The Internal Auditor will be responsible for evaluating internal controls, risk management processes, and compliance with organizational policies and regulatory requirements. The role ensures accuracy, integrity, and efficiency across all financial and operational processes while providing recommendations for improvement. The ideal candidate should have strong experience in audit, financial analysis, and internal control systems.
Key Responsibilities
Audit Planning & Execution
Develop and implement annual internal audit plans.
Conduct risk assessments and identify areas requiring audit attention.
Perform operational, financial, and compliance audits across all departments.
Evaluate the effectiveness of internal controls and recommend corrective actions.
Financial & Operational Reviews
Review financial statements, loan documentation, branch operations, and credit processes.
Verify accuracy of financial records, transactions, and reporting.
Assess lending procedures, loan approvals, disbursements, and collections compliance.
Monitor adherence to regulatory and statutory requirements.
Reporting & Recommendations
Prepare detailed audit reports highlighting findings, risks, and recommendations.
Present audit results to senior management and follow up on corrective actions.
Track implementation of audit recommendations to ensure compliance.
Risk Management & Controls
Identify process gaps, fraud risks, and irregularities within operations.
Provide guidance on strengthening internal controls, fraud prevention, and cost efficiency.
Support management in enhancing risk management frameworks.
Compliance
Ensure compliance with internal policies, audit standards, and regulatory guidelines.
Conduct investigations where fraud or misconduct is suspected.
Ensure branches and teams adhere to credit policies, operational procedures, and reporting standards.
Qualifications & Experience
Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
CPA, ACCA, CIA, or relevant professional certification (mandatory or in progress).
Minimum 8 years’ auditing experience, preferably in audit and assurance, tax consultancy, financial advisory, and business consulting.
3 years and above in a senior management role.
Candidates MUST have demonstrated work experience in the microfinance industry or a Tier III bank.
Solid understanding of credit operations, lending processes, and internal control systems.
Experience in fraud detection, risk management, and compliance audit is an added advantage.
Key Skills & Competencies
Strong analytical and investigative skills.
Excellent report writing and presentation abilities.
High integrity, objectivity, and confidentiality.
Knowledge of audit tools, accounting systems, and MS Office.
Attention to detail and strong problem-solving skills.
Ability to work independently and travel to branches when required.
