Background

Zambia Railways Limited (ZRL) is a national Railway of Zambia. The Company specializes in transporting heavy cargo in the Southern African Development Community (SADC), as well as running a local passenger train service. The area of product specialization is freight-bulk cargo and passenger rail services to the satisfaction of all Stakeholders. The Company therefore seeks the services of committed, vibrant, innovative, and strategically focused and business oriented Zambian nationals to fill the vacant position below:

JOB PURPOSE:

Responsible for overseeing and directing Internal Audit functions and the formulation of appropriate audit programs, assigning and directing staffing resources to complete the audit plans as scheduled, generating final audit reports for internal and regulatory agency review, and conducting thorough follow-up audits on previously identified issues.

MAIN DUTIES:

• Develop and implement the internal audit charter.
• Ensure prompt development and implementation of annual audit plan.
• Manage performance, reviews audit working papers and audit reports.
• Consult and advise management on operational and administrative issues.
• Coordinate and interact with audit firms and regulatory bodies performing external audits.
• Participates in development, implementation and maintenance of policies.
• Ensure compliance to internal policies, procedures and guidelines.
• Make recommendations on how to improve internal controls, risk management and accounting systems.
• Ensure effective evaluation of internal controls and operating practices.
• Design and initiate auditing techniques, practices and benchmarks for the audit staff.
• Review and evaluate adequacy and effectiveness of the systems.
• Observe and assess internal processes and procedures, provide compliance reports and recommendations.
• Provide input in the development of risk internal audit and strategic plans that align with current and future corporate goals.
• Ensure best practices, standards and procedures of the company in all audit operations.
• Monitor ZRL’s compliance to laws and regulations.
• Monitor contract performance
• Participate in monitoring the implementation of the Strategic Business Plan (SBP).
• Develop and implement policies and contingency plans for risk and liabilities control.
• Manage quality outcomes while meeting established time budget.
• Verify the accuracy of financial records as they pertain to assets, liabilities, receipts, expenditures, and related transactions.
• Ensure effective and efficient utilization of resources.
• Safeguard the company against fraud and theft of assets.

CORE COMPETENCIES:

• Highest standard of ethical behavior
• Governance and compliance skills
• Corporate laws and procedures
• Strategic thinking
• Knowledge of rules, regulations and procedures
• Critical thinking and Problem solving
• Numerical, Analytical and Financial skills
• Communication skills
• Accountability
• Innovative
• Analytical skills
• Commercial and business acumen
• Performance and appraisal knowledge
• Team building
• Talent management
• Leadership and Supervisory skills

EMPLOYEE BEHAVIOR:

Uphold ZRL’s six (6) core values of: –

• Teamwork
• Innovation
• Integrity
• Professionalism
• Service
• Enterprise

Academic /Professional Qualifications:

• Full grade 12 certificate (5 ‘0’ levels) with credit or better in Mathematics and English.
• A bachelor’s degree in Finance or Accounting with ACCA, CA or equivalent.
• A master’s degree is an added advantage.
• At least 5 years’ experience in a senior audit position with a reputable organization or audit firm.
• Membership to a relevant professional body is a must.

• Develop and implement the internal audit charter.
• Ensure prompt development and implementation of annual audit plan.
• Manage performance, reviews audit working papers and audit reports.
• Consult and advise management on operational and administrative issues.
• Coordinate and interact with audit firms and regulatory bodies performing external audits.
• Participates in development, implementation and maintenance of policies.
• Ensure compliance to internal policies, procedures and guidelines.
• Make recommendations on how to improve internal controls, risk management and accounting systems.
• Ensure effective evaluation of internal controls and operating practices.
• Design and initiate auditing techniques, practices and benchmarks for the audit staff.
• Review and evaluate adequacy and effectiveness of the systems.
• Observe and assess internal processes and procedures, provide compliance reports and recommendations.
• Provide input in the development of risk internal audit and strategic plans that align with current and future corporate goals.
• Ensure best practices, standards and procedures of the company in all audit operations.
• Monitor ZRL’s compliance to laws and regulations.
• Monitor contract performance
• Participate in monitoring the implementation of the Strategic Business Plan (SBP).
• Develop and implement policies and contingency plans for risk and liabilities control.
• Manage quality outcomes while meeting established time budget.
• Verify the accuracy of financial records as they pertain to assets, liabilities, receipts, expenditures, and related transactions.
• Ensure effective and efficient utilization of resources.
• Safeguard the company against fraud and theft of assets.

• Highest standard of ethical behavior
• Governance and compliance skills
• Corporate laws and procedures
• Strategic thinking
• Knowledge of rules, regulations and procedures
• Critical thinking and Problem solving
• Numerical, Analytical and Financial skills
• Communication skills
• Accountability
• Innovative
• Analytical skills
• Commercial and business acumen
• Performance and appraisal knowledge
• Team building
• Talent management
• Leadership and Supervisory skills

• Full grade 12 certificate (5 ‘0’ levels) with credit or better in Mathematics and English.
• A bachelor’s degree in Finance or Accounting with ACCA, CA or equivalent.
• A master’s degree is an added advantage.
• Membership to a relevant professional body is a must.