Planning and Development Department ETI Gilgit-Baltistan Job

 Planning and Development Department ETI Gilgit-Baltistan  Announced a position. Last date of Application submission is 28-August-2024

Planning and Development Department ETI Gilgit-Baltistan Job

 Planning and Development Department ETI Gilgit-Baltistan Job

 Planning and Development Department ETI Gilgit-Baltistan Job

 Latest Planning and Development Department ETI Gilgit-Baltistan Job

The Government of Gilgit-Baltistan Planning and Development Department has recently issued a Request for Expression of Interest (REOI) aimed at hiring a highly qualified and experienced Internal Auditor for the Economic Transformation Initiative in Gilgit-Baltistan (ETI-GB). This strategic move underscores the government's commitment to ensuring transparency, accountability, and effectiveness in the implementation of this crucial initiative, which is pivotal for the economic upliftment of the region. The initiative is co-financed by the International Fund for Agricultural Development (IFAD) and the Italian Cooperation (AICS), and it is designed to drive sustainable economic growth in Gilgit-Baltistan by fostering policy reforms and making targeted investments in community institutions.

Background of the Economic Transformation Initiative

The Economic Transformation Initiative (ETI) in Gilgit-Baltistan is a comprehensive development program with a budget of USD 120 million, initiated in April 2015. The project aims to address the socio-economic challenges faced by the people of Gilgit-Baltistan by enhancing agricultural productivity, improving market access, and fostering community-driven development. The project, which initially had a completion date of September 2022, received a three-year no-cost extension approved in August 2022, extending the project period up to September 2025. This extension allows for the further operationalization of Italian co-financing and the realization of benefits linked to policy reforms and consolidated investments in community institutions.

Scope of Work for the Internal Auditor

The Internal Auditor hired through this process will play a critical role in the success of the Planning and Development Department ETI Gilgit-Baltistan. The auditor will report directly to the Additional Chief Secretary (Dev) of Gilgit-Baltistan, ensuring that the financial management and internal controls of the ETI-GB are robust, transparent, and in alignment with international standards.

The scope of work for the Internal Auditor includes conducting a comprehensive review of the financial systems and internal controls in place at the ETI-GB. The auditor will be responsible for identifying any weaknesses or areas of concern and providing recommendations for improvement. The auditor's work will also involve ensuring compliance with all relevant financial regulations and guidelines, both local and international. This role is critical in maintaining the integrity of the financial operations within the Planning and Development Department ETI Gilgit-Baltistan and ensuring that the funds allocated for the initiative are used efficiently and effectively.

Eligibility Criteria

The Planning and Development Department ETI Gilgit-Baltistan has set forth stringent eligibility criteria for the position of Internal Auditor to ensure that only the most qualified individuals are considered. The mandatory criteria include:

• Professional Qualifications: Candidates must hold a certification as a Chartered Accountant (CA), Certified Public Accountant (CPA), ACCA, or ACMA (qualified/part qualified). Alternatively, candidates with an MBA in Finance, M. Com, or a Master's in Management (with a focus on Accounting, Auditing, Finance, Taxation, or related fields) are also eligible to apply.

• Relevant Certification: Candidates must have professional certification in audit/internal audit/accountancy or risk (qualified/part qualified), ensuring they have the specialized knowledge required for this critical role.

• Experience: A minimum of five (5) years of experience at a management level in a similar organization's internal control/audit function is required. This experience is crucial for handling the complexities of auditing within a large, multi-faceted project like the ETI-GB.

• Demonstrated Competence: Candidates must have a proven track record of working with various Executive Committees in both private and public institutions. This experience is vital for navigating the unique challenges that come with auditing a government-led initiative.

• Communication and Analytical Skills: The role demands excellent communication skills, both written and verbal, along with strong analytical abilities. These skills are essential for effectively conveying audit findings and recommendations.

• Age Limit: The maximum age limit for candidates is 50 years, ensuring that the selected individual is experienced yet able to commit to the rigorous demands of the role.

Submission of Application

Individuals interested in applying for this critical role within the Planning and Development Department ETI Gilgit-Baltistan are required to submit their Expressions of Interest (EOIs). The EOIs should be in the form of a detailed curriculum vitae (CV) and must be delivered in person to the address provided in the official notice. The deadline for submission is August 28, 2024, at 12:00 PM noon. Submissions received after this time will not be considered. It is essential that the EOIs are clearly marked "EOI for Internal Auditor" to ensure proper processing.

The EOIs will be opened on August 28, 2024, at 12:30 PM in Hall 2 of ETI-GB by the Programme Procurement Committee, which will be responsible for reviewing the applications and selecting the most suitable candidate.

Conclusion

The Planning and Development Department ETI Gilgit-Baltistan is committed to ensuring the success of the Economic Transformation Initiative through rigorous financial oversight and transparent audit processes. The hiring of a qualified Internal Auditor is a crucial step in this direction, ensuring that the resources allocated for the project are managed efficiently and effectively, thereby contributing to the long-term economic growth and development of the Gilgit-Baltistan region. Interested candidates are encouraged to apply by the stipulated deadline to be considered for this vital role in a transformative initiative.

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