Summary
Date Posted: Wednesday, April 21, 2021 , Base Salary: Not Disclosed

JOB DETAILS:
Zambia Daily Mail Ltd is a Limited Company wholly owned by the Industrial Development Corporation (IDC). The Company is incorporated under the Companies Act, number 10 of 2017 of the Laws of Zambia. It is one of the leading publishers of Daily Newspapers in Zambia. The Company has a vacancy for the position of Chief Internal Auditor and is now inviting suitably qualified Zambians to apply and be considered for the position. This position is at Director level and reports to the Managing Director.
Purpose of the Job
To plan and conduct internal audits by examining and analysing Accounting, Marketing and Advertising, Human resources and all other operational documents and records to ensure compliance with standard operating procedures, processes and methods, and that the use of assets is properly accounted for.
The position is responsible for performing Company risk assessments, communicating areas requiring management attention, developing the annual internal audit plan and supporting programmes, and ensuring planned internal audit activities are carried out within approved budgets.

Key Responsibilities and time split
The Chief Internal Auditor is required to plan annual audits, examine and analyse Accounting, Human Resources, Production, Marketing and all other company operations to safeguard Company assets and to ensure compliance with established or set standard procedures, regulations and rules.
He or she conducts internal audits to assess the effectiveness of controls, accuracy of financial records and overall efficiency and effectiveness of all Company operations. The jobholder also examines departmental records and/or documents, interviews staff to ensure compliance with laws and regulations, inspects accounting systems, reviews records relating to material assets, analyses data obtained for evidence of deficiencies in controls, duplication of effort, extravagance, fraud or lack of compliance with regulations and management policies and procedures and develops controls for fraud prevention. .

The main duties are:
• Plans annual audits and conducts such audits to assess effectiveness of controls, accuracy of financial and operational records, efficiency and effectiveness of operations to ensure that procedures are followed and/or improved upon so that the use of assets is properly accounted for.
• Develops an internal audit plan annually, utilizing a formalized risk assessment.
• Coordinates the department's risk and control assessment; verifies the alignment of key controls with risk assessment processes, and designs internal audit plans accordingly.
• Examines and analyses Accounting, Marketing, Human Resources, Production and all other operational records and documents to ensure compliance with standard operational procedures, laws and regulations.
• Inspects accounting systems to determine their efficiency and effectiveness.
• Reviews records relating to equipment, buildings and other fixed assets to determine completeness, existence and fair values of the assets.
• Analyses data obtained for evidence of deficiencies in controls, duplication of effort, extravagance, fraud or lack of compliance with laws, regulations and Company policies and procedures. Reports and makes appropriate recommendations for the attention of the Managing Director and the Board.
• Ensures that internal audit procedures are properly documented and regularly updated.
• Performs other related functions, as and when required, such as investigations to discover mechanics of detected fraud(s) and to develop controls for fraud prevention.
• Devises risk control and management strategies for ZDML.
• Reviews compliance to risk containment, risk compliance and Management controls.
• Prepares audit reports with recommendations that will assist Management in their responsibilities and monitors progress on recommendations.
• Ensures timely and accurate completion of assigned audit work in a manner consistent with the Standards of Professional Practice of internal auditing.
• Prepares board reports and also performs other duties, as may from time to time be assigned by the Board and Management.

Knowledge and Skills Requirements
• Grade 12 certificate with at least 5 credits including English and Mathematics
• Degree in Accountancy or an equivalent qualification
• Professional qualification such as ACCA, CIMA or other equivalents.
• Master's degree in a relevant field will be an added advantage.
• Minimum ten (10) years auditing experience (either external or internal) a at senior management level and (5) five of these must have been at head of department/function level in a financial or commercial institution
• ZICA and or Institute of Internal Auditors (IIA) Membership is a must.
• Demonstrable/practical ICT knowledge and skill is essential for the role.

Work Hours: 8

Experience in Months: 120

Level of Education: Bachelor Degree

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Job application procedure
If you think you are the right person for this job, please send your application letter together with a detailed CV and copies of your academic and professional certificates to the undersigned, not later than 23 April, 2021.
The Managing Director
Zambia Daily Mail Limited
Longo longo Road
PO Box 31421
LUSAKA
Any Forms of Lobbying Either Directly or Indirectly Will Lead to Instant Disqualification of the Candidate

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