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Chief Internal Auditor (CIA) Jobs 2025 Good Opportunities
The Chief Internal Auditor (CIA), also known as the Chief Audit Executive (CAE), is a senior executive responsible for overseeing an organization’s internal audit function. This role ensures that internal controls are effective, risks are properly managed, and governance processes are robust. Below is a comprehensive overview of the job requirements and responsibilities associated with the Chief Internal Auditor position.
Key Responsibilities:
- Internal Audit Oversight: Develop and implement risk-based audit plans to evaluate the effectiveness of internal controls, risk management, and governance processes.
- Risk Assessment: Conduct annual risk analyses to identify and prioritize areas requiring attention, ensuring alignment with the organization’s objectives and regulatory requirements.
- Compliance Monitoring: Ensure adherence to applicable laws, regulations, and internal policies throughout the organization, providing independent assurance to the board and senior management.
- Reporting: Communicate audit findings, recommendations, and reports to key stakeholders, including senior management and the board of directors, to facilitate informed decision-making.
- Team Leadership: Manage and mentor the internal audit team, overseeing work assignments and fostering professional development to maintain a high-performing audit function.
- Quality Assurance: Establish and maintain a quality assurance and improvement program that ensures the internal audit function adheres to professional standards and delivers value to the organization.
Qualifications and Requirements:
- Education: A bachelor’s degree in accounting, finance, business administration, or a related field is typically required. Advanced degrees such as a Master’s in Business Administration (MBA) may be preferred.
- Professional Certifications: Certifications such as Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) are highly desirable and may be required by some organizations.
- Experience: A minimum of 8 years of related experience in internal auditing, with demonstrated management experience, is usually required.
- Skills:
- Analytical Abilities: Strong capability to assess complex processes and identify areas for improvement.
- Communication Skills: Effective verbal and written communication skills to present findings and recommendations clearly.
- Leadership: Proven ability to lead teams, manage projects, and drive organizational change.
- Integrity: High ethical standards to objectively assess and report on organizational practices.
Chief Internal Auditor
Min. Experience Required: ----------------------------- - At least 5 years of relevant experience in auditing and risk management, designing of internal control procedures, effective compliance of financial reliability in the public/private sector. - Understanding of Governance, Risk & Risks Controls especially in SOEs or public sector projects. Job Description: ------------------ - The role of Chief Internal Auditor is to evaluate the internal controls, risk management and governance processes of the company and provide recommendations to management for improvements. The role involves preparing and implementing a risk-based audit plan, working with the Audit Committee, guiding the internal audit team, and ensuring performance of audit as per approved audit plan. Key Responsibilities ---------------------- - Chief Internal Auditor is responsible for developing an effective and concrete internal audit system. Furthermore, it is also his/her responsibility to implement the audit system & to ensure its transparency. - Chief Internal Auditor has the responsibility to monitor any dissents or variances in the overall and departmental budgets and to recommend measures for the correction and elimination of these variances. - The position is responsible for developing a strict compliance mechanism to avoid any discrepancies and corruption at any level. Moreover, the effective implementation of this mechanism is also the responsibility on the part of the Chief Internal Auditor. - It is the responsibility of Chief Internal Auditor that the audit program should be performed with proficiency and due professional care, in compliance with the high standards of honesty, objectivity, diligence and loyalty, complied with international practices. - Chief Internal Auditor is responsible for designing and generating the internal audit reports in such a way that these reports could help the external auditors in conducting the external audit periodically. - It is the responsibility of the Chief Internal Auditor to ensure that issues identified by external auditors, internal auditors and commercial audit are followed up on and corrective action are taken on timely basis, and conducting follow up audits to monitor management’s interventions. - In order to ensure effective, efficient and transparent operations of the Company, Chief Internal Auditor will provide assistance and advice to the management in development of structures, policies and plans, taking into consideration the errors and flaws found during Internal Audit. - To provide liaison with Commercial Auditor for Audit Para verifications, and providing support to management in DAC /PAC meetings. Education: ------------ - The ideal candidate must be a member of a recognized professional accounting body with qualifications such as CA/CPA/ACMA/ACCA/MBA (Finance) from a reputed local or international university/institute. - Candidates holding Certification in Internal Auditor or Fraud Examiner or Internal Control Auditor will be considered as an added qualification
The Chief Internal Auditor plays a critical role in ensuring organizational integrity and effectiveness. By providing independent assurance on risk management, control, and governance processes, the CIA supports informed decision-making and promotes accountability within the organization.
Link: https://www.njp.gov.pk
