Head - Internal Audit, PFA at Learning Impact Model

Job Description

• The Head, Internal Audit reports to the CEO and is responsible for providing independent and objective assurance on the effectiveness of the Pension Fund Administrator’s (PFA) internal controls, risk management, and governance processes. This role ensures compliance with PenCom regulations, financial integrity, and operational efficiency by conducting regular audits and evaluations of the organization’s activities.

Key Expectations of the Role

• Develop and implement the internal audit strategy and annual audit plan.
• Conduct risk-based audits to assess financial, operational, and compliance risks.
• Ensure adherence to PenCom regulations, financial reporting standards, and internal policies.
• Evaluate the effectiveness of internal controls and recommend improvements.
• Prepare audit reports detailing findings, risks, and actionable recommendations for management.
• Monitor the implementation of audit recommendations to enhance governance and efficiency.
• Act as a liaison with external auditors, regulatory bodies, and relevant stakeholders.
• Provide advisory support on risk management and fraud prevention strategies.

Key Requirements for the Role

• A minimum of a Bachelor's degree in Accounting, Finance, Business Administration, or a related field. A Master’s degree or professional certification (ICAN, ACCA, CIA, CISA) is an added advantage.
• Minimum of 10 years of relevant experience, with at least 8 years in the financial services industry and 4 years in leadership roles within the financial services industry
• Preference will be given to candidates with experience as a Head of Unit/Department within the pension industry
• Strong understanding of PenCom regulations, IFRS, and internal control frameworks.
• Proven experience in conducting audits, forensic investigations, and fraud detection.
• Excellent analytical, problem-solving, and report-writing skills.
• High ethical standards and objectivity in evaluating business processes.
• Strong ability to interpret financial data and assess compliance risks.