Project Closing Financial Auditor

About Our Company:

Established in 2005, Whiz Kids Workshop is an Ethiopian-led social enterprise that fosters a love for learning. Through innovative media and technology, we create engaging educational content covering literacy, health, character development, and more.

Our goal is to prepare children, youth, and families for success in life. Our Social and Behavioral Change Communication (SBCC) initiatives target individuals and families across all stages of life, supported by our four Innovation Platforms: Tsehai for Families (pregnancy to age 7), Tsehai Loves Learning (for children aged 3-10), Tibeb Girls (for adolescents aged 11-18), Youth Investigators (for youth above age 18), and Better Wellbeing Advocacy that advocates developmental needs of each life cycle to policymakers and existing governmental structures.

We produce culturally relevant content across various media formats and implement projects in diverse community settings. Recognized internationally for our impact and innovation, we collaborate with government agencies, local and international organization to drive positive change in education and beyond.

Visit www.whizkidsworkshop.com to learn how we're empowering the next generation.

Project Overview

As part of the ACP-EU Culture Programme (Eastern Africa), Ignite Culture under HEVA Fund is supporting Tibeb Girls Innovation to launch commercial products for its target communities and demographics, while ensuring long-term sustainability. The Tibeb Family learning platform utilizes the existing Tibeb Girls animation series, newly developed e-learning content, and merchandising. The platform is designed to be available in three languages: Amharic, English, and French. Tibeb Girls aims to educate, engage, and empower young girls and boys aged 10-18 worldwide.

Role Description:

The Auditor is responsible for conducting a thorough financial audit for the Tibeb Girls Ignite project closure. This responsibility includes, but is not limited to, ensuring compliance with relevant regulations, policies, and standards, conducting comprehensive examinations of financial records and transactions, and generating organization-level and project-level reports. Additionally, the Auditor is expected to complete the pre-financial year audit simultaneously with the project closing audit

Key Responsibilities:

Financial Review:

• Examine project financial records, transactions, and expenditures to confirm accuracy, completeness, and compliance with budgetary constraints and financial policies in line with the organization's internal financial procedures.
• Identify any outstanding financial obligations, liabilities, or commitments related to the project's closure.
• Conduct the audit following International Standards on Auditing (ISAs).

Compliance and regulation auditing

• Ensure that proper accounting records have been kept by the Company following the project's financial transaction and documentation compliance.
• Ensure that proper standards are met under the Ethiopian government tax and other related laws

Contract Compliance:

• Verify compliance with contractual agreements, terms, and conditions governing the project, including obligations to funders, partners, and stakeholders.
• Review contract documentation, amendments, and modifications to ensure adherence to agreed-upon terms and requirements.

Documentation and Recordkeeping:

• Maintain accurate and organized documentation of audit workpapers, findings, and supporting evidence.
• Ensure compliance with document retention policies and audit documentation standards.

Closure Certification & reporting:

• Provide an independent assessment and certification of project closure activities, confirming compliance with project objectives, contractual obligations, and regulatory requirements.
• Issue a final audit report documenting audit findings, conclusions, and recommendations for project closure.
• Provide a closing report for the Whiz Kids leadership team comprehending the findings and final recommendation of the auditing process.

DURATION of the assignment: three weeks (April 2024)

Qualifications:

• Advanced degree (e.g., Master's in Accounting, MBA);
• Certification in auditing (including but not limited to Certified Chartered Accountant (CCA), Certified Internal Auditor (CIA), Certified Public Accountant (CPA)) or other relevant certification;
• Experience in project auditing, particularly in project closure phases or similar contexts, is advantageous.
• Familiarity with auditing standards, practices, and methodologies, including Generally Accepted Auditing Standards (GAAS) or International Standards on Auditing (ISA).
• Proficiency in using auditing software and tools for data analysis and audit documentation.
• Strong analytical skills and attention to detail for examining financial records and identifying discrepancies or irregularities.
• Excellent communication skills, both written and verbal, for preparing audit reports and effectively communicating audit findings to stakeholders.
• In-depth knowledge of accounting principles, financial reporting standards, and regulatory requirements relevant to the project's industry and jurisdiction.
• A proven track record in auditing donor/funder-invested projects is a great plus
• Fluency in English is required