Internal Audit Lead at NSIA-LUTH Cancer Center (NLCC)

REPORTS TO : CEO

JOB SCOPE:

• This role is responsible for checking compliance to rules and regulation, auditing of processes and procedures as well as and ensuring risks related to the organisation are adequately identified and managed.
• To evaluate how well risks are identified and managed and more specifically to ensure compliance to rules and regulation and recommend corrective actions to improve operations, enhance internal controls and reduce costs where possible.

INTERNAL AUDIT:

• Work with the organizations Line Managers to review the existing Internal Controls in line with the rules and regulations
• Develop risk–based annual audit plans detailing the scope, nature and timing of audit activities.
• Conduct internal audits to assess the adequacy, effectiveness and efficiency of the established internal controls and procedures.
• Identify key areas of risk within the organization and propose appropriate controls to mitigate the risks.
• Review the accuracy, timeliness and relevance of financial information and other disclosures provided to management.
• Discuss audit findings and recommendations with heads of units and report significant issues to the CEO and the Board.
• Prepare audit reports in line with the approved audit plan.
• Monitor the timely implementation of the management actions recommended in the audit reports.
• Provide management with an opinion on the adequacy, effectiveness and efficiency of the internal controls in the organization.
• Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations.
• Determine internal audit scope and develop annual plans.
• Prepare and present reports that reflect audit results and document processes.
• Identify loopholes and recommend risk aversion measures and cost savings.
• Maintain open communication with management and board audit committee.
• Document process and prepare audit findings memorandum.
• Conduct follow up audits to monitor management’s interventions.
• Ensures formulation of and compliance with SOPs for each unit by line managers and team members and regular review of same based on alteration in operational processes.
• Monitors all unit processes to ensure reduced wastage of resources

CONTINUOUS IMPROVEMENT:

• Assist the development of an internal control culture;
• Monitor the trends and developments in the internal audit area.
• Conduct ad-hoc investigations and reviews as requested by the board and CEO of the organization.

JOB REQUIREMENT

• Degree in Accounting/Financial Accounting or Financial Management (essential);
• Minimum of 7 years’ experience in Internal Audit with at least three years in a supervisory position;
• Must be a Chartered Accountant (i.e. ACA, ACCA or CIMA Accountant or equivalent)
• MBA or Masters Degree in Accounting an added advantage.

KEY COMPETENCE & BEHAVIORAL EXPECTATIONS:

• Result oriented with proven zeal for delivery and execution.
• Self-motivated and self-directed - Ability to work on own initiative and as part of a team.
• Able to multi-task, prioritize, and manage time effectively.
• Must Demonstrate professionalism towards sensitive and confidential information.
• Excellent organizational and Leadership skills
• Knowledge of risk based internal auditing.
• Highly Proficient computer skills, Microsoft Office Suite (Word, PowerPoint, Outlook, and Excel especially)
• A proven ability to work independently and prioritize and manage  workload to complete audits and deliver timely reports.
• Commitment to accuracy, attention to detail and follow-through with a focus on producing objective, credible, timely and the highest quality reports.
• Strong analytical and problem-solving skills with a readiness to take initiative to resolve issues.
• High Emotional Intelligence and Good interpersonal skills with a persuasive, diplomatic and confident manner.
• An ability to build effective working relationships and provide professional advice at all levels.
• Excellent verbal and written communication skills - effective communication and listening skills. The ability to prepare and deliver concise oral and written reports.