Internal Control over Financial Reporting ongoing monitoring assessments projects (PASS-SA)

The objective is to obtain professional internal control consulting services to support the CFO and the Internal Control Unit. The services will allow the Internal Control Unit to meet its obligation stated in the Policy on Internal Control and the Internal Control Ongoing Monitoring Plan.

The experience of the proposed resources must be clearly identified by providing a summary/description of the previous projects/work experience and indicating when the work was carried out. In the case where the timelines of two or more projects or experience overlap, the duration of time common to each project/experience will not be counted more than once.

TASKS Work to be performed (includes but not limited to):

Partner/Managing Director

The resource exercises project sign-off authority on behalf of the Contractor, and oversees and assures the quality of work of the Project Manager/Leader responsible for individual projects. Supervises the creation, development and implementation of significantly new or modified audit approaches to solve problems and obtains approval from the Project Authority for their application. Reports progress of the project on an as needed basis and at key milestones in the life cycle. Meets with senior level auditees, as required, to outline audit objectives and approaches, to gather key perspectives, and to present audit observations and recommendations.

Project Manager/Leader

Manages the project team during the planning, implementation and reporting phases of the audit Work. Ensures that resources are made available and that the project is developed and is fully implemented within agreed time, cost and performance parameters of the Contract. Determines budgetary requirements, the composition, roles and responsibilities and deadlines for the project team. Defines and documents the objectives and scope for the project. Identifies problems impeding successful completion of the project and proposes, develops and implements significantly new or modified audit approaches to solve them. Reports progress of the project to the Project Authority on an ongoing basis and at scheduled points in the life cycle. Meets with auditee management to outline audit objectives and approaches, to gather key perspectives, and to present audit observations and recommendations. Prepares plans, charts, tables and diagrams to assist in presenting or displaying observations and recommendations

Auditor

Prepare a plan to execute the design and operational assessment in the area of work, listed below in accordance with DIAND’s methodology;

-Perform in collaboration with the stakeholders and in accordance with DIAND’s methodology:

-the review of existing process design;

-the update or creation of new process documentation (e.g. narrative, flow chart, risk matrix);

-the identification of key controls and potential gaps

-the testing of operational effectiveness (ToE) of the identified key controls;

-reporting on ToE results

-the update of the process related remediation action plan;

-Prepare presentation and briefing material as required, e.g., to the different department committees.