Internal Auditor

VACANCY ANNOUNCEMENT@ NICO HOLDINGS PLC

POSITION: INTERNAL AUDITOR

Location: Blantyre

OVERVIEW

NICO Holdings Plc, a leading financial services company, invites applications from

suitably qualified individuals to fill the following position:

INTERNAL AUDITOR

Reporting Structure:

• Direct Report: Reports directly to the Internal Audit Manager

• Escalation Line: Head of Internal Audit

Job Purpose

Reporting directly to the Internal Audit Manager, the Internal Auditor will strengthen the NICO Group's ability to create, protect, and sustain value by providing the Board and Management with independent, risk-based, and objective assurance, advice, insight, and foresight regarding the effectiveness of risk management, control, and governance processes. The role holder will be responsible for the timely execution of fieldwork testing and individual audit assignments within the approved annual internal audit plan. Additionally, the Internal Auditor will actively participate in the development of individual audit engagement scopes.

Minimum Qualification and Experience Required

• Bachelor's degree in Auditing, Accounting, Finance or a related field or a professional qualification in accounting or auditing: Certified Internal Auditor (CIA), Association of Chartered Certified Accountants (ACCA), Chartered Institute of Management Accountants (CIMA), Certified Public Accountant (CPA).

• Minimum of 3 years' practical working experience in internal or external audits that include performing audits in multi-cultural environment. Those with insurance background will have an added advantage.

• Location: Blantyre

Skills and Competencies Required

• Excellent oral and written communication skills with the ability to discuss audit observations clearly with operational process owners.

• Solid understanding of the financial services industry, with specific knowledge of Insurance, Pension, and Asset Management operations.

• Strong analytical skills with the practical ability to leverage data analytics tools (e.g., ACL, Excel) to test data.

• Proficiency navigating modern Audit Management Systems and direct experience with TeamMate is an added advantage.

• High level of professional skepticism, strong organizational skills, and the capability to execute audit programs with minimal day-to-day supervision.

• Ability to operate effectively within cross-functional and cross-border team environments across the Group.

• Strong capability to produce clear, concise, and structured audit working papers that support audit findings.

Duties & Responsibilities

• Executes detailed audit testing procedures and fieldwork steps for assigned areas in accordance with the audit program.

• Prepares clear, structured, and comprehensive audit working papers that fully document test results and align with the Global Internal Audit Standards.

• Performs data analytics using ACL or Excel on investments, premium, claims, and underwriting datasets to identify anomalies or process exceptions.

• Identifies internal control gaps, operational inefficiencies, and financial leakages during daily fieldwork testing.

• Drafts concise initial audit findings and recommendations, clearly outlining the root cause, operational risk, and financial impact.

• Discusses initial audit observations with operational business-unit process owners to verify facts and clear potential misunderstandings.

• Conducts follow-up testing on previously issued audit recommendations to verify that management actions have been effectively implemented.

• Maintains electronic audit files within TeamMate+ ensuring that all evidence gathered is properly cross-referenced and securely stored.

• Participates actively in daily and weekly team operational meetings to report on individual testing progress and escalate bottlenecks.

• Assists the Internal Audit Manager in developing the scope and risk-control matrices for individual audit assignments.

• Supports the team during special investigations or management-requested reviews by executing targeted substantive testing protocols.

• Adheres strictly to the Group Internal Audit Manual, NICO Group methodologies, and the Global Internal Audit Standards during all engagements.

How to Apply

For those that meet the above requirements kindly send your combined application letter and CV in pdf to the email address below (one combined document) with three referees to:

Closing Date for receiving application: 16th August 2026

Group Head of People and Culture

NICO Holdings Plc

P.O. Box 501

BLANTYRE

Or email: recruitments@nicomw.com