Organisation Summary

The Fijian Competition & Consumer Commission (FCCC) is an independent statutory body established under Section 7 of the FCCC Act 2010 that promotes effective competition and informed markets, encourages fair trading, protects consumers and businesses from restrictive practices, controls prices of regulated industries and other markets where competition is lessened or limited.

Purpose & Nature of Role

The Internal Auditor – Risk & Governance is responsible for overseeing and ensuring that FCCC adheres to legal, regulatory, and internal compliance standards. The role is crucial for ensuring good governance practices within the organization, which may involve risk management, corporate governance, and ensuring the organization's policies are in line with statutory requirements. Additionally, the Internal Auditor – Risk & Governance provides recommendations for FCCC’s strategic direction. While reporting to the Manager Audit, Risk & Governance the incumbent will be responsible for developing the FCCC’s corporate governance frameworks and provide recommendations for strengthening governance frameworks and the internal control system to guide FCCC in the strategic right direction and set industry benchmarks. The role provides assurance that the organization is well-managed, compliant, and operates in a way that is both ethical and sustainable, while aligning with FCCC’s strategic goals.

The operational focuses will be on:

• Governance Framework Implementation
• Investigation guidelines
• Regulatory Compliance & Legal Adherence
• Risk Management & Mitigation.
• Policy and procedure development & assistance
• Reliability and integrity of financial and operational information.
• Formulating Strategy & Concepts.

Key Results Areas (KRAs)

• Ensure that the organization complies with all relevant laws, regulations, and internal policies.
• Implement and maintain frameworks that enhance transparency, accountability, and ethical decision-making.
• Alignment of governance practices within the organization's strategic objectives, to ensures that long-term goals are considered in day-to-day decisions.
• Promote transparency in the organization's dealings, ensuring that your manager is kept informed of key governance matters.
• Oversee the development, enforcement, and periodic review of governance policies to ensure they remain relevant and are consistently followed.
• Reliability and integrity of financial and operational information.
• Safeguard of the company's assets.

Key Accountabilities

The Internal Auditor – Risk & Governance is accountable to the Board for professional and administrative work required to assist FCCC achieve its stated objectives in the Strategic Plan. The Internal Auditor – Risk & Governance will be responsible for overseeing and ensuring that FCCC adheres to legal, regulatory, and internal compliance standards or sound public sector practices as benchmarks. The Internal Auditor – Risk & Governance must:

• Ensure the organization complies with its internal governance code (e.g., external regulations, standards, manuals, and policies).
• Monitor compliance with regulatory and internal governance standards.
• Develop and implement internal governance frameworks and policies.
• Manage and review governance related policies and procedures to ensure they are current and effective.
• Collaborate with the compliance and risk teams to ensure governance practices align with the broader organizational strategy.
• Advise senior management and the board on governance best practices and compliance-related risks.
• Monitor changes in laws and regulations, and ensure they are incorporated into the organization's governance policies.
• Conduct internal audits focused on the effectiveness of governance structures and processes.
• Develop and execute the annual internal audit plan, focusing on key governance, financial, operational, and compliance risks.
• Assess the adequacy of internal controls, identify areas of risk, and make recommendations for improvement.
• Work with internal audit staff or external auditors to ensure timely and accurate audit results.
• Report audit findings and recommendations to the Manager Internal Audit, Risk & Governance.
• Monitor changes in regulatory requirements and assess the organization's readiness and responsiveness to these changes.
• Provide assurance that regulatory filings, submissions, and reports are accurate and timely.
• Identify governance-related risks, including risks associated with regulatory non-compliance, corporate governance deficiencies, and inadequate internal controls.
• Conduct risk-based audits focusing on high-risk areas and ensure that management has implemented appropriate risk mitigation strategies.

• Recommend improvements to risk management practices, particularly in relation to governance and regulatory compliance.
• Follow up on identified governance risks and audit findings to ensure corrective actions are properly implemented.
• Act as the liaison between internal audit, senior management, and regulatory bodies.
• Provide clear and transparent communication of audit findings, governance risks, and compliance issues to the Audit Committee and management.
• Collaborate with external auditors and regulators during inspections or reviews, ensuring they have access to relevant governance documentation and reports.
• Conduct governance and compliance training for key stakeholders, including board members, senior management, and employees.
• Raise awareness of governance risks, regulatory compliance requirements, and internal audit processes across the organization.
• Ensure all Occupational Health & Safety procedures are followed according to the Health and Safety at Work Act 1996 while carrying out hazardous work outside or within the office premises.
• Ensure all hazards concerning the area of work are highlighted prior to the Department Manager.
• Ensure Innovation and continuous improvement and business excellence strategies are implemented on a random basis to achieve the desired outcome of FCCC.
• May work for longer hours during audit periods to meet certain targets.
• FCCC's operations and ad-hoc work beyond the normal course of duties as and when assigned.
• Any other task assigned by your Department Manager.

Qualification

Applicants with Postgraduate Diploma or a Degree in Accounting, Corporate Governance, Financial Management, Law, or a related discipline, alone with a minimum of 3-5 years or more experience in audit, risk management, regulatory compliance, investigation, or governance related roles, are encouraged to apply. Candidates should possess professional competency and a sound knowledge of audit procedures, governance codes and practices. Applicants with membership in IIA, FICA and CPA would have an added advantage.

Knowledge and Experience

• 3-5 years' experience in similar role.
• Internal Audit Management
• Regulatory and Internal Reporting
• Experience in developing and implementing governance frameworks.
• Familiar with auditing standards, internal controls, risk management and compliance.
• Experience working with boards, senior executives, or in legal/governance advisory roles.
• Dynamic and Influential. • Audit automation and investigation techniques.
• Problem solving and Innovative.
• Strong communication and diplomacy skills are required to guide, influence, and convince others.
• Impact and credibility within all levels of FCCC operations and ability to deliver.
• Able to live up to FCCC Values.