The Governing Council of Kumasi Technical University is inviting applications for the position of Director of Internal Audit. The university seeks a highly qualified individual to fill this vital role.
About the University
Kumasi Technical University has a rich history, starting in 1954 as Kumasi Technical Institute (KTI) offering craft courses. It transitioned in 1963 to a non-tertiary polytechnic under the Ghana Education Service, providing technician, diploma, and sub-professional courses. In 1992, it was upgraded to a tertiary polytechnic by the Polytechnics Law 1992, PNDCL 321, to offer Higher National Diploma (HND) programs awarded by the National Board for Professional and Technician Examinations (NABPTEX). The Polytechnics Act 2007, Act 745, empowered the institution to award degrees and other certificates accredited by the National Accreditation Board (NAB). The Technical Universities Act 2016, Act 922, further transformed it into a technical university, offering higher education in engineering, applied sciences, applied arts, technology-based disciplines, and vocational training. The university aims to become a world-class institution dedicated to science, technology, and entrepreneurship education, boasting a staff strength of about 640 and a student population exceeding 13,000.
The Position and Responsibilities
The Director of Internal Audit is a high-level independent corporate executive responsible for overseeing the university’s internal audit functions. This individual must understand the university’s risks, goals, policies, and processes comprehensively. Reporting administratively to the Vice-Chancellor, the Director will submit audit reports to the University Audit Committee, the Director-General of the Internal Audit Agency (IAA), and the Auditor General.
Key responsibilities include:
- Assessing the reliability and adequacy of accounting, financial, and operational controls.
- Evaluating university procedures to ensure they align with objectives and goals.
- Monitoring compliance with relevant laws and regulations.
- Ensuring adherence to established policies, plans, and procedures.
- Appraising performance quality of assigned responsibilities.
- Safeguarding assets against losses and ensuring reliable records for decision-making.
- Highlighting system deficiencies and recommending remedies.
- Conducting special reviews to minimize weaknesses in accounting and internal control systems.
Qualifications and Experience
The ideal candidate must be a Chartered Accountant with a Master’s degree in a relevant field and have at least twelve years of post-professional accountancy/auditing experience or served as a Deputy Director of Internal Audit in a university or similar institution for at least six years. The candidate should be computer literate, familiar with accounting/auditing software, analytical, innovative, and possess excellent communication, interpersonal, and supervisory skills.
Terms of Appointment
The appointment is for a term of four years, to be completed before the statutory retirement age of sixty. There is a possibility of re-appointment for another four years, provided no part of the second term exceeds the compulsory retirement age. The terms and conditions will be determined by the university’s Governing Council per the Technical Universities Act 2016, Act 922, and the university statutes. The salary and conditions of service are competitive with those of analogous public universities in Ghana.
Application Process
Interested applicants should submit six copies of their application letter, curriculum vitae, names and addresses of three referees, and a vision statement of no more than four pages (Times New Roman, size 12, 1.5-line spacing). Applications must be hand-delivered in a sealed envelope to the Registrar or sent by registered mail to:
The Chairman
Search Committee for Director of Internal Audit
c/o Office of the Registrar
Kumasi Technical University
P. O. Box 854
Kumasi
The deadline for submission is Friday, 19th July 2024.