The Office of the Auditor General provides independent, objective assurance and consulting services designed to add value and improve the Bank’s operations. It also assists the Bank to accomplish its strategic objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. The Office of the Auditor General is responsible for planning, organizing, directing, and controlling a broad, comprehensive program of auditing and consulting/advisory services both internally and externally including, without limitation, all projects, and programs of the Bank group
THE POSITION:
The overall objective of this position is to provide independent and objective assurance and consulting and advisory services in compliance with established professional internal auditing standards. The Internal Auditor will perform audits and advisory/consulting services covering Bank Group activities and operations.
KEY FUNCTIONS:
Large and Complex Audits
Under the supervision and guidance of the Division Manager or any designated supervisor, the Internal Auditor will assist with a certain level of autonomy in conducting large and complex audit/advisory assignments relating to the financial, operational and administrative functions of the Bank. This will involve the following:
- Participate in audit missions in Member Countries, at Project Executing Agencies, and visit of projects sites. Advice on compliance with Bank Rules, Regulations, Policies, and Procedures to improve project implementation.
- Contributing to the audit planning, reviewing the organization structure of the activity to be audited; preparing flow chart and risk control matrix, contributing to the preparation of audit programmes and the audit planning memorandum.
- Carry out audit tests and assist in obtaining, analyzing and appraising data as a basis for an informed, objective opinion on the activity being audited. Examine documentation (vouchers, account ledgers and other operational documents such as Loan Agreements, Country Operation files, Disbursement files etc.).
- Hold working sessions, gather appropriate evidence about the function/activity under review.
- Contribute to the preparation of audit reports that express opinions on the adequacy and effectiveness of the internal control and risk management processes of activities audited and recommend corrective actions.
- Draft audit findings and recommendations for the supervising auditor review and discuss them with auditees.
- Maintain and document Audit Working Paper.
- Analyze auditees’ response to audit findings and recommendations and prepare draft final audit reports for review and approval before issuance to the President and the Boards.
Small and less Complex Audits
Plan and conduct small audits relating to the financial, operational and administrative activities such as the Grants and Special Funds administered by the Bank
- Plan audits and determine the audit objectives, scope, criteria, methodology to be used to ensure that the audit adequately covers the selected area of the Bank's operations, activities, systems, and controls.
- Determine the audit approach and techniques to facilitate the conduct of the audit and prepare the planning memorandum for Manager’s and Auditor General’s approval.
- Prepare Audit Programme to ensure a systematic approach to the audit and ensure that the scope of the audit is covered adequately.
- Conduct the fieldwork by collecting data, documents, and information, testing and analysing such information, identifying weaknesses, causes and effects of variances, errors, non-compliance with rules, regulations, policies, procedures, etc with a strong focus on using data analytics and analytical tools.
- Present and discuss audit findings of particularly significant impact or recommendations for substantial changes in procedures, workflow or organization, with concerned Managers and Directors to obtain their agreement.
- Prepare the Preliminary Audit Report containing observations, conclusions, and recommendations to enhance controls, safeguard the assets or image of the Bank, improve working procedures and ensure that resources are efficiently utilized
- Prepare the Final Internal Audit Report after incorporating the comments of the auditee Departments under the supervision of the Manager for transmission to the Auditor General.
- Monitor the implementation of audit recommendations to ensure that the weaknesses observed are corrected and do not recur.
COMPETENCIES: (skills, experience and knowledge)
- A minimum of a master’s degree in Audit, Finance, Accounting, Business Administration, or in a related discipline.
- A minimum of four (4) years of auditing experience in an internationally recognized professional accounting firm or an International Financial Institution. Practical data analytics experience would be a plus.
- Sound knowledge and auditing experience of private and public sector operations, financial instruments, and information systems such as SAP Hana system, Enterprise Risk Management (ERM), Integrated Audit Approach.
- Good interpersonal, communication and analytical skills.
- Ability to deal with sensitive issues in a multi-cultural environment and to build effective working relations with colleagues.
- Demonstrated ability to meet deadlines while ensuring quality and exceeding client expectations.
- Ability to apply international audit standards to deliver quality audit report in line with the Bank’s strategy needs/situation.
- Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other language.
- Proficiency in use of computer Aided Audit tools like ACL, Pentana, TeamMate, AuditBoard etc. Experience in the use of data analytical tools is a plus.
THIS POSITION IS CLASSIFIED AS INTERNATIONAL RECRUITMENT AND ATTRACTS INTERNATIONAL TERMS AND CONDITIONS OF EMPLOYMENT.
Gmail
Yahoomail