Internal Audit And Control Assistant

The Assistant Internal Audit and Control Officer is responsible for supporting the Internal Audit & Compliance department by assisting in conducting routine audits, verifying financial transactions, and ensuring compliance with regulatory standards within the microfinance bank. Under supervision, the incumbent will carry out daily call over of transactions across the units/processes, identifying discrepancies, assessing basic risks, and ensuring the integrity of financial reporting and operations.

Responsibilities

• Assist in overseeing and verifying the accuracy of financial transactions and records through the daily call over process
• Cross-check transaction logs and records against physical and electronic supporting documents to ensure matching details
• Properly document and maintain all audit and control worksheets, ensuring they are well-indexed and accessible for future review or external audits
• Participate in testing the effectiveness of internal controls over financial reporting, loan processing, cash handling, and field operations
• Escalate any irregularities, potential fraudulent activities, or policy violations to the supervisor with objective documentary findings
• Assist in identifying risks related to fraud, misstatements, and operational inefficiencies during regular audit routines
• Perform basic verification checks on regulatory returns compliance, including Know Your Customer (KYC) and Anti-Money Laundering (AML) documentation
• Validate daily, weekly, and monthly transactions, including spot-checking loan disbursements, savings withdrawals, and cash deposits

Requirements

• Bachelor's Degree or Higher National Diploma (HND) in Accounting, Finance, or a related discipline from a reputable institution
• At least 1-2 years of experience in internal auditing, financial verification, or accounting, ideally in the banking or microfinance sector
• Basic knowledge of auditing standards, procedures, laws, rules, and regulations
• Progression towards professional qualifications (ICAN/ACCA/CIA/CIBN/MCP) is an added advantage
• Quick learner with a solid orientation towards professional accountability