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OPERATIONS AUDIT MANAGER
Reports to:
the Director of Internal Audit
Department:
Internal Audit
Age Limit: 45
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Education&experience
- Bachelor ‘s Degree in Business, management, Finance or Economics
- Having CPA / ACCA qualification
- Desirable: Master’s Degree in Finance or MBA, CISA
- Experience:3 years’ experience in auditing at managerial level or 5-year experience in auditing at other senior levels
Skills&knowledge
- Advanced computer skills- MS Office, excel, SQL Server
- Thorough knowledge of financial services/Micro finance industry policies and industry development
- Thorough knowledge of financial and regulatory requirements as relates to Financial institutions
- Accounting principles and procedures including International Accounting standards and auditing standards and best practice from relevant institutions such as Rwanda Accountants Institute guidelines
- Up to date knowledge of internal audit issues and trend especially risk based internal audit
- Good knowledge of the organization;
- Leadership capabilities
- Sound judgement and decision making ability
- Good knowledge of the organization;
- Strong Analytical skills;
- Report writing and presentation skills.
- Advanced communication skills
- Investigation and probing skills
- Knowledge of relevant laws including the Companies Act
- Broad knowledge of industry and operations
Key responsibilities
- Working under the supervision of the HOD, participate in developing policy, procedure and systems for the department, including documentation where necessary, revise operations, accounting, procurement, HR and MIS manuals in order to ensure adherence to Sacco policy, statutory requirements and reporting requirements
- Assist the Director to develop and implement a risk based annual audit plan to ensure that the organization complies with financial and statutory regulations and standards
- Direct and control supervised internal audit staff to ensure that they are appropriately motivated and trained and carry out their responsibilities to the required standards.
- Work with Finance and ICT, Business development and operations. Credit administration, HR, Legal and Administration departments in reviewing systems and establishing appropriate controls and procedures where they may not exist
- Establish a process for controlling transactions and processes to ensure that these comply with policy, statutory and reporting requirements
- Carry out regular, periodic or surprise audit of all processes, policies and procedures, ensuring that they comply with statutory requirements and best practices
- Regularly audit Sacco’s records and transactions and evolve scrutiny methodology that ensures compliance and sets standards to be adhered to for such from time to time
- Carry out ad hoc audit reviews to investigate any areas identified by management.
- Prepare internal audit and quality assurance reports and present those to the Supervisory Committee clearly indicating how these fit into the overall business/Sacco strategy, highlight weaknesses areas and ensure implementation of any actions/recommendation agreed.
- Maintain a working relationship with external auditors to ensure that they have all the information they might require.
- Keep abreast with latest developments in the finance, banking, audit and accounting fields with a view to enhancing internal audit function as a key contributor to Sacco strategy.
- Performing any other duty as may be assigned by the Supervisor.
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- Audit system compatible with organization’s growth.
- Adherence to internal controls across the organization.
- Timely and accurate audit reports
- Risk report with proposed action plan
- Report on productivity and efficiency with recommendation on areas of cost savings and improvements.
- Quarterly reports on quantifiable/verifiable achievements.
- Assist in internal audit, risk management, assurance, quality control, and standardization of the functions of the organization, evolving and developing processes to ensure adherence to policy, prudent reporting requirements, cost management and internal controls
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