Chief Internal Auditor – Ceylon Electricity Board

Ceylon Electricity Board is looking for a talented and dynamic individual to lead the Internal Audit Team as Chief Internal Auditor (CIA) who reports to the Chairman of CEB and is required to maintain objectivity and independence in the discharge of his / her duties. Applications are invited from the Citizens of Sri Lanka for the Post of Chief Internal Auditor of CEB on a Permanent Basis, having the following qualifications and experience.

Qualification and Experience:

• Full Professional qualifications in Accountancy having Fellow Membership of the Institute of Chartered Accountants of Sri Lanka with more than 15 years of post-qualifying experience in a Government, Corporate, Board or reputed private sector Institution having an Annual Turnover of LKR 500 million over. The post-qualifying experience needs to be at an executive level out of which at least 05 years of experience as a Chief Internal Auditor or Head of Internal Audit or embrace a Senior management position in an Internal Audit Department at a top managerial level or hold a Senior Auditor position in a reputed audit firm. 
• A Postgraduate Degree Qualification (Master’) in the relevant field will be an added qualification. 

Key Responsibilities:

• Formulate internal audit programs, in order that all aspects of transactions are audited. 
• Design and develop scope and internal audit tools for appropriate audit steps. 
• Review compliance with established Policies & Procedures and appraise consistency and reliability of information. 
• Identify control and process weaknesses, document issues and provide evidential support for report recommendations. 
• Present reports, results and recommendations to the Audit Committee, Chairman and the Board 
• Liaise with the relevant authorities in order that audit functions can be carried out efficiently and effectively with minimum duplication of efforts.
• Prepare and present Audit reports to the Chairman and the Board of Directors highlighting the Audit findings, concerns, recommendations and improvements. CIA should be able to carry out Ad-hoc Investigations at the request of the General Manager, Chairman, Audit Committee and the Board.

Salary Scale:

• Sspl. Rs.341,625 – 10 x 12,140 - 463,025/-

Age Limit:

• Applicants should not be more than 45 years of age. This age limit will not be applicable to those who are in State service/Statutory Boards including CEB /Corporations, and they are required to forward their applications through the respective Heads of Institutions.

Other Benefits:

• Those who are selected will be entitled to an Employee Provident Fund (EPF) with an Employee’s Contribution of 10% and CEB Contribution of 15%. 
• Employees’ Trust Fund (ETF) Contribution of 3% by the CEB. 
• Applicable other CEB benefits including allocated vehicle for official use.