Position: Internal Auditor
Department: Audit
Reports To: Internal Audit Manager
Main Purpose:
To carry out scheduled audit engagements as per the board approved annual internal audit plan.
Major Tasks:
- Obtains background information of area to be audited and reviews to gain an understanding of business unit operations, objectives, risks and controls.
- Sends out audit notifications informing management of the upcoming audits.
- Holds opening meetings with auditees to discuss objective of audit and the draft scope. Documents and circulates the minutes of meeting to attendees and files them.
- Reviews process maps, conducts process walkthroughs and performs analytical reviews of financial and operational information for documenting the understanding of business unit processes.
- Documents the agreed scope in an engagement letter and submits it for review by the Internal Audit Manager and sign off by the GM: Internal Audit.
- Evaluates the adequacy and effectiveness of the internal controls, risk management and corporate governance processes by assessing risks and controls documented by the department, identifies and documents additional risks and controls which may not be included
- Designs and documents analytical tests, control tests and substantive tests based on the risk and control assessment done.
- Identifies and documents preliminary audit observations from the field work and holds meetings with line management to discuss and provide supporting documentation.
- Prepares the draft audit report and submits it to the Internal Audit Manager for review. Sends the report to management to provide responses on remedial action to be taken.
- Conducts a root cause analysis for control deficiencies discussed and agreed with management and submits draft findings to the Internal Audit Manager for review.
- Conducts exit meetings with management to discuss draft audit findings and management responses and agree on revisions to draft findings and management responses, remedial action plans with timelines.
- Prepares final audit report and submits it to the Internal Audit Manager for review and GM: Internal Audit for release.
- Executes ad hoc audits, investigations, consulting and advisory assignments as per Internal Audit Manager’s instructions.
Educational Qualifications and Related Experience:
- A degree in Internal Auditing, Risk Management, Accounting, Finance, Business Administration, or a related field.
- Professional qualifications (e.g. IAT, PIA, CIA, ACCA, CIMA, or CPA) are a plus.
- 3-5 years proven experience in internal auditing, risk assessment, and internal controls within a corporate environment.
- 3-5 years experience in telecommunications or a similarly regulated industry is desirable.
Knowledge Areas & Competencies:
- Financial accounting
- Internal controls
- Risk management
- Internal auditing
- Report writing
- Oral presentation skills
- Proficiency in audit methodologies and techniques
Interested applicants should submit applications with two references on or before Friday, 13th December 2024.
Candidates who have not been contacted by Friday, 20th December 2024 should consider their applications not successful.