HST Consulting PLC Group Chief Audit Executive
Job Id: 205660
Category: Accounting and Finance
Location: Addis Ababa
Career Level: Senior Level (5+ years experience)
Employment Type: Full time
Salary: Negotiable Salary and Benefits package
Job Description
HST Consulting is looking for experienced, energetic and committed internal audit professional for one of its esteemed corporate client engaged in a diversified business.
The Group Chief Audit Executive (GCAE) is responsible for providing audit leadership to the entire business operation for all companies under the Group by ensuring effective functioning of the group’s corporate governance system.
The governance system which is designed for protection of shareholder long term interest by serving the society with honesty and integrity and in full compliance with the country’s laws and regulations.
Key Duties and Responsibilities
1. Ethics. Foster the Ethical climate of the group. Considering the diversity of businesses within the group, Ethics, is the most important common element in dealing with suppliers, clients, employees, tax authorities, and other key stakeholders for the ultimate aim of promoting the interests of share-holders and the society for long term. Hence, the GCAE is the custodian and judge of the proper application of the group’s Ethical guidelines in execution of day to day duties across all businesses.
2. Internal Audit Management. The GCAE shall ensure that the various stakeholders within the group of companies must have confidence that the leadership of the audit function will work to ensure that the interests of the shareholders and all stakeholders are protected. The audit function must maintain a level of independence and objectivity, and the attitude and actions of the GACE should reflect the independence and objectivity of the department. The GACE shall advocate internal audit and its value within the group head office and its subsidiaries; implement risk-based audit plan; manage internal audit resources; foster the professional growth of staff within the department.
3. International Professional Practices Framework (IPPF). The GCAE exemplifies quality and continuous improvement of the internal audit activity. This include: aligning the group internal audit policies with the IPPF; leading audit activities in conformance with the department policies and IPPF.
4. Governance, Risk and Control. The GCAE is expected to apply the governance, risk, and control frameworks in audit activities and to support a culture of fraud risk awareness at all levels of the group businesses.
5. Business Acumen. The GACE understands all business risks of all the companies under the group and related internal control activities; understands the strategic risks to the group’s control environment; governance processes; and continuously monitor and understand the risks of macro and micro economic factors on the group’s industries.
6. Communication. This competence is a key pre-requisite for all managerial positions. In particular, it is an
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