Manager – Financial Audits

Job description

Position

MANAGER – FINANCIAL AUDITS

Job Purpose / Description

Assists the Senior Manager- Specialised Audits in managing internal audit staff for financial audits in the planning, organizing, directing, and monitoring of internal audit operations, including assisting in training, evaluating staff and taking effective actions to address performance matters.

Qualifications

• Full Grade 12 School Certificate
• A financial and/or accounting bachelor’s degree or a professional qualification like ACCA, or CIMA, or CA Zambia.
• Other professional qualifications like CIA, or CISA or CFE is an added advantage.

Experience and Requirements

At least 5 years’ experience internal and/or external auditing and at least 3 years of supervisory experience.

Job Accountabilities

• Manages the identification and evaluation of auditable areas in the accountable units and develops risk-based annual internal audit plans for financial audits.
• Leads the Entry Conferences and Exit Conferences of each audit project.
• Develops audit objectives, plans, and scope consistent with the Internal Audit Charter, the assessment of audit risk, and the audit needs/priorities.
• Schedules audits, determines the resources that are necessary, and seeing that the approved audit plan is accomplished to the extent staffing allows.
• Manages the performance of internal audit assignments, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures.
• Reviews and approves detailed audit programs tailored to each audit to ensure that no specific tests or activities necessary for the audit are overlooked and to assist in preventing ineffective audit techniques from being performed. This review process is directed at specific accomplishment of defined audit objectives.
• Manages the internal audit staff in conducting interviews, reviewing documents, developing and administering surveys, composing summary memos, and preparing working papers.
• Manages the internal audit staff in the identification, development, and documentation of audit issues and recommendations for improvement.
• Communicates with those who need to know about audits and interfacing with personnel throughout the organization, particularly those being audited, to resolve audit issues and achieve the desired corrective actions.
• Manages audits and reviews the work performed to ensure the adequacy of audit scope, the adequacy of testing performed, and the accuracy of conclusions reached. Audit work will also be reviewed for compliance with policies and procedures and the Standards for the Professional Practice of Internal Auditing.
• Communicates the results of audit and consulting projects through written reports and oral presentations on a timely basis to management.
• Develops and maintains productive team-oriented client, staff, and management relationships through individual contacts and group meetings.
• Pursues professional development opportunities, including external and internal training and professional association memberships, and shares information gained with staff.
• Represents internal auditing on organizational project teams, at management and with external organizations as delegated.
• Ensures that the policies, procedures and systems for the delivery of audit services in financial audits are adequate, effective and complies with International Standards for the Professional Practice of Internal Auditing.
• Evaluates auditor performance and counseling auditors to strengthen the person’s knowledge/skills/development.
• Enhances staff skills development by providing training and coaching to staff.
• Facilitates the audit process by resolving issues and staff questions during the day-to-day progress of audits.
• Designs the Unit’s organizational structure and staffing to effectively accomplish the Company’s goals and objectives.
• Perform any administrative duties assigned to you by the Supervisor.