A financial Institution is seeking to employ an Internal Auditor on part time basis.

Objective

To assess and report on the extent of compliance with laid down policies and procedures and to ensure that financial transactions are properly accounted for and report to the Board and Management on weaknesses in operational procedures and control systems.

Key Result Areas

• Design and review of internal control system
• Report on the adequacy of systems, financial and operational procedures
• Proper documentation at departments and units
• Adequacy security, safety and convenience of the working environment
• Preparation of Departmental Budgets

Duties and Responsibilities

• Ascertain the effectiveness of established policies and procedures and make recommendations for improvement
• Review operations on monthly / quarterly basis and recommend changes to Management.
• Review books and records of departments and units
• Bank of Ghana Compliance
• Review the filing and documentation system of the departments and units
• Report on the adequacy of systems and operational procedures
• Investigate and report frauds and irregularities at the instance of management
• Institute effective and efficient system of internal controls to safeguard the financial, material and other assets of the company
• Pre-auditing of all disbursements to ensure that all conditions of loan approvals are adhered to.
• Review & Check daily cash / cheque and agree with the cash register.
• Review of monthly bank reconciliation Statements
• Reconciles documentation with actual inventory or assets to ascertain accuracy
• Prepares reports and preserves documentation pertaining to audits for internal record

Qualification and Personnel Specification

Knowledge and skills include

• First degree in Accounting / Finance / Auditing plus qualified membership of a recognized Professional Accountancy body i.e ICA (GH), ACCA, ICA (E&W), CIMA (UK) with three (3) years post qualification relevant experience.

OR

• Working knowledge of the functions of other Departments/ Units and their inter-relationships
• Computer literacy skills including Computer Auditing
• Relevant Management Development Courses

Work-based competencies;

• Knowledge in Financial Accounting
• Knowledge of microfinance industry
• Knowledge of business rules and regulations in the microfinance sector
• Good analytical skills and judgment
• Good written and oral communication skills
• Computer literacy skills
• Documentation and Record Keeping
• Attention to Detail
• Problem Solving
• Critical Thinking Analysis
• Teamwork

Behavioral Competencies

• Ability to promote team work
• Exhibition of high sense of integrity
• High level of commitment and professionalism
• High level of maturity

Department:  Internal Audit

Reports To:  Board of Directors / Management

Responsible For: Subordinate Staff