Internal Audit Officer – Mogadishu, Somalia

Central Bank of Somalia

Internal Audit Officer – Mogadishu, Somalia

BANKIGA DHEXE EE SOOMAALIYA 

CENTRAL BANK OF SOMALIA

Job Description

Post Title

Internal Audit Officer

Duty Station

CBS Headquarter

Expected starting date

May, 2021

Status

Permanent

Appointment period

Full-time

Reports to

Head Division, Audit Operations, Financial & Compliance

Supervises

None

1-  Job Purpose

The internal audit officer of operations is responsible for performing and executing audit operational activities in the bank in order to review the quality and effectiveness of the controls within the bank and mainly focus on the key processes, procedures, system, as well as internal control which the main objective is to improve productivity and has also should target the leak of key control and processes that cause waste of resources and then recommend for improvement.

2-  Duties and Responsibilities

Prepares and conducts operational audits.

Attend entrance and exit meetings and interviews in auditee departments to ensure timely and quality audits.

Document the business processes, workflow systems, prepare follow charts and questionnaire for operational audits to ensure adequate audit coverage.

Perform technical work, operational, and managerial audits of audit operations in accordance with accepted professional standards and best practices.

Follow the audit procedures to accomplish objectives and address major risk exposures of the assignment within allocated resources.

Exercise professional judgment to determine materiality of findings and adequacy and effectiveness of the audit operations.

Prepare working papers for relevant audits conducted by the section to ensure that all audit findings are adequately supported.

Prepare and conduct special investigations as may be assigned by Audit Management.

Develop a risk-based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology.

Carries out audit tests and prepare working papers in accordance with professional IIA standards evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives. Identify and document control and process weaknesses and provide evidential support for findings.

Propose practical and value-added recommendations to address control weaknesses and/or process inefficiencies.

Any other duties that may be assigned from time to time.

3-  Expected Outputs

Audit Plans and Audit Programs.

Effective field Audits.

Drafted working papers.

Comprehensive Audit report.

4-  Qualifications

Education:

A Minimum of a bachelor’s degree in Accounting or Business Administration from a recognized institution.

Master’s degree in similar field and professional qualifications (e.g., ACCA, CPA, CISA, and CIA) will be added advantage.

Experience:

At least 3 years in Audit and accounting of which at least 1 should be in internal audit

with a reputable organization.

Language:

Operationally fluent in both Somali and English, in both speaking and writing.

5-  Skills and Competencies

Good analytical skills

Good knowledge of CAATs

Knowledge of risk management & internal control

Knowledge of Business Operations

Technical knowledge of Audit Frameworks

Good team player

Knowledge of IIA Standards

Good communication/presentation skills

Application Procedure:

Qualified national applicants with required skills are invited to submit their electronic applications and updated resumes through email;   recruitment@centralbank.gov.so and copy to internal.audit@centralbank.gov.so not later Than Thursday 8th April 2021, midnight Mogadishu time. Incomplete Applications and those received after deadline will not be considered. Per newly approved human resources policy, Central Bank is equal opportunity employer, female applicants are highly encouraged to apply. Please note Only shortlisted candidates will be contacted.

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