Background
DCB Commercial Bank PLC is a fully-fledged retail and commercial bank in Tanzania. The bank offers banking services to Individuals, Microfinance, Small to Medium sized Businesses (MSME), as well as large corporate cli- ents. DCB Bank has a wide branch network of over 9 branches, over 700 DCB Agents, and over 280 Umoja switch ATMs serving over 3 million customers across the country.
We are currently seeking qualified candidate to fill the role of Internal Auditor. The successful candidate will be responsible for assessing and evaluating the effectiveness of internal controls, risk management systems and financial reporting processes within the company and conduct thorough financial audits, analyse data, identify discrepancies and provide recommendations for process improvements.
Key Responsibilities
- Participate in opening meetings with client to provide an overview of the audit process. Develop a thorough understanding of business processes in scope for assigned audits and document the processes in flowcharts and/or process narratives.
- Identify and document inherent risks and controls within the business processes.
- Assist the Audit Manager to identify risks and data analytics requirements for engagements. Develop a risk-based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and DCB internal audit methodology. Perform audit tests and prepare working papers in accordance with professional IIA standards and IA methodology.
- Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives.
- Identify and document control and process weaknesses in the audit system and provide evidential support for findings.
- Propose practical and value-added recommendations to address control weaknesses and/or process inefficiencies.
- Organize and reference work papers for review by Internal Audit Manager.
- Participate in preliminary meetings with client at the end of fieldwork, providing clear explanations for identified issues.
- Assist in the preparation of a concise and informative audit report.
Qualifications and Experience
- Bachelor's degree or equivalent in Science, Finance, Accounting, ICT or related.
- Professional qualification such as CPA, ACCA CIA, CISA, with 1-2 years working experience is an added advantage.
- Excellent communication skills.
- Analytical and attentive to details.
If you believe you are the right candidate for this position, kindly submit your application with a detailed CV, photocopies of academic certificate, and names of three referees with their contacts, quoting reference number DCB-IAO-02/2024 on the subject of the email. To be considered, your application MUST be submitted through recruitment@dcb.co.tz not later than 09th March 2024. Hard copy applications will not be accepted.
