Company Background

Lukanga Water Supply and Sanitation Company Limited (LgWSC) is a Commercial Utility Company providing Water Supply and Sanitation Services in Central Province.

Role Context

The Director Audit and Risk reports to the Managing Director – Functionally to the Audit and Risk Committee and will be employed on a three (3) year contract subject to renewal. He/She will be based at LgWSC head office in Kabwe.

A. JOB PURPOSE

The Director will be responsible for providing independent and objective assurance, audit, risk management and governance advisory services to the Board and Management in order to enhance the effectiveness of risk management, control and governance processes, and ensure compliance with statutory, regulatory and donor requirements for sustainable operations of the company.

B. MAIN DUTIES AND RESPONSIBILITIES

• Developing and implementing a risk-based Annual Audit Plan which is aligned with LgWSC strategic objectives. Planning, leading and executing operational, financial, compliance, IT systems and performance audits and providing advisory services to management on internal controls, risk management and best practices in governance.
• Reviewing and ensuring the adequacy of internal controls in all Directorates and service centres as well as producing timely Internal Audit Reports with practical recommendations and follow-up on implementation.
• Coordinating with External Auditors, NWASCO Inspectors, Auditor General and Donor auditors, overseeing and mentor audit to ensure quality delivery and professional development.
• Develop, implement and maintain the Enterprise Risk Management (ERM) Framework and Risk Register and facilitating quarterly risk assessments with Directorates and update Board Risk Profile.
• Monitor key risks: commercial, operational, financial, climate, health & safety, and strategic risks.
• Provide risk advisory on new projects, policies and business continuity. Oversee and mentor risk staff to ensure quality delivery and professional development.
• Facilitate training of Risk Champions, Focal Point Persons, Management and the Board.

C. GOVERNANCE

Conduct fraud investigations, whistleblower reviews and promote anti-corruption culture and providing assurance on donor-funded projects. Conduct governance audits.

D. LEADERSHIP & MANAGEMENT

Provide strategic leadership to the Audit and Risk Directorate, including budgeting, staffing, training and performance management. Champion quality assurance and improvement program in line with the Global Internal Audit Standards (2024).

E. QUALIFICATIONS, EXPERIENCE AND COMPETENCIES

• School Certificate with 5 O’ Levels including Mathematics and English.
• A professional accounting qualification such as Chartered Accountant – CA Zambia, ACCA, CIMA or equivalent.
• Master’s Degree in Accounting, Auditing, Business Administration, Risk Management or related field – Added advantage.
• Fully registered and paid-up member of the Zambia Institute of Chartered Accountants (ZICA), with full Membership.
• CIA, CISA, CRMA, CFE certification will be a distinct advantage.

F. PROFESSIONAL MEMBERSHIP

• At least Associate Member of ZICA.
• Member of the Institute of Internal Auditors of Zambia, ISACA, or Institute of Risk Management.

G. EXPERIENCE

• Minimum seven (7) years relevant experience in audit, risk management and governance, with at least 5 years at Senior Management level in a reputable organisation, preferably a Commercial Utility, Public Sector or regulated industry.
• Proven experience in leading risk-based audits, ERM implementation and Board Committee reporting. Knowledge of water utility operations, NWASCO regulations and donor project audit requirements is highly desirable.

H. COMPETENCIES

• High integrity, independence and professional ethics.
• Excellent analytical, report writing and presentation skills.
• Strong IT skills.
• Leadership, people management and stakeholder engagement.
• Valid Driver’s License.

• Develop and implement a risk-based Annual Audit Plan aligned with LgWSC strategic objectives.
• Plan, lead and execute operational, financial, compliance, IT systems and performance audits and provide advisory services on internal controls, risk management and governance best practices.
• Review internal controls in all Directorates and service centres, produce timely Internal Audit Reports with practical recommendations, and follow up on implementation.
• Coordinate with External Auditors, NWASCO Inspectors, Auditor General and Donor auditors; oversee and mentor audit staff.
• Develop, implement and maintain the Enterprise Risk Management (ERM) Framework and Risk Register; facilitate quarterly risk assessments and update the Board Risk Profile.
• Monitor commercial, operational, financial, climate, health and safety, and strategic risks.
• Provide risk advisory on new projects, policies and business continuity; oversee and mentor risk staff.
• Facilitate training of Risk Champions, Focal Point Persons, Management and the Board.
• Conduct fraud investigations, whistleblower reviews and governance audits, promote an anti-corruption culture, and provide assurance on donor-funded projects.
• Provide strategic leadership to the Audit and Risk Directorate, including budgeting, staffing, training and performance management.
• Champion the quality assurance and improvement program in line with the Global Internal Audit Standards (2024).

• High integrity, independence and professional ethics
• Excellent analytical skills
• Report writing and presentation skills
• Strong IT skills
• Leadership and people management
• Stakeholder engagement
• Risk-based auditing
• Enterprise risk management
• Internal controls and governance
• Fraud investigation and whistleblower review
• Valid Driver’s License

• School Certificate with 5 O’ Levels including Mathematics and English
• Professional accounting qualification such as Chartered Accountant – CA Zambia, ACCA, CIMA or equivalent
• Fully registered and paid-up member of the Zambia Institute of Chartered Accountants (ZICA), with full Membership
• At least Associate Member of ZICA
• Member of the Institute of Internal Auditors of Zambia, ISACA, or Institute of Risk Management
• CIA, CISA, CRMA, CFE certification will be a distinct advantage
• Master’s Degree in Accounting, Auditing, Business Administration, Risk Management or related field – Added advantage