Apply to
JAFAIN CONSORTIUM, INC.
Libercell Bldg., 1st Floor, Suite #1
Corner of Randall & Benson Streets
Monrovia, Liberia (tel. 231-6-539-450: email: jafaininc@yahoo.com)
Position Purpose
A reputable financial institution seeks an experienced Internal Audit Manager for its operations in Monrovia, Liberia. Candidate will be part of a supportive working environment that allows opportunities for growth.
Functional Title: Manager of Internal Audit
Corporate Title: Vice President
The Internal Audit Manager is responsible for coordinating and overseeing the overall risk assessment of the institution and the execution of the annual audit plan. Introduce computer assisted auditing techniques (CATTs) and other technological enhancement into all facets of the internal audit function. Work in coordinating controls assessments and evaluations with the Management Team.
Reports to:
The Audit Manager reports primarily to the Audit Committee of the Board of Directors and secondarily to the Chief Executive Officer.
Duties and Responsibilities:
The incumbent is expected to conduct risk-based audits of existing audit entities (departments, sections, processes, controls and applications) in the institution. The audits are to be conducted together with both financial and information technology auditing aspects. The institution's systems and applications that are currently in use are of a moderate to high complexity, and based on a variety of technology infrastructures. The internal audit department must be organized to identify significant control and integrity weaknesses that may prohibit the effective design and operation of various departments, sections, and information systems. Internal audits must also include an analysis and assessment of the quality and relevance of processes, procedures, and controls, as well as data and logic retained by the institution's applications. The Internal Audit Manager must:
- Oversee and manage the financial and information technology audit functions
- Ensure the audit work performed is in accordance with generally accepted auditing standards
- A proper study and evaluation of the existing internal controls should be the basis for planning and programming the audit work
- Sufficient competent evidential matter should be obtained through inspection, observation, inquiries and confirmations to provide a reasonable basis for an opinion regarding the financial statements under examination
- Prepare and discuss audit findings and recommendations for the improvement of control deficiencies with management
- Utilize a risk-based approach to planning and performing audits
- Uphold firm standards and follow firm procedures
- Aid in analyzing the audit process to improve efficiencies and effectiveness
- Recognize audit issues and perform related research
- Ensure that current automated audit techniques are implemented in order to more efficiently and effectively accomplish the overall responsibilities and objectives of the internal audit function (CATT - computer audit techniques, audit software, sophisticated statistical sampling techniques and automated work papers)
- Serve as in-house advisor and consultant on procedural and operational issues
- Fulfill the various responsibilities of directors relating to audits
- Develop a thorough understanding of business applications, risks and processes for assigned audits
- Define and analyze date flows for business applications with the objective of evaluating controls over date collection, processing and storage
- Assess data and application controls against the institutions standard and recommend improvements to support its risk mitigation objectives
- Perform other such functions of the office as may be required from time to time by the CEO and/or senior management
Job Qualifications & Skills:
- Bachelor degree in accounting or business administration.
- A CPA or CA certification (an MBA is a plus)
- Basic Information Technology skills or working knowledge and experiences
- Excellent written and oral communication skills
- At least ten years internal audit hands-on working experience
- A minimum of seven years experience with demonstrated increase in the level of responsibilities and supervision
- * High level of integrity and ability to exercise confidentiality
- The ability to exercise sound judgment in the assessment of IT risks and the evaluation and conclusion on the adequacy of controls.
- Good skills in performing data analysis and use of data analytical software
- Knowledge of financial institutional products, processes and applications would be an added asset
- Must observe legal and ethical guidelines for safeguarding the confidentiality of assets
- Knowledge of accounting principles, auditing standards and techniques, and laws and regulations governing financial institutions in Liberia
Interested qualified candidates must send updated CV with two photographs and contact detail, along with references, to the address above. Email applications accepted.
Closing date: July 31, 2008
© 2008 by The Perspective
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