Job Title: Chief Internal Auditor

Req Id 2401 - Posted 06/14/2020 - Client - Pakistan

OUR CLIENT, A PUBLIC SECTOR COMPANY PLAYING A KEY ROLE IN THE ENERGY SECTOR OF
PAKISTAN IS LOOKING TO HIRE A
CHIEF INTERNAL AUDITOR- ISLAMABAD

Team player with a demonstrable passion for improving quality assurance and regulatory compliance, have strong inter personal skills
and ability to articulate complex scenarios to operational teams as well as at the board level.

TERMS AND CONDITIONS

Our Employer is an equal opportunity employer. Females are encouraged to apply

No TA/DA will be provided for interview
Only shortlisted candidates fulfilling the required experience/qualification will be contacted for interview
No Applicants will be entertained after the Due-Date i.e 29th June 2020 and all appointments will be made on open merit.

Mandatory documents for submission of application

(Please ensure to upload the below documents in Additional Documents Section)
Copy of Testimonials (Latest Education Degree and Membership Certificates)
Resume
Recent Photograph

Qualification

The eligible candidate is a member of the Institute of Chartered Accountants of Pakistan OR Institute of Cost and Management
Accountants of Pakistan; OR
i. is a Certified Internal Auditor; or
ii. is a Certified Fraud Examiner; or
iii. is a Certified Internal Control Auditor; or
iv. has a post graduate degree in business, finance from a university or equivalent recognized and approved by the Higher Education
Commission of Pakistan (HEC) and is a member of a professional body relevant to such qualification.

Experience

At least ten (10) years of experience in the fields of audit, finance or corporate affairs functions of a company with at least five years
managing an internal audit function. Public sector and/or energy sector experience is preferred but not mandatory.

Key Responsibilities

Lead the development and implementation of a risk-based internal audit strategy and annual plan for the group.
Plan and conduct audits to assess controls, operational and technical efficiencies and compliance with selected policies,
procedures and regulations.
Champion best practice in governance, objectively assess the adequacy of governance systems and management of existing
risks, comment on responses to emerging risks and propose new developments.
Develop employer’s risk management framework and monitor the risk maturity (including employer’s own assessment) and
ensure this is reflected in the strategy.
Internal Audit and Continuous Improvement:
Design, implement, test and modify controls in specific organisation systems, to provide assurance of operational and
technical efficiency at the corporate level.
Identify instances of over and under control and provide management with a clear articulation of residual risks where existing
controls are inadequate.
Keep abreast of legislative issues, new audit regulations/trends and appropriate audit direction/methodology. Discuss updates
of new regulations with MD and relevant departments/ directors.
Conduct periodic training workshops to promote awareness of internal controls and discuss changes in policies that will
impact the organisation.
Participate in various committees or task forces geared to policy/procedure development and operational improvements.
Risk Management and Compliance:
Provide an objective and evidence based annual opinion on the adequacy and effectiveness of all aspects of employer’s
governance, risk management and internal control to facilitate the drafting of the annual governance report.
Promote the highest standards of ethics and standards across the organisation based on the principles of integrity, objectivity,
competence and confidentiality.
 Review the adequacy of key corporate arrangements including such as risk strategy, risk register, anti-fraud and corruption
strategy, corporate plan.
Review significant partnership arrangements and major services provided by third parties and the controls in place to promote
and protect employer’s interests. Assess whether lines of responsibility and assurance are clear.
Reporting
Prepare and present accurate internal audit reports for consideration of the audit committee and the board.
Report on internal control issues and the implementation of the internal audit plan to senior management and the Board.
Systems and Policy Development:
Review and opine on whole range of controls including those relating to achieving value for money and the prevention and
detection of fraud and corruption.
Provide advice on proposed developments such as major new systems and proposed initiatives to help ensure risks are
properly identified and evaluated and appropriate controls built in.
Establish logical and systematic methods of identifying, analysing, evaluating, treating, monitoring and communicating the
risks associated with employer activities, functions or processes in a way that will enable the organisation to minimise losses
and maximise opportunities.
Budgeting and Reporting:
Manage budgets and costs of all activities which he/she is accountable for.
Report periodically (monthly, quarterly and annually) on the performance of the Directorate (budgets Vs actual targets)
Leadership:
Develop a departmental annual work plan and financial budget and monitor their implementation in line with the Business plan