CHIEF INTERNAL AUDITOR 229 views

POSITION : CHIEF INTERNAL AUDIT

REPORTINGTO : AUDIT COMMITTEE AND GENERAL MANAGER

JOB PURPOSE
This position exists to review and evaluate control systems and procedures to ensure that organizational policies and procedures are being conformed with, assets are secured, information is maintained in a safe and accurate manner and
legal requirements are adhered to.

KEY RESULT AREAS

• Internal Controls
• Risk assessment and evaluation
• Consulting activities

  KEY RESPONSIBILITIES

• Directing and coordinating the preparation of Annual Audit Plans to ensure
  adequate assessment or all key areas of operations.
• Directing the development of new audit programmes and review of existing
  ones to minimize material and financial loss to the organization through fraud,
  theft, error, omission or corruption and offer forms of malpractice.
• Preparing monthly, quarterly and annual internal audit reports highlighting areas
  of risk and control weaknesses and making recommendations for mitigating the
  adverse situations for consideration by the Executive Management and the Audit
  Committee,
• Ensuring adherence to policies and procedures by executing audits and
  compliance testing to ensure that procedures are operating effectively with
  proper controls and recommend changes where necessary.
• Developing and implementing a quality assurance program that covers all the
  facets of the internal audit function and constantly monitor its effectiveness.
• Providing technical support to management and consultancy engagements as
  may be assigned by the General Manager and the Audit Committee.
• Assessing and evaluating the appropriateness, soundness, and application of accounting, financial and management reporting , among other operating controls as well as making recommendations for better practices and techniques where appropriate

QUALIFICATIONS
Chartered Accountant or Equivalent or possess a degree in Accounting or
equivalent and must be a member of a relevant professional body e.g. Institute of
Chartered Accountant.
Possession of an MBA or equivalent post graduate degree would be an added

EXPERIENCE
Seven (7) years relevant working experience with at least 3 years at senior
management level.

DESIRED CQMPETENCES

High integrity.
Extensive knowledge of financial and audit standards, regulations and
requirements.
Excellent analytical Skills.
Excellent written and oral communication skills,
Excellent time management and organizational skills.
Ability to apply best practices in internal auditing, including a thorough
understanding of systematic risk based auditing-
Understanding of counter fraud strategies and controls to mitigate risk of fraud.
Substantial knowledge of corporate governance frameworks,
Ability to consistently deliver high quality, accurate and reliable work,

Maturity(At least 40years of age)

Remuneration and employment conditions 

competitive executive remuneration packages commensurate  of the position  will be disclosed to the successful candidates
The successful candidate  shall be  on five (5) year renewable performance based contracts which will be appraised annually