Internal Audit Officer

FairMoney is a pioneering mobile banking institution specializing in extending credit to emerging markets. Established in 2017, the company currently operates primarily within Nigeria, and it has secured nearly €50 million in funding from renowned global investors, including Tiger Global, DST, and Flourish Ventures.

In alignment with its vision, FairMoney is actively constructing the foremost mobile banking platform and point-of-sale (POS) solution tailored for emerging markets. The journey began with the introduction of a digital microcredit application exclusively available on Android and iOS devices. Today, FairMoney has significantly expanded its range of services, encompassing a comprehensive suite of financial products, such as current accounts, savings accounts, debit cards, and state-of-the-art POS solutions designed to meet the needs of both merchants and agents.

To gain deeper insights into FairMoney's pivotal role in reshaping Africa's financial landscape, we invite you to watch this informative video.

About This Role

 As an Internal Audit Officer, you will play a critical role in supporting the internal audit function, ensuring the organization’s operational and financial processes align with established standards and best practices. You will work closely with the Head of Internal Audit to assess risks, enhance controls, and provide valuable insights for decision-making.

Key Responsibilities

• Develop detailed audit work programs and comprehensive audit planning memoranda for each audit engagement.
• Perform audit tests of key operational and financial processes, ensuring compliance with professional standards and methodology.
• Prepare and maintain accurate working papers in alignment with established audit standards.
• Prepare and present accurate internal audit reports for review by the Head of Internal Audit.
• Conduct prepayment checks on transactions to ensure value for money on all transactions and contracts.
• Update the audit tracker based on feedback obtained from process owners.
• Assist the Head of Internal Audit in the development of the Annual Audit Plan.
• Provide support to the Head of Internal Audit in preparing presentations and reports for the Board.
• Stay updated on emerging trends and developments in auditing practices, integrating best practices into audit processes.
• Perform additional tasks and responsibilities as assigned by the Head of Internal Audit.