Job Opportunity at Finca Microfinance Bank. IT Corporate Auditor,Senior Internal Control Officer

By | August 29, 2018
IT Corporate Auditor

Other Dar es Salaam District Dar Es Salaam
Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance process. Internal audit at FINCA provides assurance, consulting, advisory and fraud examination services to the organization. To that effect, the IT Corporate Auditor is responsible for performing individual IT audit projects, as part of the total internal audit plan. This responsibility includes developing IT audit scope, performing audit procedures, and preparing audit reports reflecting the results of the work performed. Work performed will include coverage of functional and operating units and focusing IT, financial and operational processes. Additionally, the IT Corporate Auditor performs follow-up on the status of outstanding internal audit issues. The position will also assist internal audit management with periodic reporting to the audit committee, development of the annual internal audit plan, and championing internal control and corporate governance concepts throughout the business.
IT Auditor will report directly to the Internal Audit Manager.
Essential dutiesinclude the following. Other duties may be assigned:
Participate in the preparation of the annual IT Audit programs in close collaboration with the Audit Manager.
Conduct IT audits in accordance to IT Governance practices and standards (e.g. COBIT, ITIL, ISO 27001).
Ensure conformity with laws, policies and regulations related to information systems security, data protection etc.
Prepare and report results and perform pre and post- implementation reviews of system implementations or enhancements.
Perform various other reviews of IT management policies and procedures such as change management, business continuity planning/ disaster recovery and information security (BCM / BCP /DR), to ensure that controls surrounding these processes are adequate.
Conduct IT audits including evaluating if security vulnerabilities are properly identified and mitigated.
Education and Experience
University Degree in Finance or Computer Science.
At least 3 years of experience in a similar role.
Recognized accounting/auditing/information system certifications (e.g. CISA).
Understanding of IT Risk & Digital Financial Services.
Knowledge of English language (written and verbal).
Skills, Knowledge and Abilities
Effective communication skills (oral and written), problem solving and decision making
Aptitude to exercise good judgment and focus on actions that deliver results
Capability to drive continuous improvement processes that enhance personal and department’s performance skills, be a quick learner and highly motivated, and works effectively as a team member
Ability to identify and address risks within moderately complex systems
Skill to handle multiple, concurrent assignment
Ethical conduct, integrity and objectivity in all circumstances
Project management and team leadership and training skills
Planning, organizational, and interpersonal skills to efficiently execute audits and build working relationships with customers and audit associates
Confidentiality and strict adherence to Business Conduct Manual
Willingness to travel
Commitment to personal development opportunities
Initiative to proactively discuss, start and complete administrative projects
Send your Application to
BagamoyoRoad, Plot No.34 / 8th Floor,
TAN House, Victoria Area
P.O Box 78783 – Dar Es Salaam
+255 (22) 2212200
Senior Internal Control Officer
Other Dar es Salaam District Dar Es Salaam
Reports To: Senior Internal Control Officer
The Internal Control Officer is responsible for identifying, analyzing, evaluating, recommending, reporting and constantly monitoring the implementation of approved controls and limits to ensuring compliance to policies and procedures in all head office departments and branches.
Essential duties and Responsibilities include the following. Other duties may be assigned by the Supervisor
1. Control activities.
a) Conduct Internal Control reviews to branches to a certain the level of compliance to policies and procedures governing Lending, Back Office Operations & Delivery Channel performance, Customer Accounts Management, Savings, Customer Service Level and General branch Administration; through:
Detect violations of controls at early stages to limiting damage to material amounts through ex ante and ex post monitoring;
Carry assessment to different operations in order to identify control gaps and make recommendations for preventive actions;
Conduct analysis on the reasons and circumstance that lead to fraud and provide recommendations on the changes needed to protect company from such incidents;
Report all noncompliance issues which can negatively affect the company operation and distort its image in the market;
Conduct offsite control review to identify warning signals/red frag that exposed the bank into loss
b) Conduct Internal Control review to Head Office departments and functions to a certain the level of compliance to approved policies and procedures governing decision making, approvals, payments and documentation on paper and core banking system information.
c) Conduct regular independent review on accounts proposed for written off before presented to Board of Directors for approval to ensure Compliance to write off process
2. Reporting
a) Draw risk matrices upon which frequency and duration of inspection can be based, conduct desk preparation for inspection and carry entry and exit meetings with the inspected unit to ensuring alignment of control activity;
b) Timely prepare and submit accurate internal control assessment reports within the approved assessment schedule.
c) Based on findings make adequate recommendations for improvement in the implementation of controls, policies and procedures.
d) Maintain all inspection records and continuously, monitor the implementation of recommended action plans. Monitor other action plans including that from management and other internal and external examiners.
e) Prepare monthly Internal control activities Report and submission to senior internal controls officer
3. Training;
a) Test the staffs knowledge on policies and procedures. Identify training needs for staff involved in process and properly recommend for process training.
b) Regularly conduct training to staff to address controls and minimize breach of policy and procedures.
c) During the control assessment, provide guidance and conduct coaching to staff in some of the areas of weakness that have been identified.
4. Policy Compliance
a) Identify areas for improvement in the policies, procedures and processes and make recommendations for changes. If appropriate participate in the annual policy review process.
b) Ensure strict compliance with Code of conduct and act as Ethics Officers while carries internal controls activities
Other responsibilities;
Ensures ad-hock control reviews are attended and feedback are produced to enhance control environment
Qualification and competence;
A University degree in Economics, Finance, Social or Natural Science, Business Studies with Accounting or Banking Option, Computer Science or Information Technology. Certification in Fraud Examination, Compliance, or Risk Management will be an added Advantage.
A good command in written and spoken English
Experience in working with either Micro-finance institution or Banking will be an added advantage
A sound knowledge of principles and practices of Micro finance, banking, and other deposit taking and or lending institutions.
Functional / Professional skills:
Outstanding interpersonal and communication skills;
Computer literacy and excellent report writing skills;
Financial reporting/analysis and interpretations skills
Strong analytical and organizational skills;
Able to handle multiple deadlines;
Able to train and mentor others;
Able to pay attention to small details;
Ability to work under minimum supervision with a proactive approach;
Good Judgment and decision making;
Ability to maintain high level of objectivity and confidentiality in work;
D.Work environment and travel requirement:
The Internal Control Officer position requires frequent traveling to the fields, branches and region offices for internal control assessments
Send your Application to
BagamoyoRoad, Plot No.34 / 8th Floor,
TAN House, Victoria Area
P.O Box 78783 – Dar Es Salaam
+255 (22) 2212200