1. Planning (10%)

• Participate in developing and preparing the Annual Audit Plan that outlines the activities to be undertaken by the Internal Audit Department during the year.
• Develop Audit Engagement Plan

2. Audit (60%)

• Perform Audit work in accordance with the approved audit manual and professional standards.
• Carry out the procedures outlined in the internal audit program under the supervision of supervisor.
• Carry out independent assessment of the application and compliance with the established company policies, procedures and regulations.
• Review, appraise and advise accordingly the soundness, adequacy and efficiency of accounting, financial, business operations process, MIS, HR and other internal controls and detect irregularities and illegal acts.
• Perform operational reviews and appraisals on the cost effectiveness and efficiency with which company resources are employed in all MFI business processes.
• Review and advise degree of compliance of MFI business to its internal policy and procedures as well as VFI policies.
• Perform audit of the MFI assets to ascertain that they are properly recorded and safeguarded from theft, fraud, and misappropriation.
• Perform audits of the MFI’s liabilities and ascertain that they are accurate and genuine.
• Provide investigative services, as the need arises, and if possible, recommend changes on policies and procedures arising from the case(s) investigated in order to strengthen the MFI’s control management system.
• Carry out sampling tests for examination.
• Perform client visits during audit.
• Clarify all audit findings with auditees during the process of audit fieldwork to minimize discussion time in the exit conference.

3. Reporting (25%)

• Submit a written audit report to supervisor ensuring sufficiency of audit coverage.
• Discuss the results of his audit with the respective unit/branch/department managers and advise on appropriate actions to improve conditions.
• Maintain adequate records of reports submitted and monitor whether actions to rectify the reported findings acknowledged are undertaken promptly.
• Review corrective actions and follow-up reports or management responses to the audit recommendations and follow-up with related branch or head office to clear responses as may be assigned.

4. 5%

• Other duties as assigned.

Knowledge, Skills and Abilities

• University degree in accounting, finance or business administration, ACCA/CIMA
• Computer skills, Microsoft office applications
• Must have good oral and written communication skills.

Preferred Skills, Knowledge and Experience:

• Knowledge of local business community
• Planning skills, time management
• Detail oriented

Work Environment:

• The position requires ability and willingness to travel within the country up to 70% of the time.

CORE CAPABILITIES

• Demonstrates and communicates a culture of compliance and integrity

Thinking Capabilities:

• Able to identify critical risk areas
• Able to use new tools and improve audit activity

Self-Managing Capabilities:

• Demonstrate Christ centered values in work and life
• Continually adding best audit practice to the institution

Relational Capabilities:

• Able to communicate and relate to different groups effectively
• Able to act independently, but also to add value to management in its development of controls and managing of risk.