Head of Internal Audit

As a Head of Internal Audit, you will play a vital role in ensuring timely disbursements, managing compliance related complaints, verifying documents, developing new compliance policies, and reducing portfolio at risk (PAR).

Duties and Responsibilities

• Assist in designing a risk-based audit plan and ensure its effective implementation to address high-impact areas across the organization.
• Plan and lead audits by setting clear objectives, defining scope, and developing detailed audit programs that align with company policies and industry standards.
• Evaluate internal operations and processes to ensure efficiency, compliance with internal policies, and adherence to regulatory and accounting standards.
• Supervise audit staff, provide mentoring and training, and foster a culture of continuous learning and professional growth.
• Compile detailed audit reports with clear findings and actionable recommendations, and communicate them effectively to senior management.
• Proactively detect financial, operational, and compliance risks, and collaborate with relevant departments to implement risk mitigation strategies.
• Conduct follow-up reviews to ensure corrective actions have been taken and audit issues have been resolved in a timely manner.
• Act as the key contact for external auditors, ensuring they have access to necessary information and that audits are completed efficiently and accurately.

Qualifications

• Bachelor’s degree in Accounting, Finance, Auditing, or related field (CPA, CIA, or equivalent certification preferred)
• Minimum 7–10 years of experience in internal audit or risk management, with at least 3 years in a leadership role
• Strong knowledge of audit standards, financial regulations, and compliance frameworks
• Proven ability to assess risks and develop strategic audit plans
• Excellent analytical, leadership, and communication skills
• Experience in the financial services or microfinance sector is an advantage

Key Competencies

• Strong leadership in audit and risk management
• Expertise in regulatory compliance and internal controls
• Advanced financial and analytical skills
• Strategic thinking and process improvement focus
• Effective team management and staff development
• Clear and professional communication skills
• High ethical standards and objectivity