Job Description
The Internal Audit Manager heads the Internal Audit Department at EMBD reporting directly to the Audit Committee, administratively reporting to the CEO and supervising the Internal Audit Assistant. Responsible for leading the internal audit function and conducting internal audits of business and financial processes with a view to providing independent, objective assurance to the Board of EMBD and its Management on the adequacy and effectiveness of systems and processes, risk management and control, together with insightful, commercially-viable recommendations to improve those processes.
Key and Critical Responsibilities
<div><b><u>Strategic Planning and Management </u></b></div><div>- Plan and develop a risk-based Internal Audit Strategic Plan for the EMBD, aligned with Institute of Internal Auditors' Standards in all aspects of the companys business functions for formal approval by the Board of Directors via the Audit Committee. </div><div>- Plan and execute internal audit work programmes in accordance with the approved Internal Audit Strategic Plan or other directives of the Audit Committee. </div><div>- Timely delivery and consistent monitoring of budgets for completion of the audit programme in accordance with the approved Internal Audit Strategic Plan. </div><div>- Lead development and communication of audit plans, audit findings, management action plans, and monitoring activities to the Audit Committee. </div><div>- Communicate Internal Audit Department requirements (budget, resources, etc.) to the CEO, having consulted with the Manager Finance, for approval by the Board of Directors via the Audit Committee. </div><div>- Allocate resources, assigning and reviewing audit teams work for standard conformance, budget, time schedules, and commitments. </div><div><br></div><div><b><u>Reporting and Compliance </u></b></div><div>- Report on routine financial controls testing to the Manager Finance, CEO, and Audit Committee. </div><div>- Monitoring the timeliness and completeness of statutory reporting to ensure consistent compliance. </div><div>- Assist the Manager Finance in the coordination and support of the external audit team with respect to administrative matters in the field including inter alia accommodation, monitoring attendance, internal communications, monitoring of outstanding deliverables, etc. </div><div><br></div><div><b><u>Team Development and Collaboration </u></b></div><div>- Coach and develop the Internal Audit Team; support ongoing professional development and promote positive employee relations. </div><div>- Recommend and support process improvements and collaborate with departments to bring about solutions to ensure strong internal controls. </div><div>- Collaborate with key personnel in all Units of the Company to train and inform functional and operational leaders at all levels in business risks and offer suggestions to mitigate risk. </div><div><br></div><div><b><u>Monitoring and Improvement </u></b></div><div>- Maintain current education and awareness of evolving external factors impacting operational, financial, and technology reporting and control measures. </div><div>- Must be current with changes in the external environment and be able to assess and report on their potential impact to the Company, in addition to making recommendations for mitigating same. </div><div>- Performs such tasks as may be required for the smooth operation of the department and organisation. </div><div>- Represents the Internal Audit Department when needed. </div><div><br></div><div><b style="letter-spacing: 0.4px;"><u>INDIVIDUAL SAFETY RESPONSIBILITY:</u></b></div><div>- It is the responsibility of each employee to protect oneself as well as fellow employees from injury. Work shall be conducted according to established safe practices and procedures. Please refer to EMBD's Environmental, Health and Safety Policies.</div><div> </div>
Key Competencies
<b><u>Qualifications: Minimum </u></b><div>- Certified Internal Auditor (CIA) or Member of the Association of Chartered Certified Accountants (ACCA) or equivalent recognized professional qualification such as CPA, CGA, CIMA.</div><div><br></div><div><b><u>Qualifications: Minimum</u></b></div><div>- Five (5) to eight (8) years experience in Internal Audit or related field. </div><div>- Experience in heading a department or audit team will be an asset. </div><div>- Experience in Public Sector/State Enterprise and a Post Graduate Degree, Certified Information Systems Auditor (CISA), Certified Fraud Examiner (CFE) or MBA (Risk Management Specialty) will be considered an asset. </div><div><br></div><div><b><u>Behavioural Competencies: Desired </u></b></div><div>- Demonstrated success in audit management by influencing compliance and controls while building strong internal and external partnerships, providing coaching and guidance. </div><div>- Exceptional communication skills (written and verbal); leading and presenting complex materials for various audiences. </div><div>- Able to think strategically and act tactically; hands on leader and coach. </div><div>- Demonstrated strong change management skills.</div><div><br></div><div><b><u>Technical Competencies: Desired </u></b></div><div>- Current knowledge and proficiency with MS Office suite; Knowledge of Accounting Application Software and Audit Software will be an asset. </div><div>- Knowledge of Technology-based audit techniques. </div><div>- Strong understanding of critical financial business metrics and ability to analyze data. </div><div>- Experience interacting with the Audit Committee of a Board strongly preferred.</div><div> </div><div> </div>