Regional Audit Manager for Latin America and the Caribbean

This position provides leadership to the Internal Audit Function of the Vision Fund International Microfinance Offices in the region. The position has the management responsibility for ensuring that the Audit Functions perform audits that are in compliance with the Institute of Internal Auditors Standards for the Professional Practice of Internal Auditing (SPPIA) and Vision Fund’s policies and procedures. The primary purpose of the position is to assist in the establishment and management of an independent appraisal function in the VFI MFIs within the respective regions


KEY RESPONSIBILITIES:

Providing leadership to VFI Microfinance Offices Internal Audit Functions:
• Recruit, hire, train and directly supervise the VFI MFI Audit Managers in coordination with the WVI GC Audit & Evaluation Department and VFI. The MFI Audit Managers will report jointly to the RAM and the Chair of the MFI Board Audit Committee.
• Provide adequate technical oversight to VFI MFI Audit Managers and Internal Auditors in the region.
• Facilitate the understanding of the role of Internal Auditing at each VFI MFI and within the region.
• Ensure all WVI Internal Audit standards and VFI MFI policies and procedures are followed by each WV/VFI MFI within the region.
• Review VFI MFI quarterly internal audit trend reports.
• Review the Audit plan and quarterly Audit reports for each MFI prior to approval by the local boards.
• Establish communication lines with the Board Audit committees of the MFIs.

Management responsibility for Quality Assurance of Internal Audit functions:
• Schedule and plan regional audit training activities (for example on the job training followed by workshops, if applicable).
• Develop audit programmes / checklists and training materials as required.
• Provide adequate technical and other support to VFI MFI Auditors across the Region and work with offices in the region to ensure the professional development of VFI MFI Auditors.
• Ensure that each Audit Department in the region has trained and knowledgeable staff in all internal audit activities based on WV internal audit standards.
• Ensure that all audits performed in the region are selected and conducted based on risk analysis.
• Provide quarterly reports of audit results and semi-annual trends to the VFI Audit director.

Provide a consulting and support role to Regional and VFI MFI management:
• Monitor and provide advice to regional management on how to minimize significant audit risks and material administrative audit findings by supporting Regional management in identifying areas of strength/best practices as well as weaknesses/areas for improvement in each VFI MFI.
• Advise the Regional VFI Director on critical issues in MFIs.
• Provide quarterly reports of audit results and semi-annual trends to regional management as agreed.
• Network and coordinate with the WVI GC Audit & Evaluation Department and VFI Audit Director regarding audit & internal control issues.
• Coordinate special audits/investigations in the region as needed. Conduct or arrange to conduct special audits when required to do so.

Other duties:
• Attend annual WVI GC Audit Conferences as necessary.
• Maintain 80 units of qualifying continuing professional education every two years.
• Provide spiritual leadership to the auditors in the region.
• Perform any other duties assigned by the supervisor provided that they do not impair audit independence.
• Attend and participate in devotional and chapel meetings.

KNOWLEDGE, SKILLS & ABILITIES:

Required:
• Must have a university diploma or degree in accounting, auditing or similar financial qualification. A graduate degree in Accounting or Management is preferred.
• Must have at least 7 years experience in auditing (external and/or internal auditing) with audit experience of banking institution preferred.
• Current certification (Certified Public Accountant, Certified Internal Auditor or Chartered Accountant) required.
• Strong accounting and financial management skills required.
• Must be able to travel extensively within the region and internationally, approximately 25-50%.
• Must have good working knowledge of computerised accounting systems. Must be computer literate in using Microsoft Office programs.
• Must be able to work in a cross-cultural environment.

Preferred:
• Experience with non-profit organizations preferred.

Regional Audit Manager for Latin America and the Caribbean