MINISTRY OF FINANCE AND DEVELOPMENT PLANNING
EXTERNAL CIRCULAR NOTICE NO 1 OF 2025
FIN/HR/ADVERTS/02
DEPARTMENT: Internal Audit
DIVISION: Internal Audit
JOB DETAILS
- Job Title: Senior Internal Auditor
- Grade: H
- Number of Positions: Two (2)
- Responsible To: Internal Audit Manager
MAIN PURPOSE OF THE JOB
To implement practical audit programs, develop and update a risk-based annual audit plan, Internal Audit Manuals, and training guides.
MAIN DUTIES
1. Implements Practical Audit Programs
1.1 Reviews and evaluates the adequacy and effectiveness of audit programs in achieving audit objectives.
1.2 Approves audit programs as prepared by Internal Audit teams.
1.3 Monitors the implementation of audit programs and initiates necessary changes during the course of the audit.
2. Develops a Risk-Based Annual Audit Plan
2.1 Selects the highest risk areas for immediate audit based on the division’s risk assessment program.
2.2 Initiates changes to the annual audit plan based on substantial changes that may occur during the year.
3. Develops and Updates Internal Audit Manuals and Training Guides
3.1 Participates in the development and review of the Internal Audit Manual.
3.2 Conducts research and develops on-the-job training programs for junior staff.
3.3 Orients staff on standards and the code of ethics.
4. Manages the Internal Audit Function
4.1 Approves work plans and working papers for the audit teams.
4.2 Appraises Internal Auditors on their annual performance and identifies their training needs.
4.3 Develops training plans for junior staff.
4.4 Contributes to the preparation of the budget for the section.
4.5 Reviews operational reports prepared by line ministries.
4.6 Supervises audit teams assigned by the Principal Internal Auditor.
4.7 Directs the audit staff in conducting interviews, reviewing documents, developing and administering surveys, and composing summary memos.
4.8 Supervises the preparation of written Internal Audit reports for communication with executive management.
5. Reports Periodically to Senior Management and Chief Audit Executive
5.1 Reports annually to Senior Management on internal audit purpose, authority, responsibility, and performance relative to its plan and conformance with code of ethics and standards. This includes reporting significant risk and control issues, fraud risks, governance issues, and other matters requiring attention.
5.2 Reports periodically to the Chief Audit Executive on the organizational independence of internal audit activity in line ministries and agencies.
5.3 Communicates Internal Audit activities, plans, resource requirements, and limitations to Principal Secretaries/Heads of Agencies and the Chief Audit Executive.
5.4 Reports the performance of Internal Audit Activity periodically to the Director of Internal Audit.
5.5 Reports periodically on the implementation of the Audit Manual and Charter.
5.6 Identifies and reports emerging risks to the Director of Internal Audit.
JOB SPECIFICATION
Education and Training
- Certified Internal Auditor (CIA) / Master’s in Internal Auditing or Master’s in BCom Accounting
- Three (3) years of working experience in Internal Auditing
OR
- Three (3) years of working experience in Internal Auditing
- Degree in Internal Auditing, Professional Internal Auditor, B.Comm/General Accountant/BBA
- Five (5) years of working experience in an Internal Audit Senior Management position
Other Relevant Knowledge
- Public financial management, procurement acts, treasury, procurement, stores rules, and regulations
- Public Service Act, rules, and regulations
- Enterprise Risk Management frameworks
- Forensic and investigative auditing
- Data analytics
RESPONSIBILITIES
For Work of Others
The role requires fostering harmonious relations between the Ministry of Finance & Development Planning and other line ministries.
For Resources Controlled
Responsible for the safekeeping of internal audit reports.
For Effect of Errors
Requires great attention to detail, accuracy in calculations, and effective forecasting and projections.
COMPLEXITY
Authority for Decision-Making
- Evaluates and improves the effectiveness of risk management and controls.
- Develops annual work plans.
Problem Solving
- Resolves administrative issues within the internal audit management staff and line ministries.
Supervision Received
- Reports to the Principal Internal Auditor.
- Guided by relevant financial legislation, regulations, and strategic plans, including the Public Service Act, Treasury Regulations, the Lesotho Constitution, and the Loans & Guarantees Act.
Knowledge Management
- Ensures knowledge and information are recorded, shared, and utilized effectively.
Change Management
- Champions and drives continuous improvement in a results-focused environment.
DEXTERITY
Minimal dexterity required.
CONTACTS
Internal Contacts
- Regular interaction with heads of departments, line ministries, and the Auditor General.
EFFORTS
Mental Effort
- High mental effort required for conflict resolution and strategic decision-making.
Physical Effort
- Minimal physical effort required.
Emotional Effort
- Must be able to handle work-related challenges and resolve conflicts.
WORKING CONDITIONS
Unfavorable Conditions
- Minimal exposure to adverse working conditions.
Hazards
- Minimal risk involved in day-to-day activities.
APPLICATION DETAILS
Submit applications to:
Government Complex, Ministry of Finance, Planning Department – Human Resources 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