Internal Audit Manager at Privatization Commission

Ref. PC/IAM/11/22

Other key responsibilities include: 

• Review budgetary performance, financial management, transparency and accountability mechanisms and processes;
• Facilitate external Audit function;
• Initiate development of the Audit charter;
• Provide reasonable assurance on the state of risk management, control and governance within the Commission;
• Review effectiveness of financial and non-financial performance management systems;
• Assess compliance with applicable laws, regulations, policies and procedures;
• Assess whether resources are acquired economically, utilized efficiently and adequately protected;
• Provide secretariat services to the Audit Committee;
• Develop and coordinate implementation of audit strategies, policies and procedures to ensure achievement of Commission’s objectives;
• Prepare and coordinate the implementation of the risk based annual audit plan in consultation with Management and Audit Committee of the Commission;
• Coordinate the preparation of audit reports on completion of each assignment to ensure timely issuance to Management for implementation of recommended actions;
• Monitor progress and effectiveness of action taken to implement audit recommendations received from both internal and external audits;
• Coordinate execution of special audits/investigations;
• Prepare and present quarterly audit reports to the Audit Committee of the Commission;
• Evaluate the performance of staff in the Department to ascertain efficiency and effectiveness in work performance in meeting the objectives of the function; and
• Approve departmental budgets and work plans to match operational requirements with available funds, control and manage the budget and expenditure.

Requirements for Appointment
For appointment to this grade, a candidate must have: 

• At least ten (10) years’ relevant experience gained from a reputable public or private organization;
• At least three (3) years’ experience in management;
• Bachelor’s degree in Accounting, Finance or Business Administration or relevant field from a recognized university;
• Master’s degree in Business Administration or relevant field from a recognized institution;
• CPA or ACCA finalist;
• CIA/CISA;
• Member of ICPAK or any other professional body in good standing;
• Attended a management course lasting not less than four (4) weeks from a recognized institution;
• Demonstrated results in work performance; 
• Proficiency in computer applications; and
• Fulfil the requirements of chapter six of the Constitution