The Internal Auditor plays a key role in conducting comprehensive internal audits within the Agricultural Finance Corporation, ensuring adherence to regulatory standards, identifying operational inefficiencies, and contributing to the enhancement of internal controls.

Responsibilities:

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.

Risk Assessment:

• Identify and assess risks associated with financial operations, systems, and processes.
• Contribute to the development of risk-based audit plans and methodologies.

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.

Internal Control Evaluation:

• Assess the design and effectiveness of internal controls, including financial reporting controls and operational processes.
• Identify control weaknesses and recommend improvements.

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.

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.

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.

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.

Training and Mentoring:

• Provide guidance and support to other 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 of ICPAK
• At least three (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.