Job Advertisement: Manager Internal Audit
Company: First Housing Finance (Tanzania) Limited
Job Title: Manager Internal Audit
Grade: Manager
Department: Internal Audit
Reports To: Chief Executive Officer (Administratively) / Board Audit and Risk Committee (Functionally)
Company Description
First Housing Finance (Tanzania) Ltd is the leading housing finance company in Tanzania, committed to providing long-term housing solutions to citizens. As the pioneer in the Tanzanian housing finance market, we offer various mortgage products, including options for the purchase, improvement, extension, completion, and refinancing of existing homes. We aim to empower individuals and families to achieve their homeownership dreams with tailored financial products and services.
Role Purpose
The Manager of Internal Audit will play a pivotal role in supporting the Board Audit and Risk Committee, as well as relevant regulators, ensuring the quality of audit services and consultation on company-wide operations. This position is responsible for assessing the adequacy, effectiveness, and efficiency of internal controls and ongoing operations through comprehensive auditing of financial, compliance, operational, and system-oriented aspects.
Key Responsibilities
- Plan and conduct audits across all areas within the company, ensuring thorough preparation and review of audit work papers.
- Document and agree on legal responsibilities with external stakeholders, including regulators and central banks, in coordination with the Chairman of the Board Audit and Risk Committee (BARC) and the CEO.
- Develop and implement effective audit techniques and procedures, providing timely and well-documented support for audit findings.
- Uphold the Internal Audit Charter while fulfilling the responsibilities associated with the Manager Internal Audit role.
- Review and analyze the effectiveness of audit programs, recommending improvements to BARC.
- Ensure compliance with relevant legal and regulatory requirements, as well as internal policies and procedures.
- Attend regular meetings with the Bank of Tanzania, Tanzania Revenue Authority, and other regulators.
- Prepare monthly and quarterly reports for management, BARC, and regulatory bodies as required.
- Coordinate with the Committee Secretary to support BARC effectively.
- Develop a risk-based audit plan that aligns with market conditions and regulatory coverage requirements.
- Communicate audit findings and recommendations to executive management and the Audit Committee.
- Present the audit plan to First Housing management and BARC for approval, incorporating necessary adjustments based on risk assessments.
- Evaluate existing controls, identify gaps, and design policies to address weaknesses.
- Provide compliance guidance to staff and ensure the integrity of transactions reflected in general ledger accounts.
- Review financial statements prior to publication.
- Perform other duties as assigned by management or BARC.
Qualifications
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- Professional certification in Internal Audit (CIA, CPA, or equivalent).
- Must be registered as CPA PP, ACP, or equivalent.
- Proven experience in internal auditing, compliance, and risk management.
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal skills.
Equal Opportunity Employer
First Housing Finance (Tanzania) Limited is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender-balanced workforce.
How to Apply
Interested candidates are invited to submit their CV and a cover letter outlining their qualifications and relevant experience to [email protected] not later than Friday, 7th March 2025.
