MINISTRY OF FINANCE AND DEVELOPMENT PLANNING
EXTERNAL CIRCULAR NOTICE NO 1 OF 2025
FIN/HR/ADVERTS/02
Department: Development Planning
Division: Internal Audit
Job Title: Manager, Internal Audit
Grade: I
Responsible To: Deputy Principal Secretary
Main Purpose of the Job
The incumbent will oversee the implementation of the Internal Audit Manual and Charter, monitor the implementation of policies, guidelines, systems, and procedures, and evaluate and improve the effectiveness of risk management, internal controls, and governance processes.
Main Duties
1. Oversee the Implementation of the Internal Audit Manual and Charter
1.1 Provide continuous guidance and training on the use of the Internal Audit Manual for all staff.
1.2 Distribute the Internal Audit Charter to staff to raise awareness of the role and responsibilities of the Internal Audit function.
2. Monitor Implementation of Policies, Guidelines, Systems, and Procedures
2.1 Conduct consultative discussions with stakeholders to ensure compliance with internal controls, systems, and procedures.
2.2 Monitor productivity and targets set by management.
2.3 Ensure availability of necessary working tools for Internal Audit staff.
3. Evaluate and Improve Effectiveness of Risk Management
3.1 Participate in the identification and evaluation of organizational risk areas.
3.2 Oversee the development of a risk-based audit plan.
4. Manage the Internal Audit Division
4.1 Approve annual work plans for the Senior Internal Auditor.
4.2 Conduct performance appraisals for Senior Internal Auditors and determine their training needs.
4.3 Compile the training plan for the division.
4.4 Prepare and monitor the divisional budget.
4.5 Design programs for staff orientation on professional standards for internal auditing and code of ethics.
5. Report Periodically to Senior Management and Chief Audit Executive
5.1 Report annually to Senior Management on:
- Internal audit purpose, authority, and responsibility
- Performance relative to audit plans
- Compliance with code of ethics and professional standards
- Significant risks, control issues, fraud risks, governance issues, and other critical matters.
5.2 Communicate Internal Audit activities, plans, resource needs, and limitations to the Deputy Principal Secretary and Chief Audit Executive.
5.3 Report periodic performance assessments of the Internal Audit division to the Director of Internal Audit.
5.4 Provide updates on the implementation of the Internal Audit Manual and Charter.
5.5 Identify and report emerging risks to the Deputy Principal Secretary and Director of Internal Audit.
Job Specification
Education and Training:
- Certified Internal Auditor (CIA) / Master’s Degree in Internal Auditing / Master’s in B.Com Accounting, with three (3) years of experience in a Senior Management position.
- OR Bachelor’s Degree in Internal Auditing, B.Com Accounting, General Accounting, BBA, or Professional Internal Auditor Certification, with five (5) years of experience in a Senior Management position.
Other Relevant Knowledge:
- Public Financial Management
- Public Procurement Act and related regulations
- Treasury and Stores Rules & Regulations
- Public Act, Rules, and Regulations
- Enterprise Risk Management and Frameworks
- Forensic and Investigative Auditing
- Data Analytics
Key Responsibilities
1. Responsibility for Work of Others
The role requires fostering harmonious relations between the Ministry of Finance and Development Planning and other line ministries.
2. Responsibility for Resources Controlled
The incumbent is responsible for the safe-keeping of Internal Audit reports.
3. Effect of Errors
Errors in judgment could lead to:
- Financial miscalculations
- Faulty forecasting and projections
- Compromised internal controls
4. Complexity
The role requires:
- Strong analytical skills
- Attention to detail
- Proactive risk management to avoid ambiguous and unenforceable agreements.
5. Authority for Decision-Making
The incumbent has the authority to make decisions related to:
- Evaluating and improving risk management effectiveness
- Developing and approving annual work plans
6. Problem-Solving Skills
- The ability to resolve administrative challenges within Internal Audit staff and line ministries.
7. Supervision Received
The incumbent reports to the Director of Internal Audit and follows:
- Public Service Act and associated regulations
- Financial legislation, rules, and regulations
- Ministry’s Strategic Plan
- Loans and Guarantees Act
- Stores Regulations
- Public Service Rules
- Lesotho Constitution
- Pension Proclamation
8. Knowledge Management
- Ensure that knowledge and information are properly documented, shared, and utilized for organizational benefit.
9. Change Management
- Ability to champion and implement change within a results-oriented environment.
10. Dexterity
- Minimal physical dexterity required.
11. Contact and Communication
- Regular interactions with:
- Heads of Departments
- Line Ministries
- Auditor General’s Office
12. Mental Effort
- High mental effort is required to handle internal and external conflicts effectively.
13. Physical Effort
- Minimal physical effort is required.
14. Emotional Effort
- Must be able to handle work-related pressures and problem-solving with professionalism.
15. Unfavorable Working Conditions & Hazards
- Minimal exposure to unfavorable conditions or hazards.
Application Submission
📍 Government Complex, Africa House
🏢 Development Planning, Human Resource Office, 1st Floor, Room 105
NB:
APPLICANTS WHO ARE SHORTLISTED WILL BE REQUIRED TO SUBMIT CERTIFICATES OF VERIFICATION OF EDUCATIONAL
CERTIFICATES FROM THE COUNCIL OF HOGHER EDUCATION (CHE)
Applications on relevant forms GP103 for job seekers and GP 104 for serving officers accompanied by certified copies of educational certificates and transcripts and National
Identity Document (ID) should be addressed to:
Human Resources Office
Ministry of Finance
P. O. Box 395
Maseru
NOT LATER THAN FRIDAY 14th APRIL 2025