Field Auditor at LAPO Microfinance Bank Limited

JOB OBJECTIVE/SUMMARY:

• To review the bank’s accounting system and internal control policies in order to protect the bank’s asset.
• To ensure compliance to the bank internal control policies and external control environment status.
• To promote goal congruence at achieving the bank objectives.
• To ensure all exceptions are reported timely for management attention

DUTIES & RESPONSIBILITIES

• Review of all cash position, general ledgers of the branches visited.
• Review bank reconciliation statements at the zonal and branch offices
• Work to ensure a review of all accounts including funds transfers in zonal and branch offices.
• Review of credit documents processes and Procedures in line with the approved policy and format.
• Review all necessary documents in the course of Audit exercise for substantive and compliance test for audit assertion.
• Regular visit to branches and Clients’ Support Officers for Routine audit.
• Price verification and certification of expenses at the Area and Zonal offices.
• Prompt investigation of fraud cases and other cases of serious concern.
• Prepare and submit report on activities carried out to zonal Auditor.
• To ensure all long and outstanding bank reconciliations are resolved.
• Follow –up with all recommendations of previous audit exercise.

KEY PERFORMANCE INDICATORS:

• Cash review of Regular branches and as well as cash/vault review of super branches
• Reports should be comprehensive, accurate, and reliable for decision making and also made available to the Auditee/Business units.
• Review to ensure that the reconciliation statement report prepared is accurate, review all charges and query all un-cleared effects.
• Review Loan portfolio accounts, Ageing and PAR, check the correctness of funds transferred, review assets register and review of all deposit accounts.
• Audit visit must address all operational/credit, financial and administrative activities and Work to ensure all assigned CSOs audit exercises are promptly completed.
• Carryout price verification and certification of payment vouchers at the Area and Zone.
• Detailed investigation of fraud cases, Internal or external crisis be quickly investigated and Report must be reliable.
• Check to see evidence of implementation of previous exercise.

KNOWLEDGE:

•  Proficiency in Microsoft, Excel and other Microsoft office programmes
•  Knowledge of report writing skills
•  Knowledge of best practices in internal audit Knowledge of existing regulatory framework.
• Industry Knowledge for both business and financial risk.

SKILLS/COMPETENCIES

• Communication
• Human Relations skill
• Integrity
• Flair for details
• Team spirit
• Initiative
• Confident.
• Resilient