Unifi Zambia
Unifi is a fast-growing finance and technology company operating in Zambia. Unifi delivers personal lending products through mobile phone and branch channels. The company is well supported by strong shareholders and a board of directors with vast experience in entrepreneurship and lending.
Unifi is recruiting a new member of the audit team to help keep controls tight even as the company
expands into new markets. The ideal candidate must balance analytical diligence with a willingness to learn and innovate. A healthy spirit of adventure and sense of humour would be helpful.
Learn more about Unifi at:
Responsibilities:
- Contribute to the developing and implementing an annual audit plan.
- Plan and execute internal audits as per audit plan, including determining audit objectives and scope, identifying and assessing risks.
- Develop audit programs, and ensure compliance with internal audit work paper standards for each audit.
- Identify all significant control weaknesses and appropriately communicate these weaknesses to management timeously.
- Prepare reports containing observations, comments and recommendations based on carried out work.
- Present findings at audit meetings.
- Ensure the ongoing monitoring of management’s corrective action plans until resolution.
- Identify the need for follow-up audits based on risks identified during an internal audit and maintain the audit plan.
- Monitor and investigate cash variances for all branches daily.
- Provide input into Manco monthly reports to reflect internal audit activities and outcomes.
- Monitors appropriate measures for the prevention of fraud and elimination of conditions inductive to fraudulent actions.
- Assist in developing & implementing a whistle-blower hotline.
- Perform any other tasks as required.
Scope but not limited to
- Â Operational audits
- Ongoing audit of areas vulnerable to operational fraud
- Unusual loan account transactions
- Branch cash-out instances
- Expense abuse
- Cash variance checking
- End of day variances: investigate, keep track, make findings
- Monthly cash counts
- Client sampling – phone 10-20 clients per week to test transaction validity
- Financial audits
- Audit implementation of accounting policies
- Loan book reconciliation
- Expense authorisations / legitimacy audit
- Clearing accounts reconciliations review
- Banking rights / recipients audit
- Inspect processed journals
- Compliance audits
- Regulatory compliance
Qualifications & Requirements:
- Bachelor’s degree in Internal Audit, Finance, Accounting, or a related field; advanced degree or professional certification (e.g., CIA) is preferred.
- 4 -7 years of experience in auditing role
- Experience in the banking and financial services environment will be an advantage.
- Ability to travel across Africa
- Knowledge of internal audit principles, standards, internal control environment
- Knowledge of relevant laws, regulations, and industry best practices is advantageous
- Understanding of Financial Crime and Compliance legislation, compliance procedures and standards
- Focus on improving the effectiveness of risk management, control, and governance processes
- Ability to work independently and collaboratively in a fast-paced environment, meeting deadlines.
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills.