Head of Internal Audit

Job Summary

To provide strategic and technical leadership to the independent in-house internal audit function and for advising on the countries’ operational control environment and risk management practice. Responsible for setting the country’s internal audit strategy, developing leading practices, and maintaining audit programmes and advisory services.

Job Details

Critical Deliverables /Core Accountabilities and Responsibilities

1. Develops and ensure implementation of country Internal Audit strategic and operational audit plans.
2. Develops and manages internal audit policy documents, guidelines, and charters for adoption at country
3. Implements the Assurance Model within the Country through collaboration with the Risk and Compliance functions, External Auditors and Regulators to ensure appropriate assurance coverage.
4. Adheres to the International Internal Audit (IIA) standards for all internal audit activities concerning positioning, people and processes, with a critical view of achieving and maintaining conformance status.
5. Executes approved audit plans within the Country and report to the Country Audit Committee.
6. Presents Internal Audit findings to the Board of Directors, Audit Committee and Country Management to determine recommendations to appropriate collective plan. 
7. Ensures that Internal Audit reviews determine sufficient governance and control.
8. Implement the strategies and policies approved by the Board, develop processes that adequately identify, measure, monitor and control Risks faced by the institution.
9. Feedback and surveys from stakeholders (including senior management, the Board, and regulatory authorities) regarding their satisfaction with the internal audit process and reports.
10. Efficiency in resource allocation for audit activities, measured by factors such as budget adherence and personnel utilization.
11. Ensures the Head of Internal Audit and the internal audit team stay updated with industry trends, changes in regulations, and advancements in audit technology.
12. Ensures the growth and development of the internal audit team under the Head's leadership, including metrics like training hours, certifications achieved, and team turnover rate.
13. Ensures the successful integration and utilization of audit technology and data analytics to enhance the efficiency and effectiveness of audit processes.

Requirements

• Chartered Accountant (CA) / ACCA / CIMA/CFA
• MBA would be an added advantage
• At least 10 years continuous relevant experience, with at least 5 years in senior management role
• Experience in innovating and developing audit methodologies and standards

Certification

CISA/CIA  or relevant professional association

About Company

Letshego Financial Services Namibia

https://www.letshego.com

Letshego is a Setswana term meaning ‘support’. At Letshego we provide financial support to our customers. Our new brand mark is a stronger, bolder and more modern depiction of the Letshego tripod.