Head of Internal Audit

Position: head of internal audit

Responsibilities:

• Ensure the strategic development of the internal audit function
• Manage the internet all the functions, including developing a risk-based annual audit plan, charter, procedures, and external legislation/ regulatory policy
• Conduct auditor assignments of the bank's branches and head office departments/units if circumstances demand (e.g in case of special investigation assigned by the audit committee/ board of directors all requested by the bank's management team; complex/ new auditor assignments, staff shortage, etc
• Collaborate and cooperate with other departments to ensure professional responsibilities are fulfilled in an efficient manner, with disregard for the activities of those departments
• In short, timely and well-structured reporting on internal audit activities to management and audit committee
• Prepares, participates in, and follows up on audit committee meetings
• Providing training to staff on relevant audit methodologies, tools, and industry-based practices
• Collaborating with external auditors and Bank of Tanzania examiners to ensure a coordinated and efficient audit/ examination process
• Utilizing data analytics and technology to enhance audit effectiveness and efficiency

Qualifications:

• University degree in business administration, accounting, finance, or other relevant discipline
• Acca/ certified public accountant (CPA) or any other relevant professional qualification shall be an added advantage
• At least 5 years of successful experience in internal audit function or in an external companyajira
• Internal networking experienced in a financial institution is an added advantage

Skills required:

• Good leadership and managerial skills such as managing priorities, motivating and developing the audit team.
• Proving ability to supervise and direct the activities of other team members.
• Good knowledge of all these standards and techniques.
• Familiarity with regulatory requirements and compliance. Standard specific to the banking industry.
• Good knowledge of internal control systems, risk concepts, fraud risks, and risk assessment.
• Proficient in report writing and in oral communication including cooperation across departments while maintaining discretion, confidentiality, and focus.
• Demonstrate ethical behavior and transparency at all times,
• Open to new ideas, shares knowledge, and builds on knowledge of others.
• Strong collaborative skills to work closely with other departments (finance, risk management, and compliance).
• Proficient in computer literacy (Excel, PowerPoint, word).
• Ability to align the Internet all the functions with the bank's overall strategic objectives.

Applications are to be made through careers@accessmfb.co.tz. interested applicants are encouraged to submit the application letters and updated TV no later than 31st January 2024. Apply now and be part of an internal team dedicated to excellence and growth.

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