Our client, NetOne Cellular (Private) Limited seeks to engage a suitably qualified and experienced candidate to fill the position of Head Audit.
The Head Audit is responsible for the development and implementation of an internal audit plan for the company. The incumbent takes the lead role in the day to day execution of internal audits with the objective of improving the effectiveness of risk management, internal controls, and governance processes.
The incumbent will report to the Board Audit Committee.
Develops an annual internal audit plan using risk based support models and methodologies and ensures its full implementation;
Schedules and assigns audits to team members, ensuring effective and efficient use of resources;
Oversees and provides quality control for the department’s audits, to ensure departmental mandate and business goals are met, and that professional standards are maintained at all times;
Reports to the Board Audit Committee at the required intervals on Internal Audit assignments including planned reviews, investigations, risk advisory work and any other ad-hoc activity as required;
Facilitates the formulation of new procedures and organizational changes resulting from audit/consulting engagements and discusses changes in related policies, rules, procedures, and methods;
Researches and keeps abreast with new audit regulations/trends, new and emerging technologies, tools, and methodology, and elicits information from knowledgeable internal/external sources about areas and functions to evaluate or analyze;
Liaises with and implements recommendations of External Auditors;
Develops and manages the department’s budget;
Supervises, evaluates, instructs, delegates duties and tasks, directly mentors, counsels and monitors the audit staff, and ensure staff compliance with regulations, company policies, deadlines, and auditing standards;
Maintains a professional audit staff with sufficient knowledge, training, skills, and experience to meet the requirements of the Board Audit Committee.
A Bachelor of Commerce in Accounting degree or equivalent is a prerequisite;
Must be a Chartered Accountant;
A holder of a post graduate degree such as MBA or equivalent will have an added advantage;
A minimum of 8 years similar work experience, 4 years of which should have been at a managerial level.
Excellent communication and negotiation skills;
Must have excellent process evaluation and analysis skills
A thorough understanding of systems and risk based auditing;
Must be able to evaluate and interpret financial statements;
Must have a thorough understanding of market trends and related dynamics and be able to advice management accordingly;