Reporting to the Board of Directors and administratively to the Chief Executive Officer, the Group Internal Auditor will drive the Audit Committee’s agenda of enhancing compliance across the organization by providing independent, objective evaluation and assurance as well as advice designed to add value and improve operations while focusing on internal control systems, risk management, and governance.
Core deliverables include developing comprehensive risk-based internal audit plans, effective risk identification, assessment and mitigation, timely reporting and communication across the organisation, and collaboration with cross-functional teams.
Key Outputs and Accountabilities
Risk Assessment and Management
- Undertake a risk assessment of systems, processes, and controls, and develop a risk map to be shared with management and the Board.
- Continually develop, review, and enhance strategies for assessing and mitigating risks across operations, ensuring the effectiveness of internal controls.
Internal Audit Planning and Implementation
- Develop and implement the approved Internal Audit Charter.
- Develop and implement an Annual Risk-Based Audit Plan, providing a comprehensive assessment of operating systems, policies, and processes from an internal control, compliance, and efficiency perspective.
- Develop and implement internal auditing policies and procedures. Participate in various committees geared towards policy/procedure development and operational improvements.
Fraud Prevention and Anti-Fraud Controls
- Engage with heads of functions, external auditors, and subject matter experts in implementing anti-fraud monitoring and fraud prevention controls.
- Thoroughly investigate incidents and prepare comprehensive reports with recommendations aimed at eliminating recurrence.
- Monitor lessons learned from past incidents and ensure that remedial actions are proactively implemented; directly follow up on audits to assess management’s progress in implementing agreed-upon actions.
Reporting and Communication
- Report and discuss the findings of audit reviews with the Board management and the Audit Committee on a constructive basis to develop the most appropriate recommendations for issues arising.
- Develop strong working relationships with external auditors and stakeholders as required, and follow up on the implementation of their recommendations.
Qualifications and Experience
- Bachelor’s degree in finance or related field, a Master's is preferred.
- Full CPA (K), ACCA, CISA, or CIA qualification.
- Certification in IT audits.
- Member of a relevant professional body.
- At least ten (10) years of experience working in a holding company, five (5) of which must be in a managerial position.
- High attention to detail, excellent analytical and presentation skills.
- Strategic and independent thinker.
- Strong leadership, task management, planning and organisational skills.
- Must possess high standards of integrity, ethics, and confidentiality.
- Ability to build collaborative relationships across the organisation.
- Research and investigation skills.
- Highest level of personal and professional integrity.
