Scope of the Position

This position leads the Internal Audit Directorate in the Fund in the accomplishment of its mission of providing assurance and to assist in the management of Fund’s risks

Key duties and responsibilities

v  Manages all Internal Audit activities to fulfill the purpose and responsibilities as approved by the Audit Committee of the Board;

v  Provides risk management and internal control support regarding effective operating and designed controls, risk mitigation strategies and overall compliance with Fund’s policies and procedures;

v  Manages and reviews all test work, including the internal control environment and promoting continuous enhancements and improvement of ­financial and operational controls, processes and system capabilities;

v  Advises on adequacy of policy and guidelines on ethics and fraud investigation;

v  Oversees the overall work quality of the Directorate of Internal Audit, which includes maintaining or updating, as necessary, the Directorate’s quality assurance standards;  

v  Performs annual risk assessment during audit planning and development of audit strategy, audit plan, and audit scope;

v  Ensures maintenance of conducive relationship throughout the Fund as a means of obtaining information needed to perform functional duties, provide business advisory service and strategic recommendation;

v  Periodically communicates and provides recommendations based on audit results to the Management and the Audit Committee of the Board;  

v  Oversees the execution of other tasks or special assignments when required by the Management or Board of Trustees such as review of system implementations, due diligence review and internal investigation;  

v  Interfacing with the External auditors and participating in Management response to the External Auditor’s comments and recommendations to the statutory audit;

v  Performs such other duties as may be assigned by the Director General or Board of Trustees.

The following distinct areas of expertise and experience are required:

• A Master’s Degree in Financial Management, Accounting/Finance or related field of study,

• Must be a holder of CPA (T), Certified Internal Auditor (CIA), or equivalent professional qualifications and be registered with NBAA as Certifi­ed Public Account;

• Should be a Certified Fraud Examiner (CFE);

• A minimum period of twelve (12) years of relevant work experience, ten (10) years of which in a senior managerial position in a reputable organization and related fi­eld.

• Strong leadership skills;

• Excellent communication skills;

• Project Management skills.