Background

The National Audit Office (NAO) is a Supreme Audit Institution established under the Constitution of the Republic of Malawi and the Public Audit Act, mandated to provide independent assurance to Parliament and the public on the prudent use and management of public resources in order to promote transparency, accountability and good governance.

The Office conducts Financial, Compliance, Forensic, Performance and Information Systems audits across Ministries, Departments and Agencies, Local Authorities, Statutory Corporations and all public institutions.

The Office is, therefore, inviting suitably qualified, competent and result-oriented individuals to apply for various vacant positions that have arisen within the National Audit Office.

Purpose of the post

To provide internal audit services

Main Duties and Responsibilities

• Supporting the reviewing, implementation and monitoring of internal audit and risk management policies, plans, strategies, programs, systems and procedures including budgets
• Planning and conducting audits of manual and automated systems, processes and procedures
• Reviewing and advising the office on the effectiveness and adequacy of financial and operational systems, controls, rules and procedures
• Setting, developing and monitoring compliance with internal control procedures, systems, statutory rules and regulations
• Identifying key risk areas in consultation with Management and advising on appropriate interventions
• Conducting investigative audits on suspected fraud or irregularities in liaison with relevant stakeholders and recommending appropriate action
• Collaborating with external auditors on audit matters
• Undertaking pre-audit and post audit of financial, stores and personnel records as may be required
• Following up on audit queries to ensure audit observations are properly and adequately addressed
• Preparing regular audit reports
• Allocating work, supervising and appraising staff.

Required Qualifications and Experience

• Minimum of a Bachelor of Accountancy, Auditing or Business Administration
• Must have Professional certification (e.g., ACCA, CPA, CIMA, CFA)
• Minimum of 5years’ post graduate progressive experience in Financial and Compliance Auditing with at least 4 years at Supervisory level or Auditor grade in the public service
• Thorough knowledge of public sector auditing standards, accounting principles and financial legislation.

• Supporting the reviewing, implementation and monitoring of internal audit and risk management policies, plans, strategies, programs, systems and procedures including budgets
• Planning and conducting audits of manual and automated systems, processes and procedures
• Reviewing and advising the office on the effectiveness and adequacy of financial and operational systems, controls, rules and procedures
• Setting, developing and monitoring compliance with internal control procedures, systems, statutory rules and regulations
• Identifying key risk areas in consultation with Management and advising on appropriate interventions
• Conducting investigative audits on suspected fraud or irregularities in liaison with relevant stakeholders and recommending appropriate action
• Collaborating with external auditors on audit matters
• Undertaking pre-audit and post audit of financial, stores and personnel records as may be required
• Following up on audit queries to ensure audit observations are properly and adequately addressed
• Preparing regular audit reports
• Allocating work, supervising and appraising staff.

• Minimum of a Bachelor of Accountancy, Auditing or Business Administration
• Must have Professional certification (e.g., ACCA, CPA, CIMA, CFA)
• Minimum of 5years’ post graduate progressive experience in Financial and Compliance Auditing with at least 4 years at Supervisory level or Auditor grade in the public service
• Thorough knowledge of public sector auditing standards, accounting principles and financial legislation.