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Internal Auditor at World Bicycle Relief

  • Full Time
  • Lilongwe
  • Salary: 00

World Bicycle Relief

About Us

World Bicycle Relief empowers communities in rural regions around the world to thrive with life-changing bicycles. We envision a world where distance is no longer a barrier to education, health services, and economic opportunity. A catalyst for change, World Bicycle Relief helps people in need realize their goals by providing a tool that will support them to access these critical services. Equipped with a purpose-designed Buffalo Bicycle from World Bicycle Relief, students, health workers and entrepreneurs in low-income regions create opportunities for themselves, their families, and entire communities.

We are a mission-driven, global not-for-profit that manages a highly refined bicycle supply chain from design through final distribution. World Bicycle Relief uses an innovative business model to create sustainable bicycle ecosystems. Through World Bicycle Relief’s 501(c)3, we provide transport solutions to those who cannot afford them, and through Buffalo Bicycle Limited, we sell the rugged Buffalo Bicycle and spare parts. Buffalo Bicycle Limited also offers users repair and maintenance services via a retail network of shops and local mechanics. WBR has distributed over 760,000 fit-for-purpose bicycles and trained 2,700+ community-based mechanics. Girls with Buffalo Bicycles are 19% less likely to drop out of school; dairy farmers earn 23% more income; and health workers reach 88% more patients.

Purpose of the job:

The Internal Auditor will support the Head – Risk & Compliance in undertaking audits of organization’s systems against applicable legislations, regulations, organization policies and procedures. He/she will assist in investigation of significant suspected fraudulent activities within the organization as well as providing feedback on reviews conducted and follow up on implementation of previous reviews.

 

Key Responsibilities:

Risk Management-

  • Identify major risks to the organization and follow up on their mitigation plan.
  • Follow up and evaluate adequacy of actions taken to implement recommendations of internal and external audits and link them to the organisation’s risk register.

Internal Controls Management

  • Review accounting systems and controls in line with updated in-country legislation.

Internal Audit (Shops)

  • Inspect and verify shop records, sales proceeds and cash management for completeness and accuracy.
  • Establish and update internal controls over various areas of operation where loopholes are noted, to prevent loss through fraud or theft.

Internal Audit

  • Prepare detailed audit plans and procedures, including identifying the scope of an audit, determining timing, and selecting resources.
  • Determine from the risk assessments the areas to be incorporated into the audit plan, considering the risk ratings, amounts involved and the previous audit report ratings.
  • Develop work plans including risk control matrices and audit programs for each assignment and submit for approval prior to commencement of work.
  • Prepare Internal Audit reports and submit recommendations according to the audit scope.
  • Ensure that supporting documents and working papers are retained and properly maintained.

External Audit preparation

  • Assist the Financial controllers in updating and maintaining the external audit preparation files.

Internal Audit

  • Perform regular cash audits of the cash custodian floats.
  • Update of organization’s internal controls and ensuring all in-country manuals are up to date.

Fraud related activities

  • Conduct fraud investigation and report all findings to the Head – Risk & Compliance and CFO for informed decision making.

Skills and Personal Attributes required:

  • Ability to work independently on assigned tasks.
  • Critical thinking and problem-solving skills
  • Strong analytical skills and high attention to detail
  • Knowledge of accounting and auditing procedures
  • Excellent written and verbal communication skills
  • High level of professionalism, confidentiality, and integrity

Qualifications and Experience:

  • Bachelor’s degree in accounting or finance
  • Ongoing Professional Accounting certification (CPA, ACCA) training with a minimum of Part 2 qualification or equivalent
  • 3-4 years working experience in an audit department.
  • Minimum of 2 years driving experience with a valid driver’s license

 

Mental Demands/Judgement and Initiative:

  • Ability to pay attention to details.
  • Ability to work with people of diverse backgrounds.

Travel Required (60% travel required)

 

Method Of Application

Interested persons to apply no later than 16th February 2024 to

https://worldbicyclerelief.bamboohr.com/careers/64?source=aWQ9MzQ%3D

Only shortlisted candidates will be contacted.

To apply for this job please visit worldbicyclerelief.bamboohr.com.