Applications are invited from qualified persons for the above vacant position.
Minimum Qualification : Bachelor
Experience Level : Mid level
Experience Length : 5 years
Gross Salary : Very Competitive,
Analyze data to substantiate any deficiencies in controls, excessive expenses and duplication of effort, fraud and lack of compliance with laws, regulations and management policies and procedures
Prepare reports for management and the Audit and Risk Committee clearly describing the key findings and practical recommendations for improvement
Coordinate the implementation of internal audit strategies, policies and procedures
Facilitate regional and branch audits to ensure operations are in line with the company policies
Verify documentation and review of existing accounting, administrative and internal control systems and make the appropriate recommendations for improvement.
This covers the entire company operations and calls for thorough understanding of all operations;
Formulate and implement Internal Audit policies and operations manuals.
Ensure detailed audit tests are performed on all the company’s operations based on Standard audit programs in accordance with the approved annual audit plan.
This includes recommendations to improve efficiency. The job holder may change the scope of the audit if actual circumstances in the field so demand
Maintain adequate and properly documented audits performed and evidence in the Internal Audit systems
Assess the Audited department's primary operational and financial risks and develop strategies to manage these areas
Work with the different stakeholders and provide feedback to staff on performance of each audit assignment
Develop and implement the performance management plan and cycle for team members as provisioned by HR
Schedule and assign work to the audit team estimating resource needs
Verify compliance with all the relevant legislation and regulatory requirement. This calls for regular updates with all the relevant legislation and statutory requirements affecting the company
Attend and participate in the Management meetings to enhance understanding of the company’s operations
Deliver on performance requirements as defined in the departments’ strategy.
Set up functions of internal controls and regulations in accordance with the International Audit Standards.
Initiate the development and implementation of Audit and Risk Mitigation Plans approved by the Council.
Assist the management to develop and implement Risk Management Policies and procedures.
Advice management on policies related to internal controls, financial accounting and administration.
Establish a mechanism for fraud detection, prevention and elimination for manual and computerized processes.
Establish an administrative framework for compliance with Legal and Statutory requirements.
Undertake continuous monitoring and evaluation of institutional projects and programs
Provide leadership to internal audit staff.
Prepare and table periodic audit reports before the Council and its committees and perform such other duties as required from time to time.
Relevant Bachelor’s degree.
Must be a CPA(K) finalist.
MUST have at least 5 years of prior working experience as an Internal Auditor.
Possess an eye for detail in reporting of financial audits in the interest of the organization.
Hands-on experience in dealing with financial issues in every department in the company.
Have in-depth knowledge about accounting.
Comply with the targets assigned in a timely and accurate manner.
Effective time management skills to meet deadlines