ToR - Independent Financial Audit Job at Economic Policy Research Network - Career Opportunity in Rwanda

Vacancy title:
ToR - Independent Financial Audit

[ Type: FULL TIME , Industry: Financial Services , Category: Management ]

Jobs at:

Economic Policy Research Network

Deadline of this Job:
13 April 2021  

Duty Station:
Within Rwanda , Kigali , East Africa

Date Posted: Monday, March 29, 2021 , Base Salary: Not Disclosed

1. Introduction
The Economic Policy Research Network (EPRN Rwanda) is a membership-based research and training institution with the mission to strengthen national capacities for evidence based economic policy development through research, training, and provision of networking opportunities for interested professionals and institutions. EPRN Rwanda needs to hire an external audit firm to carry out a comprehensive audit covering the period from 1st January to 31st December 2020.

1.2. Audit Objective
The audit will be performed so as to obtain a reasonable assurance that the accounts are free from material misstatement and all the performed operations are accurate and in compliance with procedures and regulations. The audit will include examination, on a test basis, of evidence relevant to the amounts and disclosure in the accounts. It should include an assessment of significant estimates and judgments made in the preparation of the accounts and whether the accounting policies are appropriate in the organization’s circumstances, consistently applied, and adequately disclosed. The audit will be conducted in accordance with International Standards on Auditing (ISA). .

• Give an independent opinion on the EPRN Financial Statements
• Audit will advise on compliance with new Rwanda income tax law
• Identifying and reporting potential financial and procedural weaknesses.
• Provide support to the adjustment of the current financial systems
• Reviewing of the current administration and procedures manual and advise on potential adjustments
• The audit shall provide a management letter that communicates points that have come to attention during the audit:
• On the design and operation of the accounting and internal control systems as whole and to make suggestions for their improvement;
• On potential encountered weaknesses in accounting and internal control systems and any potential threats and risks to EPRN;
• On other constructive advice such as comments on potential economies or improvements in efficiency;
• On other matters such as comments on adjusted and unadjusted errors in the financial statements or on particular accounting policies and practices.

3. Deliverables
Audited financial report (hard and soft copies) for the period noted
A management letter, which should highlight observed weaknesses in the system of financial management and the recommendations for managing and handling the identified issues over the next financial period
Adjusted accounting systems to meeting the new financial year requirements
Reviewed and revised the Administration and financial procedures manual to reflect the current situation of the organization.

4. Timing
The work is expected to be performed between April and May 2021 and should not exceed 20 working days.

Job Skills : Not Specified

Job Qualifications : Not Specified

Work Hours: 8

Experience in Months: 36

Level of Education:
Bachelor Degree


{module 312}

Job application procedure
The completed technical proposal and financial proposal in hard copies, in separate and sealed envelopes clearly marked should be submitted to: EPRN office located at University of Rwanda, Gikondo Campus by not later than 22nd April 2021, 5 pm local time. Applications may also be sent through P O Box: 7375 Kigali, Rwanda; or through email:  by not later than 22nd April 2021, 5 pm local time.

All Jobs


{module 317}

Job Info
Job Category: Accounting/ Finance jobs in Rwanda
Job Type: Full-time
Deadline of this Job: 13 April 2021
Duty Station: Kigali
Posted: 29-03-2021
No of Jobs: 1
Start Publishing: 29-03-2021
Stop Publishing (Put date of 2030): 29-03-2065
Apply Now

Notification Board:

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.