Chief Internal Auditor

Applications are invited from suitably qualified and experienced persons in Public Sector Internal Auditing to serve as Chief Internal Auditor within the Ministry of Finance and Economic Management, Government of Montserrat.

Responsibilities will include:

·              Prepare audit programmes where work is assigned, and investigate breaches in Financial Regulations when applicable. 

·              Develop, and schedule audit plans and perform initial and follow-up audits in accordance with professional auditing and accounting standards.

·              Assist in the development of the Department’s annual audit plan.

·              Evaluate audit findings, prepare and present the results of audit findings and make recommendations to management in the form of written reports.

·              Verify the accuracy of financial records as they pertain to assets, liabilities, Receipts, Expenditures and other related transactions.

·              Identify weaknesses in internal control and legislative breaches within various Ministries and Departments.

·              Assist Accounting Officers to resolve problems with the resources allocated to their department, and report material defects to the Accountant General and Financial Secretary. 

·              Generate and provide reports on ongoing audits.

·              Maintain working papers in compliance with internal audit protocol along with supporting documentary evidence on all matters investigated.

·              Respond to audit queries based on inconsistencies which warrant action in accordance with the responsibilities of the Financial Secretary.

·              Periodically report status of audit work to the Budget Director.

·              Identify and evaluate risks and potential losses to government properties, revenues, investments and make recommendations to reduce or eliminate such risks.

·              Reduce legal costs to the Government as a result of injuries sustained by employees or customers on Government owned property.

·              Review the procedures and decisions made within the Ministry of Finance and identify inherent weaknesses.

·              Make suggestions and recommendations for improvements.

·              Review current Financial Regulations and Practices and make recommendations for the necessary amendments.

·              Compare Standard Operating Procedures and Systems to ensure that the various departments comply with the relevant professional standards and practices currently in existence.

·              Ensure that all documents including correspondence, reports, papers, forecasts are prepared, verified, edited, accurately documented, of a quality or comparable standard to those prepared by similar institutions Regional and international.

·              Engage in special investigations and undertake special assignments as determined by the Financial Secretary.

·              Attend various meetings representing the Ministry of Finance.

·              As Secretary to the Central Tenders Board, record and maintain minutes and document a record of decisions taken at the Central Tenders Board meetings.  Ensure that Department Tenders comply with the Tenders regulations.

·              Investigate, prepare and present papers for the purposes of training, policy consideration or for discussion relating to fiscal policies.

·              Investigate, prepare and present papers for the purposes of training, policy consideration or for discussion relating to fiscal policies.

Process all requests for write-offs, Boards of Survey and Condemnation and perform the duties of the Stock Verifier whose responsibility is to verify stock in existence in accordance with Financial Regulations.

Qualifications and Experience

The candidate must have:

• Bachelor’s degree in Accounting,
• Knowledge of Public Auditing Principles, Standards, Practices and Procedures
• Professional accounting qualification e.g. CIPFA - Chartered Institute of Public Finance and Accountancy

- ACCA, Association of Chartered Certified Accountants

- CICM, Chartered Institute of Management Accountants

- AICPA, American Institute of Chartered Public Accountants

or equivalent

• At least five (5) years experience in Accounting or, Auditing and management with exposure to Management Information Systems and business practices.

Terms of Appointment

Appointment will be made on a permanent basis.

Remuneration Package

The total remuneration package is EC$82,740 annually, broken down as follows: -

·        Basic Salary - EC$73,140.00 (Taxable)

Allowances

·        Travel - EC$9,600.00

HOW TO APPLY

To apply send:

·        Your completed Application Form (this can be obtained from our website www.jobs.gov.ms)

To:

·        jobs@gov.ms

OR

·        By mail to the Chief Human Resources Officer, Human Resources Management Unit, Office of the Deputy Governor, P O Box 292, Brades, Montserrat by Friday October 12, 2012.