Job Description
Job Title: Senior Internal Auditor
Job Summary: The Internal Auditor plays a key role in conducting comprehensive
internal audits within Agricultural Finance Corporation, ensuring adherence to
regulatory standards, identifying operational inefficiencies, and contributing to the
enhancement of internal controls.
Key Responsibilities:
1. Audit Planning and Execution:
Develop risk-based audit plans in collaboration with audit management, ensuring
coverage of critical areas.
Execute internal audits, assess the effectiveness of internal controls, and evaluate
compliance with policies and regulations.
2. Risk Assessment:
Identify and assess risks associated with financial operations, systems, and
processes.
Contribute to the development of risk-based audit plans and methodologies.
3. Compliance Review:
Evaluate compliance with relevant laws, regulations, and industry standards.
Keep abreast of changes in regulations and ensure audit activities align with
compliance requirements.
4. Internal Control Evaluation:
Assess the design and effectiveness of internal controls, including financial
reporting controls and operational processes.
Identify control weaknesses and recommend improvements.
5. Audit Documentation and Reporting:
Maintain thorough and accurate documentation of audit procedures, findings,
and recommendations.
Prepare clear and concise audit reports for management, highlighting key
findings and proposed actions.
6. Stakeholder Communication:
Communicate audit results to relevant stakeholders, including senior
management and process owners.
Collaborate with business units to discuss audit findings and assist in the
development of corrective action plans.
7. Continuous Improvement:
Identify opportunities for process improvements and efficiency enhancements
based on audit observations.
Contribute to the development and implementation of best practices within the
internal audit function.
8. Follow-up and Monitoring:
Monitor the implementation of audit recommendations and verify the
effectiveness of corrective actions.
Provide periodic updates to audit management on the status of open audit
issues.
9. Training and Mentoring:
Provide guidance and support to junior audit staff.
Stay informed about industry trends and changes in audit methodologies.
Qualifications and Skills:
Bachelor’s degree in Accounting, Finance, or related field;
Professional certification CPAK and a member to ICPAK
3 years’ experience in internal auditing, preferably within the financial industry.
Strong understanding of internal control frameworks, risk management principles, and
audit methodologies.
Excellent analytical and problem-solving skills.
Effective communication and interpersonal skills.
Proficiency in audit management software and Microsoft Office applications.
Ability to work independently and as part of a collaborative team.
Attention to detail and a commitment to maintaining the highest standards of
professionalism and objectivity.