Internal Audit Consultants - Short Term

Planning

1. Planning and undertaking relevant research into Ministries, Departments and Statutory Bodies or the area under review.
2. Conducting analysis of information and data obtained from various sources (interviews, hard copy, soft copy, etc).
3. Determine scope of review based on the agreed audit objectives.
4. Drafting audit plan and audit test procedures.

Execution/Field Work

1. Utilizing appropriate audit techniques and procedures to interrogate/examine data, information, files or documentation.
2. Identify reportable issues and identify deficiencies in control, governance and risk.
3. Review the suitability of internal control design and risk management initiatives implemented by Management.
4. Evaluate and determine compliance with laws, regulations, policies or procedures.
5. Document work conducted, analysis undertaken and link/index to documented supports, exhibits or evidence.

Reporting

1. Conduct root cause analysis on findings identified and derive conclusions and recommendations from the work undertaken.
2. Preparing draft findings and communicate with the audit client.
3. Prepare comprehensive draft audit report with conclusions, risk and overall recommendations for final review by the CIA.

Project Management

1. Review work of assigned staff and ensure staff performance is managed to achieve audit objectives.
2. Ensure tasks and projects are progressing on time, quality is maintained and within budget.
3. Provide regular reporting on the progress of all assignments, tasks and projects to the CIA.
4. Perform other related audit assignments and tasks as assigned by the CIA.

The Consultant is expected to produce the following general deliverables in line with the OCIA Process Deliverables for a typical audit assignment.

1. Audit Plan with audit objectives, program and procedures.
2. Working papers with documented supports, exhibits or evidence.
3. Schedule of audit findings with criteria, condition, cause, consequence and corrective action.
4. Draft report with root cause, risks identified, conclusions and overall recommendations.
5. Time sheet to show hours worked on tasks and assignments.
6. Scheduled daily or weekly online/virtual meetings with team members as required.
7. Progress reports to the CIA summarising the activities undertaken.

Note: On site visits to the client may be required based on the audit task, project or assignment being undertaken. A determination of the time for onsite visits will be based on the project being undertaken.

7.      DURATION

A typical Consultancy is estimated to be executed over a period of 30 – 60 working days. However, Consultants will be engaged on short term contracts for specific audit tasks, projects or assignments as the need arises and based on the duration of time estimated to complete the audit task or project.

8.      SUBMISSION

The following documents are to be submitted as your Quotation Submission for this consultancy:

Submissions shall be directed to the officer below in hard copy or email no later than 4:00 pm July 25, 2025.

To:              

Chief Internal Auditor

Office of the Chief Internal Auditor

1^st Floor, Hibiscus Square

Pond Street, Grand Turk

Submissions received after the deadline may not be considered in this selection process but may be placed on file for future reference.

The selected candidate will be required to comply with all applicable Acts and Regulations within the Turks and Caicos Islands.

We appreciate your interest, but only shortlisted candidates will be contacted.

9.      CONTRACT AWARD

The TCI Government does not bind itself to accept the lowest priced quotations or proposals. The Government reserves the right to reject any or all proposals for services when deemed not to be in its best interest and the interest of the public.