Position Title: Head - Internal Audit
Directorate: Internal Audit
Reports to: Audit Committee

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Job Summary

The employee shall be responsible for the internal audit function of the Authority.

The employee shall be directly answerable in the performance of his/her duties and conduct to the Audit Committee and shall observe and comply with all reasonable, lawful and proper guidelines and directions as may be issued by the Audit Committee.

In the drive towards better corporate governance, the Head of Internal Audit shall provide independent assurance that the Authority’s governance and internal control processes are operating effectively.

 

Main Duties and Responsibilities

• Develop annual internal audit plans;
• Perform risk assessments on key business activities and using this information to guide what to cover in audits;
• Conduct internal audits and prepare and distribute internal audit reports highlighting issues and recommendations to relevant management team members and the audit Committee;
• Liaise with management and assist via a consulting role in the implementation of audit recommendations;
• Maintain an ‘Audit Committee Actions Register’ which would include all actions requested by the Audit Committee to management;
• Conduct annual Value for Money Audits;
• Liaise as necessary with the National Audit Office (NAO) and the government’s Internal Audit and Investigation Department (IAID);
• Provide ad hoc advice and guidance to managers and staff at all levels, sometimes by delivering governance awareness courses and training sessions;
• Anticipate emerging issues through research and good internal communication with Management and decide how best to deal with them;
• Provide support and guidance to management on how to handle new opportunities identified via internal audit and other assignments;
• Assess how well the Authority is complying to rules and regulations and informing management whether any issues need addressing;
• Manage a variety of stakeholders and their expectations through regular communications;
• Conduct any other audits, internal investigations or any other ad hoc assignments as requested by the Audit Committee or Board of Directors.

 

Technical/Professional Expertise

• Degree Level of Education with more than 5 years’ experience in leading an Internal Audit function. Qualifications in Accounting and/or Law will be considered an asset;
• ‘Certified Information Systems Auditor’ (CISA) qualification will be considered an asset;
• Previous experience within a Government Entity will be considered an asset;
• ‘Certified Internal Auditor’ Certification (CIA);
• ‘Certified Information Systems Auditor’ (CISA);
• Ability to work under pressure in a fast-paced and changing environment;
• Takes responsibility and ownership of tasks at hand;
• Possess excellent investigative and analytical skills.