Senior Internal Auditor at VisionFund International (VFI)

VisionFund International (VFI)

Senior Internal Auditor
Senior Internal Auditor at Vision Fund May 2024
VISIONFUND TANZANIA MICROFINANCE BANK LTD
VACANCIES
VisionFund Tanzania Microfinance Bank Ltd (VFT MFB)
formerly known as SEDA is a fast growing and reputable Micro Finance
Bank (MFB), has a loan book of more than TZs. 44 billion and more than
60,000 customer base, more that 5,000 of them being small holder
farmers. VFT-MFB is seeking to employ a dynamic and committed Tanzanian
young men & women who have passion for people’s economic development
to fill in the vacant position detailed here below;

Work reference no. 05/24
Position: Senior Internal Auditor
Reporting to: Head of Internal Audit and Investigation

Responsibility:
As
a Senior Internal Auditor, you will be reporting to the Head of
Internal Auditor and Investigation. The purpose of this role is to
support the Head of Internal Audit and Investigation in overseeing
internal operating controls, processes, and practices. You will be
responsible for managing a team of auditors, reviewing their work, and
providing guidance

Main tasks

• Participate in developing and preparing the annual audit plans,
  outlining the activities undertaken by the Internal Audit department
  during the year.
• Conduct audits of VFT assets to ensure proper
  recording and safeguarding from theft, fraud, and misappropriation.
  Perform audits of VFT liabilities to ensure accuracy and genuineness.
• Review
  and advise on the degree of compliance of VFT business to its internal
  policy and procedures as well as VFI policies and Regulatory
  requirements.
• Review, appraise, and advise on the soundness,
  adequacy, and efficiency of accounting, financial, business operations,
  MIS, P&C, and other internal controls. Detect irregularities and
  illegal acts.
• Carry out independent assessments of the
  application and compliance with established company policies,
  procedures, and regulations.
• Ensure all working papers are
  completed and in order, cross-referencing, date, work descriptions,
  clearance, and publish reports within set standards.
• Assist in the execution of external audits and examinations conducted by government regulatory agencies.
• Assist
  the Head of Internal Audit and Investigation in performing a monthly
  review of the capital adequacy and liquidity position of the bank.
  Conduct Bi-Weekly meetings with Internal Audit staff to discuss audit
  issues, regulatory matters, and emerging risks.
• Conduct procedures outlined in the Internal audit plan under the supervision of a supervisor.
• Maintain
  an educational program to continually develop skills and use technology
  to learn, share knowledge with team members, and enhance service
  delivery.
• Follow up on audit recommendations with management until closure.

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Education/Experience

• Bachelor’s Degree in Accounting, Finance, or business administration and CPA/ACCA is a must.
• Additional professional qualifications such as CFE/CISA/CIA will be an added advantage.
• At least 3-5 years of experience in a professional audit environment, including internal audit and/or external audit
• Good mentoring and coaching skills
• Good knowledge of Microfinance or Banking
• Good skills in planning, coordination and reporting
• Model and demonstrate effective Christian leadership and participate in daily devotions

Special / Personal Abilities

• Highly developed sense of reliability and correctness.
• Excellent trainer, facilitator, mentor, and coach.
• Innovative and analytical.
• Very good planning skills.
• Proficient in Microsoft Office applications.
• Must be a self-starter, highly motivated, organized, and detail-oriented.
• Model and demonstrates effective Christian leadership
• Good knowledge on economic and financial topics and sufficient experience in the loan business of VFT-MFB is added advantage

About our working environment & organization culture.
VisionFund
Tanzania Microfinance Bank has a calm and harmonious working
environment where staffs are highly valued. Good work is recognized and
rewarded accordingly and there is an opportunity to grow professionally
and spiritually.

VisionFund Tanzania Microfinance Bank takes our
Safeguarding responsibilities seriously and is committed to providing
an environment that is safe from harm or abuse for adults, including
clients, as well as children. Candidates will undergo criminal record
and background/ reference check prior to employment.
Female applicants are particularly encouraged to apply!!

Mode of Application:
Interested and suitably qualified individuals should;
Forward their application letter, attaching certified copies of their
academic and professional certificates, detailed CV’s with three
referees and National ID to vftHRstaff@vftz.co.tz
All applications should be addressed to;

The position should be the subject of the email application.
The deadline for the application is on 24th May, 2024.

N.B. Only short-listed candidates will be contacted.
Disclaimer
VisionFund
Tanzania Microfinance Bank would like to inform the general public that
it has not engaged any consultant/agent to conduct recruitment on its
behalf.