AFC Holdings is looking for a Group Head -Internal Audit

Group Head -Internal Audit

Application deadline date has been passed for this Job.
This job has been Expired

Group Head -Internal Audit

  • Post Date:July 17, 2023
  • Views 873
0 Applications
  • Career Level Executive
    Qualification Master’s Degree
    Experience 10-15 Years
  • Industry Banking
Job Description

AFC Holdings seeks to recruit a Group Head -internal Audit. Reporting to the Group Board of Directors with a dotted line to the Group Chief Executive Officer, the Group Head – Internal Audit will be responsible for the formulation of the Group’s Internal Audit Strategy, including programmes and procedures to evaluate the effectiveness and adequacy of the Group’s internal control environment; planning, organizing, directing, and controlling the day to day Internal Audit activities and ensuring that all audit work is performed independently with due diligence and timeliness.

The role requires considerable, demonstrable experience in auditing complex information technology driven environments for compliance with applicable regulations, internal control regimes, development frameworks, and best practices.

Duties and Responsibilities

  • Prepare and administer an annual audit plan efficiently.
  • Plan and oversee audits operational efficiencies and compliance with all policies, procedures and regulations.
  • Maintain a comprehensive system for recording all audit plans, work papers, findings, reports, and follow-up audits.
  • Ensure the timely and accurate completion of the audit plan.
  • Prepare and complete detailed audit work.
  • Conduct audit exit conferences.
  • Conduct special audits as required by management and issue results.
  • Recommend revisions and/or additions to policies and procedures in order to improve operations as well as internal controls.
  • Perform analysis or conduct projects as requested by the Group.
  • Respond to ad hoc requests to address control issues on new business processes policies and procedures, and provide consultative services to management

Job Skills and Competencies

  • Sound knowledge and understanding of corporate governance and the risk environment.
  • Exposure to World Class ICT Systems with a bias towards banking and insurance systems audit including cyber related risks.
  • Ability to investigate and understand emerging trends particularly in the banking, insurance and agriculture sectors, explore and evaluate and advise the Group timeously.
  • Must be able to coordinate and assist external and regulatory auditors.
  • Must be able to work well with a variety of personalities and balance multiple work priorities.

Qualifications and Experience

  • A Bachelor’s Degree in Auditing, Accounting, Finance or equivalent.
  • Chartered Accountant CA (Z).
  • Professional certification such as CIA is desirable.
  • MBA or MBL is a plus; 10+ years of experience in the financial services sector.
  • Knowledge of Insurance and Banking business systems, rules and regulations is a distinct added advantage.

Interested candidates should submit applications, accompanied by a detailed resume no later than 19 July 2023. All applications should be emailed to [email protected] clearly indicating the position being applied for as your e-mail subject reference.

Please note that only shortlisted applicants will be responded to.