Category: Global Corporate Audit
Job Description
FINCA International, one of the world's leading
microfinance institutions, provides financial services to more than one million
clients through 23 wholly-owned and operated subsidiaries in Africa, Eurasia,
Latin America and the Greater Middle East.
SUMMARY
Internal auditing is an independent, objective assurance and
consulting activity designed to add value and improve an organization's
operations. It helps an organization accomplish its objectives by bringing a
systematic, disciplined approach to evaluate and improve the effectiveness of
risk management, control, and governance processes. To that effect, The Corporate
Audit Manager (CAM) will design, build and implement audit plans based
on risks and will supervise the Monitoring, Review and Capacity Building
processes of the Corporate Audit Department in accordance with the FINCA
International Corporate Audit Directives and International Standards on
Auditing. The Corporate Audit Manager reports to the FINCA International
Regional Corporate Audit Manager (RCAM) who reports to the Global Chief Auditor
in Washington, DC Headquarters.
The Corporate Audit Manager performs professional internal
auditing work which involves managing or conducting performance, operational,
financial, IT and compliance audit assignments in the affiliate, and the
Region; in coordination with the RCAM and other CAMs of the regions, he/she
ensures that the subsidiary’s audit plan is executed; he/she provides
consulting services to the subsidiary’s management and staff. He or she
provides input to development of the annual internal audit plan, all with
emphasis on a risk-based approach designed to assist management in the
attainment of their objectives. He / She provides supervision to internal
auditing staff. He / She maintains all organizational and professional ethical
standards and ensures internal audit activities are carried out in compliance
with The IIA’s International Standards for the Professional Practice of Internal Auditing (Standards).
ESSENTIAL DUTIES include the following. Other
duties may be assigned.
I. INTERNAL AUDIT ENGAGEMENT PLANNING, EXECUTION AND
SUPERVISION
- Oversee
the execution of the internal Audit plan for his/her subsidiary: ensure
that planned audits are completed when expected. Anticipate planning
issues and is proactive in resolving planning conflicts, delays or ad hoc
requests in coordination with the RCAM.
- Lead
internal Audit assignments at subsidiary or Regional level which includes
- planning
the assignment, developing the audit procedures/program, including
identifying and defining issues, developing criteria, developing the
internal audit planning memo and obtaining management approval
- Conducting
the introduction meeting
- Assigning
tasks to those internal auditors participating to the engagement and
monitoring completion of the task
- Supervise
the audit staff during the engagement when necessary in conducting
interviews, reviewing documents, developing and administering surveys,
composing summary memos, and preparing working papers.
- Supervise
the audit engagement team members in the identification, development, and
documentation of audit issues and recommendations for improvement
- Reviewing
and analyzing evidence, reviewing working papers to ensure completeness,
accuracy and validity of audit findings and recommendations
- Resolve
issues as they occur.
- Conduct
the exit meeting with management
- Prepare
the draft audit report and obtain all necessary approval and clearance
before issuing the final report and issue the final report promptly.
- Ensure
the engagement audit file is complete and in compliance with the Internal
Audit operating policies.
- Participate
to audit engagement under the supervision of another manager: collaborate
and contribute to the effective realization of the audit assignment
II. COMMUNICATION
- Is
responsible for the overall and on-going communication with the Audit
Committee and the management of his/her subsidiary, regardless of who is
conducting the audit assignments for the subsidiary
- Communicates
the results of audit and consulting projects, analysis, trends and any
relevant information via written reports and/or oral presentations on a
timely basis, according to planned reporting schedule or as
required/necessary to the subsidiary management and audit committee
- Develop
ad hoc and creative communication with the subsidiary management in order
to support management in the realization of their objective and to help
the internal audit department as a whole in maintaining permanent
knowledge of local issues, topics and relevant information.
- Develops
and maintains productive team-oriented client, staff, and management
relationships through individual contacts and group meetings. Help
maintain an image of the internal audit activity which is one of
positively contributing to the FINCA mission and goals.
- Participate
to on-going networking with the other internal auditors in the regions and
across the network
III. SUPPORT
- Assists
the Regional Corporate Audit Manager in managing internal audit staff and
in the planning, organizing, directing, and monitoring of internal audit
operations, including assisting in hiring, training, and evaluating staff,
and taking effective actions to address performance matters.
