Head, Internal Audit

Employer: The African Capacity Building Foundation (ACBF)

Location:Harare

Grade: PS-6

Type of Contract: Fixed Term Renewable (subject to probationary period of 1 year)

Deadline: Sunday, February 22, 2015

The Foundation seeks to recruit Head of Internal Audit. The Head, Internal Audit reports administratively to the Executive Secretary and functionally to the Audit and Risk Committee (ARC) of the Executive Board. The incumbent is responsible for coordinating and planning of audit work (audits, financial management reviews and special investigations), maintaining currency of the information in the audit system, assuring standard quality of audits performed, and maintaining organizational relationships. He/she is responsible for evaluating internal control system, recommending improvements to the internal control system, and investigating the impact of fraud. The incumbent also provides highest level of professional service whilst maintaining the highest ethical standards and due professional care.

Duties and Responsibilities

1. Establish appropriate policies and procedures to guide the internal audit function.
2. Establish risk-based audit plans to set out the priorities of the internal audit function, consistent with organizational objectives.
3. Ensure that the internal plan of engagements is based on a risk assessment, done at least annually.
4. Coordinate internal auditing activities and plans with other internal and external providers of assurance and consulting activities to ensure proper coverage and minimize duplication of effort.
5. Develops and maintains a quality assurance and improvement program that covers all aspects of the internal audit function, and continuously monitor its effectiveness.
6. Reviews the follow up and validation engagement on the implementation of audit recommendations for Projects and the Secretariat.
7. Prepares and submits quarterly status reports to the Audit and Risk Committee of the Executive Board on internal auditing engagements and conformance of functions to professional internal auditing standards.
8. Provides technical support to management and consultancy engagements as may be assigned by the Executive Secretary and the Audit and Risk Committee of the Executive Board.
9. Reviews investigation engagements on complaints received from the whistleblowing system or other sources with regard to funded projects and the Secretariat.
10. Provides support to the Audit and Risks Committee of the Executive Board by preparing annual reports of the ARC, agenda and minutes of the ARC, quarterly reports to ARC on activities undertaken by the Internal Audit Department.
11. Assists the Audit and Risks Committee in discharging its responsibilities with regard to the Foundation’s Risk Management function.
12. Coordinates and reports on Risk Management and Fiduciary Control activities at the Foundation.

SELECTION CRITERIA
Selection will be on a competitive basis and the following minimum qualifications, experience and competencies are required:

1. Advanced university degree in auditing, finance, business administration or accounting and a Professional certification in accounting such as CPA, CA, ACCA etc. is required. Further certification such as CIA, CISA and CFE will be of additional benefit.
2. At least 12 years of progressively responsible professional experience in auditing, with at least 5 years at the management level. A minimum of 5 years should be in an international organization.
3. In- depth knowledge of internal control systems and risk management.
4. Excellent English Language skills. Working knowledge of French will be an added advantage.
5. Must be self-initiating and be able to work independently and should have high personal work standards with strong organising, work planning and scheduling skills, capable of handling large volumes of assignments accurately and thoroughly without losing focus.
6. Excellent communication and presentation skills, both oral and written, proven ability to clearly and concisely prepare, present, discuss and defend issues, findings and recommendations; and Strong interpersonal skills.
7. Ability to make objective decisions and resolve problems, exercising the highest responsibility to handle confidential and sensitive issues in a reasonable and mature manner.
8. High ethical standards, impeccable integrity and a deep sense of fairness.

APPLICATION PROCESS
Applications, quoting “Head, Internal Audit” including curriculum vitae with three (3) referees should be received at the address below by 22 February 2015. Only candidates meeting the requirements will be contacted.

The Executive Secretary
The African Capacity Building Foundation
P.O. Box 1562
HARARE, Zimbabwe

E-mail: root@acbf-pact.org

Only shortlisted applicants being considered for interview will be contacted. The Executive Secretary reserves the right to appoint a candidate at a lower level. Qualified female candidates are strongly encouraged to apply.