Head of Internal Audit at ASA International (Rwanda) Plc: (Deadline 24 January 2024)
Position title: Head of Internal Audit
Date: 17th January 2024
Work base: Head Office
Reporting to: ASAI Holding (Direct Supervisor) through Managing Director
Expected starting date: Any time
Employment Contract type: Open-ended contract.
About the ASA International (Rwanda) Plc:
ASA International (Rwanda) Plc (subsequently referred to as “ASA Rwanda”) is a for-profit, deposit taking Microfinance Institution licensed by National Bank of Rwanda and incorporated under The Companies Act, No.103495622 in Rwanda in 2014 and started operations in 2016, currently serving small business in 30 branches across the country. ASA Rwanda is a subsidiary of ASA International listed on London Stock Exchange, one of the world’s largest international Microfinance institutions in the world operating in 13 countries in Africa and Asia.
Vision: Reduce poverty by improving the lives of the underprivileged with a key focus on female entrepreneurs.
Mission: We have a strong commitment to financial inclusion and socioeconomic progress.
Objective: Providing Microfinance loans for business purpose to low-income entrepreneurs with an objective of improving financial inclusion and realize socioeconomic progress. Our loans provide an alternative to low income entrepreneurs without access to credit from traditional banks. We provide these loans using the ASA Model.
a. Function summary
As a financial company and ASA international (Rwanda) plc is mostly engaged to work for the low income people of the country and as long as there is a possibility of financial irregularities in the activities, the company created a department/position to work to prevent any sorts of misappropriation.
b. Duties and Responsibilities
- Assist Head of Group Internal Audit in developing & planning risk based annual audit plan
- Assist HGIA in analyzing and interpreting risk assessment conducted
- Review and analyze the risk based Internal Audit Reporting of All entities and provide adequate comments wherever required.
- Monitor and track the open audit issues and coordinate with key stakeholders for timely closure
- Maintain high quality standards while managing risk-based audit framework and process flow
- Excellent communication skills to manage entity level auditors over online.
- Ability to work in the team and deliver audit assignments within deadlines
- Ability to lead an audit and independently work with the team to finish an audit assignment within the timeline
- Have sound knowledge about auditing and accounting standards, international auditing methodology, regulatory guidelines etc
- Perform any other task/assignment given time to time by Head of Group Internal Audit.
c. Education
- Bachelor degree in Finance, accounting or Management with Professional qualification in accounting or internal auditing or risk management (e.g. ACCA, ACA, CIA or other equivalent locally accredited one),
- MBA/Masters in Accounting or in other relevant subjects will be an advantage
d. Requirements – Skills, Knowledge, Abilities – for Head of Internal Audit
- Being Rwandan by nationality;
- Substantial experience in internal auditing and risk management, at least 5 years with independent mindset, which should be at a managerial level in a sizeable organization or public sector
- Minimum 2 years of audit team leading (as Head of Audit) experience along with workpaper preparation, audit report writing, presentation skills and sound interpersonal skills,
- Speak and write correct English and Kinyarwanda
- Extensive computer literacy in Microsoft Word and Excel, PowerPoint, outlook, etc.
- Having 2-3 years of relevant industry experience & conversant with Audit Software, data analytics tool (e.g., Python, R programming) are preferred.
- Be ready to work or travel anywhere in the country where ASA International (Rwanda) Plc has branches;
- Willing to work under pressure and ready to complete necessary jobs on time
Salary & Benefits:
- Competitive salary
- In-house Medical Insurance covering him/her and legal dependents as company policy
- Communication allowances as per company policy
- Monitoring allowance as per company policy
- Annual Salary Increment as per company policy
- Festival Allowance as per company policy
e. Application process
Cover Letter included the candidate’s expected salary; Detailed CV; copy of Degree; Work certificates from previous employers; any other document that may prove a candidate’s competency to the post; Copy of ID Card.
Applications should be addressed to the Managing Director of ASA International (RWANDA) Plc located in KIGALI City, GASABO District, Plot No. – 95, NTORA Village, KG 784 St. RUHANGO Cell, Gisozi Sector, Kigali, Rwanda
Online Application to be sent to asarecruitment@asarwanda.rw with subject line mentioning Head of Internal Audit. Submission of Application should be before 24th January 2024 at 5:00 PM. Please note that only candidates with the needed qualifications and relevant experience will be shortlisted. If you do not hear from us in 2 weeks after the deadline, know that you are not meeting our requirements.
ASA International aims to attract and select a diverse workforce, ensuring equal opportunity to everyone, irrespective of race, age, gender, class, ethnicity, disability, location, and religion. Qualified women are particularly encouraged to apply.
Done at Kigali on 17th January 2024
Signed and approved by:
Md. Jamilur Rahman Chowdhury
Managing Director,
ASA International (Rwanda) Plc
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