REF: YEDF/MIA/12/2023
Terms of Employment: Contract – 5 years renewable, subject to satisfactory performance

Purpose of Job:

The job holder will provide assurance on the Fund’s internal control systems, risk management framework and the governance structure. He/she will be in charge of the operations and programmes of the Internal Audit and will report functionally to YEDF Board Committee responsible for Audit Function and administratively to the Chief Executive Officer.

Responsibilities

Duties and responsibilities at this level will entail:

• Formulate internal audit policies, strategies and procedures for the YEDF;
• Develop and review audit techniques, guidelines and systems, and processes;
• Ascertain the YEDF’s compliance with the relevant internal audit statutes, policies, administrative government circulars and guidelines;
• Oversee internal audit and quality assurance activities;
• Coordinate the execution of investigation, forensic audit and other special assignments;
• Identify and profile various risks inherent in specific audit assignments;
• Oversee the preparation of reports on audit findings and make appropriate recommendations;
• Prepare detailed, understandable and cross-referenced work papers to evidence work done and for future references, in compliance with standards for professionalpractice in internal audit;
• Execute audit activities to ensure reliability and integrity of information and effective use of the YEDF resources and compliance with contracts, standards and policies; and
• Compile and presenting reports to the Internal Audit Committee on audit recommendations.

Job Specifications:

For appointment to this grade, an officer must have:

• A minimum period of eight (8) years relevant work experience three (3) years of which should have been in Management;
• Bachelor’s degree in any of the following fields: Finance, Accounting, Business Administration, Mathematics, Actuarial Science, Statistics or equivalent qualification from a recognized institution;
• Master’s degree in any of the following fields: Finance, Accounting, Business Administration, Mathematics, Statistics or equivalent qualification from a recognized institution;
• Be in possession of any of the following final professional qualifications: Certified Public Accountants (K), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA) or Association of Certified Chartered Accountant;
• Membership to a professional body;
• Management Course lasting not less than four (4) weeks from a recognized institution;
• Demonstrated professional competence, administrative and managerial capability as reflected in work performance and results.