Agave Rural Bank Job Vacancy For Head, Internal Audit



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Agave Rural Bank Auditing Jobs in Volta Region


Step-by-Step Guide to Applying for a Job

1. Read the Job Description Thoroughly

  • Patiently scroll through the job posting to understand the role, requirements, and responsibilities.
  • Highlight key qualifications, skills, and deadlines to ensure you meet the criteria.
  • Note any specific instructions (e.g., documents required, application format).

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2. Locate the Application Method

Scroll to the section labelled "How to Apply" or "Mode of Application."

Look for details such as:

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  • Required subject lines (e.g., "Application for [Job Title]").
  • Links to application forms (if applicable).

3. Prepare Your Application Documents

Curriculum Vitae (CV) / Resume: [ How to write a CV guide ]

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  • Keep it concise (1–2 pages) and error-free.

Cover Letter / Application Letter: [ How to write a Cover letter guide ]

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  • Explain why you’re a good fit, referencing the job description.
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Additional Documents:

  • Certificates, portfolios, or references if requested.

4. Follow Application Instructions Carefully

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5. Double-Check Before Submitting

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6. Post-Application Steps

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  • Follow up after 1–2 weeks if no response (politely inquire via email).
  • Avoid applying multiple times unless instructed.

This guide ensures applicants present themselves professionally and maximize their chances of success. Continue to the job description below and Good luck!

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Section/Department: HEAD OFFICE

Organizational Relationships

  • Reports to: The Audit committee of the Board
  • Responsible for the Audit in the department subordinate employees in the auditing department. This includes training employees; planning, assigning, and directing work;
  • Liaises with: Heads of other units as ICT, Risk and Credit compliances and Branch Manager to develop best practices for successful banking operations
  • Demonstrate Evidence of participation in implementation of the Strategic Plan of AgRB.

 

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Basic Functions

  • Responsible for the overall internal audit program for the bank, and operating independently of other departments.
  • Administers the Audit Policy, and coordinates the activities of the bank’s external auditors.
  • Perform other related duties as required to meet ongoing needs of the bank.
  • Set up Audit desk in all branches/agencies.

Scope and Duties and Responsibilities 

Administration

  • Develops and implements internal auditing policies, procedures, and programs.
  • Reviews of accounting procedures.
  • Advises top management and the Audit Committee of the Board  on audit  and internal control matters
  • Investigates and determines causes of irregularities and errors.
  • Verifies the existence of assets and recommends proper safeguards for their protection:
  • Follow-up on issues raised to ensure management progress actions within the agreed time scales.
  • Provides an independent challenge to the business view of risk as per the Bank’s policies.
  • Recommends corrective action and suggest improvement.
  • Supervises or conducts independent audits of bank records and activities, and prepares variance analyses of the departments and branches for management/ Board.
  • Discusses the findings of audit reviews with management on a constructive basis in order to develop the most appropriate, proportionate solutions to issues arising.
  • Investigates reported occurrences of fraud, embezzlement, theft, waste, etc.

Quality Management

  • Evaluates the adequacy of the system of internal controls.
  • Recommend improvements in controls;
  • Supervises, conducts, and reports on the testing and adequacy of the Bank’s internal controls over financial reporting.
  • To report the results of audit reviews, including management responses and proposed action plans, to the Board.
  • Surveys functions and activities in assigned areas to determine the nature of operations and the adequacy of the system of control to achieve established objectives.
  • Applies a risk-based approach to the review of the systems and controls of the Bank through the development of an annual programme of audit review work.
  • Effective implementation of audit and regulatory reports

 

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Professional Development of Management and Staff

  • Promotes the training of subordinates in the Audit department.

Research

  • Initiates and directs relevant evaluative research activities in AgRB.
  • Contributes to progress of AgRB concerning development or revision of existing policies, procedures and practices, basing all recommendations on evidence.

Management Skills

  • Accountable for the development and coordination of the Bank’s internal auditing activities.
  • Assess compliance with regulatory requirements and contractual obligations
  • Assess compliance with policies and procedures and sound business practices;
  • Review operations/programs to ascertain whether results are consistent with established objectives and whether the operations/programs are being carried out as planned;
  • Perform ad hoc investigations and reviews at the request of the Audit Committee

Miscellaneous

  • The Internal Auditor performs any other professional duties as may be assigned.

Required Skills or Experience

  • Must be a holder of Bachelor or Masters (Preferred) degree in Banking and Finance or related field from an accredited University.

Professional Experience

  • Minimum of five (5) years’ experience post-higher degree in practice in Auditing,
  • Auditing skills and a presence that command the respect of peers, with mature auditing judgment and the capacity to provide professional leadership.
  • Auditing experience to be able to set up and supervise agencies/branches with the over-sight from head office operations.
  • Proven capacity to effectively accomplish and excel expectations in respect of the duties described herein.

Specialized Knowledge

  • Adequate command of English for effective development of reports and their meaningful communication to all concerned.
  • Comprehensive knowledge of policies and procedures and Government laws and regulations on Auditing including a thorough knowledge of conflict of interest and related ethics.
  • Ability to adapt effectively to unexpected situations in AgRB.


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