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Announcement of a competition to fill the vacant position of internal auditor

Announcement of a competition for the vacant position of internal auditor, approved by the Supervisory Board of the Fund

The Bussinnes Development Fund (hereinafter referred to as the Fund or BDF ) identification code 21662099 was established under the name “German-Ukrainian Fund” by Decree of the President of Ukraine No. 574/98 of June 1, 1998 and Resolution of the Cabinet of Ministers of Ukraine No. 628 of April 19, 1999. By Order of the Ministry of Finance of Ukraine No. 5 of January 11, 2020, the name of the Fund was changed to “Bussinnes Development Fund”.

The main objective of the Fund is to provide financial and other ancillary support to private entities of micro, small and medium-sized enterprises (hereinafter referred to as MSMEs) in Ukraine. The Fund achieves its main objective mainly through transactions with Ukrainian banks, non-bank financial institutions and other financial service providers or similar institutions that finance or intend to finance Ukrainian MSMEs by obtaining loans or credits for lending to MSMEs; support or intend to support access to finance for Ukrainian MSMEs through risk-sharing or risk-reduction mechanisms for other financial institutions or Ukrainian MSMEs without intermediaries; support or intend to support access to finance for Ukrainian MSMEs by providing special services or assistance to MSMEs and/or facilitating the receipt of financial support/assistance by Ukrainian MSMEs, in particular from international financial institutions and governments.

Also, to achieve the goal, the Fund provides technical assistance to partner institutions, which is directly or indirectly related to the implementation of the BDF’s tasks; implements programs of other international financial institutions aimed at supporting Ukrainian MSMEs; implements state programs and helps raise awareness of the Fund’s programs and projects.

The Fund operates on the principle of a “second-tier” financial institution, according to which financial and credit support for SMEs is provided not directly, but through partner banks, by providing loans (in euros and hryvnias) exclusively to selected banks, in accordance with the eligibility criteria defined and approved by the Fund Council for banks duly registered and operating in Ukraine, for further targeted lending to SMEs. Partner banks determine the final borrowers and assume the risks associated with the loans provided. To carry out its main activities, the Fund has the right to use funds received from Ukrainian, foreign and international sources.

Transparency of the Fund’s activities is ensured by open eligibility criteria for participation in its programs, posted for the information of MSMEs and potential partner institutions on the Fund’s own website (www.bdf.gov.ua).

Qualification requirements. The auditor must meet the following qualification and competency requirements:

  • academic: have a full higher education in accounting, economics or law (master’s degree, specialist);
  • to have deep knowledge legislative and regulatory legal acts, methodological materials related to economic and financial activities, labor, financial, tax and economic legislation; the procedure for maintaining accounting records and preparing reports, knowledge of international accounting standards; methods of analyzing economic and financial activities; rules for conducting inspections and documentary audits; conditions for taxation of legal entities and individuals; rules for organizing and conducting business; ethics of business communication; the procedure for processing financial transactions and organizing document flow; forms of accounting and reporting; rules and norms of labor protection;
  • have at least 2 years of work experience in the specialty;
  • have experience in implementing international projects financed by international financial organizations;
  • have a high level of communication and negotiation skills, writing and presentation skills;
  • personal qualities: ability to work in a team, training, mentoring and leadership skills;
  • Microsoft office suite Office ( Word , Excel , Powerpoint) Point ), have experience in using accounting applications;
  • have impeccable business reputation and have no experience of holding the positions of manager, financial director or chief accountant of a financial institution that has been declared bankrupt, subjected to compulsory liquidation, or to which a measure of influence has been applied by the relevant body regulating financial services markets, over the past five years;
  • not have a conviction for intentional crimes, crimes in the field of economic and official activities that has not been cleared or removed in accordance with the procedure established by law, and not be deprived of the right to hold certain positions and engage in certain activities;
  • be fluent in Ukrainian at level C1, C2 and have a level of English proficiency not lower than Upper – Intermediate .

Subordination: The auditor is subordinate to and accountable to the Supervisory Board of the BDF.

Auditor’s tasks and responsibilities:

  • planning internal audit (control) and drawing up annual plans for conducting internal audit (control) of the BDF;
  • implementation of tasks according to the approved plan conducting internal audits, including preparing an internal audit program, conducting internal audits , ensuring documentation of internal audit (control) results, preparing reports, conclusions and recommendations;
  • providing reports and notifications on shortcomings and risks in the activities of the BFD identified during the internal audit (control) to the BDF Council;
  • assisting government agencies in improving management systems;
  • monitoring the results of the implementation by the structural divisions of the FRP of recommendations provided based on the results of internal audit (control);
  • identifying areas of potential losses for the BDF, favorable conditions for fraud, abuse and misappropriation of BDF;
  • interaction with other departments of the BDF in the field of organizing control and monitoring of the BDF management system;
  • participation in official investigations and informing management bodies about the results of such investigations;
  • development and implementation of programs for assessing and improving the quality of internal audit (control), analysis and generalization of internal audit (control) information in order to identify achievements and measures aimed at eliminating shortcomings in this activity;
  • performing other tasks related to ensuring internal audit (control) of the management of the current activities of the BDF;
  • avoiding and preventing conflicts of interest when conducting internal audit (control), ensuring non-disclosure of restricted information (in particular, banking and commercial secrets ) obtained in connection with the performance of official duties, except for cases provided for by law.

Please, send Your CV in English and Ukrainian.

All of the above information can also be provided in electronic form to the BDF’s email address mail @bdf.gov.ua

Contacts of the Business Development Fund:

9 Instytutska St., Kyiv, 01601

tel. 044 333 43 54

mail@bdf.gov.ua

096 794 4248 Kateryna

Address for submitting documents:

7A Shovkovychna St., office 84, Kyiv, 01021

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