Afreximbank: Consultant Manager, Internal Audit Cairo, Egypt

Reference Number: SFBLR25

Responsibilities:

• The role holder will be responsible for the planning, execution, and reporting on assigned internal audit projects in line with approved annual risk-based internal audit plan.
• Predominantly focus on internal audit projects related to construction projects being undertaken by the Bank, participating in the planning of specific assignments, driving and concluding fieldwork within set timeframes, and reporting of audit findings and observations using approved audit methodology. Specifically:
  • Develop a plan and execute construction audits to monitor and ensure adequate controls are in place at the various sites / projects.
  • Periodically conduct visits to the construction sites to liaise with key construction stakeholders, inspect and assess the construction work planned or being executed.
  • Assessment of the construction projects to ensure adequate controls to mitigate among others, areas of material quality risks, third-party risks, and safety practices, and to ensure compliance with local and international construction industry regulations and practices as well as compliance with the project agreements and associated Bank policies and procedures.
  • Identification of process improvement or elimination of inefficiencies, cost savings and potential recovery opportunities without compromise to quality and committed turnaround of the construction projects.
  • Timely reporting of weaknesses identified and to follow-up remediation of identified weaknesses during construction project planning, execution, and retention fee phases to ensure compliance with policies, plans, procedures, laws, and regulations.
• Maintain quality work paper documentations that adequately support audit findings and conclusions.
• Liaise with Auditees at all stages of the audit and manage and negotiate with stakeholders with a view to obtaining necessary buy in, including management commitments for resolution of agreed action plans.
• Propose recommendations to address the established root cause of observed issues to the respective areas and follow up implementation of agreed management action plans.
• Provide expertise in subject areas to help advise management on risks and controls, emerging risks, and international best practices.
• Assist the Director of Internal Audit with other assignments including involvement in the development of internal audit policies and working practices.

Requirements:Qualification and Skill

• Minimum of a bachelor’s degree in Engineering, Architectural Design, Building Science, or construction related fields from a recognized University.
• Relevant professional qualifications in Construction / Civil Engineering, Construction Operations Management, Project Management Professional (PMP), PRINCE2 Practitioner, etc.
• A master’s degree in Accounting, Business Administration, Finance or Auditing and other professional qualifications such as ACA, ACCA, CA, CPA, CIA, will be an added advantage.
• Minimum of 8 years of experience in construction/project management, construction/project supervision, construction project audit/quality control and construction certification industry or engineering consulting.
• Experience in auditing, supervision and / managing multiple complex multi-year construction projects across various jurisdictions to ensure compliance with local and industry regulations, practices, and standards, including:
  • Ability to interpret construction contracts and engineering designs.
  • Ability to investigate construction claims beyond contract billing compliance, such as evaluation of damage claims based on delay, acceleration, disruption, changes in conditions, changes in scope, or consequent damages.
• Demonstrable understanding of Risk-Based Internal Audit (RBIA).
• Excellent verbal and written communication skills in English combined with ability to build compelling business cases and adapt style in order to gain buy in. Knowledge of the Bank's other working languages is an added advantage (French, Arabic and Portuguese).
• Strong analytical skills, including conducting audit in an automated environment.
• Self-motivated and ability to drive work to conclusion and meet deadlines with minimal supervision. The candidate should be able to work independently as well as a cohesive member of a small team.
• Ability to work effectively in an evolving and challenging multi-cultural environment.

Contractual information:

• 1-year fixed term contract
• Willing and able to relocate to Cairo
• Suitably qualified candidates from all African nationalities are encouraged to apply