About the Job

VF MFI is seeking to hire Chief Internal Auditor to be based in Addis Ababa. She/he/will be responsible to provide overall leadership and direction for the strategic implementation of a comprehensive program of Risk Based Internal Audit for ensuring internal audit requirements are fulfilled in accordance with Internal Audit Manual, Internal Audit Procedures, external legislation, and regulatory policies.

Tasks and responsibilities:

• Provide overall leadership in the execution of the annual Risk Based Internal Audit (RBIA) plan ensuring conformance with International Standard of Audit and the Institute of Internal Auditors Professional Practices Framework and Code of Ethics for every engagement conducted in collaboration with business owners/stakeholders.
• Develop and submits for approval to the Board Audit Committee (BAC) annual audit plan that outlines the activities to be undertaken by the Internal Audit Department during the year.
• Perform testing or ensure testing done by Internal Auditors is as per required standards and latest Audit Program.
• Discuss the results of audits with respective units/branch/department managers and give advice on appropriate actions to improve controls.
• Ensure all audit testing is adequately documented and BA achieved as required by local regulatory authorities and the MFI.
• Review and update Audit Programs and the Audit Manual when there are changes to products, processes, regulations or systems.
• Submits written summary of reports to the BAC before every scheduled Board meeting;
• Tracks the status of issues/corrective actions arising from audit reports and provides updates to Management and BAC;
• Informs all concerned staff on changes in internal control and audit policies and procedures.
• Trains less experienced auditors to meet IAD audit standards;
• Ensures all members of IAD complete the required number of CPE hours every year.
• Assists in the execution of external audits as well as examination to be conducted by government regulatory agencies and other stakeholder/raters;
• Promptly investigates any fraud incidents escalated by management, staff, BAC or through Whistle Blowing channel;
• Monitors implementation of issues raised by the external auditor’s management letters and Regulatory reviews.
• Tracks performance against the budget and ensures that the budget is not exceeded.
• Build strong working relationships with the CEO and Senior Management team of the MFI;
• Build strong relationship and demonstrate leadership skills with IA team;
• Coordinate with strategic leadership team any and all partnership standards pertaining to Internal Audit and other related Partnership initiatives and provide appropriate technical advice and viable recommendations for input to CEO and BAC as basis for decision making.
• Build strong relationships with BAC, external regulators/auditors.

Job Requirement

• University degree in accountancy or business administration
• Professional Certification as a Public Accountant (CPA) or an Internal Auditor (CIA) is a must.
• Other preferred Certifications: ACCA, CA, CISA, CFE or CRM
• Master’s degree in Business Management and /or Finance or other related degree in Financial Management is a plus factor
• Experience in Risk Based Audit
• Excellent proficiency in the use of all Microsoft office applications especially Excel
• Capability and willingness to take responsibility
• Determined personality with initiative, perseverance and the ability to motivate and manage the team
• Minimum of 10 years audit experience in banking supervision and/or microfinance (with a minimum of 4 years demonstrated strong leadership experience in planning, supervision and management of an internal audit department is a must;
• Experience advising senior management and reporting to BACs on risk management and monitoring a must;
• Capability and willingness to take responsibility and highly developed sense of integrity,
• Be proficient in Microsoft and excellent excel spreadsheet skills,
• Excellent interpersonal, communication (for both internal and external situations.) and very good marketing skills,
• High level of customer service and strong willingness to go out to the field.

How to Apply

Closing Date: 10 (Ten) calendar days from the first date of this announcement

Women applicants are highly encouraged to apply

Candidates who fulfill the above requirements can send the application letter, updated curriculum vitae with names and addresses of up to 3 references and non-returnable copies of credentials to VFE_vacancy@wvi.org or in person to VF MFI SC Head Office located Gerji Mebrat Haile infront of Mulmul Dabo or P.O.Box 31478

Note: –  Only short listed candidates will be contacted for subsequent assessment