Internal Audit Officer at First Ally

Job Role -

First Ally Trust Microfinance Bank Internal Audit Officer functioning as an independent and objective body that reviews and evaluates compliance with external regulations and guidelines as well as internal policies.

Duties and responsibilities 

• Perform audit tests and evaluate the adequacy of process design and the effectiveness of control system 
• Propose practical recommendations to address control weaknesses and/or process inefficiencies 
• Prepares audit reports/memorandums to proffer recommendations to the Head of audit  
• Assists in the development of the annual Internal Audit plan 
• Safeguards corporate assets s by ensuring that appropriate and effective internal controls are in place 
• Conducts investigations of suspected internal fraud 
• Collect, co-ordinate and disseminate material for the quarterly Audit Committee meeting 
• Performing the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations 
• Act as an objective source of independent advice for the achievement of the corporate objective 
• Conduct follow up audits to monitor management’s interventions 
• Performs audit work, including plan preparation, workpapers, finding, and associated reports; verifies the accuracy of financial records as they pertain to assets, liabilities, receipts, expenditures, and related transactions. 
• Keeps abreast current developments and changes in external regulations as applicable. 
• Implements the anti-fraud campaign and assess compliance 
• Performs any other responsibility assigned by Management 

Qualifications 

• HND/BSc/ in Banking and finance, accounting, or any other related field.

Skills 

• Excellent verbal and written communication skills