Head, Financial Audit

DUTIES & RESPONSIBILITIES

To ensure the integrity and accuracy of bank reconciliations.

Independent reconciliations of revenue accounts to determine accurate and correct account General Ledger Positions.

Shall conduct periodic data analysis on Web ATM POS and Mobile income streams and reconciliation to the general ledger and the production of audit reports in line with approved audit Plan.

Detailed periodic review of Agency services banking Settlement and collection transactions.

To conduct detailed investigation as may be required from time to time.

To Conducts Financial Audit and Other Audit Reviews such as ; o Stock take exercise/Inventory management review and reporting Staff allowances and advances review and audit Fixed asset tagging and verification Consumable consumption management prepayments Accounts Payables PayAttitude stock management & Operations review Spot checks on companys cash and fixed assets attendance at User Acceptance testing for projects /products and the management of asset bidding process for item disposal.

Independent Review and computation of companys income on Personalization and fulfillment activities for partner banks and merchants

Proffer workable value added solutions for management consideration.

Effectively discuss audit issues and develop business focused controls recommendations to strengthen control lapses and weaknesses.

Conduct investigation assignments from time to time.

Perform Adhoc task/assignments and departmental administrative duties as assigned from time to time.

Independent Review and computation of companys income on dispute management systems.

Independent Review and computation of companys income on all ongoing and completed projects implementation.

Independent review of merchant onboarding process and fraud analytics platform in line with Global Accepted Standards on AML/CTF as well as International card schemes.

STAFF ATTRACTION MOTIVATION AND RETENTION:

Fill vacant roles within the department in a timely manner and provide opportunities for growth and development.

Provide training mentorship and up-skilling programs.

Recognize and reward individual and team achievements and contribution.

Encourage open communication and feedback.

Give employees autonomy and ownership of their work to motivate them.

Foster a positive work culture that encourages collaboration innovation and creativity.

Regularly engage direct reports to understand their needs and concerns.

Foster a diverse and inclusive work environment that values different perspectives and backgrounds.

REQUIREMENT KEY PERFORMANCE INDICATORS

100% achievement and timely submission of audit reports.

Timely completion of all financial audit assignments within agreed KPI timeline.

Timely submission of reports for Management comments and approval.

Timely conduct of departmental training within a given appraisal period.

Timely conduct of investigation assignments for Management decision making

EDUCATION UNIVERSITY:

First degree in Accounting/ Business Admin.

CERTIFICATIONS: Certification in Accounting (ACCA ACA) is mandatory Others: CISA (Certified Information System Audit) would be an added advantage.

EXPERIENCE:

Understanding of the key technical concepts in Financial Audits. Minimum of 10 years audit working experience in Financial Auditing.

KEY COMPETENCY REQUIREMENTS:

Knowledge of Financial Auditing & Accounting knowledge.

Fundamentals of E-payment Settlement process and cycle.

Payment Card concepts and techniques.

Clear understanding of Payment Card industry standards and Regulation.

SKILL/COMPETENCIES:

Strong interpersonal skills and Deductive reasoning abilities.

Good analytical and financial reporting skills.

Financial Diagnosis Analyzing Information Research Skills Reporting Research Results Verbal Communication Integrity and Trust Attention to Detail and Objectivity.

Knowledge of Card Payment industry.