Waste Management Cooperation
Maldives

No:WAMCO-HR/IUL/2018/011

CAREER OPPORTUNITY

Waste Management Corporation Limited, (WAMCO) is a state-owned company (Registration number No: C-48/2009) that officially started operations on January 1st, 2016, with the objective of providing quality driven, and environmentally responsible and sustainable waste management services.

Job Title: Senior Internal Auditor  

No. of Position: 2

Salary Package: - 12000 – 17000 MVR

Important responsibilities and duties may include, but are not limited to, the following:

Audit Engagements

• Participate in opening meetings with client to explain the scope and objectives of the audit engagement to client and provide an overview of all steps in the audit process.
• Develop a thorough understanding of business processes in scope for assigned audits and document the processes in flowcharts and/or process narratives. Identify and document risks and controls within the business processes.
• Develop a risk based audit plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and defined internal audit methodology.
• Perform audit tests and prepare working papers in accordance with professional IIA standards.
• Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives. Identify and document control and process weaknesses and provide evidential support for findings.
• Review audit team members work and provide appropriate guidance for improvement.
• Propose practical and value added recommendations to address control weaknesses and/or process inefficiencies.
• Organize and reference working papers for review by Chief Internal Auditor.
• Participate in closing meetings with client at the end of fieldwork, providing clear explanations for identified issues in reporting.
• Assist in the preparation of a concise and informative audit report to effectively communicate the findings and recommendations to the branch/department and senior management.
• Assists Chief Internal Auditor in the development of the annual Internal Audit plan.
• Supports Chief Internal Auditor in the development and implementation of the Internal Audit Function.
• Review, finalize and Co-ordinate internal audit reports for the quarterly Audit Committee reporting.

Internal Controls

• Contributes to the safeguarding of corporate assets by ensuring that appropriate internal controls are in place and operating effectively.
• Perform consulting services for management through participation in projects designed to introduce new and/or changing processes, products or facilities.
• Provide consultative support to branches and departments with regard to the adequate design and execution of risk management processes.

People and Leadership

• Contribute to the development of an Internal Audit team that promotes delivery of high value-add outputs and team work.
• Actively work with other colleagues within Internal Audit and ensure the high quality advice and services are provided to our stakeholders.

Others

• Develops and maintains effective and professional working relationships with all levels of staff within the organization, including Senior Management and Audit Committee of the Board.
• Conducts investigations of suspected internal fraud.

Other skills and requirements:

• Solid understanding of risk and control concepts. Ability to apply these concepts to evaluate the adequacy and effectiveness of business processes and controls to mitigate risk to tolerance levels defined by management
• Working knowledge of professional IIA performance standards with regarding to planning, testing, sampling and documentation
• Good understanding of accounting principles and financial statements
• Well-developed technical skills in Word and Excel
• Has knowledge of best practiced policies and procedures and business processes
• Good interpersonal skills with a proven ability to communicate effectively (both written and verbal)
• High personal integrity with strong ethics and values
• Ability to stand firm on difficult issues when required
• Strong analytical capability
• Capable of working independently and with minimum supervision
• Logical approach to identifying and evaluating issues and problem solving
• Well-developed organizational skills with the ability to prioritize multiple assignments
• Displays awareness of the need for confidentially in sensitive matters
• Demonstrated job commitment and personal flexibility to meet changing expectations
• Commitment to self-development and expansion of knowledge
• Flexibility to travel as required

Minimum Qualification and Experience Requirement

• Undergraduate Degree (MQA Level 7 or 8) in Business, Accounting, Finance or Auditing, AND
• Minimum 2 years’ experience in auditing and assurance service

    OR

• ACCA Skills Level (F1 – F9) OR
• Advance Diploma (MQA Level 6) in Business, Accounting, Finance or Auditing, AND
• Minimum 4 years’ experience in auditing and assurance service

Interested candidates are requested to submit application form with CV, copy of ID card, copies of attested educational certificates and other supporting documents on or before April 25, 2018, 12:00 pm.

Only shortlisted candidates will be contacted for interview.

Human Resource Department

Waste Management Cooperation Plc., 2nd Floor,

Ma. Jambugasdhoshuge, Male’ Rep. of Maldives.

Tel: +960 3025803; email: [email protected]