Head, Internal Audit at Chartered Institute of Bankers – Ghana

Job Purpose

The Head of Internal Audit is responsible for delivering independent, risk-based audit and assurance services to the Governing Council and Management. This role involves conducting periodic reviews of all units to confirm compliance with regulatory requirements and uphold adherence to internal policies.

Key Responsibilities

• Review and evaluate the adequacy and effectiveness of Internal Control Systems and Policies that protect the Institute's assets and ensure compliance with laws, regulations, and internal procedures; recommend improvements where necessary
• Conduct risk-based internal audits on departmental operating reports, documentation, and practices; generate control reports and queries that ensure compliance with established internal control procedures
• Prepare and submit quarterly internal audit reports to the Governing Council, including recommendations necessary for the effective management of the Institute's affairs
• Submit a copy of each audit report to the Chairperson of the Council and the Chief Executive Officer in accordance with subsection (4) of section 16 of the Internal Audit Agency Act, 2003 (Act 658)
• Arrange for the submission of the Institute's annual report to the Minister of Education within thirty (30) days of receiving the audit report, detailing the Institute's activities and operations for the relevant year
• Collect and analyze data to identify deficient controls or non-compliance with regulations and management policies
• Identify opportunities to improve efficiency, effectiveness, and value for money; provide practical recommendations to Management
• Report to the Council on asset utilization and audit results; recommend changes in operations and financial management

Employment Details

• Company: Chartered Institute of Bankers – Ghana
• Location: Accra, Ghana
• Job Type: Full-Time
• Category: Accounting