Internal Audit Manager -2024

  • Contract
  • Internal Audit and Risk
  • Zambia

Description

ExpressCredit is a global consumer finance company operating in Zambia and 3 surrounding countries, including Botswana, Namibia, and Lesotho. Our company helps individuals in a need of short-term and long-term financial solutions – all of which make a meaningful and lasting impact on the local communities.


Since 2018, ExpressCredit has more than tripled its global operations and grown significantly worldwide. If you want to work for a dynamic, forward-thinking and socially responsible financial services provider we are the right match for you!


To learn more about ExpressCredit, visit: www.expresscredit.co.zm


YesCash Zambia trading as Express Credit Zambia invites suitably qualified candidates based in Lusaka or willing to self-relocate to apply for the position of Internal Audit Manager.


Job Purpose:

 

To manage the Internal Audit Function and provide assurance to YESCASH Management and the Audit Committee of the Board on the adequacy, effectiveness and efficiency of the institutional corporate governance, internal control systems and conformity to regulations.


Key Responsibilities


  • Formulate and implement a comprehensive annual audit plan, which is approved by the Audit Committee, relevant and focused on the areas of key and significant risk to the Company.
  • Keep Senior Management and the Audit Committee informed of emerging trends and developments in internal auditing practices and give recommendations for necessary revisions in Internal Audit Charter, Code of Ethics and Internal Audit Manual.
  • Ensure trends and emerging issues that could impact YesCash are considered and communicated to Senior Management and the Audit Committee as appropriate.
  • Provide a list of significant measurement goals and results to the Audit Committee.
  • Independently and objectively evaluate the Company’s systems and practices of internal controls, risk management and governance by measuring and evaluating their effectiveness in achieving the agreed organizational objectives and advises the Board and Management.
  • Review and evaluate the adequacy, reliability, and integrity of used systems to determine the degree to which they comply with established Company policies and ascertain their efficiency and effectiveness.
  • Inspect accounting systems to determine their efficiency and effectiveness, conducts cash spot checks and inspects collections at/from pay points in all branches.
  • Plan, perform and manage all types of audits including, but not limited to, financial, operational, compliance, value-for-money and performance audits as approved by the Audit Committee.
  • Conduct special audits for management aimed at detecting any irregularities and thereafter develops and suggests controls for their prevention.
  • Ensure timely and effective follow-up of internal audit, external audit and regulator issues and recommendations.
  • Coordinate with external auditors, regulators and other assurance providers and ensures that each party is briefed on areas of concern.
  • Follow-up on engagement findings and corrective actions, and report periodically to Senior Management and the Audit Committee any corrective actions not effectively implemented.
  • Ensure adherence to YesCash’s relevant policies and procedures, unless such policies and procedures conflict with the internal audit charter. Any such conflicts will be resolved or otherwise communicated to Senior Management and the Audit Committee.
  • Engage in continuous improvement and professional qualifications in internal audit and financial sector related matters.


Requirements

  • A relevant Bachelors degree from reputable university and/or a professional qualification i.e. CIA, CA ZM, ACCA, CIMA,
  • Full grade twelve certificate with a minimum of a credit in English and Mathematics.
  • At least 3 years work experience in a Audit, Risk & compliance role preferably in a financial institution
  • Must possess knowledge of risk analysis, database management and risk metrics.
  • Extensive knowledge of legal requirements and compliance regulations.
  • Member of a Professional Body such as the Zambia Institute of Chartered Accountants (ZICA), the Institute of Internal Auditors,
  • Self-starter and team player
  • Strong investigative skills
  • Leadership skills
  • Basic Computer skills
  • Good communication skills
  • A high level of analytical skills and Excellent work ethic
  • Valid Driver’s Licence