Corporate Audit Manager

Job Description
FINCA Limited (Malawi), a subsidiary of FINCA Impact Finance (FIF), is a deposit taking micro finance institution in Malawi operating through 22 service outlets serving borrowers and savers in rural, urban, and peri-urban areas in Malawi.

FINCA is increasing access to its services and products through alternate channels. To strengthen our team and prepare the institution for the challenges ahead, FINCA Malawi is looking for interested qualified persons for the below listed positions:-

Position: CORPORATE AUDIT MANAGER

Summary

The Corporate Audit Manager (CAM) performs professional internal auditing work, which involves managing, or conducting performance, operational, financial, IT and compliance audit assignments in the subsidiary, and the Region; in coordination with the Divisional Audit Director and other CAMs, he/she ensures that the subsidiary audit plan is executed; he/she provides consulting services to the subsidiary management and staff. She/he provides input to development of the annual internal audit plan, all with emphasis on a risk-based approach designed to assist management in the attainment of their objectives. She/he provides supervision to internal auditing staff. She/he maintains all organizational and professional ethical standards and ensures internal audit activities are carried out in compliance with The IIA’s International Standards for the Professional Practice of Internal Auditing (Standards).

Specific duties include, but are not limited to:

Oversee the execution of the internal Audit plan for FINCA Limited (Malawi) and ensure that planned audits are completed on time. Anticipate planning issues and is proactive in resolving planning conflicts, delays or ad hoc requests in coordination with the Divisional Audit Director.
Participate in audit assignments under the supervision of another CAM or Divisional Audit Director in cases of cross-country engagements.
Is responsible for the overall and on-going communication with the Audit Committee and the management board of FM
Communicates the results of audit and consulting projects, analysis, trends and any relevant information via written reports and/or oral presentations on a timely basis, according to planned reporting schedule or as required/necessary to the subsidiary management and audit committee
Develop ad hoc and creative communication with the FM management in order to support management in the realization of their objective and to help the internal audit department as a whole in maintaining permanent knowledge of local issues, topics and relevant information.
Develops and maintains productive team-oriented client, staff, and management relationships through individual contacts and group meetings. Help maintain an image of the internal audit activity which is one of positively contributing to the FINCA mission and goals.
Participate to on-going networking with the other internal auditors in the regions and across the network
Manages internal audit staff and the planning, organizing, directing, and monitoring of internal audit operations, including hiring, training, evaluating staff, determining compensation and taking effective actions to address performance matters.
Assist in the identification and evaluation of the organization’s audit risk areas and provides input to the development of a risk-based annual internal audit plan.
To review the implementation of customer service requirements as specified in the goals and key deliverables of FM Management team during the audit process and communicate any gaps in the Audit report as an audit exception to Board and Management for further Action
Participate in projects for the internal audit group regionally or globally as assigned by the Regional Corporate Audit Manager or the Global Chief Auditor. She/he may be assigned functional leading responsibility for the entire internal audit group regional or globally.
Represents internal auditing on organizational project teams, at management and board meetings, and with external organizations.

Education and Experience:

Required

Bachelor’s Degree from an accredited college or university.
8 years of professional experience and 5 years of full-time experience in internal auditing, operations, accounting, business analysis, or program evaluation, including 2 years supervisory or project management experience.

Added Advantage

A second certification/degree in a specialty field (e.g., IT, IT Auditing, fraud or fraud auditing, Accounting, Microfinance or Banking). This may substitute for one year of required experience.
Experience in Microfinance operations, or Banking or auditing in a supervising capacity.
Knowledge of control and risk self-assessment facilitation techniques.
Knowledge of the environment regulations, and laws.
Familiarity with the common indicators of fraud.

Highly desired

CIA and/or CFE. If not CIA or CFE, the candidate must be willing to become certified within 1 year.
CISA or CRMA will be an added advantage

Supervisory Responsibilities

FM Internal Audit team

Key Deliverables

Risk-Based Audits
Provision of reports to Management and Board

Key Relationships

Subsidiary staff, Management and Board
Division Audit Director, Global Chief Auditor

Travel

Availability to travel (50% of the time)

How to apply

Qualifying and interested persons should apply for the position through:

Email: [email protected]

Closing date for applications is Friday, 8th October, 2021.

For any questions or further information contact the Human Resources Manager on 01 822 256

Only short listed applicants will be acknowledged.

FINCA Impact Finance is an Equal Opportunity Employer.