Job Description
Reports To: : General Manager – Internal Audit
Department : Internal Audit
Job Summary: Responsible for audit, assessing compliance to policy and procedures and reporting any deviations.
Duties and Responsibilities:
• Organize and contribute in the process risk assessment workshops for target audit areas and document the results for effective audit planning and execution.
• Develop appropriate audit tests aimed at addressing identified risks and achieving the desired audit objectives as per the agreed audit plan with a view to providing assurance that such risks are effectively managed/ mitigated.
• Make maximum use of computer assisted audit tools in automation of processes for use by the entire audit department.
• Quality assurance to ensure that all work delivered, including working papers both meet the standards required as well as support the audit findings, recommendations and conclusions
• Draft suitable audit reports highlighting key control weaknesses, non-compliance with procedures and management policies and regulatory requirements, among others on those areas audited.
• Participate in Departmental meetings to evaluate new developments in GA and the industry that may require modification of the audit approach as well as discuss the on- going audit progress and any challenges faced.
• Prepare audit plan for specific audit assignments and implement in consultation with GM Internal Audit and other functional heads within GA to ensure completion of assignments within agreed schedule.
• Participate in the development of the annual Internal Audit Plan.
• Ensure follow up and disposal of agreed audit recommendations logged from previous audits.
• Participate in the BAC file preparation.
• Maintaining effective relationships with business management.
• Research audit tools and leading audit practices as well as reviewing the current practices in the department to ensure conformity with International Standards and Best Practices.
• Review of fraud trends in conjunction with relevant stakeholders (including GM Internal Audit) and direct development of appropriate audit strategies for this risk.
• Periodic review of risk based audit process. Continue to update awareness of risk issues and changes across relevant business units and use this knowledge to amend audit approach where necessary
• Review documentation; approval and communication of policies and procedures as well as providing consultancy on their risk related elements.
Job Holder Specifications:
Education/Qualifications:
• CPA PART III
• A Business-related degree is essential