Objectives

The primary objective of this tender is to procure internal audit services for the Umhlabuyalingana Local Municipality over a period of 36 months. The services aim to assist in risk assessment, compliance reviews, performance management evaluations, and forensic or ad hoc investigations, ensuring adherence to international standards and enhancing internal controls.

Scope

The scope includes executing a risk-based, 3-year rolling internal audit plan covering key functional areas and business units. The audit services will focus on:

• Risk assessment and developing an annual audit plan
• Executing executive engagement and follow-up reviews
• Compliance reviews and performance system evaluations
• Supporting forensic investigations and ad hoc audits
• Coordinating with other assurance providers to ensure comprehensive coverage
• Assisting in evaluating and improving systems, procedures, and controls

The internal audit function must also prepare strategic audit plans, monitor progress, and report findings to the Audit Committee and management, ensuring independence and objectivity throughout.

Technical Requirements

• Provision of internal audit services aligned with the International Standards for the Professional Practice of Internal Auditing and the Code of Ethics of the Institute of Internal Auditors
• Ability to perform quarterly audits and deliver timely reports
• Expertise in forensic and computer audit tools and techniques
• Registration with relevant professional bodies such as the Institute of Internal Auditors and/or IRBA
• Demonstrated experience in similar internal audit projects, especially within government or municipal entities
• Availability of qualified personnel with relevant certifications (e.g., CIA, CISA, forensic audit skills)
• Adherence to project management best practices, including regular meetings and progress reporting
• Provision of independent, objective internal audit services without involvement in daily operations

Skills Requirements

• Substantial internal audit experience, including forensic and IT audit capabilities
• Qualifications of team members:
  • Chartered Accountants (CA) or equivalent
  • Certified Internal Auditors (CIA, CISA)
  • Forensic audit specialists
  • IT auditors with relevant certifications (e.g., CISM, CISA)
  • Project management expertise
• Proven track record with similar projects in government or municipal sectors
• Capacity to perform quarterly audits and deliver comprehensive reports within stipulated timeframes
• Strong analytical, ethical, and communication skills to effectively report findings and recommendations
• Ability to coordinate with internal stakeholders and external assurance providers