Job Purpose

The purpose of the role is to perform objective, independent, and reliable assessments on the effectiveness of the Bank’s risk management activities, its compliance with applicable regulations, and its internal control-environment. Ensures internal audit addresses the areas of concern relative to the goals, performance objectives, and impact of a variety of economic, financial and managerial programs in conformance with the Company’s policies and procedures. Execution of audit duties in the planning, scheduling, coordinating, reviewing and reporting in line with professional auditing standards and bank audit requirements.

Summary of Key Responsibilities:

• Act as a business consultant and assurance provider to their organization.
• Reporting results of an audit to management by preparing audit work papers and evidence.
• Perform internal audits in variety of areas of accounting, financial, and operating records and procedures requiring the application of professional accounting and auditing principles.
• Verify detail of recorded transactions and implementation of the control procedures; conducts detailed examinations of documents, vouchers, memos, reports, and other accounting and operating documents to ascertain whether transactions are properly supported, adequately approved and correctly recorded
• Identifying improvement opportunities and risk factors from analyzing company operational functions.
• Identifying creative insights, outliers, and value by carrying out analytical procedures.
• Prepare work papers, schedules, and summaries.
• Follow up at agreed times to ensure non-compliance issues have been correctly addressed by the business. Discusses with the concerned where this has not happened.
• Follow fixed standards (IIA standards) under guidance of seniors.
• Assists in carrying out investigations of incidents of non-compliance reported by departments or individuals.
• Take charge of completion of the various assigned audits according to the Audit Plan (time, efficiency, effectiveness and adequacy) and ensuring that agreed non-compliance issues have been correctly resolved.
• Performing policy adherence tests as well as personally formulating and implementing the company’s internal audit programs.
• Responsible for communicating and reaching agreements on findings with the audited subject, as well as initiating remedial action to resolve the finding.
• Create a draft internal audit report and discusses it with the right management level.
• Carrying out ad hoc assignments based on management requests and/or project assurance, etc. and updating audit programs for implementation.
• Provide ad hoc assistance to internal audit managers.
• Participate in special tasks based on the nomination of the Senior Auditor.
• Participate in the risk assessment process.
• Identify sufficient, fact-based, reliable and relevant information to achieve the audit objectives.

Skills assessment tests

Required Skills and Attributes

• Strong Oral and Written Communication Skills
• Strong ability to read, understand, analyze, and interpret governmental regulations, professional journals, general business periodicals, technical procedures, and other relevant materials and reports
• Problem-Solving Skills
• Strong ability to prepare procedure manuals, business correspondence, and reports
• Team Player
• Strong analytical skills to perform simple calculations such as volume, discounts, commissions, interest, proportions, area, percentages, circumference
• Strong reasoning skills
• Good Interpersonal skills
• Excellent Time Management Skills

Primary Areas of Accountability:

Qualifications and Experience

• Bachelors in Accounting/Finance/Audit. CIA OR
• Full CA Zambia, ACCA/CIMA
• Must have a minimum of 4-5 years of work experience in Audit and Risk Management
• Must have worked or working with any of the big five audit firms
• Working for an Audit firm with experience auditing an OMC will be a plus
• Experience in risk assessment and process mapping will be an added advantage
• Must be conversant with the most used Audit Accounting Software
• Should be a member of ZICA and IIA

• Act as a business consultant and assurance provider to their organization.
• Reporting results of an audit to management by preparing audit work papers and evidence.
• Perform internal audits in variety of areas of accounting, financial, and operating records and procedures requiring the application of professional accounting and auditing principles.
• Verify detail of recorded transactions and implementation of the control procedures; conducts detailed examinations of documents, vouchers, memos, reports, and other accounting and operating documents to ascertain whether transactions are properly supported, adequately approved and correctly recorded
• Identifying improvement opportunities and risk factors from analyzing company operational functions.
• Identifying creative insights, outliers, and value by carrying out analytical procedures.
• Prepare work papers, schedules, and summaries.
• Follow up at agreed times to ensure non-compliance issues have been correctly addressed by the business. Discusses with the concerned where this has not happened.
• Follow fixed standards (IIA standards) under guidance of seniors.
• Assists in carrying out investigations of incidents of non-compliance reported by departments or individuals.
• Take charge of completion of the various assigned audits according to the Audit Plan (time, efficiency, effectiveness and adequacy) and ensuring that agreed non-compliance issues have been correctly resolved.
• Performing policy adherence tests as well as personally formulating and implementing the company’s internal audit programs.
• Responsible for communicating and reaching agreements on findings with the audited subject, as well as initiating remedial action to resolve the finding.
• Create a draft internal audit report and discusses it with the right management level.
• Carrying out ad hoc assignments based on management requests and/or project assurance, etc. and updating audit programs for implementation.
• Provide ad hoc assistance to internal audit managers.
• Participate in special tasks based on the nomination of the Senior Auditor.
• Participate in the risk assessment process.
• Identify sufficient, fact-based, reliable and relevant information to achieve the audit objectives.

• Strong Oral and Written Communication Skills
• Strong ability to read, understand, analyze, and interpret governmental regulations, professional journals, general business periodicals, technical procedures, and other relevant materials and reports
• Problem-Solving Skills
• Strong ability to prepare procedure manuals, business correspondence, and reports
• Team Player
• Strong analytical skills to perform simple calculations such as volume, discounts, commissions, interest, proportions, area, percentages, circumference
• Strong reasoning skills
• Good Interpersonal skills
• Excellent Time Management Skills

• Bachelors in Accounting/Finance/Audit. CIA OR
• Full CA Zambia, ACCA/CIMA
• Must have a minimum of 4-5 years of work experience in Audit and Risk Management
• Must have worked or working with any of the big five audit firms
• Working for an Audit firm with experience auditing an OMC will be a plus
• Experience in risk assessment and process mapping will be an added advantage
• Must be conversant with the most used Audit Accounting Software
• Should be a member of ZICA and IIA