Request for Proposal for External Auditing Services

Job description

BACKGROUD
Miracle Corners (MC) of Zambia is a registered non-profit making organization under the Societies Act CAP 119 of the laws of Zambia. Established in 2011, MC-Zambia’s community center is based in the centre of Chanyanya a fishing village nestled on a lagoon of the Kafue River, approximately 35km from the town of Kafue. Today, the center offers accredited programs in Information and Communications Technology (ICT) and Design, Cutting and Tailoring, women empowerment alongside a Literacy Program and youth-focused social programs.

The local MC-Zambia leadership team (Board of Directors and Country Manager) oversees the centre and its programs. Our vision is to empower communities in Zambia to achieve greater levels of education, improved health and increased economic security. Our mission is to address community’s pressing needs by empowering current leaders and readying the leaders of tomorrow.

Miracle Corners – Zambia (MCZ) invites qualified audit firms of certified accountants in the preparation of financial statements to Audit its financial statements for the fiscal years ending December 31, 2025. The audit of Miracle Corners – Zambia’s financial statements must be performed in accordance with internationally accepted auditing standards (International Standards on Auditing).

All of the above must be completed within two months from commencement, in order for our Board to review each document prior to its submission to the appropriate recipients. In addition, MCZ requires that a meeting of the auditors and MCZ board and staff members be held to discuss a draft version of the financial statements before they are issued for approval. The auditor must produce for the Board both Management Letter and audited Financial Report with an audit opinion. The Management Letter will in particular address;

Give comments and observations on the accounting records, systems and controls that were examined during the course of the Audit;
Identify specific deficiencies and areas of weakness in systems and controls and make recommendations for improvement;
Report on the degree of compliance of each of the financial covenants on the Financing Agreement and Partnership Agreements (with MCW and other current donors) and give comments, if any, on internal and external matters affecting such compliance;
Communicate matters that have come to their attention during the Audit which might have a significant impact on the implementation and sustainability of the organization;
Bring to attention any other matters that the Auditors consider pertinent, such as compliance to country laws, taxes, pensions, etc.

SUBMISSION
All proposals must include:
1.Evidence of the firm’s qualifications to provide the above services;
2.Background and experience in auditing nonprofit clients;
3.The size and organizational structure of the auditor’s firm;
4.Statement of the firm’s understanding of work to be performed, including tax and non-audit services;
5.A proposed timeline for fieldwork and final reporting;
6.The proposed fee structure for the proposal period;
7.Names of the partner, audit manager, senior auditor and field staff who will be assigned to our audit and provide biographies; and
8.A copy of your firm’s most recent license to conduct an audit in Zambia.

Proposals should be submitted directly to MCZ Board , through mczambia@mcwglobal.org no later than 3 October 2025.