

• The selected audit firm will be responsible for:

• Reviewing financial statements and records for the fiscal year ending December 2025.

• Assessing the accuracy and completeness of financial reports submitted to donors.

• Examining compliance with national laws and regulations, including those of the Ethiopian Charities and Societies Agency.

• Reviewing the internal control environment and identifying any risks or weaknesses.

• Preparing a comprehensive audit report with findings, recommendations and Management Letter.

Deliverables 

• The selected audit firm will be required to deliver the following:

• An audited financial statement, including the auditor’s opinion.

• A management letter highlighting key findings and areas for improvement.

• Recommendations for strengthening financial and internal control systems.

Qualifications of the Audit Firm 

• The audit firm should meet the following criteria:

• Be licensed, renewed and registered in Ethiopia as per national regulations.

• Have a minimum of 5 years of experience in auditing NGOs or similar organizations.

• Demonstrated expertise in auditing financial statements in compliance with international and national standards.

• Availability of qualified personnel with experience in financial audits of donor-funded projects.

Submission Requirements 

• Interested audit firms are requested to submit their proposals, which should include:

• A technical proposal outlining the approach and methodology for the audit.

• A financial proposal with a detailed breakdown of costs.

• Proof of registration and licensing.

• Profiles of key personnel who will be involved in the audit.

• References from similar assignments.

How To Apply

Proposals should be submitted to gtassew06@yahoo.com and to jowg2009@gmail.com within 10(Ten) working days of this announcement.

Selection Criteria The selection will be based on the following criteria:

Technical expertise and relevant experience.

Understanding of the scope of work and methodology.

Cost-effectiveness of the financial proposal.

References from previous clients.

For any inquiries, please contact us via email at gtassew06@yahoo.com and cellphone 0911-648862

We look forward to receiving your proposals and partnering with you to strengthen the financial accountability and transparency of our organization.