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INTERNAL AUDIT CONSULTANCY
Job role insights
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Date posted
March 16, 2025
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Closing date
April 8, 2025
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Hiring location
Hargeisa
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Experience
10+ Years
Description
Job description
Republic Of Somaliland
request for expressions of interest (REOI)
country: Republic of Somaliland
project name: Somali name d enhancing public resource management project
project id: P177298 IDA-E1360
assignment title: Internal Audit Consultancy
reference no: SO-MOF-SL-4469343-CS-CQS
place of assignment: Hargeisa, Somaliland
Background.
The Government of the Republic of Somaliland has received financing from the World Bank toward the cost of Enhancing Public Resource Management Project (SERP) and intends to apply part of the proceeds for consulting services.
The Consulting Services (the Services) include: Advise the Internal Audit Director and other key stakeholders on all matters concerning the functioning of the internal audit function in terms of International Standards for the Professional Practice in Internal Audit (ISPPIA) and the requirements under the Constitution and existing PFM legal framework and determining how compliance gaps can be bridged; Determine capacity constraints including inter alia, institutional, systems, skills or otherwise to be addressed to enable the internal audit function to deliver to the required standards; Support preparation and implementation of a time-bound capacity establishment programme in order to address deficiencies identified. Undertake pilot risk-based audits, submit the reports and follow-up on the recommendations.
The detailed Terms of Refence (TOR) for the assignment can be found at the following website: www.slmof.org or it can be provided upon submission of application in person or by e-mail. The e-mail address is provided below.
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The Somaliland Ministry of Finance and Economic Development (MoF&ED) now invites the eligible consulting firm (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. (Brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.).
Skills and qualifications
The short-listing criteria are as follows:
1. Core business of the firm and at least 10 years in business (general experience in Project Management, Technical advisory, Capacity Building, etc.)
2. Experience of conducting similar assignments (At least 10 years of experience of audit management at senior management/ advisory level of which 5 years specific experience in establishing and reforming public sector internal audit functions, proven track record of successfully building capacities of an Internal Audit in developing countries, must have experience in leading a similar project and in using practical techniques for change management and training in a fragile or conflict state environment, familiar with auditing financial reports in compliance with International Public Sector Accounting Standards (IPSAS) and IMF-GFSM 2001compliant chart of accounts; and implementing financial management information systems, good communication and writing skills in English, a recognized professional designation in Accounting or Internal Auditing (CA, ACCA, CGA, CIA or CISA).
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3. Experience of relevant services in an environment similar to that of Somaliland; and
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4. Technical and managerial organization of the firm. (Provide the structure of the organization and CVs of staff). Experts will be evaluated during the shortlisting stage, as assessing key experts is crucial to the selection process. Their qualifications, experience, and expertise have a significant impact on the firm’s ability to deliver the required services.”
The attention of interested Consultants is drawn to paragraphs 3.14, 3.16 and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers: Procurement in Investment Financing - Goods, Works, Non-Consulting and Consulting Services dated July 2016 and revised in November 2017 August 2018, November 2020 and September 2023, (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.
Consultants may associate with other firms to enhance their qualification but should indicate clearly whether the association is in the form of a joint venture and/or a sub consultancy. In case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected.
A Consultant will be selected in accordance with the Consultant Qualification Selection (CQS) method set out in the World Bank’s Procurement Regulations.
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How to apply
Interested Consultant may obtain further information at the address below during office hours from 8:30am to 3.30pm Hargeisa time (Excluding public holidays).
Expressions of interest (EOI) should be delivered (by e-mail or in person) in a written form in three (3) hard copies (if not by e-mail) to the address below by 06th April 2025 at 2:00 Pm Hours (Hargeisa Time).
SERP Project Implementation Unit, Ministry of Finance & Economic Development
2nd Floor, PFM Building, Opp. of the Ministry of Education and Science
Hargeisa, Republic of Somaliland
Email: procurementserp@gmail.com or serpmofd@gmail.com
Overview
Somaliland has an ancient history and civilization
For a long period in the past, Somaliland had well-established trade links with the rest of the world particularly ancient Egypt (the Pharaohs), the Romans, the Arabian Peninsula and the Indian sub-continent
Commodities like hides and skins, frankincense and myrrh, ivory, gums, feathers were traded in exchange for consumer products such as sugar, tea, dates, clothes etc
It was uniquely the hub of spices trade (Frankincense and Myrrh)
The trade links to the Middle East and East Asia existed via the Red Sea and the Indian Ocean routes. The Republic of Somaliland is located in the Horn of Africa
It has the Gulf of Aden to the North and shares borders with Djibouti in the West, Ethiopia in the South and Somalia in the East
It has an area of 176,119 square Kilometers and a coastal line which stretches up to 800 Km along the Red Sea
In terms of area it would have ranked 37th in Africa, which means there are 18 countries with smaller areas than Somaliland in the continent
It is home to a population of four million
The capital, Hargeisa, is a metropolis with an estimated population of over one million
The national language is Somali but both English and Arabic are widely spoken. Somaliland, due to its strategic location near Bab el Mandeb, at the entrance to Gulf of Aden and the Red Sea, has always been of interest for strategic and commercial reasons
In the mid16th century, the great Ottoman Empire annexed the port of Zeila and provided protection, at a cost collected through customs and other charges, for Arab, Persian and Indian merchants who serviced the trade requirements of the surrounding area and the Abyssinian hinterland
In 1870 the ambitious Khedive Ismael I of Egypt, whose country was nominally part of the Ottoman Empire, obtained the Ottoman Sultan’s authorized rights over Zeila in exchange for paying an annual fee of sterling pounds 18,000
The Khedive in due time acquired the coast between Bulhar and Berbera without reference to the Sultan. In 1877 Britain signed a convention recognizing the Khedival annexation of all the East African coast north of Ras Hafun (the promontory of land jutting out into the Indian Ocean south of Cape Gardafui). The agreement stipulated that no portion of this area should be ceded to any foreign power and that British consular agents should be appointed at places on the coast
The Sultan of Turkey, hitherto not very interested in any land east of Zeila, generating, however, a piqued interest of the Ottoman Empire. As Egypt had opened the Suez Canal in 1869, Egyptian interest shifted more on the coastline rather than the interior
At coastal locations lighthouses, harbors, piers, blockhouses, and barracks were constructed, and running water supplies engineered
Some of these facilities have lasted until recently. In 1884 Egypt was facing the Mahdist revolt in the Sudan and for financial reasons (dictated by Britain) had to curtail its projects along the Somaliland coast
By agreement with Britain the Egyptian flag remained flying in Somaliland but Egyptian troops and officials were withdrawn and replaced by very few British troops, ships and officials from Aden. With the departure of the Egyptians and the possibility that other colonial powers had their eyes trained on the potentials of the Somaliland coasts and its hinterland, Britain had to act fast
The British colonial office expedited Major A
Hunt of Great, representing his government, to draw up protection treaties with several Somaliland clans
Britain wooed Somaliland clan leaders with a promise of protection, guaranteeing them full support in case of an attack from other neighboring territories, which were then occupied by other Europeans (See the Map of Africa by Treaty written by Sir E
Hertslet)
On their part, the clan elders of the day refused to grant the British the right to land unless they agreed to their terms.
Categories
Company size
5001-10000
Founded in
2010
