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Tuesday, June 8, 2010

CIA 1 Opening(s) Bakhtar Bank

Summary

Experience: 7 - 10 Years
Location:
Kabul ,
Afghanistan
Compensation: U.S Dollars 45,000 - 60,000
$3500 - $5500 PER MONTH
Education: UG - B.Com - Commerce PG - MBA/PGDM - Finance
Industry Type: Banking/Financial Services/Broking
Role: Head/VP/GM-Finance/Audit
Functional Area: Accounts, Finance, Tax, CS, Audit
Posted Date: 07 Jun

Desired Candidate Profile

Advanced degree and/or professional designation preferred

National CPA firm bank auditing experience in a managerial capacity preferred

Certificates and Licenses

Certified Public Accountant (CPA) license or certificate in good standing required

Certified Internal Auditor (CIA) designation helpful but not required

Other Skills and Abilities
Ability to communicate effectively orally and in writing using the English language; Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents; Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community; Ability to write speeches and articles for publication that conform to prescribed style and format; Ability to effectively present information to top management, public groups, and/or boards of directors.
Ability to learn, or knowledge of, Microsoft Office products including Microsoft Word, Excel, PowerPoint and Access; Ability to learn or knowledge of Outlook email program; In-depth knowledge of banking operations, concepts, policies and procedures; Ability to effectively handle difficult, confidential and sensitive matters using a wide degree of latitude; Maintain flexible schedule to adapt and respond to unexpected/rapid changes.

Job Description

Job Description:

The successful candidate serves as the Company’s Chief Internal Auditor with full responsibility for the organization, planning, development, and administration of the internal audit function for bank. The successful candidate directs the audit staff (internal or outsourced) in evaluating financial, operational and information technology controls and risk. The incumbent uses a risk-based approach to reviewing compliance with established corporate and affiliated policies and procedures, and compliance with regulatory pronouncements. The incumbent ensures that bank’s assets are properly accounted for and safeguarded. The successful candidate communicates findings, together with recommendations for corrective action, to the Company’s Audit Committee and supervisory board. . The position allows the successful candidate to be part of the senior management team of the bank and play a major role in its continued development.
Chief Internal Auditor is responsible for:

1. Auditing

He/She develops and directs the design, scope and administration of a comprehensive audit program; including development of the annual risk assessment/audit plan for the bank in accordance with guidelines set forth by Audit Committee, Company CFO and CEO and supervisor board and board of directors.
2. He/She oversees the execution of the audit program ensuring efficient, effective and complete audit coverage; including supervision of bank’s Internal Audit service firm
3. He/She coordinates and directs the reporting of results of audits to affiliated management and the Audit Committee of the Board of Directors
4. He/She safeguards the assets of the company, directs the activities of the Audit management/accounting department, and contributes to the achievement of corporate growth and profit objectives.
5. He/she coordinates inquiries and requests for information on Audit Committee activities with Bank regulators and external auditors
6. He/she manages and directs the preparation of audit reports with Internal audit service firm; participates in all internal audit exit meetings; determines final grade for each audit report based on recommendation from Internal Audit service firm
7. He/she reviews and evaluates the disposition of audit findings and the adequacy of subsequent corrective action; reviews high findings with CFO and CCO
8. He/she determines the staffing needs and organization of the Audit Department including staffing requirements of Internal Audit service firm
9. He/She prepares and monitors annual operating budgets for efficient administration of the Audit Department
10. He/She manages, directs, and participates in special projects, research and assignments as directed by Executive Management, or the Audit Committee of the Board of Directors
11. He/She responsible executive for preparation, coordination and execution of periodic Audit Committee meetings; prepares meeting minutes and reports committee activity to bank and holding company boards.


Supervisory Responsibilities
He/she manages relationship with other departments and carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include planning and directing work of Internal Audit service firm; appraising performance and directing RFP process as requested by Audit Committee; addressing complaints and resolving problems.


Keywords: Chief Internal Audit

Company Profile

Bakhtar Bank is newly establish Bank one of commercial Banks in Afghanistan almost having 16 Branches in Afghanistan with the plan of establishing 20 more Branches this calendar year. Bakhtar Bank has a talented pool of staff with years of experience.
Contact Details
Company Name: Bakhtar Bank
Executive Name: Zalmay Akbar
Address: Bakhtar Bank
Afghanistan
Kabul
Kabul,Afghanistan 26000
Telephone: +93-77-1098359