TPSF is a focal body of Private Sector Organizations or Business Association. It was established in November 1998 as a company limited by the guarantee in order to promote private sector- led social and economical development in Tanzania. The Article of Association provide for ordinary, corporate and associate membership. The Foundation's Vision is that of "An effective focal private sector organization, providing a focal point for the articulation of private sector- led approaches to Tanzania's economic and social development. Its mission is "To promote private- sector- led social and economic development in Tanzania by providing member of organizations with services they value, by understanding and representing their common interests, and by engaging in effective 1 advocacy with the government".
Summary:
The Internal Audit's function is one of the fundamental "checks and balances" for sound corporate governance. It is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations with the skills to identify risk control problems and the authority to pursue its concerns, is essential to the proper discharge of Directors, responsibilities. It starts with the separate roles of internal audit and risk management in the corporate governance framework.
The TPSF intends to apply part of its funds for recruitment of Internal Auditor. The Internal auditor will provide auditing services to the Tanzania Private Sector Foundation, ensuring that the programme objectives and its operations are carried out successfully.
Responsibilities and Duties
The internal audit activity evaluates risk exposures relating to the organization's governance, operations and information systems, in relation to:
Develops and updates audit programmes and checklists; plans and monitors audit work schedules; and develops and recommends implementation of forms, systems, and procedures to carry out responsibilities and accomplish goals of the Internal Audit Service.
Ensures that accepted accounting and audit principles and policies are followed, and evaluates the adequacy and effectiveness of internal accounting procedures and operating systems and controls. Meets with TPSF management at all levels and the Audit Committee of the Board of Directors, as neces sary, to discuss audit plans and results and make recommendations to resolve audit findings requiring corrective action
Ensures maintenance of high standards and quality of audit projects by:
o review and approval of audit programs and time budgets,
o implementation of policies and establishment of procedures covering the scope of audits,
o review and evaluation of work papers of completed projects to be certain tha~ adequate documentation has been gathered and that the work papers document and provide an adequate basis for reporting, and Audit Committee.
o review of draft audit reports in connection with work papers to assure full and complete reporting in a professional manner prior to approval by the Finance, Administration and Audit Committee. Coordinates coverage with external auditors.
Coordinates coverage with TPSF in terms of Foundation compliance and risk management.
Confers, advises, initiates, an~ coordinates with other departments about policies and procedures. Identifies and analyses causes of uneconomic and inefficient practices in assigned areas of responsibility. Assesses alternatives, which might yield desired results.
Assures follow up of audit findings to ensure adequacy and timeliness of correction.
Presents findings and recommendations concerning activities audited to the Finance, Administration and Audit Committee.
Coordinates audit activities with other departments to secure resources needed to evaluate programs and conduct audits.
Participates in development of Internal Audit's annual budget and monitors subsequent expenditures.
Develops professional capability through on-the-job training and staff training programs. Performs special audit-related projects as assigned .
Performs other duties as assigned .
The Tanzania Private Sector Foundation now invites Expression ofInterests (EOI) from individuals for the position of Internal Auditor. The position will require the Internal Auditor to provide auditing professional guidance and ,best practices while performing the above mentioned responsibilities and duties.
The Internal Auditor will be selected in accordance with the procedures set out in the Public Procurement Act 2004 (Selection and Employment of Consultants).
Deliverables
The following performance criteria will be used to assess the performance of the Internal Audit at regular intervals and based upon which the contract can b.e continued or terminated. audit verification plan for each stage of the project Quality of the Internal Control Reports
Quality of documentation and working papers Communication with all stakeholders
Knowledge
The incumbent must have proficie~t knowledge in the following areas:
Competent in assessment-techniques of questioning, evaluating and reporting Audit management and audit skills such as planning, organizing and directing .
Qualifications
An employee in this position, upon appointment, should have the following knowledge and experience:
At least 4 years of relevant audit work professional experience in a reputable professional finn, with at least 2 years at the management level.
Degree in Accounting or Finance is required,
Certified Public Accountant (CPA) is highly preferred Strong understanding of internal controls
At least 2 years of relevant ICT audit experience
Application Mode:
Expressions of interest must be delivered to the address below including your CV and cover letter highlighting how your qualifications match with the requirements of the position advertised. Deadline of the Expression of Interest will be at 14:00 fIrs on Friday February 18,2011 and should be clearly marked "TPSF Internal Auditor".
Executive Director, Tanzania Private Sector Foundation Private Sector House, Plot No. 1288, Mwaya Road, Masaki P.O. Box 11313, Dar es Salaam, Tanzania .
Tel. No. +255 22 260 1913/1938 1 Fax No. +255 22 260 2368 Email: info@tpsftz.org Website: www.tpsftz.org
Summary:
The Internal Audit's function is one of the fundamental "checks and balances" for sound corporate governance. It is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations with the skills to identify risk control problems and the authority to pursue its concerns, is essential to the proper discharge of Directors, responsibilities. It starts with the separate roles of internal audit and risk management in the corporate governance framework.
The TPSF intends to apply part of its funds for recruitment of Internal Auditor. The Internal auditor will provide auditing services to the Tanzania Private Sector Foundation, ensuring that the programme objectives and its operations are carried out successfully.
Responsibilities and Duties
The internal audit activity evaluates risk exposures relating to the organization's governance, operations and information systems, in relation to:
Develops and updates audit programmes and checklists; plans and monitors audit work schedules; and develops and recommends implementation of forms, systems, and procedures to carry out responsibilities and accomplish goals of the Internal Audit Service.
Ensures that accepted accounting and audit principles and policies are followed, and evaluates the adequacy and effectiveness of internal accounting procedures and operating systems and controls. Meets with TPSF management at all levels and the Audit Committee of the Board of Directors, as neces sary, to discuss audit plans and results and make recommendations to resolve audit findings requiring corrective action
Ensures maintenance of high standards and quality of audit projects by:
o review and approval of audit programs and time budgets,
o implementation of policies and establishment of procedures covering the scope of audits,
o review and evaluation of work papers of completed projects to be certain tha~ adequate documentation has been gathered and that the work papers document and provide an adequate basis for reporting, and Audit Committee.
o review of draft audit reports in connection with work papers to assure full and complete reporting in a professional manner prior to approval by the Finance, Administration and Audit Committee. Coordinates coverage with external auditors.
Coordinates coverage with TPSF in terms of Foundation compliance and risk management.
Confers, advises, initiates, an~ coordinates with other departments about policies and procedures. Identifies and analyses causes of uneconomic and inefficient practices in assigned areas of responsibility. Assesses alternatives, which might yield desired results.
Assures follow up of audit findings to ensure adequacy and timeliness of correction.
Presents findings and recommendations concerning activities audited to the Finance, Administration and Audit Committee.
Coordinates audit activities with other departments to secure resources needed to evaluate programs and conduct audits.
Participates in development of Internal Audit's annual budget and monitors subsequent expenditures.
Develops professional capability through on-the-job training and staff training programs. Performs special audit-related projects as assigned .
Performs other duties as assigned .
The Tanzania Private Sector Foundation now invites Expression ofInterests (EOI) from individuals for the position of Internal Auditor. The position will require the Internal Auditor to provide auditing professional guidance and ,best practices while performing the above mentioned responsibilities and duties.
The Internal Auditor will be selected in accordance with the procedures set out in the Public Procurement Act 2004 (Selection and Employment of Consultants).
Deliverables
The following performance criteria will be used to assess the performance of the Internal Audit at regular intervals and based upon which the contract can b.e continued or terminated. audit verification plan for each stage of the project Quality of the Internal Control Reports
Quality of documentation and working papers Communication with all stakeholders
Knowledge
The incumbent must have proficie~t knowledge in the following areas:
Competent in assessment-techniques of questioning, evaluating and reporting Audit management and audit skills such as planning, organizing and directing .
Qualifications
An employee in this position, upon appointment, should have the following knowledge and experience:
At least 4 years of relevant audit work professional experience in a reputable professional finn, with at least 2 years at the management level.
Degree in Accounting or Finance is required,
Certified Public Accountant (CPA) is highly preferred Strong understanding of internal controls
At least 2 years of relevant ICT audit experience
Application Mode:
Expressions of interest must be delivered to the address below including your CV and cover letter highlighting how your qualifications match with the requirements of the position advertised. Deadline of the Expression of Interest will be at 14:00 fIrs on Friday February 18,2011 and should be clearly marked "TPSF Internal Auditor".
Executive Director, Tanzania Private Sector Foundation Private Sector House, Plot No. 1288, Mwaya Road, Masaki P.O. Box 11313, Dar es Salaam, Tanzania .
Tel. No. +255 22 260 1913/1938 1 Fax No. +255 22 260 2368 Email: info@tpsftz.org Website: www.tpsftz.org
