About us:
ASA Microfinance Zambia Limited is a subsidiary of ASA International. ASA International is one of the world’s largest and fastest-growing international microfinance institutions offering socially responsible loans to unbanked, low-income female micro-entrepreneurs in Asia and Africa (“ASA International”). ASA International promotes financial inclusion and has successfully shown that access to financial services helps to reduce poverty and promotes social-economic progress for its predominantly female client base.
ASA International owns and operates microfinance institutions, including deposit-taking microfinance banks, in India, Pakistan, The Philippines, Sri Lanka, Nigeria, Ghana, Tanzania, Uganda, Kenya, Rwanda, Myanmar, Zambia, and Sierra Leone and has its head offices in Amsterdam and Dhaka.
ASA International is listed on the London stock exchange as a premium-listed company.
Increasing financial inclusion and promoting the social and economic development of our clients and their communities is at the heart of ASA International’s mission. As of 31 December 2022, the Company has 2,028 branches and a gross loan portfolio of USD 351.2 million. ASA International employs 13,600 plus staff worldwide.
Main Purpose of the Job
To assist the Head of Internal Audit in overseeing and managing the Internal Audit function, providing independent assurance to the Board of Directors and senior management on the design and operating effectiveness of controls, and supporting the implementation and execution of the enterprise's core business processes. The Deputy Head of Internal Audit plays a key leadership role in executing the audit plan, managing audit teams, and ensuring the timely delivery of high-quality audit outcomes.
Key Roles and Responsibilities
• Assist the Head of Internal Audit in developing the annual audit plan and ensure its timely execution, making recommendations on risk-based audit priorities and resource allocation.
• Lead and supervise audit engagements across various business units, ensuring that audit procedures are conducted in accordance with the Internal Audit Plan and applicable auditing standards.
• Coordinate and manage the day-to-day activities of the internal audit team including Internal Auditors, providing guidance, supervision and review of their work.
• Prepare and review audit reports, ensuring findings are clearly articulated, well-supported by evidence, and that recommendations are practical and actionable.
• Provide regular updates and progress reports to the Head of Internal Audit on the status of ongoing audit engagements, findings, and management action plan implementation.
• Assist in presenting audit reports and updates to senior management and the Board Audit and Risk Committee (ARC) as required.
• Monitor and track the implementation of audit recommendations and management action plans (MAPs), escalating overdue or inadequately addressed items to the Head of Internal Audit.
• Support the evaluation and review of the Internal Control System to ensure it is functioning as planned, and recommend modifications as required to adapt to changes in operating conditions.
• Conduct and oversee audits of financial statements to detect irregularities, misstatements, and illegal acts in the conduct of the institution's business.
• Assist in the preparation and execution of external audits and regulatory examinations conducted by government agencies, due diligence teams, and other stakeholders, and support the implementation of their recommendations.
• Support compliance monitoring activities to ensure adherence to the established risk management framework, policies, procedures, internal controls, and statutory and regulatory requirements.
• Participate in and lead special investigations, ad-hoc reviews, and unannounced visits for suspected cases of fraud and other irregularities as directed.
• Provide guidance to management and staff on internal controls, fraud prevention, financial management, and reporting.
• Contribute to the development and continuous improvement of internal audit methodologies, tools, and processes.
• Support talent development within the Internal Audit Department through mentoring, coaching, and facilitating training for audit staff.
• Perform any other duties assigned by the Head of Internal Audit or the Board Audit and Risk Committee.
Key Skills, Knowledge, Experience and Core Competencies
Skills:
• Sound independent judgement with strong analytical and problem-solving skills.
• Data analysis skills and ability to prepare concise, well-structured oral and written audit reports.
• Strong communication and interpersonal skills, with the ability to interface at all levels of the organization.
• Ability to balance the independence of the internal auditor role with the need to collaborate with management.
• Good decision-making, presentation, and organizational skills.
• Ability to manage multiple audit engagements simultaneously and meet deadlines.
• Strong leadership and team management skills.
Knowledge:
• Strong knowledge of audit practices, principles, methodologies, and tools.
• Sound understanding of risk management frameworks, internal controls, and corporate governance principles.
• Thorough knowledge of auditing standards and risk-driven audit planning techniques.
• Proficiency in Microsoft Office suite and audit management software.
• Knowledge of applicable statutory, regulatory, and compliance requirements in the financial services sector
Experience and Qualifications:
• Bachelor’s degree in accounting, Auditing, Financial Management, or a related business field.
• Full membership of ACCA, ZICA, IIA or equivalent professional body.
• A minimum of 5 years' working experience in an auditing firm or internal audit function in the Financial Services Sector, of which at least 3 years must be at a supervisory or senior audit level.
• Thorough understanding of the principles and application of good corporate governance, business and operational risk, and control processes and procedures.
Core Competencies:
• Proficiency in internal audit practices, including risk assessments and internal control evaluations.
• Understanding of Financial Services activities and overall company strategic objectives.
• Ability to provide practical, risk-based recommendations that add value to the organization.
• Integrity, objectivity, and commitment to professional ethics.
• Collaborative leadership with the ability to motivate and develop audit staff.
CLOSING DATE 22ND MAY 2026
