Position Summary

The Principal Internal Auditor shall Develop internal audit policies and procedures, Implement and review the Internal audit charter, Develop annual internal audit work plans and budget, review internal audit reports, and assess the adequacy of compliance, control and governance processes put in place by the management and also provide an independent objective assurance designed to add value and improve the Institute’s operations by assisting the management and Audit Committee in the effective discharge of their duties and responsibilities.

Duties and responsibilities will entail: –

• Developing Internal Audit Policies and Procedures;
• Developing, implement, and Reviewing the internal audit charter;
• Developing internal audit strategic plan;
• Developing annual internal audit work plans and budgets;
• Reviewing of internal audit reports;
• Preparing final internal audit activities reports;
• Supervising Internal Audit staff;
• Liaising with external auditors and other external assurance providers;
• Providing advisory services to Management and the Board;
• Evaluating internal controls framework;
• Executing the annual internal audit work plan;
• Supervising assurance internal audit activities;
• Assuring the effectiveness of the Institute’s risk management framework;
• Liaising and working closely with the law enforcement agencies, commissions, and professional bodies mandated to conduct investigations into incidents of fraud and other irregularities to prevent, detect, and investigate identified malpractices;
• Ensuring follow-up on the implementation of audit recommendations; and
• Ensuring compliance with the Internal Audit Charter, Public Finance Management Act, 2015 Regulations, and any other guidelines issued from time to time by the Government and the Institute of Internal Auditors.

Qualifications

For appointment to this grade, a candidate must have: –

• Bachelor’s Degree in accounting or other relevant fields from a recognized institution;
• Masters Degree in accounting or other relevant fields from a recognized institution.
• CPA (K) and CIA, CISA, or any equivalent qualification from a recognized institution;
• Active Member of ICPAK or IIA;
• Minimum six (6) relevant work experience;
• Management course lasting not less than four (4) weeks from a recognized institution;
• Computer skills in audit and accounting software; and
• Fulfill the requirements for Chapter six (6) of the Constitution.

Functional Skills, Behavioral Competencies and Attributes:

Functional skills

• Leadership skills;
• Strategic management skills;
• Problem-solving skills;
• Conflict management skills;
• Communication skills;
• Interpersonal skills;
• Organizational skills;
• Negotiation skills;
• Team building; and
• Analytical skills.

Behavioral Competencies/Attributes

• Critical thinking;
• Strategic thinking;
• Ability to work under pressure;
• Knowledge of statistical software for data entry, analysis, extraction, and reporting;
• Problems are highly complex, requiring significant research and creative thinking.