- Assist
in the identification and evaluation of the organization’s audit risk
areas and provides input to the development of a risk-based annual
internal audit plan.
IV. OTHER PROJECTS
- Participate
to projects for the internal audit group regionally or globally as
assigned by the Regional Corporate Audit Manager, the Deputy Global Chief
Auditor or the Global Chief Auditor. He / She may be assigned functional
leading responsibility for the entire internal audit group Regional or
globally
- Represents
internal auditing on organizational project teams, at management and board
meetings, and with external organizations.
- Pursues
professional development opportunities, including external and internal
training and professional association memberships, and shares information
gained with co-workers.
SUPERVISORY RESPONSIBILITY
Direct Supervision of the audit program of the subsidiary.
Job Requirements
QUALIFICATIONS
- 4 years of professional experience and 3 years of
full-time experience in internal auditing, operations, accounting, business
analysis, or program evaluation, including 2 years supervisory or project management
experience.
- Experience in Microfinance operations, or Banking or
auditing in a supervising capacity.
- Knowledge of control and risk self-assessment facilitation
techniques.
- Knowledge of the environment regulations, and laws.
- Familiarity with the common indicators of fraud.
- Knowledge of and skill in applying internal auditing
principles and practices, and management principles and preferred business
practices.
- Knowledge of contemporary risk management and control
techniques and working knowledge of contemporary control frameworks.
- Knowledge of management information systems terminology,
concepts, and practices, including but not limited to applicable reporting,
disclosure, financial reporting and accounting principles and practices.
- Skill in collecting and analyzing data, evaluating
information and systems, and drawing logical conclusions.
- Good skill in planning and project management, and in
maintaining composure under pressure while meeting multiple deadlines.
- Good skill in negotiating issues and resolving problems.
- Computer skills, including word processing, spreadsheet,
systems documentation, and ideally other business software to prepare work
papers, reports, memos, summaries, and analyses.
- Effective verbal and written communications in English and
French languages, including active listening skills and skill in presenting
findings and recommendations for improvement.
- Ability to establish and maintain harmonious working
relationships with customers, co-workers, staff, and external contacts, and
work effectively in a professional team environment.
Education & Experience
- Bachelor’s degree from an accredited college or university
required.
- CIA and/or CFE certification highly desired. (If not CIA
or CFE, the candidate must be willing to become certified.)
- A second certification/degree in a specialty field (e.g.,
IT, IT auditing, Fraud or fraud auditing, HR, Legal, Accounting, Microfinance
or Banking). This may substitute for one year of required experience
- Good knowledge of the Standards and Code
of Ethics.
Language Skills
Fluency in English, Dari and Pashto.
Reasoning Ability
- Extensive
skill in planning and project management and in maintaining composure
under pressure while meeting multiple deadlines;
- Considerable
skill in effective verbal and written communications, including active
listening skills and skill in presenting findings and recommendations for
improvement;
- Extensive
skill in planning and project management, and in maintaining composure
under pressure while meeting multiple deadlines;
- Considerable
skill in negotiating issues and solving problems;
- Ability
to establish and maintain harmonious working relationships with customers,
co-workers, staff, and external contacts, and work effectively in a
professional team environment;
Computer Skills
- Knowledge
of management information systems terminology, concepts, and practices,
including but not limited to applicable reporting, disclosure, financial
reporting and accounting principles and practices;
- Computer
skills, including word processing, spreadsheet, systems documentation, or
eventually audit packages, and other business software to prepare work
papers, reports, memos, summaries, and analyses; - Considerable skill in
effective verbal and written communications, including active listening
skills and skill in presenting findings and recommendations for improvement;
KEY DELIVERABLES
Business (credit) evaluations
Internal Control evaluations
Financial evaluations
Fraud risk assessments
KEY RELATIONSHIPS
Corporate Regional Audit Manager
Deputy Global Chief Auditor
Global Forensic Audit Manager
Subsidiary’s Management Boards
Subsidiary’s Audit Committees
External Auditors
Central Bank/ Superintendencies of Banks
TRAVEL REQUIREMENTS
Ability and willingness to frequently travel within the
country and some international travel, the position requires 50% of travel.
PHYSICAL DEMANDS
Ability to travel in economy class when traveling by air or
rail.
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