Senior Manager, Internal Audit (Quality Assurance & Improvement) at the African Export Import Bank (Afreximbank)

African Export Import Bank (Afreximbank) was established in Abuja, Nigeria in October, 1993 by African Governments, African private and institutional investors as well as non-African financial institutions and private investors for the purpose of financing, promoting and expanding intra-African and extra-African trade.

The Bank, headquartered in Cairo, the capital of the Arab Republic of Egypt, commenced operations on 30 September, 1994, following the signature of a Headquarters Agreement with the host Government in August, 1994. It has branch offices in Harare, Abuja and Abidjan and will open an East Africa branch office shortly.

We are recruiting to fill the position below:

Job Title: Senior Manager, Internal Audit (Quality Assurance & Improvement)

Reference ID: SM-IA-QAIP-2025
Location: Cairo, Egypt
Job type: Full-time

Job Summary

• The Senior Manager, Internal Audit (Quality Assurance & Improvement Program – QAIP) will be responsible for developing, implementing, and enhancing leading practices in Internal Audit Quality Assurance, ensuring compliance with the Institute of Internal Auditors’ (IIA) General Internal Audit Standards (GIAS), Afreximbank’s audit methodologies, and internal policies.
• This role does not involve planning, executing, or reporting on regular internal audits or special reviews, but instead focuses on audit quality assurance, process improvements, and external audit coordination.
• The ideal candidate should have extensive experience in internal audit quality assurance, risk-based assurance, process improvement, and compliance monitoring.

Key Responsibilities
Internal Audit Quality Assurance & Risk Assessment:

• Develop and implement a multi-year quality assurance plan (QA plan), including QA risk assessments and resource allocation.
• Execute quality assurance reviews to ensure adherence to IIA standards and Afreximbank policies in internal audit processes.
• Identify internal audit process improvements and implement best practices to enhance operational efficiency.

Audit Reporting & Follow-up:

• Prepare quality assurance reports with insights and recommendations for process improvement.
• Conduct follow-up reviews to assess the effectiveness of corrective actions taken.
• Maintain workpaper documentation to support audit findings and conclusions.

External Audit Coordination & Regulatory Compliance:

• Coordinate external quality assessments of the internal audit function and ensure implementation of recommendations.
• Monitor compliance with anti-money laundering (AML), anti-bribery, and corruption regulations.
• Ensure adherence to fiduciary, regulatory, and internal policies governing internal audit practices.

Stakeholder Engagement & Knowledge Sharing:

• Serve as a subject matter expert (SME) on audit quality and risk-based assurance.
• Build partnerships with external audit institutions and peer organizations to enhance internal audit quality.
• Act as an advocate for continuous improvement and transformation in internal audit methodologies.

Minimum Qualifications & Experience
Educational Qualification:

• Bachelor’s Degree in Engineering, Structural Design, Building Science, Quantity Surveying, or related fields.
• Master’s Degree in Business, Finance, or relevant Engineering fields (preferred).
• Professional certifications such as ACA, ACCA, CPA, CIA, PMP, PRINCE2 Practitioner are an added advantage.

Experience:

• Minimum 8 years of experience in internal audit, quality assurance, project audit, or risk-based assurance.
• Experience in auditing large-scale, multi-year construction and engineering projects.
• Proven expertise in compliance auditing, risk management, and contract interpretation.
• Familiarity with FIDIC model contracts, PMBOK guidelines, and financial regulations.

Technical Skills & Knowledge:

• Strong audit methodologies, risk assessment, and process improvement expertise.
• Advanced data analysis and financial modeling capabilities.
• Proficiency in auditing tools, reporting frameworks, and risk management.
• Knowledge of construction claims analysis, delay investigations, and compliance auditing.

Soft Skills:

• Excellent analytical and problem-solving skills.
• Strong communication and presentation skills, with the ability to engage senior management.
• High attention to detail in documentation and reporting.
• Ability to work independently and collaboratively in a fast-paced, multicultural environment.
• Leadership and mentoring skills to guide a team of audit professionals.

Application Closing Date
6th April, 2025.