Assistant Internal Auditor

Job Title: Assistant Internal Auditor

Reports to: Group Internal Auditor

Location: Dar es Salaam Tanzania

Altima Talent is seeking for an Assistant Internal Auditor on behalf of our clinet to join our team at the Tanzania office based in Dar Salaam. This is a new role in a fast-growing multinational group which offers significant career development opportunities.
The internal audit role is part of the overall control/risk management environment established by Executive Management and the Board of Directors aimed at providing assurance as to the adequacy and effectiveness of the system of internal control.
This is a crucial role in providing audit coverage on the areas of financial and accounting systems and processes (incl. revenue assurance) treasury and credit controls financial regulatory reporting tax compliance business systems and processes IT investigations contracts and business risk assessments.

Coordinate periodic enterprise and process-based risk assessments; identify risks and control gaps; update the relevant risk assessments making changes to the audit plan as appropriate.

Attend relevant meetings (e.g. Management Groups and Committees) to keep up to date on key business matters and provide the right challenge to ensure risks are appropriately identified discussed and timely remediation plans are put in place.

Review management information and reports regularly to keep up to date with key trends within the business.

Audit Delivery

Assist in the development and execution of dynamic risk-based audit plans/advisory reviews to address high-risk areas including understanding business processes and underlying systems conducting interviews and process walkthroughs and performing audit procedures to assess the operational efficiency and effectiveness of the key business processes.

Support follow-up on implementation of audit recommendations and onward reporting of closure status tracking and monitoring audit issues raised through internal audit assignments external auditors tax authority inspections and/ or any other assurance provider.

Prepare accurate logical and detailed work-papers clearly describing all audit work done and exceptions raised and conclusions reached.

Perform audit assignments as per the audit plan and prepare quality audit reports clearly describing the key findings and make practical recommendations for improvement based on emerging issues/risks.

Conduct forensic audits and investigations in cases of frauds losses irregularities and malpractices as may be required.

Ensure all investigation and forensic audits are performed in a conscientious manner incorporating careful application of professional standards and observation of relevant legal requirements and rules of professional conduct.

Conduct full inspection/audit/spot checks of all branches and departments at least once in a financial year (including outsourced audits)

Controls and Documentation

Develop and maintain comprehensive business and financial process documentation including flow charts process narratives and risk and control matrices segregation of duties matrixs and any others required

Regularly monitor control performance of business controls in high-risk areas (including revenue assurance to prevent income leakage across product lines) for timely and effective execution

Assist in the development and delivery of training tailored to audience at various levels and business function regarding impact of internal controls & compliance

Co-ordinate the implementation within the business of new policies procedures or controls pertaining to authority and limits as well as access security/master data

Assist in the implementation of the Group Internal Audit policies and operations manuals; coordinate the implementation of internal audit strategies policies and procedures.

Conduct monthly review of all functional checklist

Statutory Compliance

Verify compliance with all the relevant legislation and regulatory requirements. This calls for regular updates with all the relevant legislation and statutory requirements affecting the group.

Stakeholder Management

Build effective working relationships and trust with business partners across the organization.

Operate within the budget for the department

QUALIFICATION AND EXPERIENCE

Part professional qualification (e.g. CPA(T) ACCA CISA CFA CIA or equivalent) will be an added advantage.

13 years relevant experience in internal audit risk management compliance or assurance preferably within the security or related industry.

Hands-on expert knowledge and successful track record of the following:

Financial Controls

Treasury and credit controls

Financial regulatory reporting

Tax both direct and indirect taxes.

Operational controls

Track record of performing work independently with minimal supervision and meeting stretch timelines; comfortable to deal with ambiguity and solve problems.

Specialized skills in IT audit or data analytics audit experience would be an advantage.

Audit Plan Execution & Coverage

Risk Assessment & Control Effectiveness

Audit Report Quality & Timeliness

Audit Recommendations Follow-up & Closure