Implement Global Internal Audit (GIA) vision and strategy for auditing risks to the Partnership entities by partnering with key stakeholders at the Partnership Offices in promoting good stewardship over funding received to ensure alignment with donor requirements; ensuring that GIA's audit services are rendered in accordance with the IIA International Auditing Standards, GIA's Charter and WVI’s policies and procedures; ensuring the implementation of risk based integrated audit (RBIA) on all audit engagement where applicable, including Quality Assurance Reviews (QAR) of national, support and branch offices, GC departments and functions, and third parties to identify, assess and audit the riskiest areas within the Partnership.
This position will play a key role in providing reasonable assurance of compliance with donor grant requirements, particularly government grants, and the roll-out of new audit initiatives. This position will also play a leading role in the roll-out of GIA's Ministry Wide Risk Assessment Project (MWRAP) by promoting at entrance conference with office leaders (heads of departments) the use of MWRAP not only as a GIA planning tool but also as a control self-assessment tool to identify, assess and mitigate significant risk to the office and the Partnership. This position will also play a leading role in streamlining GIA’s audit processes, training and coaching GC and local auditors and implementing GIA's strategic initiative of reducing audit field time and report issuance time by up to 50 %. This new initiative is designed to improve audit effectiveness and efficiency in the field by providing onsite guidance to auditors on core areas and how to test that will enable operations field staff to spend more time on core activities. It will also ensure the timely management, review and completion of audit fieldwork and delivery of the results to business owners, partnership leaders and advisory boards/council and audit committees.
This position is responsible and accountable for developing and executing a risk based integrated audit (RBIA) plan of Partnership offices using the MWRAP template; leading, supervising and performing on-site reviews of Global Centre (GC) audit teams, including local auditors, audit field work as it is completed; discussing and obtaining buy-in and response/action plan from business owners as they arise; preparing final draft audit report, including recommendations, for discussion at the exit conference; providing feedback to audit staff on their performance, and submitting audit report and audit time report to the Global Centre Audit (GCA) and Global Internal Audit Administration, respectively, in a timely manner, for periodic reporting purposes.
Hire and retain highly competent auditors and participate and assist the Director of Global Centre Audit in developing the function’s annual risk based integrated audit plan; ensure that auditors are trained in the risk based integrated audit approach and government grant compliance regulations (e.g. USAID, DIFID, CIDA, etc.), and are maintaining the required certification(s) by completing annual CPE requirements and provide on-going on the job training to team members.
KEY RESPONSIBILITIES:
- Understand audit customer business, its key goals, risks, relevant policies, procedures and processes, etc. and complete the MWRAP template to use as the foundation for participating in assessing risk, evaluating the risk universe and making recommendations to the Director of GC Audit for inclusion in the annual risk based audit plan for the Partnership entities.
- Recruit, lead and supervise audit team, and develop and execute specific risk based integrated audit plan using and evaluate and provide feedback to auditors regarding their performance.
- Coordinate and provide Global Audit Administration with the necessary documents at least three months prior to the commencement of the audit to ensure that the audit announcement, staffing and travel arrangements can be done in a timely and cost effective manner.
- Supervise and/or perform the preliminary survey and review, including completion of the MWRAP template for the audit assignment, and in conjunction with the Director of Global Centre Audit (GCA), develop audit planning memo and conduct pre-audit planning meeting with the CAO and other GIA Directors, as needed, before the commencement of fieldwork.
- Conduct entrance conference with the entities senior management team and individually with key stakeholders, such as the ND, FD, PD or COO, along the lines of the MWRAP template; supervise and conduct on-site review of all work papers, discuss audit findings and recommendations with business owners and partner with them on finding value add solutions and action plans to address the recommendations before leaving the field.
- Keep the Director of GCA and the CAO, only issues of fraud and potential significant reputational impact to the Partnership, abreast of all significant findings as they arise in the field and obtain input and approval before the issuance of the final draft report from the Director of GCA.
- Prepare and share draft audit reports with management response at the exit conference with business owners, which may include the audit committee chair.
- Share the results of the audit and the draft report with the Director of GCA upon return to home base and issue the final draft of the report to business owners within 15 days after the exit conference and the final report within 45 days after the exit conference or the last day of fieldwork.
- Participate in local advisory board/council or audit committee meetings as needed to share findings, recommendations and emerging risks and trends.
- Develop succession and career development plans, including Christian commitment and spiritual development, for direct reports and ensure that the same is done for their direct reports; ensure that all staff in the reporting line obtains, at least the annual minimum, continuing professional education (CPE) credits to maintain their professional certification(s), and advocate the value of promoting experienced WV auditors into financial and operational functions to strengthen WV’s internal control environment.
KNOWLEDGE, SKILLS & ABILITIES:
- A bachelor's degree in accounting, finance or other relevant field.
- Minimum of 8 -10 years in working in auditing and preferably managing staff.
- CPA (Certified Public Accountant) or CIA (Certified Internal Auditor) or CA (Chartered Accountant).
- Experience in a Big 4 public accounting environment.
- Ability to travel 30-40% of the time to international locations.
- Present results using strong presentation, excellent verbal and written communication skills.
PREFERRED: - Fluency in a language such as Spanish, French or Portuguese an advantage
- REQUIRED:
