Internal Auditor

Luapula Water Supply and Sanitation Company Limited is a commercial utility which was set up to provide water and sanitation services to all districts in Luapula Province. The Company was incorporated in December as a private company limited by shares, subscribed by the Local Authorities, under the Companies Act 2017 of the Laws of Zambia.

The Company’s mission is to effectively provide water and sanitation services to the urban and peri-urban areas of Luapula

Province in a manner that maximizes value for money for all stakeholders.

In pursuance of this mission, the Company is seeking the services of suitably qualified and experienced candidates to fill the following vacancies.

Title of Position: INTERNAL AUDITOR (No. Required: 1 Contractual)
Department: Audit and Risk Management
Reports To: Audit Committee of the Board functionally; Administratively, to the Managing Director
Location: Head Office
Purpose of The Job:
To provide an independent, objective assurance and consulting activity designed to add value and improve the operations of the Utility; Co-ordinate the internal audit function and ensure a
systematic and disciplined approach to evaluating and improving the effectiveness of control and
governance processes by ensuring that the Utility is in compliance with its internal operating policies and procedures and any external legal, regulatory or contractual requirements

Key Responsibility
1. Develop and regularly review the Luapula Water Supply and Sanitation Ltd Co. Internal Audit Charter to ensures relevance to control environment
2. Communicate to the Board and Management on the role of Internal Audit unit in the Utility
3. Explain role of the Board and Management in the operations of Internal Audit unit in the utility
4. Formulates, updates and implements the audit policies, procedures/ systems and ensure adherence to Utility audit policies;
5. Monitors the implementation of the policies, procedures and systems;
6. Reviews and challenges the Utility’s policies to ensure that they are up-to-date and relevant;
and 7. Ascertains the effectiveness with which the Utility’s assets are accounted for and safeguarded from all kinds of losses arising from fraud and other incidents, waste, extravagance,
inefficient administration, poor value for money and other causes.
8. Develops and executes the annual risk-based audit plan and perform duties necessary to achieve the internal audit objectives and scope;
9. Effective tracking and reporting of audit exceptions (Issue Remediation);
10. Coordinates the internal audit effort with those of the Company’s external auditors to minimize duplication of effort
11. Advises management on the adequacy of internal control systems of the Utility and giving recommendations on improvement and continuously reviewing/monitoring implementation.
12. Involved in the implementation of new processes and systems to provide an independent view of the quality of project management and to embed an effective control framework from the start.
13. Performs special investigations as deemed felt or as directed by the Managing Director and the Board through Audit and Risk Committee.
14. Reports the results of all audits engagements to Senior Management, Audit and Risk Committee
15. Prepares timely and accurate reports of audit findings and recommendations for management attention and ensures adequate follow-ups of management’s corrective action;
16. Reviews and records actions taken by management to correct audit findings.

17. Ensures that Senior Management, Audit and Risk Committee and the Board are aware of current issues related to all areas covered by the Internal Audit department, including internal
financial control, corporate governance, audit committee and internal audit matters;
18. Prepare Quarterly Board Audit Committee Pack for reporting to the Audit Committee;
19. Develops and implements short and long-term internal audit strategies and programmes
aimed at providing an independent and objective opinion on controls, checks, and corporate governance;
20. Maintain a current knowledge base of audit industry practices to ensure best practice is always considered.
21. Leads the assurance of adequacy of the embedded controls in new and/or reviewed policies,
procedures, processes and systems.

QUALIFICATIONS AND EXPERIENCE
1. Grade 12 Certificate
2. Relevant Bachelor’s Degree and or a Professional Qualifications: ACCA, CIMA, ZICA or equivalent
3. Master’s Degree is an added advantage
4. 5 years’ experience in a similar position at Senior Management level

SKILLS SPECIFICATION
Analytical and problem-solving skills. Computer skills. Report Writing skills. Professional skepticism. Excellent communication skills. Team Player and problem solving. Focused/priority
driven and assertive. Investigative.
Strong personality & respect for confidentiality. Attention to detail Objectivity and integrity.

Luapula Water and Sewerage Company values the provision of equal employment opportunities.

Therefore, women, men and persons with disability are all encouraged to apply.

All applications together with photocopies of certificates, detailed curriculum vital should reach

the undersigned not later than 7th October 2022.

The Statutory Manager

Luapula Water Supply and Sanitation Company Limited

P.O Box 710594

Mansa, Luapula Province

Applications can also be posted electronically to luapulawater@yahoo.co.uk before 17.00

hours on the closing date.