DESCRIPTION

Applications are invited from suitably qualified and experienced persons to fill the following post which has arisen with the Midlands State University.

CHIEF INTERNAL AUDITOR

The incumbent will have a dual reporting structure; to the Vice Chancellor and to the Audit Committee. The Chief Internal Auditor is responsible for monitoring and verifying the adequacy, effectiveness and correct operation of the internal audit system of the University.

QUALIFICATIONS AND EXPERIENCE
Bachelor’s Degree in Auditing/Accounting Honors or equivalent
Possess either full CA, CIMA, CIS, ACCA, CIA CPA or equivalent
Must be a member of the Institute of Internal Auditors, Public Accountants and Auditors Board or any other equivalent professional bodies
A Post graduate degree in Accounting/Auditing or MBA will be an added advantage
Seven years of post-qualification auditing experience of which at least three were at a senior level.
Knowledge of computerized accounting packages/systems is a must.

REQUIRED SKILLS
Have excellent communication and report-writing skills
Must be highly computer literate with a deep understanding of internal controls and accounting systems.
Have sound leadership and managerial skills
Knowledge of regulatory and legal frameworks that govern the operation of departments
Strong analytical and evaluation skills

KEY RESPONSIBILITIES
Managing the overall internal audit function of the University;
Planning and preparing periodic audit programs in accordance with prescribed audit/accounting standards;
Providing internal audit services to the University through auditing of finances, operations and assets;
Ensuring compliance with standard operational procedures, laws and regulations governing University operations;
Designing, executing and reviewing the annual internal audit plan;
Evaluating the adequacy and effectiveness of internal controls in safeguarding of the University assets;
Advising the University on internal controls, governance and risk management issues;
Developing quarterly and annual internal audit plans, program design, and reports;
Carrying out special audits to facilitate investigations as and when required;
Preparing of internal audit reports;
Presenting audit findings to Management and the Audit Committee and following up on the implementation status of audit recommendations;
Ensuring effective utilization of University resources;
Assists in planning for external audit assignments;
Supervising subordinates and developing relevant skills training programs to ensure that the internal audit function has adequate expertise and resources to fulfill its responsibilities
Providing Secretarial services to the Audit Committee

CONDITIONS OF SERVICE
Medical Aid, Leave and Pension Benefits are offered. More details including salary, benefits and other conditions of service will be communicated to successful candidates.