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VisionFund International is dedicated to ending intergenerational poverty by providing financial products and services to vulnerable communities. As World Vision’s microfinance provider, we serve clients through loans, savings, and insurance to help families build sustainable livelihoods. We operate in 28 countries, enabling families to secure their futures and thrive.
We are looking for a Regional Audit Director (RAD) for Africa who will play a critical strategic role in executing the VFI Internal Audit department’s objectives. This role involves setting strategic goals, advising executives and leadership teams, and ensuring effective risk management, governance, and controls across 11 microfinance institutions (MFIs) in Africa.
Key Responsibilities
Strategic Leadership, Stakeholder Engagement, & Communication (35%)
- Collaborate with executive and regional leadership teams to provide strategic insights and risk management advice.
- Present quarterly audit results and strategic insights to Regional Leadership and the Audit and Risk Committee (ARC).
- Represent VFI Internal Audit in key advisory roles, forums, and ARC committees as delegated by the Global Director of Internal Audit.
- Lead and manage the MFI Internal Audit Managers (IAMs), Regional Audit Managers (RAMs), and Internal Audit teams to ensure the effectiveness of audit functions.
- Oversee the development of annual internal audit plans, ensuring approval by local and VFI ARCs.
- Develop regional talent management strategies to enhance audit staff training, recruitment, and leadership development.
Audit and Risk Management (15%)
- Ensure high-quality audit deliverables in compliance with Global Internal Audit Standards (GIAS).
- Play a leading role in rolling out VFI’s Continuous Audit Analytics model and strengthening internal audit methodologies.
- Support fraud investigations and ethics reviews, ensuring that reported cases are thoroughly assessed and resolved.
- Oversee monitoring and reporting of audit findings, ensuring effective follow-ups and risk mitigation.
Performance & Quality Assurance (15%)
- Implement a high-performance framework for internal audit teams to enhance effectiveness.
- Ensure that internal audits align with best practices, GIAS standards, and VFI Internal Audit policies.
- Drive stakeholder engagement and recommend improvements to governance, risk management, and controls.
Advisory and Continuous Improvement (15%)
- Communicate strategic audit findings to leadership teams and recommend risk mitigation strategies.
- Improve the monitoring and follow-up mechanisms for audit recommendations.
- Conduct special audit reviews and investigations as needed.
Innovation & Technology (15%)
- Promote continuous improvements in internal audit communication and methodologies.
- Lead the integration of audit analytics, data mining, and risk assessment tools.
- Collaborate with VFI leadership on organizational change initiatives and governance improvements.
Global Centre Audits (20%)
- Oversee Global Centre audits of MFIs, ensuring alignment with strategic goals.
- Conduct thematic audits and advisory reviews to assess and strengthen risk management.
- Support investigations in liaison with the VFI Investigations Director.
Required Education, Skills, and Experience
Essential Qualifications:
- Bachelor’s degree in Finance, Business Administration, Internal Audit, or related field.
- Certified Internal Auditor (CIA) or equivalent professional certification.
- At least 10 years of internal audit experience, with 5+ years at a senior leadership level.
- Strong risk-based internal audit expertise, preferably in a multinational or Big 4 firm.
- Proven executive relationship-building skills with senior leadership and Audit & Risk Committees.
- Experience in financial services, microfinance, or international NGOs.
- Ability to provide strategic leadership and stakeholder engagement.
- Excellent written and verbal communication skills in English.
- Strong business acumen and problem-solving abilities.
- Proficiency in MS Office (Excel, Word, PowerPoint, Visio).
Preferred Knowledge and Qualifications:
- Master’s degree (MBA) in Finance, Business, or Risk Management.
- Experience with Audit Software, Embedded Audit Tools, and IT Audits.
- Certified Fraud Examiner (CFE) or similar fraud investigation qualification.
- Fluency in Spanish or French is an added advantage.
- Experience in cross-cultural environments and ability to interact with diverse teams.
Travel & Work Requirements:
- Ability to work remotely or in a hybrid home/office setup.
- Willingness to travel up to 40% internationally.
Application Requirements
If you meet the above qualifications, submit your application with the following documents in one PDF document:
- Application letter
- Updated CV
- Certified copies of academic and professional certificates
- Copy of National ID or Passport
- Reference letters from relevant professional contacts
Applicant Types Accepted: Local Applicants Only
How to Apply
Interested candidates should apply before February 21, 2025 by submitting the required documents
