INTERNAL AUDITOR

Introduction

The Private Agricultural Sector Support (PASS) Trust is looking to recruit a competent, qualified person to fill a position of Internal Auditor. The workstation shall be at the Trust’s Head Office in Dar es Salaam, with some travel outside Dar es Salaam.

The Job

The Internal Auditor will be assisting the Manager Internal Audit on audit functions as well as on risk and compliance functions.

He/she will report to the Internal Audit Manager.

Job Responsibilities

0n Audit

On audit functions he/she will be assisting on preparing and implementing audit plans to assess, report on, and make suggestions for improving the Trust’s business, operations and governance practices.

He will be assisting on formulation of audit programs, assigning and directing resources to complete audit plans as scheduled, writing internal audit reports and conducting follow-up audits.

Essential Duties will include to:

• Objectively review the Trust’s business, governance (includes policies?), and its operating processes
• Evaluate the efficiency of risk management procedures that are in place
• Ascertain whether the Trust is complying with internal policies and external relevant laws and statutes
• Make recommendations on how to improve internal controls and governance processes
• Review and evaluate Information Technology system controls, policies, and procedures
• Conduct business efficiency audits (management audits)
• Prepare and administer an annual audit plan.
• Plan and audit operations to assess controls, operational efficiencies and compliance with policies, procedures, and regulations.
• Maintain a comprehensive system for recording all audit plans, work papers, findings, reports, and follow-up audits.
• Ensure timely and accurate completion of the audit plan.
• Conduct special audits as may be required by and issue reports.
• Recommend revisions and/or additions to policies and procedures to improve operations as well as internal controls.
• Respond to ad hoc requests to address control issues on new business processes, policies, and procedures, and provide consultative services to management.
• Provide liaison for the work of external auditors and coordinate management responses to those audits’ issues

On Risk and Compliance

On risk and control activities, the Auditor will be responsible for Planning, directing and coordinating risk management activities of the Trust to ensure strong risk management practices and compliance with ethical, policies, legal and regulatory standards.

He/she will be coordinating activities relating identifying and documenting risks the Trust is vulnerable to and identifying existing controls, implementing, and documenting new internal controls, and establishing an internal monitoring function as well as assessing the Trust’s compliance with such controls.

The responsibilities include to:

• Facilitate and ensure risks are assessed and risk management strategies are developed.
• Ensure risk management guiding documents (risk management framework, risk management manual, risk registers, business continuity plan and disaster recovery pan) are developed, updated and kept current all the times.
• Identify compliance issues that require follow-up or investigation.
• Discuss emerging compliance issues with management or employees.
• Collaborate with human resources unit to ensure the implementation of consistent disciplinary action strategies in cases of violation of compliance requirements.
• Advise internal management or business partners on the implementation or operation of compliance programs.
• Provide employee training on compliance related topics, policies, or procedures.
• Raise violations of compliance or regulatory standards to the manager of internal audit.
• Design or implement improvements in communication, monitoring, or enforcement of compliance standards.

The Person

Minimum Job Requirements

• A Certified Public Accountant (CPA) with active membership, and member of Institute of Internal Auditors.
• Relevant Bachelor’s degree from a reputable higher learning institution
• Working experience of at least 8 years of post – professional qualification, in a busy environment such as banks and telecoms.
• Demonstrable experience in handling risk management and compliance functions.
• Experience with auditing in a big four firm will be an added advantage,
• Knowledge, Skills and Abilities Required
• Knowledge of internal auditing policies, standards, and procedures.
• Ability to work effectively under tight deadlines.
• Ability to communicate effectively, both orally and in writing.
• Skill in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures.
• Ability to foster a cooperative work environment.
• Ability to provide technical guidance and training to others.
• Ability to develop, plan, and implement short- and long-range goals.
• Employee development and performance management skills.
• Knowledge of auditing concepts and principles.
• Ability to develop and implement audit plans and schedules.
• Knowledge of accounting procedures, laws, regulations, and standards.
• Ability to persuade and influence others.
• Understanding of IT control environment.