Job Detail

Chief Internal Audit Officer

Date Posted: Jun 10, 2023
Views: 2640

Job Detail

  • Location:
    Kabul
  • Company:
  • Type:
    Contract
  • Shift:
    Rotating Days
  • Career Level:
    Experienced Professional
  • Positions:
    1
  • Vacancy number:
  • Experience:
    4 Year
  • Gender:
    Any
  • Salary:
    0 Af
  • Degree:
    Bachelors
  • Apply Before:
    Jun 30, 2023

About Islamic Bank of Afghanistan

One of the leading Islamic banking and finance institutions in Afghanistan, Islamic Bank of Afghanistan has been serving as a banking organization integrated with the Law of Banking in Afghanistan and licensed under Da Afghanistan Bank (DAB). Since 2009, Islamic Bank of Afghanistan has been working under the acquisition of Azizi Group, a 100% subsidiary of Azizi Bank. As of now, the IBA has established 62 branches across the country with over 800 highly trained and skilled professionals. The bank is committed to foster a sound financial body with a vision to ensure the greatest safety and security to its clientele.

Job Description

Job Description:

The successful candidate serves as the Company’s Chief Internal Auditor with full responsibility for the organization, planning, development, and administration of the internal audit function for bank. The successful candidate directs the audit staff (internal or outsourced) in evaluating financial, operational and information technology controls and risk. The incumbent uses a risk-based approach to reviewing compliance with established corporate and affiliated policies and procedures, and compliance with regulatory pronouncements. The incumbent ensures that bank’s assets are properly accounted for and safeguarded. The successful candidate communicates findings, together with recommendations for corrective action, to the Company’s Audit Committee and supervisory board. . The position allows the successful candidate to be part of the senior management team of the bank and play a major role in its continued development.

 

Chief Internal Auditor is responsible for:

  1. Auditing
    He develops and directs the design, scope and administration of a comprehensive audit program; including development of the annual risk assessment/audit plan for the bank in accordance with guidelines set forth by Audit Committee, Company CFO and CEO and supervisor board and board of directors.

 

  1. He oversees the execution of the audit program ensuring efficient, effective and complete audit coverage; including supervision of bank’s Internal Audit service firm

 

  1. He coordinates and directs the reporting of results of audits to affiliated management and the Audit Committee of the Board of Directors

 

  1. He safeguards the assets of the company, directs the activities of the Audit management/accounting department, and contributes to the achievement of corporate growth and profit objectives.

 

  1. He coordinates inquiries and requests for information on Audit Committee activities with Bank regulators and external auditors

 

  1. He manages and directs the preparation of audit reports with Internal audit service firm; participates in all internal audit exit meetings; determines final grade for each audit report based on recommendation from Internal Audit service firm

 

  1. He reviews and evaluates the disposition of audit findings and the adequacy of subsequent corrective action; reviews high findings with CFO and CCO

 

  1. He determines the staffing needs and organization of the Audit Department including staffing requirements of Internal Audit service firm

 

  1. He prepares and monitors annual operating budgets for efficient administration of the Audit Department

 

  1. He manages, directs, and participates in special projects, research and assignments as directed by Executive Management, or the Audit Committee of the Board of Directors

 

  1. He responsible executive for preparation, coordination and execution of periodic Audit Committee meetings; prepares meeting minutes and reports committee activity to bank and holding company boards.

Job Requirements

Supervisory Responsibilities

He manages relationship with other departments and carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include planning and directing work of Internal Audit service firm; appraising performance and directing RFP process as requested by Audit Committee; addressing complaints and resolving problems.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Education and/or Experience REQUIREMENT:

 

  • Shall have at least a bachelor degree in one of fields like Economics, Finance, Accounting, Business or ACCA membership and Master degree in Accounting and Finance preferred.  
  • Minimum 7 years’ experience relevant work experience in other financial institutions.
  • Minimum 5 years exp must have been in managerial capacity (CIA) in a commercial bank.
  • Fully functional with all aspects of auditing, reporting, MIS, and MS Excel.
  • Excellent analytical, creativity and problem-solving skills.
  • Demonstrated knowledge of principles and techniques of accounting, auditing, internal controls and regulatory compliance.
  • Proven ability to communicate effectively, orally and in writing, with all levels of management, including the Audit Committee.
  • Demonstrated knowledge of current technical developments and other matters pertinent to bank auditing and the audit profession
  • Age limit 30-45

Advanced degree and/or professional designation preferred

  • National CPA firm bank auditing experience in a managerial capacity preferred
    Certificates and Licenses
  • Certified Public Accountant (CPA) license or certificate in good standing required
  • Certified Internal Auditor (CIA) designation helpful but not required
  • Certified CIA or any other relevant international accredited certification effective from dated 01/01/1402

Other Skills and Abilities

Ability to communicate effectively orally and in writing using the English language; Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents; Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community; Ability to write speeches and articles for publication that conform to prescribed style and format; Ability to effectively present information to top management, public groups, and/or boards of directors.

Ability to learn, or knowledge of, Microsoft Office products including Microsoft Word, Excel, PowerPoint and Access; Ability to learn or knowledge of Outlook email program; In-depth knowledge of banking operations, concepts, policies and procedures; Ability to effectively handle difficult, confidential and sensitive matters using a wide degree of latitude; Maintain flexible schedule to adapt and respond to unexpected/rapid changes.

Skills Required

Submission Guideline:

Interested candidates should to send their CV vacancy@ibafg.af and must copy info.ibfd@dab.gov.af

Submission Email:

vacancy@ibafg.af

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Company Overview

, Afghanistan

One of the leading Islamic banking and finance institutions in Afghanistan, Islamic Bank of Afghanistan has been serving as a banking organization integrated with the Law of Banking in Afghanistan and licensed under Da Afghanistan Bank (DAB). Since 2... Read More

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