Job Title: Internal Audit Director
Ministry/Agency: Ministry of Finance
Department:
Grade Level & Classification: Grade 7
Reporting to: Director General
Salary: $803
Hours: 36 Hrs Per Week
Location: Baidoa, Somalia

1. Purpose of the position

The internal auditor will work within the Ministry to monitor and evaluate how well risks are being managed, and consider the effectiveness of internal processes and the application of controls
The scope and nature of audits can vary significantly but the main priority of the work of an internal auditor is to contribute to providing an independent and objective assurance to the Permanent Secretary on the risk and control environment across the organization.
The work will help senior management to provide evidence to stakeholders that the Ministry is being managed and controlled effectively.

2. Responsibilities & Duties

The work of the internal auditor is varied and the range of tasks can include:
PREPARATION & PLANNING
• Research and prepare for internal audit assignments in accordance with the standards in The Internal Audit Manual
• In advance of audit start up
(a) Establish a Working Papers file in accordance with the guidance in the Internal Audit Manual
(b) Draft an Audit Terms of Reference for the audit,
(c) Consult and advise the auditee on the audit, including a request for comments on the draft terms of reference.
(d) Arrange an introductory / start up meeting with the auditee

FIELDWORK
• Meet with auditees to discuss and gain an understanding of internal processes and controls
• Document and evaluate controls to determine their adequacy and effectiveness to ensure
(i) compliance with policies and procedures,
(ii) accomplishment of the Ministry’s objectives,
(iii) reliability and integrity of information within the Ministry,
(iv) Economical use of resources, and (v) safeguarding of assets.

Test how well the identified controls are working in practice

• Prepare working papers in accordance with the Internal Audit manual for review by the senior auditor
• Review working papers prepared by assistant auditors
• Develop and discuss findings; where possible come to agreement on recommendations and timeliness for corrective actions with responsible officers of operations audited

REPORTING
• Draft audit reports for entire assignment or portion of assignment. Reports to include executive summary, findings and recommendations arising from the review.
• Before being issued to auditee the draft audit report to be quality assured by Head Internal audit/Senior Auditor
• Issue draft audit report to auditee with a request for comments within 15 working days
• On receipt of comments, review and update the report as appropriate.
• Issue Final Audit Report to Permanent Secretary

FOLLOW UP
• After a period of 3 months follow up the audit to ensure that agreed recommendations have been implemented
• Results of follow up reported to Permanent Secretary

CONTINUOUS DEVELOPMENT
• The responsibilities also require a commitment to internal audit – learning, development and continuous improvement
• It will be a requirement to undertake internal audit training

2. Qualifications/Training and experience

Internal audit covers all aspects of the Ministry’s business, it is a varied role and auditors can come from a range of backgrounds and levels of education. A degree or qualification in one of the following subjects is considered beneficial:
• Degree in finance / Accounting/ Economics or any other equivalent degree is needed for the post with At least 3 years’ experience in working in accounting or finance environment

3. Internal Audit Director Skills and Specifications
Some of the core typical skills and specifications that an associate director should have include the following:
• Impressive communication and management skills.
• Great verbal and written communication and skills.
• Superb coordination skills i.e. adjusting actions as per others’ actions.
• Active listening that involves paying full attention to the opinions of others.
• Superb interpersonal skills to push a proposal through.
• The candidate must be able to work under pressure

How to Apply

• Please click this link and download the form: 
Application Form 
after filling this form, confidential application can be addressed to [email protected] not later than 5th December 2024 and please attach only the form you filled.
• Only shortlisted candidate will be contacted for interview.

• Note: 
Write the title of the position on the subject of your Email.