Internal Auditor at Baobab microfinance bank (YABA)

Baobab microfinance bank

Baobab is a leading investment company focused on creating a network of top microfinance banks and financial institutions across 15 countries. Our mission is to provide financial services and savings products to entrepreneurs who are underserved by traditional financial systems. Established in 2005 by PlaNet Finance and backed by prominent investors like the International Finance Corporation, AXA Belgium, and Societe Generale, Baobab is dedicated to expanding access to financial services in emerging markets.

We are now looking to expand our team and are hiring for the position of Internal Auditor.

Location: Yaba, Lagos

Employment Type: Full-time

Key Responsibilities

  • Conduct comprehensive risk assessments to identify significant business risks and controls.
  • Develop and update audit programs based on changing risks and business needs.
  • Execute audit engagements in alignment with professional standards and best practices.
  • Assess fraud risks in control systems and design audit procedures to evaluate potential fraud.
  • Review audit working papers to ensure clear documentation of information, analyses, and conclusions.
  • Evaluate the reliability and relevance of audit evidence to substantiate findings.
  • Perform root cause analysis, provide preliminary findings, and suggest solutions to mitigate risks and enhance operations.
  • Present audit findings to process owners and create detailed, high-quality audit reports.
  • Assess the efficiency and effectiveness of internal control systems.
  • Monitor the implementation of audit recommendations to ensure compliance and improvements.
  • Collaborate as a team member and contribute effectively to audit assignments.
  • Foster a spirit of teamwork, support colleagues, and ensure commitment to team objectives.
  • Perform additional duties as directed by the Chief Internal Audit Officer.

Education & Experience

  • A Bachelor’s Degree in Accounting, Finance, or a related field.
  • Professional certifications such as ACCA, ACA, or CIA will be an added advantage.
  • At least 2 years of auditing experience, preferably in an external audit firm.
  • Proven experience conducting finance-related audits.
  • Strong understanding of financial regulations, operational environments, and internal control systems.
  • Fluency in English.

Required Skills & Competencies

  • High integrity, objectivity, and professionalism.
  • Strong accountability and responsibility.
  • Excellent analytical and critical thinking abilities.
  • Strong written and verbal communication skills.
  • Effective interpersonal and teamwork capabilities.
  • Ability to work independently and manage multiple tasks efficiently.
  • Proficiency in Microsoft Office and audit-related software.

Application Deadline
21st April, 2025.

How to Apply
Interested candidates who meet the qualifications should send their CV with the Job Title as the subject of the email. Kindly copy [email protected].

Only shortlisted candidates will be contacted.

To apply for this job email your details to ng.recruitment@baobabgroup.com

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