Job Description
The Inter-University Council for East Africa (IUCEA) is a strategic institution of the East African Community (EAC) responsible for coordinating the development of human resources and research in the EAC Higher Education Institutions. The main objectives of IUCEA are to (i) facilitate networking among universities in East Africa, and with universities outside the region; (ii) provide a forum for discussion on a wide range of academic and other matters relating to higher education in East Africa; and (iii) facilitate maintenance of internationally comparable education standards in East Africa so as to promote the region’s global competitiveness in higher education.
In order to fulfil its current mandate and to meet all its objectives, IUCEA now wishes to recruit a qualified person for the position of Principal Internal Auditor- P3- due to falling vacant on 1st July 2022.
Online applications are invited from qualified individuals only from any of the following EAC Partner States due to the Quota System requirements:
1. Republic of Burundi
2. Republic of Kenya
3. Republic of Rwanda
4. Republic of South Sudan
5. United Republic of Tanzania
Candidates from South Sudan are strongly encouraged to apply.
Description of the Positions
PRINCIPAL INTERNAL AUDITOR (P3)
Office: Internal Audit
Grade: P3
Job Reports to: Executive Secretary
Job Supervises: Internal Audit Officer and Audit Assistant
Job Purpose: The job holder will monitor and evaluate management policies, regulations, procedures, systems, and procedures to facilitate and advice management on strategies for compliance with best practices for effective utilization of IUCEA’s resources. S/He will facilitate the development of risk management policies and systems and oversee the implementation of value for money or performance audits for IUCEA.
Duties and Responsibilities
1. Develop strategies, policies and procedures for risk management, value for money and performance audits for IUCEA
2. Coordinate the process of developing the IUCEA internal Audit plan
3. Coordinate the process of Institutional Risk Evaluation
4. Conduct financial, systems and efficiency (Value for Money) Audits
5. Provide inputs in the design of Institutional Systems and Processes
6. Ensuring timely preparation and submission of periodic audit reports to the Audit Committee and Governing Board (currently Executive Committee)
7. Follow-up on implementation of agreed recommendations
8. Ensuring compliance with financial, procurement, administrative and human resource policies and procedures
9. Conducting of ad-hoc and special internal audit checks of systems and financial transactions
10. Providing oversight advice to the Executive Secretary
11. Investigating any cases of theft, fraud and misappropriation of funds and making reports with recommendations on the findings
12. Evaluate measures put in place by management to ensure IUCEA assets are accounted for and safeguarded from losses of all kinds
13. Liaise with External Auditors to follow up on their recommendations
14. Facilitate compliance with International Audit Standards
15. Performing any other duty as the Executive Secretary may from time to time direct
Key Performance Indicators
• Strategies, policies and procedures on risk management, systems and efficiency audit developed and updated periodically.
• Increased efficiency and optimal utilization of IUCEA’s assets and resources.
• Internal audit reports to the Management and Audit Committee.
• Progress reports on institutional systems review.
Minimum Job Requirements
Academic Qualifications: MBA in Finance or Accounting
Professional Qualifications: Chartered Certified Accountant CPA and a certificate in information systems auditing (CISA), ACCA, ICMA or equivalent
Work Experience
Thorough knowledge of accounting and audit control systems with a Minimum of ten (10) years in a busy Audit firm/public sector, five (5) years of which must be at a senior level in the busy environment
Key Competencies
Must be able to provide strategic and team leadership in internal audit, manage diversity, conflict and change, have conceptual, analytical, communication, public relations, planning, judgment, budgeting, decision making, report writing and presentation skills. Demonstrate high integrity, independence, and maturity. S/He must be computer literate and proficient in computerized accounting packages. Knowledge and the ability to use the SUN SYSTEM will be an added advantage.
3.0 Tenure and Remuneration
As per the EAC Staff Rules and Regulations, the successful applicant for this post shall serve for a five-year term renewable once. A comprehensive remuneration package commensurate with the EAC Professional Job Grades and Diplomatic status shall be offered to the suitable candidate. Additional details on these packages may be obtained from the undersigned.
4.0 Age Limit
Applicants should not be more than 55 years as the EAC retirement age is 60 years.
5.0 Notification
The successful candidate shall be notified of his/her appointment by the last week of May, 2022 to give him/her enough time to also give notice to his/her employer.
6.0 Submission of Applications
The deadline for submission of application forms to the IUCEA Secretariat is 30th April 2022. Application forms should be downloaded and filled online accompanied with the following:
• Certified copies of the applicant’s degree awards
• Up to date and comprehensive Curriculum Vitae
• Addresses of three referees, one of which should be of the current immediate supervisor.
• Any other relevant supporting documents