AKUFADA Micro finance institution S.C is a private Micro finance institution which is established in October 12, 2015 E.C to provide financial service for low- and medium-income groups. Hence, AKUFADA Micro finance institution wants to recruit employees on the following vacant posts.

• Position Director, internal Audit  Directorate

• Job Grade: 14

• Workplace: Debre Birhan

• Salary: As per the institution's scale

To ensure that the overall operation and IT environment is in line with the Akufada’s policies and procedures and applicable laws and regulations. The position is also responsible for ensuring the adequacy, strength and uniformity of the internal control system of the MFI and for providing an independent, objective assurance and consulting service to the Executive Management and the Board of Directors with the view to strengthening the MFI’s internal control and governance environment.

Results and Outputs:

Effective internal control system to enhance risk management and governance

• Key expected result / outputs /: Put in place IT security objectives, policies and procedures and effective enforcement of the same

• Report/output provided: Annual budget and work plan for the function

• Frequency of output: Annually

Effective and efficient IT Service delivery

• Key expected result / outputs /: Comprehensive and relevant risk-based Audit and  Inspection and IT Audit (Internal Audit) programs

• Report/output provided: Audit, Inspection and IT Audit

• Frequency of output: As required

Objective assurance on adherence to relevant policies, procedure and regulatory directives and laws

• Key expected result / outputs /: Timely and effective risk-based audit, inspection and Information Technology Audit , Special investigation on frauds and embezzlements

• Report/output provided: Special Investigation report 

• Frequency of output: As required 

Duties and Responsibilities

• Lead the development and implementation of a risk-based internal audit work program to provide assurance that all the material areas are covered and inspected in a timely manner.

• Review and approve internal audit reports and present to the concerned organ.

• Follow up managers under the position’s supervision for rectification of audit recommendations by the respective business line managers.

• Review new or amended policies, procedures and advise the management or the Board on the adequacy of the control aspects.

• Conduct special investigation or assign and supervise Auditors/Inspectors for the same at Branches and Head Office and prepare a special investigation report.

• Serves as a liaison for the MFI with external auditors and the National MFI on internal audit matters.

• Take part in the MFI’s decision making process by forming part of different committee(s). 

Job Requirements

Qualifications and Experience: 

• BA degree and  in Accounting, Management, Business Administration or related field, with six (6) years of experience of which three (3) years should be at a supervisory position 

• Specialist knowledge of the MFI sector and audit principles.

Competencies:

• Planning and Organizing 

• Leading through Vision and Values 

• Decision Making 

• Driving for Results 

• Building a Successful Team 

How to Apply

Interested applicants who meet the above requirements can submit their application letter, updated CV and credentials in PDF format by clearly stating the position that you are applying for through the application THIS LINK  within sex (6) consecutive working days from the date of announcement.

Only shortlisted applicants will be communicated.