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| Announcement
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MADRAC-Microfinance Agency for Development and Rehabilitation of Afghan Communities invites applications from suitable candidates for the following position:
Job title: Internal Auditor
Section: Internal Audit Unit
Duty station: Kabul+Travel>
Required number: One
Nationality: Afghan
Gender: Male
Age: 25-45
Status and salary: Permanent/ with four months probation period
Closing date: 23 05 2009
Background:
MADRAC is a microfinance institution which was established in June 2005 by DACAAR with financial support from MISFA, providing financial services to the poor and vulnerable families. Having its head office in Kabul, it is operating in 12 districts of 7 provinces (Kabul,Ghazni, Logar, Kapisa, Herat, Nangarhar and Laghman provinces) through its 12 branches. It has a total of 19,000 clients as of November 2008.
Overall Responsibility:
Plans and executes various financial, compliance and operation audits in accordance with MADRAC plicies and
procedure manuals and accepted professional standards.
Specific Responsibilities::
° Develop detailed audit plans and programs;
° Evaluate and examine the adequacy and effectiveness of internal controls and system in place to protect all resources of MADRAC;
° Perform specific audit procedures and prepare work papers documenting the audit procedures performed;
° Check and investigate loan portfolio, disbursements, collection and admin fee there on and its recording cycle from source data to monthly closing report
° Attend and monitor clients at village level and report thereon;
° Calculate all financial and operational ratios relating to Microfinance as per CGAP standards and general norms and provide proper feedback with remedial corrective actions when results deviate from standards;
° Prepare comprehensive written reports elaborating audit findings, control weaknesses and observations and the remedial actions need to be taken;
° Follow up to determine adequacy of corrective actions along with recommendations for futher improvements;.
° Assist individuals who perform operational and financial activities with risk asessments and action plans in their responsibility areas to heighten awareness of major exposures, loss potenial and/or transactioanl anomalies and facilitate discussion of practical ways to manage or avoid them;
° Demonstrate high standards of conduct and ethics as well as appropriate judgment, independence and discretion;
° Provide assistance to external auditors as requested;
Develop and establish internal Audit Unit being on job for some time
° Any other special assignments and projects as may be assigned by the Director
Qualification required: MBA Finance, CAT, ACCA partly qualified, BBA/B.Com. Practical exposure with a well reputed firm of Chartered Accountants or in internal Audit Department of any Organization of repute is preferred; Experience in Microfinance is an added advantage.
Necessary Experience: at least three years overall working experience in Audit and accounts ina relatively senior position.
Other Skills: Strong Managerial and Communication skills.
Languages: Fluency in English, Pashto and Dari
Personal traits necessary: Active, Dynamic, Initiative, Diplomatic and honest.
Procedure for submission of applications:
Please submit your application with cover letter and CV to jobs@madrac.org or obtain MADRAC job application form from MADRAC offices during working hours, and submit to any MADRAC office at your convenience before 23 May 2009 only short listed candidates will be notified.
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