Subscribe to Job Alert
Join our happy subscribers
Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us
We provide solutions to alleviate global hunger and poverty through the promotion of economic development and self-sufficiency.
Background
The 2SCALE program[1] is designed to incubate and accelerate inclusive business development in African agri-food systems. 2SCALE works together with companies (African, Dutch, and other small and medium-sized enterprises - SMEs) and producer organizations (POs) to develop business and partnership models that promote inclusiveness, develop competitive edge, and have potential for scaling. These partnerships, also referred to as public-private partnerships (PPPs), are the core implementation modality to achieve the objectives of the program.
Specifically, 2SCALE supports partnerships in target agri-food industries with significant potential to:
To strengthen PPPs, 2SCALE also collaborates with companies and organizations that provide a specific expertise to support the target agri-food value chains or act as a major off-taker in the chain.
2SCALE is co-funded by the private sector and by the Dutch Ministry of Foreign Affairs through the Directorate-General for International Cooperation (DGIS). Building on a first phase (2012-18), the current phase of 2SCALE runs from January 1, 2019 to December 31, 2023. It is awarded to a consortium led by the International Fertilizer Development Center (IFDC) and comprising the Base-of-the-Pyramid Innovation Center (BoPInc) and the Netherlands Development Organization (SNV).
One of the agribusinesses 2SCALE is working with to support the sorghum and pearl millet value chains in Kenya is Tegemeo Cereals Enterprise Ltd, a farmer-led grain aggregator, trader, and supplier operating in the semi-arid counties in eastern Kenya. The company began its operations in 2008 as a farm inputs shop and later grew into a grain aggregator and retailer. Tegemeo seeks to aggregate and sell more grain and diversify its market by milling sorghum and pearl millet-based flours.
The partnership between Tegemeo and 2SCALE aims to is to build resilience of smallholder farmers’ commercial farming ventures and to develop affordable and nutritious of sorghum and pearl millet-based products for low-income consumers in the semi-arid counties of Tharaka Nithi, Makueni and Kitui. Resilience of farmer ventures will be built by increasing their production, productivity, and incomes through introduction of high yielding and bio-fortified drought tolerant varieties of sorghum and pearl millet alongside eco-efficient innovations and climate smart farming practices.
Objectives
The main objective of this assignment is to provide accounting and audit services for Tegemeo Cereals Enterprise Ltd which will inform the transformation process within the partnership from manual bookkeeping to automated bookkeeping and record keeping. To do so, this assignment will conduct an in-depth analysis of the financial records, working from incomplete records to prepare financial statements that present a true and fair view of the company for the last 3 years (2018-2020).
Specific objectives
1.1 Accounting
1.2 Auditing
The role will mainly involve tracking the cash flows and accounts of Tegemeo Cereals Enterprise Ltd to ensure that they are being recorded and processed correctly, that the assets of the company are protected through appropriate control measures and that financial records meet the International Financial Reporting Standards (IFRSs).
The External Audit Consultant Shall Be Tasked To
The audit should specifically look at the company external and internal environment in relation to the current organization control environment and communicate with the management team on the relevant controls to put in place.
Tasks
Methods and Scope of Study
The assignment will be conducted in Giekuri, Nkondi Central, Tharaka Nithi where the Company is headquartered. Methods utilized will include collecting both qualitative and quantitative information of the company information. It is expected that the consultant will collect detailed primary data on financial performance and financial position and where necessary utilize data analysis techniques on incomplete records to prepare the financial statements. The consultant will by the approval of Tegemeo obtain any relevant information from third parties who have transacted with the company over the last 3 years (January 2018-December 2020) or as may be required by the consultant. Accounting records and any other relevant information for this assignment will be provided to the consultant as required.
Environmental screening and mitigation measures
The activity has been screened for any impact it may have on the environment and found to pose no risk, therefore no specific mitigating measures are necessary.
Expected results
Build your CV for free. Download in different templates.
Join our happy subscribers