REF: YEDF/MIA/12/2023
Terms of Employment: Contract – 5 years renewable, subject to satisfactory performance

Purpose of Job:

The job holder will ensure the Fund’s internal control systems, risk management framework, and governance structure. He/she will be in charge of the operations and programs of the Internal Audit and will report functionally to the YEDF Board Committee responsible for the Audit Function and administratively to the Chief Executive Officer.

Job Description:

Duties and responsibilities at this level will entail:

• Formulate internal audit policies, strategies, and procedures for the YEDF;
• Develop and review audit techniques, guidelines systems, and processes;
• Ascertain the YEDF’s compliance with the relevant internal audit statutes, policies, administrative government circulars, and guidelines;
• Oversee internal audit and quality assurance activities;
• Coordinate the execution of investigations, forensic audits, and other special assignments;
• Identify and profile various risks inherent in specific audit assignments;
• Oversee the preparation of reports on audit findings and make appropriate recommendations;
• Prepare detailed, understandable, and cross-referenced work papers to evidence work done and for future references, in compliance with standards for professionals in internal audit;
• Execute audit activities to ensure reliability and integrity of information and effective use of the YEDF resources and compliance with contracts, standards, and policies; and
• Compile and present reports to the Internal Audit Committee on audit recommendations.

Job Specifications:

For appointment to this grade, an officer must have:

• A minimum period of eight (8) years of relevant work experience three (3) years of which should have been in Management;
• Bachelor’s degree in any of the following fields: Finance, Accounting, Business Administration, Mathematics, Actuarial Science, Statistics, or equivalent qualification from a recognized institution;
• Master’s degree in any of the following fields: Finance, Accounting, Business Administration, Mathematics, Statistics, or equivalent qualification from a recognized institution;
• Have any of the following final professional qualifications: Certified Public Accountants (K), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), or Association of Certified Chartered Accountants;
• Membership to a professional body;
• Management Course lasting not less than four (4) weeks from a recognized institution;
• Demonstrated professional competence, and administrative and managerial capability as reflected in work performance and results.