Internal Audit Officer at Fairmoney Microfinance Bank

FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.

We are recruiting to fill the position below:

Job Title: Internal Audit Officer

Location: Lagos
Job type: Full time

About This Role

• As an Internal Audit Officer, you will play a critical role in supporting the internal audit function, ensuring the organization’s operational and financial processes align with established standards and best practices.
• You will work closely with the Head of Internal Audit to assess risks, enhance controls, and provide valuable insights for decision-making.

Key Responsibilities

• Develop detailed audit work programs and comprehensive audit planning memoranda for each audit engagement.
• Perform audit tests of key operational and financial processes, ensuring compliance with professional standards and methodology.
• Prepare and maintain accurate working papers in alignment with established audit standards.
• Prepare and present accurate internal audit reports for review by the Head of Internal Audit.
• Conduct prepayment checks on transactions to ensure value for money on all transactions and contracts.
• Update the audit tracker based on feedback obtained from process owners.
• Assist the Head of Internal Audit in the development of the Annual Audit Plan.
• Provide support to the Head of Internal Audit in preparing presentations and reports for the Board.
• Stay updated on emerging trends and developments in auditing practices, integrating best practices into audit processes.
• Perform additional tasks and responsibilities as assigned by the Head of Internal Audit.

Requirements

• Minimum of 5 years in internal audit, with at least 1 year in the financial services sector.
• Bachelor’s Degree in Accounting, Finance, or a related numerate Discipline.
• ACA, ACCA, CIA, or CISA certification is required.
• Proven experience in auditing, with a strong understanding of audit methodologies and risk management practices.
• Exceptional communication skills, analytical and problem-solving abilities to identify and resolve issues effectively.
• Proficient in Microsoft Office Suite, including Excel, Word, and PowerPoint.
• High ethical standards and professionalism, with the ability to handle confidential information sensitively and discretely.
• Ability to work independently and collaboratively as part of a team, with a proactive approach to identifying and addressing control weaknesses.

Benefits

• Private Health Insurance
• Pension Plan
• Paid Time Off
• Hybrid work
• Training & Development programs.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
CLICK HERE TO APPLY

Recruitment Process

• Screening with a member of the recruitment team (30 min).
• Take Home Assignment.
• Technical Interview with the Head of Internal Audit and Control (60 min).
•  Final Interview with Managing Director.