ToR for Social Liabilities Consultant at SOS Children's Villages

The audit firm shall;

• Identify any legal or contractual liabilities to pay any end of service or to meet similar claims related to social security (e.g. post-retirement benefits, comprising of salary, and support for health insurance for SOS parents).
• Verify if due provision have been made for these claims as mentioned above.
• Identify amount of money available or blocked.
• Indicate the type of obligation (s) the method (s) and the amount (s)
• Review all contractual employment contracts and correspondent to Kenya Labour Laws.
• Review available gaps in the MA policies, Terms and Conditions of Services and contracting language.
• Verify whether the obligations are indeed liabilities according to International Accounting Standards (IFRS) and local Accounting Standards (GAAP)

Criteria for Proposal Evaluation

Each bidder shall submit a technical proposal addressing the services requested and detailing how he or she will meet SOS requirements.

The technical proposal will account for 70% of the total combined score.

The proposal will be evaluated according to the following criteria;

• Company and Personnel qualifications and technical capacity to conduct the assignment.
• Provider networks on the same tasks (Social liabilities or relevant tasks they have provided and coverage area)
• Proven of Certification and license of finance mathematician with local license.

Financial Proposal

• The financial proposal shall be evaluated according to the price structure proposed and will account for 30% scoring of the total combined scoring.
• The financial proposal should be submitted in electronic form in Kenya Shillings (KES) in the format normally used by the candidate.
• It must provide sufficient details to allow cost comparison and assessment.

The candidate/s must, at the very least, specify the cost of:

• Consultant fees.
• Per diem.
• Travel/transportation.
• Other direct costs.

Qualification of the Company and Personnel Qualification

The strongest candidates will likely have:

• The professional expertise/certification should have actuary/finance mathematician License or related field.
• For extensive experience and proven track record in External Audit.
• Wide network for National and International coverage
• Provide reliable certification and report.
• Sound experience in servicing international organizations.