2021-08-05

Internal Audit and Compliance – Mogadishu, Somalia

Mogadishu, Somalia
Posted on August 5, 2021

Zamzam Foundation

Internal Audit and Compliance – Mogadishu, Somalia

ZamZam Foundation is looking for Internal Audit and Compliance

Zamzam Foundation is a humanitarian and development charity founded in Mogadishu, Somalia in 1992 to serve the most vulnerable members of society at a time of severe crisis

A non-governmental and not-for profit organization, Zamzam established itself in the heart of the humanitarian emergency that followed the outbreak of the civil war in Somalia in 1991. Since then, we have grown to become the largest national humanitarian and development organization in Somalia with nearly three decades of experience providing relief and support services to those most affected by the joint forces of war and famine.

Position: Internal Audit & Compliance (full time) Contract

Length: One year

Location: Mogadishu

Internal Audit & Compliance The Internal Audit and compliance will be in charge of ensuring provision of independent and objective opinions on the overall effectiveness of policies, procedures and standards designed to add value and improve operations.

Also, the incumbent will be responsible for providing reasonable assurance that compliance with donor requirements, internal control, corporate governance and risk management systems are functioning as intended.

Job Responsibilities

Review of Organizational Policies:

In charge of developing Internal Audit departmental policies and procedures

Offer timely support to management team in the development and review of departmental policies and procedures for all organization’s functions.

Ensure that all organization’s policies and procedures are adequately approved and ratified senior management and the Board as appropriate.

Grants/ funds Support: Ensure that funds are utilized efficiently and that there is value for money and accountability is provided for all funds.

Technically support the development and improvement of guidelines for the management of donor funds

Responsible for developing and implementing plans for follow up of donor audit report actions.

In charge of the regular review and evaluate the adequacy of accountabilities presented by fund holders.

Send regular reports on activity areas that require improvement in terms of accountability for funds

Confirm that the planned activities (service delivery, procurement, distribution, storage, infrastructural improvements, etc) are carried out efficiently and effectively confirming that there was value for money

Make recommendations to improve or address the gaps identified and follow up these to ensure audit actions are being implemented.

Auditing Activities: Ensure that internal audits are effectively carried out and audit recommendations are implemented for improved compliance and efficiency:

Develop risk-based quarterly audit plans detailing the scope, nature and timing of the audit activities at the organization and other offsite auditees.

Develop audit programs for audit assignments ensuring that all priority issues have been addressed

Carry out internal audit tests in the audit program to assess compliance to the organization policies and procedures, documenting the results of each test

Discuss interim audit findings with auditees for clarity and ownership.

Write audit reports documenting areas of non-compliance

Send audit reports to the senior management as appropriate, for action

Actively monitor and provide feedback to senior management, on the timely implementation of management recommendations following audit reports.

Oversee the budgets of other organization’s branches such schools, university ensuring efficient usage and high standards of accountability.

Ensure that funds advanced/ allocated to ZZF branches are accounted for in timely manner

Ensure the efficient and frugal management of branches’ budget.

Receive periodic/monthly financial statements and budget updates from ZZF branches; taking appropriate corrective action in case of any variance from what has been planned

Carry out internal audit and reviews in the financial reports of the ZZF branches to assess compliance to the organization policies and procedures, documenting the results of each test.

Work closely with finance officers and mangers of ZZF branches to ensure proper financial controlling and spending

procurement function to contract for goods and services

Any other duties assigned by the director general.

Essential Skills

Good leadership skills

Good report writing skills

Planning and organizing

Excellent oral and written communication skills

Excellent interpersonal skills – tactful in dealing with people

Excellent analytical skills

Good negotiation skills

Excellent Communication and interpersonal skills

Competencies:

Customer Service,

Problem solving skills

Ability to work under pressure,(planning , prioritization, multitasking and delegation)

Teamwork,

Job Working Conditions

Working conditions are normal for an office environment. Work may require occasional weekend and/or evening work

Required Qualifications:

Master’s degree in relevant area such as, finance or accounting; certified public accounting CPA or Association of chartered Certified Accounts (ACCA) or related field.

Should have experience in capacity building Should have good commend in report writing

Excellent interpersonal, communication

Working experiences 4 years in related field