VACANCY ANNOUNCEMENT: ASSISTANT MANAGER, INTERNAL AUDIT
Introduction of the Corporation
WAICA Re is one of the fastest growing reinsurance companies in Africa. WAICA Re is head quartered in Freetown (Sierra Leone) and operates through five (4) Regional Offices namely Lagos (Nigeria), Accra (Ghana), Abidjan (Côte d’Ivoire), and Tunis (Tunisia) . It also has four (5) Subsidiary Companies namely, WAICA Re Zimbabwe Limited in Harare (Zimbabwe), WAICA Re Kenya in Nairobi (Kenya), WAICA Reinsurance (DIFC) Limited, and Investments Companies namely WAICA Re Capital, Accra (Ghana) and AFFIN Bank (United Kingdom).
Job purpose
The Assistant Manager, Internal Audit will report to the Group Internal Auditor and is responsible for contributing to the successful planning, execution, and completion of operational and compliance audits as well as special projects. The role includes evaluating the organization’s internal controls, processes, policies and procedures to ensure that they are adequate, effective, and in compliance with regulatory requirements in our respective jurisdictions, industry standards and best practice guidelines, audit charter and corporate policies/guidelines. The Group Assistant Auditor must follow generally accepted auditing standards (GAAS) and the internal audit guidelines. The Auditor is expected to effectively interact with the team, auditees, and Management.
Job duties and responsibilities
- Assist team members with audit planning, test plan development, and documentation requests
- Ensure audit execution is in alignment with the defined audit program and is in adherence with departmental standards
- Execute audit testing and evaluate the design and operating effectiveness of internal controls
- Identify areas for improvement in the Corporation’s business processes by identifying potential audit issues
- Liaise with relevant department and stakeholders during regulatory reviews for efficient interaction of Internal Audit Deliverables to external Reviewers.
- Assist in the preparation of audit reports and presentation of findings to Executive Management and the Subsidiary Board Audit Committee as determined by the Group Head of Internal Audit.
- Monitor the status of audit findings for appropriate resolution by the auditee
- Complete special projects and handle additional duties as necessary
- Maintain awareness of current industry trends, technology, and development
Candidate Profile
Qualifications
- Graduate specialising in Finance, Accounting or Auditing.
Professional qualifications
- Internationally Recognized Professional Accountancy Certification Professional Qualification, ACCA, ACA, CPA, ICAN, CIMA, etc with one of
- CISA, CIA, CISM, CISSP, CEH or other similar cybersecurity or IT Audit certification will highly desirable.
Experience
- Minimum 10 years of experience preferable with 5 years at a managerial level in an internal/external audit capacity within a corporate environment or a global top ten Audit firm.
- Experience in the reinsurance or insurance sector with ACII will be an advantage but not required.
- Individuals with an IT audit background, analytics and are chartered accountants plus with an IT audit, internal audit or cybersecurity certification with a proven experience in managing, supervising, planning, and execution of internal/external audit engagements are encouraged to apply.
Competencies
- Strong analytical and problem-solving skills.
- Effective listener, interviewer, and negotiator
- Ability to work in challenging situations, multi-task, flexible, and adaptable
- Ability to produce quality work in a timely manner
- Ability to work both independently and in a team environment
- Strong analytical skills and follow-through
- Solid computer skills including Microsoft Excel, Word, PowerPoint, and SharePoint
- Exceptional communication skills, both written and verbal.
- Ability to work collaboratively in a fast-paced environment.
- Strong attention to detail and adherence to deadlines.
Essential Skills Required to Meet Job Demands
- Understanding of IFRS
- Auditing Standard Mastery
- Internal Control Frameworks
- Insurance/Reinsurance knowledge
- Business Acumen
- Materiality & Sampling
- Audit files finalization
- Decision making
- Resolution
- Data Analytics tools
- Results Focus
- Quality Focus
- Excellent with numbers
- Proficiency in excel, power point and word.
Application Procedure
Interested Candidates for this role shall be required to send a CV to vacancies@waicare.com
Closing date for application: 27th June 2025.