Internal Audit

  • Full Time
  • Lusaka, Zambia
  • Applications have closed.

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:

www.unifi.credit/about

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
  •  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.
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