VACANCY ANNOUNCEMENT

Position: Internal Auditor

Company: VisionFund Malawi

Location: Head Office, Lilongwe, Malawi

About the Company

VisionFund Malawi is a Christian owner-operated, mission-driven deposit-taking microfinance institution working with caregivers in hard-to-reach and vulnerable communities to create secure futures for children. Inspired by Christian values, we are committed to improving the well-being of children and families through sustainable financial and livelihood solutions.

We are inviting applications from suitably qualified and experienced candidates to fill the position of Internal Auditor based at our Head Office in Lilongwe.

Job Purpose

Reporting to the Internal Audit Manager, the Internal Auditor will provide independent assurance on the adequacy and effectiveness of governance, risk management, and internal controls across VisionFund Malawi's operations. The role will focus on conducting risk-based audits of branch and head office operations, with particular emphasis on finance, lending operations, compliance, operational efficiency, fraud risk management, and internal controls.

The successful candidate will help strengthen accountability, safeguard institutional assets, improve operational processes, and support compliance with regulatory requirements, internal policies, and professional auditing standards.

Key Responsibilities

• Participate in the development and execution of the Risk-Based Annual Audit Plan.
• Independently plan and execute audit assignments with minimal supervision.
• Conduct audits of finance and accounting operations, lending activities, savings operations, branch operations, cash and bank management processes, ICT systems, procurement, HR, and other operational areas.
• Review and assess the adequacy and effectiveness of accounting systems, operational controls, internal controls, and risk management processes.
• Verify the accuracy, completeness, and authenticity of financial and operational records and reports.
• Conduct branch audits, client visits, loan file reviews, and physical verification exercises.
• Perform analytical reviews and substantive testing to identify irregularities, control weaknesses, operational inefficiencies, and potential fraud indicators.
• Conduct fraud investigations and special reviews as assigned, including documenting findings and recommending corrective actions.
• Assess compliance with internal policies and procedures, applicable laws and regulations, donor requirements, and VisionFund International policies.
• Prepare audit engagement plans, audit working papers, audit findings, and audit reports in accordance with professional auditing standards and departmental procedures.
• Conduct audit exit discussions and follow up on implementation of agreed management actions.
• Provide practical recommendations aimed at strengthening internal controls, improving efficiency, and mitigating operational and financial risks.
• Utilize data analysis techniques and system-generated reports to enhance audit effectiveness and efficiency.

Minimum Qualifications and Experience

Education: Bachelor's Degree in Accounting, Finance, Internal Audit, Business Administration, or a related field. Professional qualification or progress toward ACCA, CPA, CIA, CFE, or CRMA will be an added advantage.

Experience: Minimum of three (3) years' relevant experience in internal audit, external audit, risk management, banking, or microfinance operations.

Technical Knowledge: Strong understanding of accounting principles, financial controls, lending operations, and internal control frameworks. Experience in auditing finance and accounting operations, branch operations, lending activities, savings operations, fraud investigations, or related operational processes.

Added Advantage: Experience in data analytics, IT audit, or use of audit or data analysis tools.

Skills: Strong analytical, communication, investigative, and report writing skills with a high level of integrity and professionalism. Proficiency in Microsoft Office applications.

Other Requirements: Willingness and ability to travel extensively within the country.

How to Apply

Interested candidates should submit their application letter, detailed Curriculum Vitae, copies of relevant qualifications, and names of three traceable referees to:

By Post:

The People, Culture & Administration Manager

VisionFund Malawi

Private Bag A232

Lilongwe, Malawi

By Email:

Recruitment_VFMalawi@visionfund.org

Deadline

5th June 2026

Only shortlisted candidates will be contacted.



Disclaimer

VisionFund Malawi does not charge any fees at any stage of the recruitment process and does not use agents for recruitment. Any requests for payment should be reported immediately through official VisionFund Malawi channels.

VisionFund Malawi does not use agents, nor solicit any form of payments for any application, training, interviewing, testing or any fees in connection with this recruitment. Report any acts of solicitation for payment and/or extortion to VisionFund Malawi on the Tip offs Toll Lines: 0884621623