3 Job Positions of Internal Auditor Specialist Under Statute at MINECOFIN: (Deadline 30 November 2022)

3 Job Positions of Internal Auditor Specialist Under Statute at MINECOFIN: (Deadline 30 November 2022)

Job description

Under direct supervision and guidance of the chief internal auditor, the Internal Auditor Specialist will be responsible of the following:

1. Prepare annual audit plan
– Participate and supervise Local Government internal audit team in carrying out risk assessment for Local Government
institutions and identify areas of high risks for joint and individual audits prioritization;
– Support Local Government internal audit team in preparation of risk based annual audit plan;
– Assist Local Government internal audit team in designing the audit plan with clear timing and proper resource allocation;
– Ensure that the annual internal audit plans are discussed with management and approved by District Council/Audit committee of
the institution.

2. Carry out Financial, performance, systematic, compliance and Forensic auditing in Local Government institutions
– Provide technical support to Local Government internal auditors and participate in evaluating the effectiveness of internal
controls over revenues, expenditures, assets and liabilities designed to optimize the economical and efficient use of resources
and effectiveness of operations;
– Participate and Supervise Local Government internal audit team in assessing the adequacy and effectiveness of internal control
systems, risk management and governance processes;
– Supervise and Participate in conducting joint audit assignments with internal auditors from Local Government;
– Assist in Developing and reviewing audit programs for Local Government audit assignments
– Perform any ad hoc investigative assignments in Local Government entities

3.Train and Coach Central Government Internal Auditors
– Supervise activities of internal auditors across Local Government entities;
– Carry out quality review of Government Internal Auditors’ work including but not limited to the annual audit plans, audit programs,
internal audit reports and provide timely feedback for improvement;
– Disseminate internal audit regulations, policies, guidelines and audit methodology to Central Government Internal Auditors;
– Identify staff capacity building gaps and areas that need improvements, develop capacity building plan and propose continuous
professional development program for Local Government internal auditors and audit committees.

4. Consolidate internal Audit and Audit Committee reports.
– Consolidate quarterly and semi-annually internal audit reports from Local Government Internal Auditors and Audit Committees

5. Follow up of Audit recommendations implementation
– Consolidate quarterly issue tracking reports from Local Government entities indicating the status of internal and external audit
recommendations implementation;
– Identify Local Government entities with Adverse, disclaimer and qualified audit opinions and, in collaboration with management
and internal auditors, assess the root causes and advise on proposed alternative solutions to address the causes and achieve
unqualified audit opinions.

6. Monitoring the implementation of internal audit action plan
– Coordinate and monitor the implementation of risk based annual internal audit plans in Local Government entities;
– Prepare a consolidated monthly report on the status of implementation of Central Government annual internal audit plans and
highlight, in consultation with central government internal auditors, the implementation challenges and alternative solutions to
those challenges