Summary
Date Posted: Thursday, July 25 2024, Base Salary: Not Disclosed

JOB DETAILS:
The Water Resources Management Authority (WARMA) was established in 2012 under the Water Resources Management Act No. 21 of 2011. One of its main functions is to manage and regulate the use of Zambia’s water resources in an integrated, participatory and sustainable manner taking into consideration the human, land, environmental and socio-economic factors. In order to effectively implement its functions, the Authority wishes to recruit suitably qualified, self- motivated and experienced persons for the following positions:-

Manager – Audit And Risk (01 Position)
Department: Audit and Risk
Reports To: Director General/functionally to the Audit & Risk Committee
Location: Headquarters – Lusaka

Qualifications:
a) Five (5) O-Levels with Credit and above in Mathematics and English:
b) Bachelor’s degree in Accounting. Finarice, Business Administration from a reputable University/institution of higher learning:
c) Full ACCA, CIMA or CA Zambia:
d) Master’s degree in Accounting, Risk Management, Finance, Economics, Business Administration or related:
e) A member of Zambia Institute of Charted Accountants (ZICA) and/or Institute of Internal Auditors Zambia (IIAZ):
f) Certifications in Risk and Internal Control Management will be an added advantage:
g) Atleast seven (7) years of relevant experience with at least four (4) years at senior management level in a reputable institution: and
h) Must be a Zambian Citizen.

Other Requirements
a) Highly developed leadership and management skills;
b) Good computer skills;
c) Experience in Financial Modelling:
d) In-depth understanding of internal Auditing systems and Procedures:
e) Good Interpersonal and negotiating skills:
f) High analytical skills / Business acumen and exemplary work ethics; and
g) Excellent communication and interpersonal skills.

Purpose of the Job:
To manage internal audit operations in order to safeguard Authority resources. Particularly, to plan and conduct Internal Audits with a view to highlighting departures from prescribed controls, policies and procedures and to safeguard the Authority’s financial resources and other assets.

Main Duties and Accountabilities:
a) Oversee the formulation and implementation of the Internal audit policy guidelines of the Authority in line with international standards and practices.
b) Develop and manage the effective implementation of Internal Audit and Risk policies and guidelines in order to foster adherence to set standards.
c) Manage the effective maintenance of a database of internal audit and risk reports to facilitate tracking of audit recommendations for informed decision making.
d) Manage timely consolidation of monthly, quarterly and annual audit and risk reports in order to support informed decision making.
e) Manages the development and implementation of audit and risk strategies and initiatives in order to reduce the impact of possible risk.
f) Provide senior management and the Board of Directors with an opinion on the adequacy. effectiveness and efficiency of the internal controls in the organization.
g) Prepares and keeps reviewing the standard audit procedures manual for guiding Internal Audit staff in the conduct of audit assignments.
h) Prepare the annual audit plan: involving the assignment of risk factors to auditable units and then the preparation of a risk matrix in the audit and risk plan.
i) Review draft audit reports and audit working papers prepared by audit staff after completion of audit field work.
i) Determine the audit and the risk strategy of the Authority:
k) Prepare quarterly risk reports and risk register for presentation to Management and the Board;
1) Identifies and recommends audit controls and risk systems for implementation:
m) Oversees the preparation of audit reports and audit working papers for presentation to Management and the Board.
n) Carry out assignments of an investigative nature when called upon and provide advice on the management of risk, collaboration with other departments
o) Prepare financial requirements and annual budget for the unit
p) Perform any other duties that may be delegated from time to time.

Education Requirement: No Requirements

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education:

Job application procedure
• INTERESTED PERSONS SHOULD SEND THEIR APPLICATION LETTERS SUPPORTED BY COPIES OF CERTIFIED ACADEMIC AND PROFESSIONAL QUALIFICATIONS WITH DETAILED CV’s WITH THREE (3) TRACEABLE REFEREES NOT LATER THAN 17:00HRS ON 9th August,2024 TO THE ADDRESS BELOW VIA THE FOLLOWING EMAIL: jobs@warma.org.zm . IN THE SUBJECT LINE, PLEASE INDICATE THE SPECIFIC POSITION YOU ARE APPLYING FOR AND ENSURE THAT THE APPLICATION IS SCANNED AS ONE PDF DOCUMENT. ONLY THOSE APPLICATIONS THAT REFERENCE THE POSITION IN THE SUBJECT LINE WILL BE CONSIDERED.
• The Director General
Water Resources Management Authority
Plot No LN-385-7 & 385-8, Alick Nkhata Road
Po Box 51059
LUSAKA
• PLEASE NOTE THAT ONLY SHORT-LISTED CANDIDATES WILL BE CONTACTED. YOU DO NOT NEED TO APPLY IF YOU DON’T MEET THE MINIMUM REQUIREMENTS.
• BE AWARE OF FRAUDSTERS, WARMA WILL NOT ASK FOR ANY PAYMENT IN RESPECT OF THESE REQUIREMENTS.

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