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:

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 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.