Senior Internal Auditor

The Role

The role holder is responsible for assisting the audit department in providing independent, objective assurance and advisory service to the Board of Directors and the Executive Committee on the effectiveness of the AECF’s policies, procedures, internal controls, and governance processes to ensure the achievement of the AECF’s mandate.

Reports to the

Key Responsibilities

1. Internal Audit

• Support the Head of Internal Audit in developing and implementing internal audit strategy and budgets aligned to the AECF’s strategic plan.
• Evaluate existing areas of risks and controls within the fund, assess them in order of priority, and suggest ways of mitigation.
• Design audit programs and plans and ensure their implementation.
• Conduct risk-based and system compliance audits at the fund and its intermediaries and recommend improvements.
• Regular reviews to monitor the implementation of action plans to address internal control deficiencies.
• Update the Head of Internal Audit on the implementation of findings raised through external audits.
• Reviewing and advising on compliance levels through regular appraisal of the actual operations versus the policies and procedures so as to maintain reasonable and applicable levels of compliance.
• Undertake special investigations, follow-up, and specific analysis as requested by the Head of Internal Audit.
• Determine the adequacy of internal controls by conducting internal protective and constructive audits of the controls, financial records, administrative procedures, and operations of core business activities as well as management support services.
• Examine and inspect activity records, accounting systems, and procedures relating to equipment and physical facilities, including intellectual property, to determine their efficiency, protective value, and resource utilization.
• Analyze data for evidence of deficiencies in control, duplication of effort, extravagance, fraud, or lack of compliance with approved policies; may be required to interact with suppliers to verify records.
• Provide advice, challenge, and support to multidisciplinary teams in developing, implementing, and evaluating strategic management plans in order to improve organizational effectiveness.

2. Board Papers and reporting

• Assist in the preparation of board papers, periodic progress reports, and annual reports showing achievements of the internal audit function.
• Evaluate progress and status of steps taken to address any audit comments received from external audit reports to enhance organizational effectiveness.
• Make recommendations for the improvement of the AECF operations to the Head of Internal Audit.

3. Stakeholder Engagement

• Proactively develop a trusted advisor relationship with management that enables internal audit to effectively influence positive changes within the AECF.
• Develop strategies for strengthening collaborative partnerships and networks with stakeholders, particularly relevant agencies, to ensure statutory compliance.
• Liaising with the Human Resources and Administration Manager to familiarize the fund’s employees/clients with audit procedures and requirements through consultative meetings and seminars.

4. People and Leadership

• Assess training needs to build staff capacity in internal audit control, ethical business conduct, integrity, and accountability of funds.

The Candidate

Suitable candidates should have the following:

• Hold an undergraduate degree in business management, finance, or equivalent field of study.
• Hold a professional qualification in CPA, CIA, or CISA.
• Have a minimum of 5 years experience in audit of private companies.
• Experience working with donor-funded organizations is desirable.
• Demonstrate proven ability to document findings and provide possible solutions.
• Possess the ability to interact and maintain professional standards with stakeholders.
• Demonstrate proven communication, presentation, and writing skills with the ability to effectively communicate within the organization and externally.
• Possess excellent written and spoken English. Working knowledge in French or Portuguese is an added

How to Apply

The AECF is an Equal Opportunity Employer. All applicants will be considered based on merit without regard to race, sex, color, national origin, religion, age, disability, or any other characteristic protected by applicable law.

AECF does not charge a fee at any stage of the recruitment process (application, interview, meeting, processing, training, or any other fees).

If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role, register and apply at: https://recruitment.aecfafrica.org. To be considered, your application must be received by:  September 28, 2023

Only shortlisted candidates will be contacted.