PwC Ghana Jobs 2019

Our client is a widely recognised Specialist Life Assurance Company, serving thousands of customers with bespoke insurance products tailored for each phase of their lives. The company is aimed at improving the quality of life of clients by providing prompt and quality Insurance service delivery. The company offers a wide range of insurance products such as annuity, investment plans, group life plans, etc.

Job Description

Job Title: Head, Internal Audit

Job Purpose

The Head, Internal Audit is responsible for the organisation’s internal audit service and compliance, including drawing up the internal audit strategy and annual plan and giving the annual audit opinion.

Primary Objectives

•Develop processes to ensure the organisation’s governance, risk management and control processes achieve strategic, operational, and financial objectives while balancing compliance objectives and expectations from regulators
•Perform the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
•Improve the “control environment” of the organisation, identify redundancies in operational and control procedures and provide recommendations to improve the efficiency and effectiveness of procedures
•Determine internal audit scope and develop annual plans

Duties and Responsibilities

•Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
•Determine internal audit scope and develop annual plans
•Obtain, analyse and evaluate accounting documentation, previous reports, data, flowcharts etc.
•Prepare and present reports that reflect the audit results and document processes
•Act as an objective source of independent advice to ensure validity, legality and goal achievement
•Identify loopholes and recommend risk aversion measures and cost savings opportunity
•Maintain open communication with management and audit committee
•Document processes and prepare audit findings memorandum
•Objectively review an organisation’s business processes
•Evaluate the efficacy of risk management procedures that are currently in place
•Protect against fraud and theft of the organisation’s assets
•Ensure that the organisation is complying with relevant laws and statutes
•Make recommendations on how to improve internal controls and governance processes
•Conduct follow up audits to monitor management’s interventions
•Continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards

Skills and Competencies

•A thorough knowledge of accounting procedures
•Advanced computer skills on MS Office, accounting software and databases
•Ability to manipulate large amounts of data and to compile detailed reports
•Proven knowledge of auditing standards and procedures, laws, rules and regulations
•High attention to detail and excellent analytical skills
•Sound independent judgement

Qualifications

•Minimum of a Bachelor and a Masters Degree in Accounting, Finance, Economics or any related discipline
•Minimum of fifteen (15) years post-graduation experience with ten (10) years in an Internal Audit/Control position
•Relevant Professional Certification e.g. Association of Certified and Chartered Accountants (ACCA), Chartered Institute of Management Accountants (CIMA), Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA)