Head, Internal Audit at Alert Microfinance Bank

Job Brief

• Head, Internal Audit at our organization is responsible to play a critical role of delivering our organization’s strategic objectives of control processes, adequacy and effectiveness of governance and management of risks, giving an evidence-based opinion on all aspects of governance, risk management, and internal audit.

Job Responsibilities

• Report periodically to the Managing Director and Board, on the internal control and audit activity’s purpose, authority, responsibility and performance relative to its plan
• Design and prepare Annual Audit Plan (AAP) by applying a risk-based approach to ensure the organization complies with internal regulations and policies and established protocols.
• Develop and maintain the internal control and audit procedures to ensure that best practice is taken account of and that the established controls audits address specific areas of risk management.
• Strengthen the bank’s Internal Control mechanism through in-depth recommendation
• Assess the suitability of current internal controls, making suggestions for improvements where needed.
• Prepare reports of audit findings and make recommendations to the Board of Directors and Management.
• Liaise with internal advisors and examines documentation, including reports, statements, records, and memos to gather information.
• Protect the confidentiality of records and information gained as part of exercising professional duties and use discretion in sharing such information with legal confines
• Analyze audit results for adequate and effective “corrective actions” for management to improve.
• Supervise fraud investigations involving customer accounts and recovery of fraud
• Develop controls to ensure safeguard of asset and their effective utilization
• Prepare and supervise audit mission, working paper formulations, report writing and anomalies/risk identification
• Any other duties and responsibilities which may be required to meet the objectives of Alert Microfinance Bank.

Requirements

• Candidates should possess a B.Sc or HND in Accounts and Finance related role.
• Minimum of 5 years of Cognate experience as Internal Audit Manager in a Microfinance Bank is a MUST.
• Chartered membership of a relevant professional association, e.g. ACA, ICAN, ACCA.
• Previous experience in Management and proficient use of banking software E.g BankOne
• Proficiency in Microsoft Office package, especially Excel and Word
• Strong communication, interpersonal and analytical skills
• Demonstrates ability to identify problems.

Skills:

• Ability to work under pressure, independently and with limited supervision flexibility
• Ability to work in a dynamic environment and to multi-task to meet deadlines
• Promotes team work, contributes towards building team consensus and acts as a team player
• Consistently approach work with energy and a positive, constructive attitude.