Internal Audit Officer at Fanisi HR Solutions

• They seek to hire an Internal Audit Officer who will play a crucial role in safeguarding the company’s reputation, ensuring transparency in grant management practices and promoting the successful implementation of grant-funded programs. . You will be responsible for ensuring compliance, accountability and the effective utilization of programme funds. The individual must possess the ability to communicate effectively with programme stakeholders and participants, to uphold the highest standard of integrity and professionalism.

Key Roles and Responsibilities:
Program Management Oversight

• Evaluate effectiveness of internal controls related to grants management process and financial reporting at the company’s level and at the consortium partners’ level.
• Identify areas of risk, non-compliance or inefficiencies and recommend remedial actions to improve processes and controls.
• Conduct audits of the organization’s grants program to ensure compliance with grant terms, regulations and guidelines.
• Liaise with external auditors to ensure 100% verification of programme expenditure is reviewed for eligibility and compliance to donor requirements.
• Collaborate with grant administrators, programme managers and finance teams to address audit findings and implement corrective actions.

Risk Management:

• Identify areas of risk, and non-compliance
• Implement risk management strategies to mitigate potential risks
• Stay abreast of market trends, regulatory changes, and industry developments to inform risk assessments.
• Custodian of the risk register

Financial Reporting:

• Prepare detailed audit reports , document findings, conclusions and recommendations for management and stakeholders.
• Work closely with the finance team to prepare internal reports, quarterly and annual reports for internal and external audits.
• Support during the organizational and program audits

Continuous Improvement:

• Stay updated on industry trends, regulatory changes, and best practices in internal auditing.
• Recommend and implement process improvements to enhance efficiency and effectiveness.
• Provide training and guidance to staff on internal control procedures and compliance matters.

Required Specifications;

• Bachelor's degree in Accounting, finance or a related field.
• CPA/ACCA certification.
• Minimum of 3-5 years of progressive experience in auditing, preferably with a focus on grants management or non-profit organizations.
• Strong knowledge of auditing principles, grant regulations and financial reporting.
• Excellent communication, and interpersonal skills, with the ability to engage diverse teams and stakeholders.
• Excellent analytical skills and attention to detail.
• High level of integrity, ethics, and attention to detail.
• Ability to work independently, prioritize tasks and meet deadline