Job Description
Company Overview:
Telekom Networks Malawi (TNM) Plc, one of the leading telecommunications companies in Malawi, is
seeking to hire a results-oriented individuals to fill the following vacant positions:
Position: Financial Auditor
Grade: C3
Reports to: Manager, Financial Audit
Location: Blantyre
Division: Internal Audit
Role Overview
The position of Financial Auditor is responsible for ensuring the accuracy, integrity, and compliance of the company’s financial operations, with a focus on risk management and operational efficiency. This role involves planning, conducting, and reporting on financial audits across various divisions, ensuring adherence to internal policies, regulatory standards, and industry best practices.
Audit Planning:
- Develop comprehensive audit plans that cover financial risks, compliance, and operational
efficiencies. - Coordinate with key departments to gather relevant financial data for audit preparation.
- Identify key focus areas, including revenue assurance, cost controls, and financial reporting
accuracy. - Conduct initial meetings with stakeholders to define objectives, scope, and expectations.
Audit Execution:
- Perform detailed audits to evaluate the effectiveness of internal controls, and compliance with laws and regulations.
- Conduct tests and gather evidence on areas such as revenue recognition, expenses, capital expenditure, and other operational areas.
- Maintain regular communication with stakeholders, providing updates on audit findings.
Audit Reporting:
- Prepare detailed audit reports with findings, including any discrepancies, risks, or areas for
improvement. - Present audit findings and recommend corrective actions to senior management.
- Follow up on implementation of audit recommendations and ensure all necessary actions are
taken. - Monitor compliance with telecommunications regulations and internal controls.
Key Performance Indicators (KPIs):
- Timeliness of Audit Completion – Percentage of audits completed within the planned timeline.
- Audit Coverage – Extent of coverage of high-risk areas such as revenue assurance, cost
management, and regulatory compliance. - Audit Quality – Effectiveness of corrective actions recommended. Feedback from stakeholders on the quality and relevance of audit findings.
- Follow-up on Recommendations – Percentage of audit recommendations followed up to confirm implementation.
- Stakeholder E ngagement – Level of engagement and satisfaction from departments audited,
measured through post-audit surveys. - Risk Reduction – Reduction in financial and operational risks due to the implementation of audit recommendations.
Qualifications:
- Bachelor’s degree in Internal Auditing, Accounting, Finance, or a related field.
- Professional certifications (e.g., CPA, CA, CIA).
- 2 – 4 years of experience in finance or audit, preferably in the telecom sector.
- Strong knowledge of Internal Audit Standards, IFRS, CAAT, and telecom regulatory requirements.
- Conversant with data analysis software (IDEA, ACL, etc.)
- Proficient in auditing methodologies, risk assessment, and financial analysis.
- Excellent analytical, communication, and report writing skills.
- Leadership ability with a focus on collaboration and problem-solving.
- High ethical standards and attention to detail. Familiarity with IT systems, procurement, and
business continuity practices.
Interested applicants should submit application letter indicating the position title in the subject line,
preferred place of operation, Curriculum vitae and copies of certificates to:
The Acting Chief Human Resources and Administration Officer
TNM Plc
5th Floor Livingstone Towers
Glyn Jones Road
P.O Box 3039
Blantyre
Email: vacancy@tnm.co.mw
Closing date for receiving applications is Tuesday 15th October 2024.
TNM Plc is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.