ROLE PURPOSE
Responsible for Internal Audit cell i.e. financial, commercial and technical audit
ROLE ACCOUNTABILITIES
Plan, control and record the audit work appropriately to determine the priorities, establish and achieve objectives
Test operating effectiveness of processes, policies, codes put in place in IKEDC Identify and evaluate the organization’s internal control system as a basis for reporting its adequacy and effectiveness
Ensure the timely availability of approved audit strategies and operating plans that reflect the longer-term corporate goals and priorities established by the Board of Directors
Lead the planning process within the audit function, reviewing strategy and plans and ensuring the timely availability of reports justifying current plans, policies, procedures, practices and proposed changes in operational practices and ensuring their compatibility with Board strategy and goals.
Ensure timely initiation and completion of Annual Audit Plan.
Ensure compliance with statutory requirements.
Ensure the availability of up-to-date audit standards, covering all aspects (including hierarchy of key ratios; codes of conduct and discipline; quality standards, codes and practices).
Establish audit program, schedules and procedures.
Agree the scope of external audit with the external auditors.
Develop the audit policies & procedures & manuals.
Conduct special investigations.
Ensure compliance with all technical, safety, environmental specifications and standards.
Report findings, conclusions and recommendations arising out of audit and ensure it is communicated effectively
Lead teams that carry out investigations wherever necessary
Provide the board with an assessment of primary risks in the functioning of IKEDC Monitor compliance with technical standards and specifications and initiate action to correct non- compliance
Ensure that adequate procedures exist for a speedy investigation of major incidents occurring on the system.
Ensure that investigations into major incidents are conducted thoroughly and that they conclude with an acceptable report explaining the true causes and associated responsibilities and making recommendations to prevent recurrence.
Submit periodical reports to MD/ CEO and audit committee and departmental heads on important audit findings and represents the company in various forums.
Assist and appraise the top management and audit committee in achieving the overall objectives of the company through efficient performance of the departments Monitor Cell’s performance through Key Performance Measures.
Prepare the Cell budget requirements and getting the same approved, etc
Design and develop training programmes for the officers responsible for the internal audit
SKILLS
Technical Competencies
· Risk Analysis techniques
· Advance Audit techniques
Behavioral Competencies
· Attention to details
· Perseverance
This application closes on the 31st of May 2014