NATURE AND SCOPE:
The jobholder reports to the Head of Internal Audit. He/She is responsible for carrying out audit functions in the bank and to oversee compliance with approved financial and operational controls.
KEY RESPONSIBILITIES:
- To carry out periodic internal audits and timely issue draft report on each assignment in line with annual performance agreement,
- To conduct follow up to confirm implementation of previous audit recommendation and Board directives,
- To evaluate adequacy and effectiveness of internal controls, governance and risk management processes and recommend for improvement/actions,
- To conduct review of audit manual, Charter and provide proposal for change in line with current professional practices.
- To conduct risk assessment and identify risk areas to be accommodated in annual audit plan,
- To undertake any other duties as assigned by the Head of Internal Audi from time to time.
GENERAL COMPETENCIES
- Computer literacy, team player, high analytical skills,
- Ability to demonstrate consistent performance and meet targets set to ensure effective accomplishment of assignments,
- Ability to generate new ideas to add value to Internal Audit Unit and business performance.
- Possess an in-depth understanding of clients and their needs and monitors changes in their environments to effectively predict effect on the bank’s operations.
- Ability to build effective relationships with others.
- Ability to evaluate priorities across processes/teams and facilitates agreement to changing priorities and new challenges by monitoring progress of jobs and agreeing to work schedules.
FUNCTIONAL/TECHNICAL COMPETENCIES
- Risk Management: Must have thorough understanding of the principles and techniques of risk assessment and risk mitigation skills,
- Financial knowledge: Ability to analyze and interpret financial and operational data/information and make recommendations.
- Audit Standards and Legislations: Excellent knowledge of International Accounting and Audit Standards, and Legislations
- Compliance and Regulatory Framework: Good understanding of the regulatory issues, reporting and operational requirement as provided by BOT, TRA etc.
- Conceptual and Analytical Skills: Ability to quickly grasp and understand systems and keen to detail
- Technology Skills: Ability to use of appropriate audit software for evidence collection, data analytics, test of controls, and compliance.
QUALIFICATION, KNOWLEDGE, EXPERIENCE
- Master’s Degree/Postgraduate qualifications in Business Administration, Accounting or Finance.
- Internationally recognized professional accountancy qualification such as ACCA, CIPFA or CPA (T).
- Minimum of 4 years’ relevant experience in a banking industry and/or at a recognized audit firm at the Senior Officer level.
- Knowledge and skills in computer applications for auditing purposes like audit management software and data analytics.
- Leadership and management skills.
MODE OF APPLICATION AND CLOSING DATE:
Job applicants are required to apply for this employment opportunity through; the TADB career portal: https://www.tadb.co.tz/careers/
Please note: applicants are required to attach the following to their respective applications:
- Application letter showing how you meet the requirements of the position
- An up-to-date Curriculum Vitae
- Contacts stating name in full, physical address, telephone numbers, and e-mail addresses of the candidate
- Certified copies of relevant certificates
- Names and full contacts of three (3) referees
Tanzania Agricultural Development Bank Limited is an equal opportunity and affirmative action employer whereby we do not engage in practices that discriminate against any person employed or seeking employment based on race, color, religion, sex, sexual orientation, national or ethnic origin, age, marital status, physical or mental disability or any other characteristic protected under applicable law.
Tanzania Agricultural Development Bank Limited fosters the strength and health of its workforce through a competitive benefits package, professional development, and policies and programs that support a healthy work/life balance. Join our workforce to make a positive difference for others — and yourself.
