Internal Auditor

Shibani Finance Co Ltd (SFMC) is a private company, incorporated in Mauritius. The main activities of the company consist essentially in the trading of foreign currencies in Notes, Telegraphic Transfer in all major currencies and global money transfer services with Western Union. There is an extensive network of retail branches throughout the island.

The ideal candidate will be an integral member of our oversight team, the role primarily revolves around evaluating and improving the effectiveness of risk management, control, and governance processes. Your insights and expertise will be crucial in ensuring that our institution operates with the highest standards of integrity and regulatory compliance.

Responsibilities

(a) To carry out regular checks to ensure that all transactions are properly recorded on the operational system and are reflected on the accounting system

(b) To carry out regular and surprise checks at branch level to confirm transactional efficiency .To initiate investigations when necessary

(c) To perform regular reviews to evaluate the adequacy of implementation of the company’s overall AML/CFT policies, procedures and internal control systems to establish its effectiveness.

(d) To recommend corrective measures for weaknesses identified in policies and procedures and ensure timely follow-up actions.

(e) To ensure timely follow-up actions on recommendations made by the external auditor and the Regulator to the company and provide assurance to the board sub-committees that the recommendations have been satisfactorily addressed.

(f) To maintain proper documentation of all internal audit works carried out and make it available upon request by the Audit Committee, the External Auditors and the Regulator.

(g) To submit to Management and to the Audit Committee internal audit reports documenting all deficiencies noted with recommendations for corrective action.

(h) To review the internal control system in place in the accounts department to give assurance to the Audit Committee and management that proper segregation of duties and responsibilities are in place.

Knowledge & Experience

• Higher School Certificate
• Degree in Accounting or Finance
• ACCA Level 2
• 4 years in auditing
• Excellent Communication skills (both written and spoken) in English and French.
• Team player
• Ability to analyze and solve problems.
• Organized and meticulous.
• Ability to work under pressure,
• Dynamic and motivated with high integrity and professionalism
• Holder of a valid driving license.