Vacancy: Director of Internal Audit

Company Profile

The University

Koforidua Technical University was established by an Act of Parliament, Act 922 (2016) and amended by Act 974 (2018). The vision of the University is to be providers of standard science and technology education, a center of excellence In applied research and a reference point for solutions to community problems; the mission of the University is to provide tertiary level technical education through the development of career-focused skills in collaboration with industry; and the core values of the University are innovation, integrity, and impact. 

The university currently has a total student population of 8,000 students and a total staff population of 605. Other information about the University is accessible at its website: www.ktu.edu.gh

Job Description

The Governing Council of Koforidua Technical University (KTU) announces for the information of interested candidates, vacancy for the position of Director of Internal Audit of KTU and invites applications from qualified and competent persons for the position which becomes vacant on 1st August, 2019.

The Position/Functions of the Director of Internal Audit

The Office of the Director of Internal Audit is a top management position. The individual oversees the day-to-day activities of the Internal Audit Directorate and designs its activities to add value and improve the organisation's operations as a whole.

• Determining the reliability and adequacy of accounting and operational controls in the University; 


• Evaluating the procedures of the University to determine whether results are consistent with stated objectives and goals; 


• Monitoring reports and ensuring compliance with relevant laws and regulations, compliance with established policies, plans and procedures; 


• Appraising the quality of performance of those carrying out assigned responsibilities; 


• Assessing the extent to which assets are accounted for and safeguarded against losses; 


• Ensuring that reliable records form the basis for the preparation of appropriate financial and other data provided for decision-making; 


• Drawing the Vice-Chancellor's attention to deficiencies in the system, such as instances of duplicated functions, waste or other inefficiencies, and provide recommendations for remedies where necessary; 


• Carrying out special reviews of accounting and internal control systems with the view to minimising weaknesses. 


• Facilitating and conducting periodic risk-based internal auditing assignments in respect of strategic and business risks facing the University and providing assurances to Management on the effectiveness of the risk management process; 


• Conducting periodic examination of the accounts of Units with limited financial and operational autonomy; 


• Liaising with External Auditors and ensuring that appropriate action is taken on reported audit findings; 


• Submitting periodic audit reports on the activities of all Units to the Vice Chancellor and the University Council. 


• Discharging any other assignments that the Management of the University shall deem necessary. 

Terms of Appointment

• The Director of Internal Audit shall hold office for four (4) years on first appointment and may, upon application, be eligible for reappointment for a further term of up to four years, provided that no part of the second term enters the compulsory retirement age.


• Salary and fringe benefits attached to the position are attractive and will be specified in the letter of appointment.

Required Skills or Experience