Internal Auditor Agora Microfinance Zambia

Job Overview

To assist in the provision of independent and objective audits and to ensure that all staff adhere to external regulations, internal policies, procedures and best practices within the organization.

Responsibilities

• To conduct inspections of Branches and Head Office functions according to set plan and schedules and submit reports to the Internal Audit Manager.
• Inspect business operations and financial transactions and ensure that all accounts are booked in accordance with the approved system of accounts and point out transactions that do not conform to the banking regulations and organization policies and procedures for the attention of the Internal Audit Manager.
• Conduct Head Office and Branch audits to ensure that all company system policies and procedures are being complied with and make appropriate recommendations.
• Confirm account balances with clients by investigating accounts with material difference in balance.
• Perform proper incident analysis and ensure that all open findings/agreed action plans from previous inspections and audit exceptions are timely closed with zero repeat findings.
• To assist other departments in developing risk registers and monitoring risks.
• To carry out investigations into allegations of fraud within the organization.
• Review loan application and appraisal reports, loan approval, cash flow analysis and loan utilization reports.
• Verify agreement in amount of loan approved with actual disbursed.
• Reconcile Head Office accounts with branch accounts, especially cash in vault.
• Reconcile advances/transfers to and from Head Office account and inter branch transfers from vault to depository bank.
• To provide training and support to staff within the organization.
• Carry out any other duties that may be assigned by supervisor.

MINIMUM QUALIFICATION AND EXPERIENCE

• Accounts or Business Diploma, ACCA/CIMA/CA (Z) Level II or equivalent.
• Some work experience in an audit firm or financial institution will be an added advantage.
• Average knowledge of the operational environment, appreciates and exhibit audit ethics.
• General knowledge of the banking and microfinance work environment.
• Knowledge of policy and procedure within the job environment.
• Ability to ride a motorbike will be an added advantage.

SKILLS

• Good inter-personal and communication skills.
• Analytical, organizational and leadership skills.
• Excellent report writing and oral presentation skills.