Background

The Internal Auditor will be responsible for providing independent and objective assurance on the effectiveness of MBL Holdings Limited’s internal controls, governance systems, risk management processes, financial procedures, and operational activities. In the modern business environment, this role goes beyond traditional auditing. The Internal Auditor must use data analysis, digital reporting tools, risk-based audit methods, and strong investigative skills to identify weaknesses, prevent fraud, improve efficiency, and protect company assets across all branches, departments, and subsidiaries of MBL Holdings Limited.

Key Responsibilities

• Develop and execute risk-based internal audit plans across the Group.
• Review financial, operational, procurement, stock, payroll, fuel, logistics, workshop, branch, and cash management systems.
• Assess the effectiveness of internal controls and recommend improvements.
• Identify fraud risks, financial leakages, wastage, misuse of assets, and non-compliance with company policies.
• Conduct surprise audits, stock counts, cash checks, branch inspections, and process reviews.
• Review payments, invoices, receipts, reconciliations, procurement files, supplier records, and supporting documents.
• Use Excel, accounting systems, ERP reports, and digital records to analyze transactions and detect irregularities.
• Prepare professional audit reports with clear findings, risk ratings, recommendations, and action plans.
• Follow up with management to ensure audit recommendations are implemented.
• Support the development of company policies, audit checklists, control procedures, and compliance frameworks.
• Assist external auditors and provide required schedules, explanations, and documents.
• Promote accountability, transparency, cost control, and ethical conduct across the Group.

Required Qualifications

• Bachelor’s Degree in Accounting, Finance, Auditing, Business Administration, Risk Management, or a related field.
• Professional qualification such as ACCA, CIMA, CPA, CIA, or equivalent will be a strong advantage.
• Strong knowledge of internal controls, auditing standards, risk management, governance, and financial reporting.
• Knowledge of Malawi tax laws, labour laws, company compliance, and regulatory requirements will be an added advantage.

Required Experience

• Minimum of 1 to 5 years’ experience in internal audit, external audit, accounting, risk, or compliance.
• Experience in a diversified group, logistics, agriculture, fuel, trading, construction, manufacturing, or retail environment will be preferred.
• Experience with stock audits, branch audits, cash audits, procurement audits, and operational audits is highly desirable.

Key Skills and Competencies

• High integrity and professional independence.
• Excellent analytical and investigative skills.
• Strong attention to detail and accuracy.
• Excellent report-writing and presentation skills.
• Good understanding of digital accounting systems and Microsoft Excel.
• Ability to identify risks and recommend practical business solutions.
• Strong communication and interpersonal skills.
• Ability to work under pressure and travel to different company sites when required.
• Confidentiality, discipline, and strong professional judgment.

• Develop and execute risk-based internal audit plans across the Group.
• Review financial, operational, procurement, stock, payroll, fuel, logistics, workshop, branch, and cash management systems.
• Assess the effectiveness of internal controls and recommend improvements.
• Identify fraud risks, financial leakages, wastage, misuse of assets, and non-compliance with company policies.
• Conduct surprise audits, stock counts, cash checks, branch inspections, and process reviews.
• Review payments, invoices, receipts, reconciliations, procurement files, supplier records, and supporting documents.
• Use Excel, accounting systems, ERP reports, and digital records to analyze transactions and detect irregularities.
• Prepare professional audit reports with clear findings, risk ratings, recommendations, and action plans.
• Follow up with management to ensure audit recommendations are implemented.
• Support the development of company policies, audit checklists, control procedures, and compliance frameworks.
• Assist external auditors and provide required schedules, explanations, and documents.
• Promote accountability, transparency, cost control, and ethical conduct across the Group.

• High integrity and professional independence.
• Excellent analytical and investigative skills.
• Strong attention to detail and accuracy.
• Excellent report-writing and presentation skills.
• Good understanding of digital accounting systems and Microsoft Excel.
• Ability to identify risks and recommend practical business solutions.
• Strong communication and interpersonal skills.
• Ability to work under pressure and travel to different company sites when required.
• Confidentiality, discipline, and strong professional judgment.

• Bachelor’s Degree in Accounting, Finance, Auditing, Business Administration, Risk Management, or a related field.
• Professional qualification such as ACCA, CIMA, CPA, CIA, or equivalent will be a strong advantage.
• Strong knowledge of internal controls, auditing standards, risk management, governance, and financial reporting.
• Knowledge of Malawi tax laws, labour laws, company compliance, and regulatory requirements will be an added advantage.