The Internal Auditor function is responsible for developing, directing, and undertaking a comprehensive internal audit, which supports improvement of the risk management of Imagine1day Ethiopia.
Whilst risk management responsibility is that of the Country Senior Management Team (SMT), she/he is the main instrument for its implementation and improvement.
Major roles and responsibilities
Objectively review an organization’s business processes
Evaluate the efficacy of risk management procedures that are currently in place
Protect against fraud and theft of the organization’s assets
Ensure that the organization is complying with relevant laws and statutes
Make recommendations on how to improve internal controls and governance processes
Analyze all accounting documentation and risks facing the organization, report them to the Country Director and provide recommendations for improvement of the risk management and overall Internal Control system.
Ensure that audits are performed with due professional care and there are credible audit observations, conclusions, and recommendations.
Strengthen the Risk Management processes in line with Imagine1day requirements through facilitation of the country risk management plan of actions, update and monitoring of the country risk register
Develop internal audit scope and audit plans
Prepare and present reports that reflect audit results and document process
Act as an objective source of independent advice to ensure validity, legality and goal achievement
Review organizational policies, identify loopholes and share risk aversion methods and cost savings
Maintain open communication with the SMT
Ensure 100% compliance with country law and organizational policies
Safeguard organizational assets and resources from misuse, abuse, theft, and negligent damage
Document process and prepare audit findings memorandum
Conduct follow up audits
Design, implement and monitoring all the processes required in the audit work (annual plan, standard working papers, reporting format and protocols) etc.
Work closely with external or visiting auditors and support their audit process.
Review the current Internal Control Systems for its effectiveness and appropriateness to achieve the Organization’s objectives and report on areas of improvement.
Monitor actions taken by management in response to audit reviews, ensuring that all agreed audit actions and recommendations are accurate and timely implemented.
Perform implementing Partner audits to ensure compliance with donor and Imagine1day’s rules and regulations.
Train Imagine1day and partner staff and management on sound internal controls and effective financial management and compliance
Verify the accuracy and completeness of all payments
Conduct performance audit by visit project sites and meeting communities
Perform all other assignments given by the Country Director
Job Requirement
Required Qualifications, Experience and Knowledge
BA degree in Accounting and Chartered Accountant (ACA, ACCA etc.)
At least 3 years’ experience in a similar role;
Fair knowledge in grants and project management.
Knowledge and use of accounting software (Preferably QuickBooks)
Skills Required:
Ability to train and mentor staff, partners and communities.
Good listening and interviewing skills.
Independence and objectivity, you should be able to work with minimum supervision
Organized, methodical and meticulous.
Good analytical and synthesis skills.
Ability to study and quickly understand new operating environment and organizational systems.
