Airtel Malawi Plc
Responsibilities
JOB PURPOSE
The role is responsible for supervision and performance of Internal audit reviews and Special investigations to reinforce compliance to processes, procedure and controls. In addition, the role ensures that processes and procedures are in place for fraud prevention and for instituting risk assessment and control awareness programs across all functions. The role will provide assurance to senior management, the Board of Directors and Audit & Risk Committee on compliance to the approved and laid down processes, procedures and controls in the key risk areas of the OpCo including regulatory expectations.
KEY ACCOUNTABILITIES
Timely Group Internal Assurance Engagement and coordination of Audit support
- Reporting to the Chief Internal Auditor on the status of reviews.
- Flash reporting for significant issues noted in ongoing reviews.
- Preparation of all reports required for presentation to Airtel Senior Management.
- Periodic reporting on implementation of improvement opportunities noted in reviews.
- Championing the implementation of Group Audit and Enterprise Risk initiatives at the OpCo level
- Oversee the delivery of the OpCo Audit Plan (Group Driven and Locally driven)
- Ensure timely and proactive follow-up of Audit and other issues to ensure timely updates and closure.
- Perform ad-hoc reviews as requested by management and the chief Internal Auditor.
Improved Internal Control Environment to provide independent assurance on Airtel control and risk management processes
- Raise awareness of the aims and objectives of risk management and assist process owners in carrying out risk assessments, develop risk registers and monitoring the outcomes and effectiveness of the risk management process.
- Facilitate departmental risk assessments to identify high risk areas within the organization that are further summarized for senior management and board reporting
- Conduct periodic reviews of the processes and procedures of the Opco to eliminate and/or mitigate business/enterprise and operational risks.
- Review control mitigation plans of Functions and ensure adequate and prioritized management attention on remediating known issues and preventing recurrences.
- Ensure that issues arising from audit and other compliance reviews are well understood by all levels of management and staff and that learning on fraud and control issues are shared amongst relevant
Fraud & Special Investigations and Reporting
- Plan and undertake investigations into allegations of fraud and other incidents
- Reduce fraud related losses by efficiently and effectively investigating, preventing, detecting, analyzing, reporting
- Conduct Fraud Risk Assessments across all functions and maintain the Fraud risk register
- Assist in the identification of control weaknesses and implementing solutions and controls for future improvements.
- Assist in the development and delivery and to participate in education, training and awareness activities as part of the fraud prevention program.
- Initiate and maintain liaison with police and other law enforcement agencies, other external agencies, legal departments and prosecuting Counsel where appropriate.
Timely and accurate Audit & Risk Committee Engagement
- Maintain a calendar for the board audit committee meetings.
- Consolidate information for reporting to the board on a quarterly basis.
- Co-ordinate receipt and dispatch of all necessary documentation and communication.
- Ensure all levels of review prior to dispatch of board papers.
Qualifications
Educational Qualifications & Functional / Technical Skills
- Undergraduate degree in Accounting, Technology, or finance
- ACCA/CPA or other relevant professional qualification
- CISA an added advantage
- MBA or Graduate degree in Finance or Accounting is an added advantage
To apply for this job please visit erey.fa.em3.oraclecloud.com.