Financial Institution Job, Head Internal Audit Division
A leading financial institution with its Head Office in Islamabad is looking for experienced, energetic, dynamic and talented individual to fill the position of Head-Internal Audit Division.
o Conducts Internal Control evaluation and risk assessment to identify loopholes and areas requiring management intervention to prevent misstatements In financial reports, frauds, embezzlements, misappropriations, miss-use and wastage and ensures that objectives of the organization are achieved economically, as well as effectively, o Prepares Annual Internal Audit Plan based on risk assessment including tasks, assignments and timelines for completion tor each task and main activities, personnel to be employed, and reporting results of audit to the Audit Committee of the Board
o Assesses compliance with governmental and jurisdictional regulatory requirements, financial accounting and auditing standards, and company policies. Ensure that controls exist to effectively safeguard the company’s assets. Performs the duties prescribed by the Companies Ordinance. Prudential Regulations, Code of Corporate Governance etc. o Examines and evaluates the adequacy and effectiveness of information systems and business controls, o Creates audit programs for each audit area and for new company initiatives.
o Identifies and documents business processes and controls in order to evaluate risks and Its effects on different audit areas.
o Provides advisory and consulting services to improve efficiency, effectiveness, and utilization of company’s assets and related controls.
o Assuring that audit procedures conform to department objectives and professional standards, o Possesses knowledge of accounting and auditing principles/ standards, and familiarity with various computer systems and applications.
o Leads or facilitates meetings to discuss audit findings and consulting services with top management and with audit committee.
• a member of recognized body of professional accountants; or
a) Certified Internal Auditor; or
b) Certified Fraud Examiner; or
c) Certified Internal Control Auditor.
• With 8 years of post qualification experience;
• At least 5 years experience in a senior management position with a Bank/ DFI in an audit environment.
• Possesses excellent command over written and oral communication, analytical skills, leadership qualities and computer operations.
Candidates meeting the above requirements may apply by 25th January, 2016 with an updated resume and a passport size photograph. Applications should be addressed to Executive Vice President/ Head. Human Resources Division, P. 0. Box No#1293, Islamabad. Only short-listed applicants will be contacted.