Post 

 Chief Audit Executive

 Department

 Internal Audit Department 

 Remuneration Package

 Between MVR 38,000.00 to MVR 40,000.00

 Retirement pension scheme – 7% of the basic salary will be contributed monthly on behalf of employee  to the

Retirement pension fund of the Maldives.

 Main Responsibilities

  The Chief Audit Executive (CAE) is responsible for overseeing the internal audit function within an

organization. The main responsibilities of a CAE typically include.

 1. Developing and implementing the organization's internal audit strategy: The CAE is responsible for

developing and implementing the internal audit strategy for the organization in line with its objectives, risks,

and compliance requirements.

 2. Ensuring compliance with laws and regulations: The CAE ensures that the organization is complying with all

relevant laws and regulations.

 3. Managing the internal audit team: The CAE manages the internal audit team, providing guidance and support to

ensure that the team is effective in carrying out its responsibilities.

 4. Conducting audits: The CAE is responsible for conducting audits to assess the effectiveness of the organization's

systems and controls, and to identify areas where improvements can be made.

 5. Reporting to senior management and the board: The CAE reports to senior management and the board on the

results of audits, highlighting areas of concern and recommending improvements.

 6. Collaborating with other departments: The CAE collaborates with other departments within the organization to

ensure that audit recommendations are implemented effectively.

 7. Providing advice and guidance: The CAE provides advice and guidance to senior management and the board on

matters related to internal controls, risk management, and governance.

 8. Maintaining relationships with external auditors: The CAE maintains relationships with external auditors to ensure

that the organization is meeting its external audit requirements.

 Overall, the CAE plays a critical role in ensuring that the organization is operating effectively, efficiently, and in

compliance with all relevant laws and regulations

 Educational Qualification

  (Master's Degree / MNQF level 9) in Accounting or a related field (preferably CIMA / ACCA / CPA) with minimum

3 year's managerial experience in Accounting and Auditing

 OR

 ( Bachelor's Degree / MNQF level 7) in Accounting or a related field (preferably CIMA / ACCA / CPA) with minimum 5 year's managerial experience in Accounting and Auditing

 Skills

 The role of a Chief Audit Executive (CAE) requires a combination of technical, management, and interpersonal skills.

Some of the core skills required for the role include:

 1. Audit expertise: The CAE should have in-depth knowledge and experience in auditing, including risk assessment,

audit planning, and execution, and reporting on audit findings.

 2. Financial acumen: The CAE should possess a strong understanding of financial statements, accounting principles,

and finance-related regulations.

 3. Strategic thinking: The CAE should be able to think strategically and identify areas where audit can add value to

the organization.

 4. Leadership: The CAE should have strong leadership skills to manage the internal audit team and collaborate

effectively with other departments within the organization.

 5. Communication: The CAE should have excellent communication skills, both written and verbal, to effectively

communicate audit findings to senior management and the board.

 6. Analytical skills: The CAE should have strong analytical skills to identify trends, patterns, and insights from

audit data.

 7. Risk management: The CAE should be able to identify and manage risks associated with the organization's

operations, processes, and systems.

 8. Change management: The CAE should be able to manage change effectively and implement new

processes and procedures as needed.

 9. Relationship management: The CAE should have strong relationship management skills to build

and maintain relationships with stakeholders, including senior management, the board, and external auditors.

 Overall, the CAE should possess a broad range of skills and knowledge to effectively lead the internal audit

function and add value to the organization.

 Documents to be submitted

• Job Application Form (available from website & Head Office counter) www. maldivegas.com
• Copy of National ID card
• Copies of relevant educational certificates
• Reference letters 
• Police Report (only for shortlisted applicants)

 Deadline

 On or Before 1200hrs of 26th March 2023

 Interested candidates are requested to send in their application with above mentioned documents to:

Human Resources Department

Maldive Gas Pvt. Ltd

 #2-21 S.T.O Trade Center, Orchid Magu, Male

Tel: 3335614, Fax: 3335615

E-mail: [email protected]

 Please note only shortlisted candidates will be contacted. Incomplete applications received without   above-  stated documents will not be contacted