Internal Audit Manager Job at Britam Insurance

Vacancy: Internal Audit Manager (Re-Advertisement)
Employer: Britam Insurance Tanzania Limited
Location: Dar es Salaam, Tanzania
Job Type: Full-time (Permanent)
Job Posting Date: November 28, 2024
Application Deadline: December 10, 2024

Job Purpose:
The Internal Audit Manager is responsible for coordinating and conducting audits to evaluate the effectiveness of internal controls, based on an approved annual risk-based audit plan. This includes ensuring compliance with regulatory and supervisory requirements.

Key Responsibilities:

1. Develop detailed audit programs, focusing on potential risk areas.
2. Prepare and present audit reports to management and the Board Audit & Risk Committee, highlighting key findings and recommendations.
3. Implement internal audit strategies, policies, and procedures.
4. Facilitate branch audits to ensure operations align with Britam Tanzania policies.
5. Verify and review accounting, administrative, and internal control systems, recommending improvements.
6. Formulate and implement Internal Audit policies and procedures.
7. Conduct detailed audit tests on company operations as per the approved annual audit plan, recommending efficiency improvements.
8. Maintain comprehensive and properly documented audit evidence in the Internal Audit systems.
9. Assess operational and financial risks in audited departments and develop mitigation strategies.
10. Provide performance feedback to staff on completed audit assignments.
11. Develop and implement performance management plans for team members (if applicable).
12. Schedule and assign work, estimating resource needs for the audit team.
13. Verify compliance with legislation and regulatory requirements, staying updated on relevant statutory provisions.
14. Participate in management meetings to understand Britam Tanzania’s operations better.
15. Achieve departmental and personal performance targets in line with strategy maps and scorecards.

Qualifications and Experience:

• Education:
  • Bachelor’s Degree in Finance, Accounting, or a related field.
  • MBA is an added advantage.
• Professional Certifications:
  • CPA (T), ACCA, CISA, CFA, or equivalent.
• Experience:
  • 7–10 years of relevant experience, with 4–5 years in a managerial role in a busy environment.

Technical/Functional Competencies:

• Strong knowledge of internal audit procedures.
• Ability to write and develop detailed reports.
• Strategic decision-making skills.
• High ethical and moral standards.
• Self-motivated with a drive for excellence.

Work Schedule:

• Day job with a full-time contract.

Number of Openings:

• 1

How to Apply:
Submit your application before December 10, 2024, ensuring you meet the qualifications and experience requirements.

CLICK HERE TO APPLY

This role is an exciting opportunity to shape and improve internal control processes at Britam Insurance Tanzania Limited. Be part of a team committed to excellence and operational integrity!