Job Opportunities at Hope Payment Service Bank

JOB PURPOSE: 

The Head of Internal Audit is responsible for overseeing the internal audit function across the bank. This role involves ensuring the effectiveness of internal controls, risk management, and compliance with regulatory requirements. The Head will lead the internal audit team, develop audit strategies, and provide insights to senior management and the board.

KEY RESPONSIBILITIES

• Lead and manage the internal audit team, ensuring high performance and professional development while overseeing the execution of the annual audit plan, ensuring thorough coverage of all business units and operations.
• Identify and assess risks and recommend measures to mitigate them. Ensure that Ensure that Hope PSBank Bank complies with regulatory requirements and internal policies.
• Conduct audits of various departments, branches, and subsidiaries to ensure compliance and operational efficiency.
• Prepare and present detailed audit reports with findings, risks, and recommendations to senior management and the audit committee.
• Follow up on audit recommendations to ensure timely and effective implementation.
• Advise Executive management on risk exposure, control deficiencies, and compliance issues. Provide insights and recommendations to support strategic decision-making.
• Promote a culture of accountability, transparency, and continuous improvement within the organization.
• Mentor and develop the internal audit team, fostering a culture of excellence and continuous learning.
• Set clear performance goals and conduct regular evaluations.
• Provide training and development opportunities to enhance the skills and knowledge of audit staff.
• Develops and establishes a dynamic and comprehensive annual audit plan using an appropriate risk-based methodology inclusive of risks or control concerns identified by management and submits that plan to the Board Audit Committee for review and approval.
• Focus on the performance of the compliance program, carry out risk assessments and compliance reviews to ensure policies and procedures are being followed.
• Ensure that internal audit resources are appropriate, sufficient and effectively deployed to achieve the internal audit plan approved by the Board Audit Committee. 
• Investigates suspected fraudulent activities within the bank and notifies the MD/CEO and Board.
• Provide an annual holistic opinion on the effectiveness and adequacy of risk management, control, and governance to the Board.

EDUCATION/TRAINING PROGRAMS: 

• Minimum of a university degree in Accounting, Finance, Risk management or any other relevant discipline from a reputable institution. 
• An MBA or Master’s degree in Accounting, finance or risk management is an added advantage.
• Recognised professional accounting certification such as ICAN, ACCA, CPA or CIMA is mandatory.

SKILLS NECESSARY FOR JOB FUNCTION:

• Effective written and oral communication skills. 
• Strong Governance, risk, and control skills
• Investigative and forensic capabilities
• Business and Industry knowledge
• Strong data and numerical skills
• Good knowledge of operational efficiency
• Familiarity with Audit strategy and planning process improvement
• Understanding of business process improvement

EXPERIENCE: A Minimum of ten 8 years’ post-graduation experience in audit with 3 years in senior management.

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KEY RESPONSIBILITIES: 

Financial Reconciliation 

• Reconciles all bank accounts (e.g., nostro, suspense, Bank accounts and internal GLs). 
• Ensures prompt resolution of outstanding items. 
• Maintains accuracy of the trial balance and ledger accounts. 
• Manages general ledger integrity and financial reconciliations. 

Accounts Payable, Receivables and Expense Management 

• Processes vendor payments and staff reimbursements. 
• Monitors operating expenses and compliance with budget approvals. 
• Manages accruals and prepayments. 

Management Accounting / Performance Management  

• Produces management reports, dashboards, and variance analyses. 
• Supports budgeting, forecasting, and profitability analysis. 
• Monitors departmental and branch performance against KPIs. 

Financial Systems and Data Integrity/ Compliance Support 

• Oversees Accounting/Banking systems (e.g. Finacle, Finedge, SAP, DYNAMICS). 
• Ensure proper integration between core banking and finance systems. 
• Supports automation and data accuracy initiatives. 
• Reviews finance processes for compliance and internal control. 
• Supports audit readiness and remediation of finance-related audit findings. 
• Coordinates with the Internal Audit and Compliance Departments. 

Treasury Operations / Funds Management 

• Manages liquidity and daily cash flow. 
• Handles interbank placements, investments, and funding activities. 
• Coordinates with Treasury Department for accurate accounting entries. 

JOB GRADE: Deputy Manager 

EDUCATION/PROFESSIONAL CERTIFICATION: 

• Any Numerical courses e.g. Accounting, Finance, Economics, Engineering, Statistics, Mathematics etc  
• Professional certification: any of ACA, ACCA, CPA, CIMA 

 SKILLS NECESSARY FOR JOB FUNCTION: 

• High level of numeracy and analytical skills.  
• Possess a deep understanding of Financial Reporting, Reconciliation, Treasury management etc. 
• Strong proficiency with Excel; Intermediate working knowledge of Microsoft Office, Outlook, Word, PowerPoint 
• Attention to details and prioritization skills. 
• Broad and farsighted view of the unit, organization and its future. 
• Ability to analyze the forces at work in a situation, creative and innovative ability to assess the environment and the changes taking place.  
• Capacity to organize the members of a team efficiently to deliver desired results. 
• Ability to work under pressure and meet tight deadlines with high level of accuracy. 
• Excellent Presentation skill 

EXPERIENCE:

• Minimum of 10 years relevant experience Financial Services sector.