AUDITOR GENERAL’S DEPARTMENT
JOB DESCRIPTION AND SPECIFICATION
JOB TITLE: Principal Auditor, Financial Statements Audit
JOB GRADE: AUGD AGS 8
DEPARTMENT/UNIT: Assurance Division
REPORTS TO: Deputy Auditor General
MANAGES: Directors of Audit
JOB PURPOSE
Manages the overall conduct of financial audits of assigned Departments and Agencies to
ensure that a reasonable opinion can be formed on the entities financial statements.
KEY OUTPUTS
- Annual Unit/ Work Plan
- Risk-based audit plans and Audit Planning Reports
- Engagement Letters
- Quarterly/monthly performance report
- Audit Completion reports
- Audited Financial Statements.
- Draft Annual Report.
- PAC Briefing Notes/Prompts
- Review /coaching notes
- Performance Appraisal for direct reports
- Training material
- Delivery of training to staff.
- Signed statutory/regulatory and human resource correspondence
KEY RESPONSIBILITY AREAS
- Management/Administration
- Participates in the strategic planning process.
- Participates in the development, guides and monitors the implementation of the
operational plan, recommends changes where necessary to achieve established unit/section objectives. - Oversees the development of the unit and Individual Work Plans for staff in the unit.
- Participates in the development of audit policies and procedures.
- Monitors implementation of approved policies and procedures and ensures staff compliance.
- Represents the Auditor General at conferences meetings and other fora, as required.
- Prepares and submits routine and special reports, as required.
- Visits staff at outstations.
Technical/ Professional
- Directs financial statements audits to determine whether they represent a true and fair view of the state of affairs of the audited entity and are prepared in keeping with the financial reporting framework .
- Leads the design of audit plans prepared by Direct Reports and reviews such plans to ensure compliance with ISSAIs.
- Provide oversight and direction to the audit team in the execution of fieldwork to the requisite standards.
- Reviews working papers, finalize draft reports and queries submitted by
- Direct Reports in accordance with ISSAIs and AuGD’s Guidelines and provide technical support , as required.
- Keeps abreast of international auditing and accounting standards and makes recommendation for adoption by the Department where applicable.
- Disseminates financial statements, quality control guidelines to staff within agreed timeframe.
- Provides technical support to the Performance Audit Unit.
- Liaises with officers within audited entities to share information and provide technical support.
- Attends and provides technical support at the Public Accounts Committee meetings, as required.
- Designs and delivers staff training sessions.
- Receives and acknowledges statutory/regulatory and human resource correspondence.
People Management
- Provides leadership to staff through leading by example, effective delegation and communication.
- Manage performance through monitoring, coaching, mentoring, training, feedback and ensure that performance evaluation reports are duly completed within stipulated timeframe.
- Identify and address training and other needs of staff within the Unit.
- Ensures that staff is aware of and adheres to the policies, procedures, and regulations of the Department.
Other Responsibilities
- Performs other related duties that may be assigned.
PERFORMANCE STANDARDS
- Engagement Letters and Audit Planning Reports submitted within agreed timeframe and according to established standards.
- Operational , Unit, and Individual Work plans are completed to standard and within the specified timeframe.
- Audit field work reviewed and monitored in keeping with audit plan and
standards. Working papers are completed in accordance with established standards and agreed timeframe. - Audited financial statements meet the quality control guidelines and completed within agreed timeframe.
- Reports, queries, training material and correspondences are prepared in accordance with established standards and agreed timeframe.
- Audits are completed in accordance with agreed standards and timeframe.
REQUIRED COMPETENCIES
- Expert knowledge of international accounting and auditing standards (such as IFRS, IPSAS, ISA/ISSAI etc.).
- Excellent written and oral communication skills.
- Strong leadership skills.
- Good Planning and organization skills.
- Good problem-solving, decision making and analytical skills.
- Good interpersonal skills.
MINIMUM REQUIRED EDUCATION AND EXPERIENCE
- Professional accounting designation such as: Association of Chartered Certified Accountants (ACCA), Certified Public Accountant (CPA), or a
- Master’s Degree in Accounting or related field from a recognized University.
5-10 years auditing experience in private or public sector at a supervisory/management level. - Proficiency in the use of basic Information and Communication
- Technology (ICT) tools, such as Microsoft Office suite, is essential.
- Experience using CaseWare Working Papers would be an asset.
SPECIAL CONDITIONS ASSOCIATED WITH THE JOB
- Typical office environment but may be occasionally exposed to adverse working conditions.
- Occasionally required to travel island wide.
AUTHORITY
- Recommends audit policies and procedures.
- Signs off on Audit working papers.
- Signs audit reports.
- Determines audit actions.
- Recommends the revision or implementation of internal controls.
- Recommends leave, disciplinary and promotion of Direct Reports according to established human resource policies.
The ideal candidates will, in addition to the required academic qualifications and experience, possess good leadership & management qualities (for senior positions), a high level of professionalism and technical expertise in their chosen area. Also strong investigative skills, clear understanding of the principles, practices and standards of auditing in the related field and a track record of consistently producing high-quality reports and achieving high quality performance levels. Knowledge and experience in using Auditing Tools like TeamMate and Caseware would be an asset to candidates selected for the jobs in auditing.
Interested persons are asked to submit their letters of application along with a detailed résumé by Friday, October 15, 2021 to the:
Actg. Senior Director, Human Resource & Administration
Auditor General’s Department
40 Knutsford Boulevard
Kingston 5
