Director of Internal Audit

The Private Sector Federation is a professional organization, dedicated to promote and represent the interests of the Rwandan Business Community. It is the umbrella organization and voice of the private sector.

The Private Sector Federation is a key role player in enabling the Private Sector to respond to Rwanda’s vision for its future.

Over the years, the Federation has rolled out a number of exciting private sectors in the fields of capacity building, entrepreneurship and business growth, trade promotion etc.

Offering an excellent career growth, we are looking for a qualified individual to join an exciting team at PSF and head the Internal Audit functions.

Job Title: Director of Internal Audit
Duty Station: PSF Headquarters
Reporting to: CEO and Board of Directors

Role Purpose:
Provide independent and objective assurance on the management of risk throughout the organization. Plan and execute various financial, compliance, and operational audits in accordance with accepted professional standards in order to determine compliance with PSF’s policies and procedures and adherence to applicable laws and regulations.

KEY AREAS OF RESPONSIBILITY

Among other duties, he /she shall perform the following:

Audit Planning/Design

- Develop an annual audit plan using input from PSF team and stakeholders to identify priorities and resource requirements for the year. Annual audit plan to cover all activities of PSF (Headquarters and field operations).
- Meet with Directors and Managers to discuss needs and propose audits, to build stakeholder requirements into the Federation plans.
- Ensure plan is developed to meet the Audit expectations.
- Schedule and conduct audits ensuring effective and efficient use of resources.
- Ensure quality control of the Federation’s audit plans on an ongoing basis by reviewing and approving plans as they are developed and communicated to clients.
- Ensure annual audit plans have contingency built in, to provide unexpected audits to clients as they may surface.
- Report to the CEO and Board of Directors at the required intervals on Internal Audit assignments including planned reviews, investigations, risk advisory work and any other ad-hoc activity as required.

Conducting Audits

- Oversee and provide quality control for PSF audits, to ensure business goals are met and that professional standards are maintained at all times.
- Ensure completion of audit assignments to provide independent, objective assurance to the CEO and Board of Directors.
- Develop the Audit engagement with and support of major business change programs thus ensuring that appropriate consideration of risk and control is given to all change.

Reporting

- Ensure final reports are issued with all recommendations agreed and accepted by the audited individual/group.

People Management & Development

- Manage and oversee team performance through performance planning with the HR Office.
- Hold direct reports accountable for managing and developing their assignments to ensure PSF goals are achieved and customers satisfied.
- Deal with performance issues, discipline as necessary and address poor standards, ensuring PSF targets and customer satisfaction is not compromised.

Improving the Practice of Audits/Championing Risk Management

- Build relationships with leaders across the organization to understand issues and identify areas for improvement for the organization as a whole.
- Support and encourage team members to be proactive in identifying opportunities to share best practice with Directors and Managers to improve the control environment.
- Develop new methodologies to improve the audit process, making it "easier" for the Federation to request audits and implement recommendations.
- Provide assistance to the business in meeting regulatory requirements.
- Keep abreast of developments in Corporate Governance practices and advise PSF accordingly.

Interested candidates must fulfill the following requirements:

- At least a Bachelors’ Degree in a business related subject, preferably in accountancy, from a reputable university;
- Minimum of 3-5 years of relevant experience,
- Professional qualification completed or under progress (ACCA, CPA, CIMA etc.)
- Experience working in a private organization
- Should go through knowledge of Audit techniques and management skills
- Must have good decision making, report writing and excellent communication skills
- Ability to work independently, remain focused and maintain highest integrity and objectivity.
- Having a good background and understanding of International Standards of Auditing and International Accounting standards
- Computer skills
- Stress management skills
- Time management skills
- Be honest and trustworthy

SUBMISSION OF APPLICATIONS

Interested candidates are invited to apply for the above mentioned position and submit complete applications (only hard copies) made of a CV, a motivation letter, notarized copies of diploma/degree, a copy of identity card, and three persons of reference with their phone numbers to the following address not later than 28th January 2013:
To the attention of:

The Head of Human Resources
Private Sector Federation
P.O. Box 319 Kigali, located at Gikondo
hr@psf.org.rw

Note: Only candidates qualifying for selection will be contacted for interviews.

The Management