Manager -Internal Audit

TIB Corporate Bank Limited (CBL) is a designated Commercial Bank subsidiary of TIB Development Bank limited. It was formed from the hived-off commercial banking activities of the restructured Tanzania Investment Bank Limited. The bank is fully fledged to operate as a Commercial bank, with powers to receive and accept deposits, make collections/invest, lend money and conduct any other related commercial banking services required for its primary corporate clientele and general public.
The bank hereby invites applications from suitable, qualified and skilled persons to fill the following available vacancies.
Job Vacancy: Manager -Internal Audit
Job Purpose
The Job holder will report to the Director of Internal Audit. He/she will be responsible for making sure the Audit plan is executed timely, prepare reports to Management and the Board, ensure recommendations by Internal & External Auditors and those by Regulator (BOT) are implemented and ensure ‘compliance with regulatory bodies.
Key responsibilities

• Ensure timely execution of Audit Plan as approved by the Board.
• Analyse data for evidence of deficiencies in control, duplication of effort, fraud or lack of compliance with approved management policies, procedures, laws and government regulations.
• Ensure Audit Reports and recommendations including those’ by external auditors and Bank of Tanzania (BOT) examiners are implemented.
• Conduct special audits and investigations.
• Perform any other related duties as assigned by the Director of Internal Audit.

Qualification, Knowledge and Experience

Essential

• Holder of Bachelor degree in the field of
• Accounting, Commerce Economics or related discipline from a recognized , University/Institution.
• Master’s Degree/Postgraduate qualifications will be added advantage.
• Membership of a professional accounting body – CPA, ACCA or equivalent.
• Professional certification in Auditing -Certified Internal Auditor [CIA] and Certified
• Information System Auditor (ClSA) is an added advantage.
• Prior experience in a recognized audit firm and experience in public accounting will be an added advantage.
• At least 7 years working experience, recent , three years in Internal Audit at managerial level in a bank or a financial institution.
• Excellent understanding of balance sheet and income statement and ability to analyze and interpret financial statements and make recommendations.
• Knowledge of best practices in Internal Audit including of legislation application to taxation.
• Excellent understanding of internal control system.
• Knowledge of BOT rules, regulations and reporting.

Preferred

• Excellent knowledge of risk based approach to internal auditing.
• Excellent communication, writing and presentation skills with ability to produce original well composed reports.
• Knowledge of IFRS, lAS, ISA and Bank’s financial reporting process.
• Approachable at all times for advice and guidance.
• High level of confidence and integrity.
• Ability to work independently with. minimum supervision.
• Computer literate with advanced level knowledge of Microsoft Applications (Excel,
• Word, and PowerPoint).

REMUNERATION
TIB Corporate Bank Limited offers an attractive remuneration package, career development opportunities and an excellent working environment
HOW TO APPLY:
Qualifying candidates should apply in writing to or lodge their applications at the address below, enclosing:
1.An application letter showing how they meet the post’s requirements.
2.Comprehensive curriculum Vitae.
3.Copies of relevant certificates and awards.
4.Contact address including telephone number(s) and/or email address(s) if available.
5.Names and full addresses of three referees.
Closing date is 5th October, 2015.
MANAGING DIRECTOR,’
TlB Corporate Bank Limited,
Samora Tower – 7th Floor,
Samora Avenue/Bridge Street,
P.O. Box 9102,
Dar es Salaam.
Te’l: +255 222 922333

Details Source: Daily News, 23rd September 2015