Internal Audit Lead at Airtel Rwanda | Kigali : Deadline :13-04-2023

Position Title

Internal Audit Lead

Business Unit / Function

Internal Assurance

Location

Rwanda

Proposed Job Level

Written By

HR

Administrative Reporting to: (Please provide position title)

Managing Director

Approved by:

Functional Reporting to: (Please provide position title)

Head of  Internal Audit, & Risk Assurance Africa

Responsible for performing reviews and 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 programmes across all functions. The role aims to provide assurance to senior management, the Board of Directors and Board Audit Committee on compliance to the approved and laid down processes, procedures and controls in the key risk areas of the OpCo.

Expected End Results (“WHAT”)

(List the expected end results that must be achieved in order to fulfill the job purpose)

Supporting Activities (“HOW”) (What are the key activities undertaken to achieve the desired end results?

Improved Internal Control Environment to provide independent assurance on Airtel’s control and risk management processes

• 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.
• 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.
• Take ownership of the local Internal Audit Plan and effectively coordinate with external partners to ensure it is delivered.
• Review control mitigation plans of Functions and ensure adequate and prioritized management attention on remediating known issues and preventing recurrences.
• 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.

Frequent and consistent Compliance Reviews and Reporting

• Plan communication and training programs to help employees understand their roles in compliance.
• Carry out regular audits to ensure compliance with regulations, policies and procedures.
• Maintain records of compliance activities, including any complaints or investigations.
• Provide reports to the senior executive team, highlighting any areas of potential risk to the company.
• Identify and Implement Compliance Monitoring framework and prepare submit compliance status reports to the board on a regular basis.

Fraud Investigation and Reporting

• Plan and undertake investigations into allegations of fraud
• Reduce fraud related losses by efficiently and effectively investigating, preventing, detecting, analysing, reporting and recovering losses.
• 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 Board Audit 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.

Timely Group Internal Assurance Engagement and coordination of Audit support

• Reporting to the Head Internal Audit & Risk Assurance 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.

• Budget:

• No. of direct reports:
• External Solicitors:

Educational Qualifications  & Functional / Technical Skills

• Undergraduate degree in Accounting or business
• Professional qualification: ACA / ACCA / CPA / CISA (Desirable)

Relevant Experience (Type of experience and minimum number of years)

• Minimum 8 years’ experience in Audit, Risk, Control and Compliance related roles.
• Experience in Telecoms/Service Industry added advantage
• IT Literacy

Other requirements (Behavioural etc.)

• Strong analytical and problem solving skills
• Excellent interpersonal skills; stakeholder management and collaboration, ability to engage at EC level
• Excellent and effective communication skills, both written and oral
• Team Player
• Able to handle and prioritize multiple projects simultaneously
• High personal standards and results oriented