Job Description
AHL Group Plc seeks to engage a dynamic, highly adaptable, innovative and results-oriented individual to fill the position of Audit & Compliance Manager to be located at its Head Office in Lilongwe. With a dual reporting to the Board and the Group Chief Executive Officer, the successful candidate will be responsible for assessing the adequacy and effectiveness of internal controls, risk management and governance systems, processes and practices in conjunction with Group and Subsidiary Management Teams.
KEY RESPONSIBILITIES
- Reviewing, testing and reporting on the effectiveness of internal controls and procedures and making recommendations on improvements;
- Documentation of systems of internal controls and procedures where required;
- Undertaking compliance reviews by conducting quality assurance checks of operations and processes to ensure that policies and procedures are applied consistently throughout the Group;
- Monitoring, analyzing, and evaluating performance against targets;
- Reviewing and ensuring compliance with all legal requirements including registration, taxes and labour laws;
- Developing annual internal audit work plans/programs in liaison with all stakeholders and conducting both periodic (routine) and surprise audit; inspections, stock counts, cash counts and spot checks in all establishments;
- Developing and implementing coherent quarterly internal review and compliance plans, and monitoring and strengthening the internal governance and risk management environment;
- Conducting targeted in-depth risk assessments of the organization’s systems and controls and performance of IT audits and other investigations;
- Documenting audit findings, proposing improvements or change as relevant, disseminating findings to management and the Board and ensure follow up implementation of recommendations as well as resolution;
- Preparing and submitting timely and comprehensive audit reports for management review and approval;
- Making recommendations to management based on audit findings and ensuring that those recommendations are implemented;
- Performing follow-up procedures to ensure proper implementation of audit recommendations;
- Identifying potential areas of compliance, vulnerability and risk and assisting with the development of corrective action plans for the resolution of problem areas and providing general guidance on how to avoid or deal with similar issues in future;
- Checking effectiveness and adequacy of existing IT systems, processes, applications and internal controls for the Group and ensuring that corrective action is taken to strengthen the IT security systems;
- Analysing management’s ability to implement the IT systems and application controls within the constraints of the resources at their disposal and ensuring management’s compliance to laid down guidelines and policies in relation to IT systems and applications;
- Ensuring that there is adequate supervision and review processes in place and evaluating audit staff members work and performance, ensuring that it is of acceptable standards and in line with professional requirements and policies;
- Conducting staff training on existing and new regulations and contributing to the Group’s capacity building initiatives in audit, risk management and governance issues to enhance awareness and compliance including provision of input to manuals, guidance, policies, procedures, and on-the-job training.
QUALIFICATIONS AND EXPERIENCE
This position requires a highly motivated person with the following core qualifications and
attributes:
- Qualified Accountant with ACCA or CIMA and a Bachelor of Accountancy Degree or related qualification from a recognised university;
- 5 years post-qualification audit experience in a commercially-oriented business entity;
- Advanced knowledge of forensic audits and whistle blowing policies;
- Knowledge of taxation, employment/labour laws & regulations other laws of Malawi
- Excellent communication skills and inter-personal people-management skills;
- Computer literate/hands-on IT knowledge;
- Analytical skills and report writing skills;
- Leadership and team building skills
If you meet these requirements, submit your application before close of business on FRIDAY,
11TH OCTOBER, 2024, to the following address:
Group Chief Executive Officer
AHL Group Plc
P O Box 40035
Kanengo
LILONGWE 4
Email: groupceo@ahlmw.com
Please note that AHL Group Plc is an Equal Opportunities Employer. Only short listed candidates
will be acknowledged.