Senior Internal Auditor at VisionFund Tanzania Microfinance Bank Ltd December, 2022


VisionFund Tanzania Microfinance Bank Ltd

Senior Internal Auditor (Investigation) at VisionFund Tanzania Microfinance Bank Ltd December, 2022

Job Description



VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) formerly known as SEDA is a fast growing and reputable Micro Finance Bank (MFB), has a loan book of TZs. 17 billion and 30,000 customer base, more that 5,000 of them being small holder farmers. VFT-MFB is seeking to employ a dynamic and committed Tanzanian young men & women who have passion for peoples economic development to fill in the vacant positions detailed here below;

Work reference no. 027/22

Position: Senior Internal Auditor (Investigation)

Reporting to: Head of Internal Audit and Investigation


  1. Support the Head of Internal Audit and Investigation in overseeing internal operating controls, processes and practices.
  2. Support the Head of Internal Audit and Investigation in managing a team of auditors and reviewing their works and providing guidance.
  • Work hand in hand with the Head of Internal Audit and Investigation validating investigations and in other advisory engagements
  1. Work hand in hand with Head of Internal Audit and Investigation to ensure compliance with Auditing standards.

Main tasks

  1. Participate in developing and preparing the Annual Audit Plan that outlines the activities to be undertaken by the Internal Audit Department during the year.
  2. Conducting objective, fair, thorough, unbiased and timely investigations into allegations of fraud, waste or abuse committed by staffs/clients/third party against VisioFund Tanzania.
  3. Making various recommendations to different departments if there are any loop holes discovered during the investigation so as to prevent misconducts, loss and also improve the systems in place (Process Improvement Memos)
  4. Work with Management to assist in the recovery of lost assets and provide independent expert reports that can be utilized in trials or by the prosecutor’s office and provide expert witness testimony at trial to support findings.
  5. Clarify all audit findings with auditees during the process of audit fieldwork to minimize discussion time in the exit conference.
  6. Assist in the execution of the external audit as well as examinations to be conducted by government regulatory agencies.
  7. Submits a written audit report to supervisor ensuring sufficiency of audit coverage.
  8. Assist Head of Internal Audit and Investigation to perform review on capital adequacy and liquidity position of the bank.


  • A bachelor’s degree in Banking and Finance, Accounting, Microfinance, Economics,
  • At least 3-year experience in accounting, finance or in Audit, or 3-5 years of experience working in a Financial Institution.
  • Knowledge of local business community
  • Planning skills, time management, Critical Thinking and Detail oriented

Special / Personal Abilities

Achieving Capabilities:

  • Achieving quality results & service. Practicing accountability & integrity. Communicating information effectively.

Thinking Capabilities:

  • Thinking clearly, deeply and broadly. Understanding the Microfinance Industry. Understanding Vision Fund mission and operations.

Self-Managing Capabilities:

  • Demonstrating Christian values in life and work. Learning for growth and development. Maintaining work/life balance and effectiveness.

Relational Capabilities:

  • Building collaborative relationships. Practicing gender and cultural diversity. Influencing individuals and groups.

About our working environment & remuneration. 

VisionFund Tanzania Microfinance Bank has a calm and harmonious working environment where staffs are highly valued. Good work is recognized and rewarded accordingly and there is an opportunity to grow professionally and spiritually.

Mode of Application:

Interested and suitably qualified individuals should forward their application letter, attaching copies of their academic and professional certificates; detailed CV’s with three referees to position should be the subject of the email application. OR through the postal address below.

The Chief Executive Officer, VisionFund Tanzania Microfinance Bank Limited

P.O. Box 1546, Arusha TANZANIA.

The application should reach the undersigned not later than 30th December 2022.

N.B.  Only short-listed candidates will be contacted


VisionFund Tanzania Microfinance Bank would like to inform the general public that it has not engaged any consultant/agent to conduct recruitment on its behalf

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