About This Role
This internal auditor role involves planning and executing full audit cycles, evaluating internal controls, and ensuring compliance with policies and regulations. The position suits a professional with experience in financial record analysis and a commitment to maintaining professional competence in auditing practices.
Responsibilities
- Conduct the full audit cycle: Plan, execute, and manage the full audit cycle, including risk assessment, internal control evaluation, operational effectiveness, financial reliability, and compliance with applicable policies, directives, laws, and regulations
- Develop internal audit plans: Determine the scope of internal audits and prepare annual audit plans based on organizational priorities, operational risks, and internal control requirements
- Review and analyze financial records: Obtain, examine, analyze, and evaluate accounting records, financial statements, supporting documentation, previous audit reports, and other relevant records
- Prepare audit reports: Prepare and present comprehensive audit reports outlining audit findings, identified risks, irregularities, recommendations, and required corrective actions, while maintaining proper audit documentation
- Provide independent assurance and advice: Act as an objective and independent source of assurance and advice to promote the validity, legality, efficiency, and effectiveness of organizational operations and the achievement of institutional objectives
- Coordinate with management and audit teams: Maintain effective communication and coordination with management, the audit team, and relevant departments to ensure the timely completion of audit activities and resolution of audit issues
- Document audit findings: Prepare audit working papers, findings memoranda, and other relevant documentation to ensure transparency, accountability, and proper recordkeeping
- Conduct follow-up audits: Perform follow-up audits to assess the implementation of management's corrective actions and verify whether previously identified audit issues have been adequately resolved
- Maintain professional competence: Continuously update professional knowledge of applicable laws, regulations, microfinance policies, industry best practices, auditing tools, techniques, and performance standards
- Support the Accounts Department: Provide necessary support and guidance to the Accounts Department on accounting procedures, financial documentation, internal controls, and compliance-related matters, while maintaining the independence of the internal audit function
- Review branch-level financial operations: Conduct monthly reviews of branch-level internal control systems, financial transactions, books of accounts, and supporting documents to identify discrepancies, control weaknesses, and potential financial irregularities
Requirements
