Job Description

Job Purpose Assist the AAH / AH in the all functional and administrative matters. Assess the adequacy and effectiveness of the systems of internal control and risk management in mitigating the major risks of the Group\'s functions, the level of compliance with internal and Regulatory requirements, propose recommendations for improvements, prepare audit reports and follow-up on the resolution of audit findings. Assist AAH / AH in the day-to-day management of the audit Team, execution of the annual audit plan, ensuring established audit methodologies including programmes and tools are employed, supervising the execution of audit assignments by the audit teams, monitoring GIAD\'s compliance with Regulatory requirements and reporting audit results to the Board and Senior Management. Prepare the budgeted man hours and cost to carry out all the audit assignments planned as part the Annual Audit Plan approved by the AECs. Ensure costs for reviews performed including ad-hoc reviews are appropriately charged out to the relevant parties. Assist the AAH in the regular reporting obligations to AEC, Board and Regulators Report promptly to the AAH / AH any deviations, inconsistencies or deficiencies noted in the course of audits Monitor the completion of audit assignments and update the AAH / AH on status of completion. Perform and ensure expeditious and satisfactory completion of audit assignments within the budgeted time and cost, and timeliness of audit reports. Undertake the performance and completion of other assignments including unscheduled / ad-hoc reviews and investigations, and other tasks as directed by the GIAD Management Team as and when required. Perform periodic internal peer review. Ensure established processes and methodologies are adhered to, to ensure effectiveness and efficiency in conducting audit assignments and reviews, follow-up on outstanding audit issues, in accordance with sound internal auditing principles and best practices. Prepare and review Audit Assignment Plans, audit programmes, audit working papers, audit findings, recommendations and draft audit reports for scheduled and unscheduled assignments and participate in discussing the reports with Management. Assist in preparing summary reports for tabling to the AEC. Follow-up on resolution of all audit findings and recommendations. Oversee and manage the audit team members in the conduct of assignments, and report direct and indirect reports\' deliverables. Monitor and ensure GIAD continuously complies with Regulatory requirements in respect of the internal audit function. These include performing mandatory audits, ensuring adequate audit coverage and submissions of reports and issues to various Regulators, based on frequency stipulated by the Regulators. Keep abreast and takes cognizance of current developments in laws and regulations affecting the operations of the Group. Requirements Basic degree preferably in Accountancy, Business or Masters degree or professional accountancy qualification with recognised professional bodies. Certification for Bank Auditors Function-specific certification (e.g. PCC / Shariah / IT) 6 to 8 years of work experience in the conduct of internal and / or external audits with at least 3 years in a managerial capacity. Experience in the audit of financial institutions is essential.

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