Overview

Job Title: Internal Audit

Job location: Dar es Salaam

The Grade: Manager

Job Department: Internal Audit

First Housing Finance (Tanzania) Ltd

 

 

The Company Description:

The First Housing Finance (Tanzania) Ltd is Tanzania’s foremost home finance company, dedicated to delivering long-term housing solutions to its inhabitants. As the market pioneer in Tanzanian housing finance, we provide a wide range of mortgage solutions, including alternatives for existing property purchase, improvement, extension, completion, and refinance. We want to help individuals and families accomplish their homeownership goals through specialized financial products and services.

 

The Role Purpose:

The Manager of Internal Audit will play a critical role in assisting the Board Audit and Risk Committee, as well as relevant regulators, by guaranteeing the quality of audit services and providing input on corporate operations. This role is in charge of evaluating the adequacy, effectiveness, and efficiency of internal controls and continuing operations through a comprehensive audit of financial, compliance, operational, and system-related factors.

 

 

The key responsibilities:

  • To plan and carry out audits in all areas of the business, ensuring complete preparation and evaluation of audit work papers.
  • To document and agree on legal responsibilities with external stakeholders, including as regulators and central banks, in consultation with the Chairman of the Board Audit and Risk Committee (BARC) and the CEO.
  • Create and implement effective audit techniques and procedures, including timely and well-documented assistance for audit results.
  • Maintain the Internal Audit Charter while completing the obligations of the Manager Internal Audit job.
  • Examine and evaluate the performance of audit programs, offering improvements to BARC.
  • Maintain compliance with all applicable legal and regulatory obligations, as well as corporate policies and procedures.
  • To attend regular meetings with the Bank of Tanzania, the Tanzania Revenue Authority, and other regulatory bodies.
  • To prepare monthly and quarterly reports for management, the BARC, and regulatory authorities as needed.
  • To coordinate with the Committee Secretary to provide appropriate assistance for BARC.
  • Create a risk-based audit plan that reflects market realities and regulatory coverage needs.
  • Share audit findings and suggestions with top management and the Audit Committee.
  • To present the audit plan to First Housing management and BARC for approval, incorporating any necessary changes based on risk assessments.
  • To evaluate current controls, identify gaps, and develop policies to resolve shortcomings.
  • To provide compliance guidelines to employees and ensure the accuracy of transactions reported in general ledger accounts.
  • To review financial statements before they are published.
  • Carry out/ perform any additional duties assigned by management or BARC.

 

 

The Qualifications:

  • A bachelor’s degree in finance, accounting, business administration, or a closely related discipline.
  • A professional internal auditing certification (CIA, CPA, or similar).
  • Must be a registered CPA PP, ACP, or equivalent.
  • A proven experience in internal auditing, compliance, and risk management.
  • Excellent analytical skills and attention to detail.
  • The excellent communication and interpersonal abilities.

 

 

An Equal Opportunity Employer:

The First Housing Finance (Tanzania) Limited is an equal opportunity employer.
We are dedicated to developing a diverse atmosphere and a gender-balanced staff.

 

Mode of application:

The interested individuals should send their CV and a cover letter explaining their qualifications and relevant experience to info@firsthousing.co.tz no later than Friday, March 7, 2025.