Chief Internal Auditor

Job Description:

The Chief Internal Auditor will carry out its responsibilities by:

• Developing and periodically reviewing with management and the Audit Committee the Internal Audit mission, and adapting it, as necessary, to encompass, changes to the company’s services, organization and objectives.
• Carrying out the role of secretary of audit committee.
• Developing flexible annual audit plans, using appropriate risk-based methodology- including risk and internal concerns identified by management or internal audit.
• Submitting an annual internal audit plan to the Audit Committee for review each year, and periodically updating the plan, as necessary, and submitting material changes to the Audit Committee for approval as warranted.
• Carrying out the internal audit plan, as approved and revised, from time to time.
• Carrying out any special assignments or activities, requested by management or the Audit Committee.
• Maintaining a professional audit staff with sufficient experience, knowledge, skills and professional qualification/certification to meet the needs of the Internal Audit function as they evolve from time to time.
•  Reporting audit activities and significant issues to the top management and the Audit Committee.
• Keeping informed the top management and the Audit Committee of emerging issues, trends and practices of internal auditing.
• Communicating opportunities for improving management controls, profitability, functioning and organization of the company to top management and the Audit Committee.
• Coordinating the internal audit function with other departments and functions of the company, including, without limitation, legal and independent auditors.
• Performing any other activities appropriate to the internal audit functions as determined by the Audit Committee and top management.
• Reviewing the reliability and integrity of financial and operating information and how it is identified, measured, classified and reported.
• Reviewing the systems established to ensure compliance with laws and regulations.
• Reviewing the systems established to safeguard assets and
• Appraising the economical and efficient use of resources.
• Evaluating the adequacy and effectiveness of the company’s processes for controlling activities and managing risks.
• Testing key financial reporting controls in identified financial systems and processes.

Qualification:  Member of recognized body of professional accountant, CICA, CFE, CIA & MBA or Equivalent. 

Overall Experience: At least 10 years of audit experience. Candidate with both public &corporate sector audit experience will be given preference.