Background

Akiba Commercial Bank Plc is seeking an Internal Auditor to provide independent assurance through risk-based audits that assess the effectiveness of the Bank’s risk management, governance, internal controls, and compliance frameworks, while recommending practical improvements to strengthen the control environment and safeguard the Bank’s assets.

The Role

• Conduct risk-based and planned audits in accordance with the approved audit plan.
• Evaluate the effectiveness of internal controls, risk management, governance, accounting systems, and operational processes.
• Assess compliance with Bank policies, procedures, regulatory requirements, and applicable standards.
• Conduct spot checks and participate in special audits and investigations as assigned.
• Identify control weaknesses, risks, and root causes, and recommend practical corrective actions.
• Prepare clear, timely, and well-supported audit reports and working papers.
• Follow up on audit recommendations, including those raised by external auditors and Bank of Tanzania inspectors, to ensure timely implementation.
• Perform basic data analysis to support audit planning, risk assessment, and audit execution.
• Ensure audit assignments are properly documented and maintain adequate audit trails.
• Support the Chief Internal Auditor in strengthening the Bank’s overall control environment.

The Candidate

• Bachelor’s degree in accounting or a related field.
• CPA (T) or equivalent professional qualification.
• Relevant audit qualifications will be an added advantage.
• At least three (3) years’ relevant audit experience, preferably in banking or financial services.
• Good understanding of banking operations, risk management, internal controls, and regulatory requirements.
• Strong analytical, communication, report-writing, and interpersonal skills.
• Ability to work independently, exercise sound judgement, and handle complex assignments with minimal supervision.

• Conduct risk-based and planned audits in accordance with the approved audit plan.
• Evaluate the effectiveness of internal controls, risk management, governance, accounting systems, and operational processes.
• Assess compliance with Bank policies, procedures, regulatory requirements, and applicable standards.
• Conduct spot checks and participate in special audits and investigations as assigned.
• Identify control weaknesses, risks, and root causes, and recommend practical corrective actions.
• Prepare clear, timely, and well-supported audit reports and working papers.
• Follow up on audit recommendations, including those raised by external auditors and Bank of Tanzania inspectors, to ensure timely implementation.
• Perform basic data analysis to support audit planning, risk assessment, and audit execution.
• Ensure audit assignments are properly documented and maintain adequate audit trails.
• Support the Chief Internal Auditor in strengthening the Bank’s overall control environment.

• Strong analytical skills
• Communication skills
• Report-writing skills
• Interpersonal skills
• Ability to work independently
• Sound judgement
• Ability to handle complex assignments with minimal supervision

• Bachelor’s degree in accounting or a related field.
• CPA (T) or equivalent professional qualification.
• Relevant audit qualifications will be an added advantage.