Job Description
To execute and deliver the approved audit plan in compliance with the MIA methodology and charter.
- Ensure Divisional Internal Audit Annual Plan addresses key risks
- To plan, execute, and report on the approved audit plans for relatively more complex audits as per the MIA methodology and charter.
- Day-to-day management of resources allocated to his/her division
- To conduct research and provide input on the related audit and audit procedures.
- To review the process description/ flowcharts.
- To review identified the risks and the related key controls.
- To review the audit programme compiled for executing the key controls identified.
- To approve Audit Planning Memorandum.
- To review the audit execution in line with the audit programme.
- To perform site visits during the audit execution.
- To review compliance against the organisation’s rules, codes of practice, business ethics, internal guidelines, principles and legislation.
- To support the sharing of learning and building of stronger collaboration, teamwork and shared recognition.
- To consider the use of data analytics and data mining tools in order to provide extended audit coverage.
- To challenge current working practices and finding ways to improve internal controls.
- To review the work and coach juniors working in the audit project.
- To review and sign-off the file.
- To maintain relationships with key stakeholders.
- To review and approve draft audit report before issue.
- To review all audit reports before being issued.
Position Overview
To execute and deliver the approved audit plan in compliance with the MIA methodology and charter.
- Ensure Divisional Internal Audit Annual Plan addresses key risks
- To plan, execute, and report on the approved audit plans for relatively more complex audits as per the MIA methodology and charter.
- Day-to-day management of resources allocated to his/her division
- To conduct research and provide input on the related audit and audit procedures.
- To review the process description/ flowcharts.
- To review identified the risks and the related key controls.
- To review the audit programme compiled for executing the key controls identified.
- To approve Audit Planning Memorandum.
- To review the audit execution in line with the audit programme.
- To perform site visits during the audit execution.
- To review compliance against the organisation’s rules, codes of practice, business ethics, internal guidelines, principles and legislation.
- To support the sharing of learning and building of stronger collaboration, teamwork and shared recognition.
- To consider the use of data analytics and data mining tools in order to provide extended audit coverage.
- To challenge current working practices and finding ways to improve internal controls.
- To review the work and coach juniors working in the audit project.
- To review and sign-off the file.
- To maintain relationships with key stakeholders.
- To review and approve draft audit report before issue.
- To review all audit reports before being issued.
Specific Role Responsibilities
Process and Governance
- Planning of the projects in the division.
- Preparation of resource plans to meet the requirements of the approved audit plan.
- Supervision of a pool of multi-skilled auditors.
- On the job supervision, mentoring, coaching, motivating and training of team members.
- Implementation of the audit plan for the division
- Liaison with team members and sign-off at the planning, execution and reporting phases of each internal audit.
- Appraisal and evaluation of the performance of team members and drawing up of development plan.
- Review and sign off of audit working papers and files to ensure compliance to GIA methodology and standards.
- Review of the audit findings and the draft report.
- Interviews/meetings with the client as and when required
- Compliance with MIA administrative requirements
- Review of time records to monitor time spent against work done
- Provision of input to the Senior Manager for the overall management of the division
- Implementation and management of a risk-based audit approach.
- Provide combined assurance report to the Risk team which maps reported audits and the outcome thereof to the key risk of the organisation
- Identification of specialist skills required for audit projects and communication of these to the Senior Manager
- Preparation of quarterly progress reports for submission to senior management
- Interviews for recruitment of staff for the division
- Continuous engagements with stakeholders
- Performance of other projects within MIA as maybe requested from time to time.
Expectations
- Schedule of planned projects per division
- Completed audits within time budgeted
- Productive staff
- Proficient staff
- Completed audits as per the Audit Plan
- Coordinated and effective audits
- Developed staff
- Quality working papers and compliance to IIA Standards
- Quality audit reports
- Good client relationship
- Completed audits
- Proper administration
- Productivity analysis
- Proper management of division
- Risk based methodology
- Feedback on combine assurance providers
- Co-ordinated teams providing a holistic audit to client
- Proper reporting
- Appointment of skilled staff
- Client Satisfaction Surveys completed
- Project delivered successfully
Qualifications and Experience
At least 3-year degree qualification in accounting or auditing
At least 1 post graduate qualification
CA or CIA qualification
5 years or more internal and or external audit experience with 3 minimum experiences in a Managerial role.
Skills and Personal Attributes
Client Relationship Management
- Build and maintain client relationships.
- Communicate with senior management and operational staff.
- Conflict resolution.
- Verbal and non-verbal communication.
Code of Conduct
- Knowledge of the Motus and MIA codes of conduct.
- Adherence to the Motus and MIA codes of conduct.
Competency Requirements
- Communication: Oral, written and presentations skills
- Analytical: Problem solving, analytical and decision
- Report Writing: Writing and report development skills making skills
- Organisation: Ability to work under tight deadlines in a dynamic, fast paced environment
- Flexibility: Willingness to embrace change and show flexibility in assignments and the work environment
- Personal Motivation: Must be self-motivated and able to work independently
- Communication and Network: Interfacing with management, functional leads and support staff to achieve objectives
- Project Management: Ability to meet deadlines and prioritize multiple tasks
- Working as a Team: Working with People
- Applying Expertise: Applying Expertise and Technology
- Continuous Improvement: Creating and Innovating
- Meeting Customer Needs: Delivering Results and Meeting Customer Expectations