WVV MF Internal Auditor

11486-16G33003
31-Oct-18
International Role - No - Only National applicants will be considered.
1-2 Years

WORK CONTEXT / BACKGROUND:

In World Vision Vietnam, Micro finance is a specialized managed Program in close integration with Area Development Programs (ADPs)

WV Vietnam initiates Area Development Programs (ADP). ADP is a 10-15 year community development program that is an integrated approach to community development, emphasizing the process of community participation, ownership and sustainability, while addressing the macro and micro causes of poverty. WVV’s ADPs focus within one administrative district of a province which usually populated by ethnic minority people with very high rates of poverty.

Micro Finance program’s mission is to foster improvement in the quality of life among the clients in Vietnam by assisting the economically active poor and graduating the moderate and poorest of the poor into entrepreneurial skills. This will be accomplished through a sustainable Micro Finance program that provides access to loans, savings and insurance within ADPs All aspects of the services that MF program delivers are built to lead the development of appropriate models, capacities and systems for Micro enterprise development in Vietnam, resulting in sustainable economic development as part of WVI transformational development ministry throughout ADP communities.

MF Program is structured in two management levels: central office in Hanoi and branch office at provincial and/ or regional level. All direct transactions with clients including clients screening, loan processing and loan collection are carried out at communities’ level through a network of local staff.

PURPOSE OF POSITION:

To support World Vision Vietnam Micro finance Unit (MFU) in maintaining high standards of financial and operational stewardship at both the Project/branch level as well as at the National Office level.

To provide objective assurance that the organization’s control processes and risk management are adequate and functioning.

The main responsibilities include performing audits of:

  • MFU branches,

  • MFU head office

  • Grants

ROLE DIMENSION / DESCRIPTION

End Results Expected

Time Spent

Planning

Annual Audit Plan that outlines the activities to be undertaken during the year is prepared and submitted to VFI Asia Regional Audit Manager.

Audit Engagement Plan is developed and submitted to VFI Asia Regional Audit Manager for approval.

Appropriate and timely revisions are made to the Audit Manual, MFU Manuals in accordance with of Internal Auditor’s Standards changes in the VFI

10%

Audit performance and reporting

Audits of MFU head office, MFU branches, Grants as required/requested by VFI and/or MFU Management are carried out in a professional and timely manner.

Audit reports are published and submitted within the VFI standard set.

The responses of audit findings and the implementation of audit recommendation are monitored closely and effectively.

80%

Capacity Building

“Best Practices” in financial stewardship from audited projects are obtained, a database of this information and/or incorporate this in the WV Vietnam Audit Programs is maintained, and these initiatives are shared with other projects.

Training or workshops as required regarding major audit findings and issues discovered during the audit process are conducted.

10%

REQUIREMENT:

Education

- University degree in accounting, auditing, finance or business administration

  • Essential

Knowledge & Skills

- Proficiency in spoken and written English, good report writing skills

- Good command of MS Office software

- Knowledge of local business community

- Planning skills and time management skills

- Detail oriented

  • Essential

  • Essential

  • Essential

  • Essential

  • Essential

Experience

- At least 3 year experience in accounting, finance or in Audit, or 3-5 years of experience working in an MFI.

  • Essential

Work Environment

The position requires ability and willingness to travel within the country up to 70% of the time.