Cluster Manager - MFI Audit

Role & responsibilities:

• Develop and implement annual audit plans based on risk assessment and organizational priorities.
• Lead and execute audit engagements including operational, financial, and compliance audits.
• Design audit procedures and testing methods to evaluate the effectiveness and efficiency of internal controls.
• Identify, assess, and document areas of risk within the microfinance operations.
• Provide recommendations for mitigating risks and improving internal controls.
• Monitor changes in regulations and industry standards to ensure compliance.
• Prepare and present comprehensive audit reports to senior management and the audit committee.
• Communicate audit findings, risks, and recommendations effectively to stakeholders.
• Follow up on audit findings and ensure corrective actions are implemented.
• Supervise and mentor audit staff, providing guidance and support to enhance their skills and performance.
• Manage audit projects, including resource allocation and project timelines.
• Evaluate and improve existing audit processes and methodologies.
• Collaborate with other departments to streamline processes and enhance operational efficiency.
• Ensure audits are conducted in accordance with relevant laws, regulations, and internal policies.
• Stay updated on industry trends and regulatory changes impacting microfinance.
• Liaise with external auditors, regulatory bodies, and other stakeholders as necessary.
• Foster a culture of transparency and accountability within the organization.

Preferred candidate profile:

• Graduate from a reputed college
• Masters degree/ MBA preferred, but not mandatory
• 6-10 years of relevant experience in Audit for MFI.
• at least 2-4 years in a managerial role
• Well versed with audit software, MS Excel, MS Powerpoint, MS Word
• Extensive knowledge of audit principles, practices, and regulatory requirements.

Essential Experience :

• Strong strategic thinking, analytical, and problem-solving skills.
• Proven leadership and team management capabilities.
• Excellent communication and interpersonal skills, with the ability to interact with senior executives and Board members.