Internal Audit Advisor for Microfinance Institution Volunteer Job Vacancy in Malawi

Our partner is a microfinance institution which provides small, low interest rate loans in order to enable individuals in Africa to start their own businesses and create sustainable livelihoods.
A volunteer internal audit advisor is required for 3+ months to improve the organisation’s audit procedures. Accommodation with other staff will be provided by the organisation, along with breakfast and dinner.

Job Description
To familiarise with, assess and advise on improvements to the existing internal audit planning, processes, procedures and reporting standards for the organisation in Malawi in order to improve relevance, efficiency and effectiveness of internal auditing, transparency and usability of reports.

Expected activities:

• Working closely with internal audit manager to construct SWOT analysis of the department, processes, procedures and reports.
• Extended field trips with internal audit manager and loan officers to visits branches and client groups
• Review of current procedures and coverage of internal audit; identification of gaps, inefficiencies, wasted time and resources, objectivity, transparency etc
• Identify key risks; design and implement appropriate audit test to mitigate and monitor those highlighted
• Review of current reporting format and procedures

Person Specification
Essential

• ACA or equivalent qualified
• Extensive experience of internal/external audit
• Experience and an eye for improving process and procedural change
• Demonstrable attention to detail
• Demonstrable ability to adapt to change and difficult working environments; must be flexible
• Ability to develop strong working relationships quickly and across cultural boundaries; a people person

Desirable

• Experience working in Malawi (or other African countries)
• Strong understanding of microfinance processes and procedures and internationally recognised standards

Other Information
The project requires a commitment to spending 3 months in Kasungu, Malawi (with travel to other branches); a quiet rural town with limited amenities (though less than 2hrs from the lake in one direction and the capital in another).
The organisation will provide transport to and from the airport, work related travel costs when in country and accommodation in a comfortable guesthouse, regularly frequented by the organisation’s staff, breakfast and dinner each evening.
Please bear in mind that if you feel this role is not quite right for you, we have hundreds more opportunities across Africa, Asia and South America.
Assignments can last from 2 weeks to 12+ months.
Accounting for International Development (AfID) arranges tailored voluntary placements for accountants in overseas charities such as orphanages, microfinance institutions, health centres, rural schools and International NGOs.

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For more information please visit our website www.afid.org.uk,  contact us on +44 (0) 207 559 1422 or email info@afid.org.uk