Internal Auditor at Inkomoko

About the Opportunity

Reporting to the CFO, the Internal Auditor will be responsible for overseeing all aspects of internal audit, risk management, and compliance activities. The ideal candidate should possess excellent leadership skills, strong knowledge of audit practices, and a thorough understanding of compliance requirements. Specific tasks include:

Responsibilities

Internal Audit and Compliance (70% time)

• Develop and implement comprehensive internal audit and compliance strategies, policies, and procedures for Inkomoko, ensuring Inkomoko’s adherence to applicable laws, regulations, and its own internal policies
• Design and execute audit plans to assess and monitor the effectiveness of internal controls in finance and operations
• Participate in the annual external audit process, and implement improvements based on audit findings, compliance issues, and reporting requirements.
• Collaborate with teams to develop and implement effective control systems across IT, program, finance, and operation, and HR. 
• Manage and oversee investigations of suspected fraudulent activities or irregularities.
• Provide timely and accurate reports to senior management on any control breaches or vulnerabilities.
• Develop and deliver training programs to enhance staff understanding of compliance, new policies, and procedures
• Ensure regulatory compliance including the central bank and the tax administration in all countries of operation

Planning & Risk management (30% time)

• Develop risk management strategies, policies and control frameworks in alignment with Inkomoko's risk appetite
• Conduct regular risk assessments reviews to identify areas of weakness and implement corrective actions.
• Provide guidance and support to the organization's management team on risk 
• Conduct risk assessment in existing and new locations that the organisation expands 
• Monitor and regularly update the company wide risk management framework.
• Keep management updated on risk management best practices.
• Recommend and implement risk management solutions such as insurance, business continuity plans and recovery measures.
• Engage in continuous knowledge development regarding governance and associated rules, regulations, best practices, tools, techniques and performance standards.
• Instil a risk awareness culture across the organisation.

Minimum Qualifications

The Internal Auditor poised for success in this role will have both technical skills in audit, accounting, finance, or any other relevant field. Minimum qualifications include:

• Bachelor’s degree in accounting, finance, risk, or a related field. 
• Certification required  – such as Certified Internal Auditor, CPA, ACCA, CISA, Certified Compliance Professional 
• 7+ years experience in internal audit and compliance, in a managerial position.
• Strong knowledge of internal auditing standards, risk management, and compliance 
• Excellent communication skills, with the ability to present complex information clearly 
• Strong analytical and problem-solving skills, with a keen attention to detail.
• Proficient in the use of audit software and technology to enhance audit effectiveness.
• Understanding of the various financial and tax laws across East Africa
• Fluent in written and spoken English and at least one East African language.