CHIEF INTERNAL AUDITOR AT STAMICO

CHIEF INTERNAL AUDITOR

8.1 Principal duties and responsibilities

• Heads the Internal Audit Unit;

• Reviews compliance with corporate governance regularities and management of risks;
• Recommends an efficient and effective internal auditing systems and procedures for the Corporation;
• Reviews all policies regulations and procedures and advises the Corporation accordingly;

• Conducts reviews on corporate compliance to the business plan;

• Provides replies to audit quarries to External Auditors;

• Examines and reviews financial statements and internal audit reports;

• Takes steps to detect deliberate distortion of financial information;

• Conducts internal audits of the Corporation and assess degree of adherence to the agreed programs policies and regulations;

• Appraises operational and financial policies and regulations with a view of strengthening the internal control system to safeguard the assets and liabilities of the Corporation;

• Prepares and implements audit plans;

• Reviews and reports on the reactions by the management to internal audit reports and assists management in the implementation and follow up on the implementation of the recommendations made by Controller and Auditor General;

• Conducts performance audits on development projects;

• Prepares and circulates periodic fact sheets on Internal Auditing, Information of general and specific interest to the Corporation;
• Reviews audit papers to ensure adequate audit coverage;

• Develops individual objectives/targets and performance standards as part of the individual performance agreement in consultation with the immediate superior;

• Conducts open performance review and appraisal of subordinates and gives feed back; and
• Performs any other duties as may be directed by the immediate Supervisor.

8.2 Professional Qualifications and Experience

Holders of MBA and CPA (T) from a recognized Institute with 8 years working experience 4 of which should have been in a senior position. Must be registered as Authorized Auditor with National Board of Accountants and Auditors (NBAA). Well versed with International Financial Reporting Standards (IFRS).

8.3 Competence among others are:-

• Computer literacy is essential;

• Ability to communicate with excellent writing skills;

• Ability to supervise and direct multifunctional professionals; and

• Strong working knowledge of computer programs mainly Microsoft word, Excel, and Accounting Package’s.

8.4 Remuneration

According to STAMICO schemes of service in the salary scale of STAMICO - Salary Scale SMC 9.

General Conditions for all Candidates
(1) Preference will be given to those with experience in the mining industry;

(2) Candidates should submit a hand written application accompanied by the following:

(i) Detailed C.V with three referees who can be contacted;
(ii) Copies of relevant certificates to support qualifications;
(iii) Two recent passport size photographs; and
(iv) Reliable working telephone and e-mail address.

(3) Employed applicants should channel their application through their current employer.

(4) All applications should be addressed to the following physical address:

Director General,

STATE MINING CORPORATION

Plot No. 417/418 – United Nations Road, Upanga P.O. Box 4958,

DAR ES SALAAM

(5) Sealed envelope should indicate position applied.

(6) Closing date for receiving applications will be Monday 28th
October, 2013 at 4:00 p.m.
(7) Shortlisted applicants will be invited for interview through their addresses and those who will not be contacted should consider themselves unsuccessful.

General Conditions for all Candidates

(1) Candidates should submit a hand written application accompanied by the following:

(i) Detailed C.V with three referees who can be contacted;
(ii) Copies of relevant certificates to support qualifications;
(iii) Two recent passport size photographs; and
(iv) Reliable working telephone and e-mail address.

(2) Employed applicants should channel their application through their current employer.

(3) Age Limit: All applicants must be less than 54 years old at the date of application.


(4) All posts have a five years contract renewable on mutual agreement.

(5) All applications should be addressed to the following physical address:

Chairman,

STAMICO Board of Directors, STATE MINING CORPORATION

Plot No. 417/418 – United Nations Road, Upanga P.O. Box 4958,

DAR ES SALAAM

(6) Applicant’s envelope should indicate position applied.

(7) Closing date for receiving applications will be Monday 28th October, 2013 at 3:30 p.m.

(8) Shortlisted applicants will be invited for interview through their addresses and those who will not be contacted should consider themselves unsuccessful.