Internal Audit Officer at Updeal Resources

Position Summary

This position offers a great opportunity for career growth. The Internal Auditor is responsible for providing independent assurance on the Bank's risk management, control, and governance processes.

Key Responsibilities

• Develop annual audit plans and conduct risk-based audits across financial, operational, and compliance areas
• Verify accuracy of records and transactions
• Assess the adequacy of process design and effectiveness of internal controls
• Identify control weaknesses and recommend practical improvements
• Prepare clear audit reports and present findings to management and the Audit Committee
• Provide independent advice to support corporate objectives
• Ensure adherence to internal policies and regulatory requirements
• Stay abreast of industry and regulatory changes
• Investigate suspected fraud or irregularities and recommend preventive measures
• Support anti-fraud initiatives
• Monitor implementation of audit recommendations
• Promote efficiency in business processes and safeguard the Bank's assets
• Perform additional audit-related responsibilities as assigned by Management

Required Qualifications

• Bachelor's Degree or HND in Accounting, Finance, or a related field
• Proven experience as an Internal Auditor in a Microfinance Bank
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Familiarity with industry regulations and compliance standards
• Ability to work independently and collaboratively as part of a team