Chief Internal Auditor

MINIMUM QUALIFICATION & REQUIREMENT

• Member of ACCA/CPA/CIMA/any other professional body recognized by IFAC.
• Minimum I0 years of experience (5 years of experience in auditing and 5 years of senior management experience in a corporate environment)
• Experience will be considered only upon submission of an official reference letter explicitly stating the duration of employment.

OVERALL SCOPE 

Responsible for providing independent assurance to the Audit Committee and Board of Directors on the adequacy and effectiveness of governance, risk management, and internal controls across the organization.

SCOPE OF WORK

• Ensure development & implementation of internal audit policies, procedures, and work standards by applying the appropriate audit methodologies to address emerging risks, regulatory requirements, and organizational objectives.
• Develop and implement the annual risk-based audit plan and ensure comprehensive audit coverage across the organization and ensure both an efficient and effective execution of the audit plan, consistent with company objectives.
• Consistently assess the adequacy of key internal systems and controls of the company and ensure integrity of key systems and processes.
• Oversee special ad-hoc audits and investigations as directed by the Audit Committee and Management and report findings.
• Issue final internal audit reports to the Audit Committee and Board, highlighting areas of concerns and providing strategic recommendations for organizational improvements.
• Establish mechanisms to track corrective actions and recommendations from audit findings across the organization to mitigate risks.
• Collaborates with Board of Directors and Senior Management within the company to ensure that audit recommendations are implemented effectively.
• High level coordination with external auditors, regulatory bodies, and stakeholders to ensure alignment with governance standards.
• Provide strategic guidance to the Board of Directors, Management, and staff on regulatory compliance, governance, internal controls and risk management practices.
• Suggest new initiatives, controls, and procedures to ensure good business and governance practices are in place.
• Stay updated on current laws, regulations, and industry standards, ensuring the organization’s compliance framework remains aligned with recent developments and changes.
• Ensure that Internal Audit function is adequately resourced and provide the guidance and support to ensure that the team is effective in carrying out its responsibilities.
• Advocate the Internal Audit function and its value throughout the company, and culture of fraud risk awareness throughout the company.
• Establish a Quality Assurance and Improvement program and ensure that all internal audit activities are conducted in accordance with the regulatory requirements and relevant internal audit standards
• Carryout any other tasks/responsibilities assigned by the Board or Audit Committee which falls within the mandate of internal audit function and broad job scope of CIA.

JOB SKILLS AND SPECIFICATIONS

• In-depth knowledge of internal auditing standards, risk management frameworks, and regulatory requirements.
• Proficiency in conducting complex audits (e.g., operational, financial, IT, governance, and performance audits)
• Strong analytical skills to assess risks, controls, and the impact of findings on organizational objectives.
• Should be an effectual communicator verbally as well as through writing skills.
• Sound knowledge in application of IFRS, ISA, IPPF, and any other related software.
• Should be well organized, detail-oriented, forward thinking and proactive.
• Able to critically analyze and forward thinking with a positive and result oriented attitude.
• Discretion and need for Confidentiality.

COMPENSATION

Competitive Salary and Benefits

REQUIRED DOCUMENTS

• Attested Educational Certificates
• Job reference letters
• NID card
• CV

EMPLOYMENT TYPE

Contractual (Initially offered a one-year contract, decision to offer a permanent placement will be decided upon completion of initial contract).

For Further Information: 3353535 or call center hotline: 1516