Chairperson of the Audit and Risk Committee

at National Cohesion and Integration Commission
Location Nairobi, Kenya
Date Posted May 14, 2021
Category Administration
Job Type Full-time
Currency KES

Description

The NCIC is a statutory body established under the National Cohesion and Integration Act (Act No.12 of 2008). The Commission was borne out of the realization that long lasting peace, sustainable development and harmonious coexistence among Kenyans requires deliberate normative, institutional and attitudinal processes of constructing nationhood, national cohesion and integration. The Commission draws its existence from the National Dialogue and Reconciliation Agreement signed in Nairobi on 1 February, 2008 by the Government; Party of National Unity (PNU) and Orange Democratic Movement (ODM) delegations, and witnessed by H.E. Kofi A. Annan for the Panel of Eminent African Personalities. This Agreement formed the basis of the National Accord that H.E. President Mwai Kibaki and the Rt. Hon. Prime Minister Raila Amolo Odinga signed on 28 February, 2008 when the dialogue was officially launched.

Duties and Responsibilities of the Audit Committee:

The Audit and Risk Management Committee will be responsible for providing leadership in the formulation, implementation and review of Internal Audit policies, standards, guidelines and procedures in line with relevant laws and regulations. This will be to ensure that systems of internal controls and risk management are put in place and internal audit reports are reviewed.

Specifically, the Committee’s responsibilities will be to review and advice the Commission on the following:-

Financial Statement

  1.  Review the external auditors report on the financial statement and any supplementary report outlining findings, observations, recommendations, management responses and status of any action plans.
  2. Review interim financial reports with management including reports on investments, cash flow and budget versus actual income and expenditure and consider completeness.

 Risk Management and Internal Controls

  1. Review the most significant risks on management and on the scope of review by internal and external auditors that could prevent NCIC from achieving its objectives and in the light of this, consider the effectiveness of the Commission’s risk management and internal control systems, including information technology, security and control.
  2. Oversee special investigations relating to risk management, internal control and compliance as required.

Compliance and Litigation

  1.  Obtain regular updates from management regarding compliance matters and assess the effectiveness of NCIC systems for monitoring compliance
  2. Obtain regular updates from management regarding any litigation in which the Commission is engaged including assessments of contingent liabilities associated with such litigation in the event of judgments made against NCIC.

Job Specification

Chairperson of the Audit committee requirements and competencies

  • Be a Kenyan
  • Bachelor’s degree in any of the following: –Accounting, Auditing, Risk Management, Finance, Economics or accounts related field from a University recognized in Kenya;
  • Should have at least 10 years’ experience at a senior level in the private or public sector.
  • Be a member of the Institute of Certified Public Accountants of Kenya and in good
  • Be knowledgeable in risk management, audit, and accounting in the Public Service or devolved system of
  • Be a person of integrity, demonstrated professional competence and strong interpersonal Terms and Conditions of Service
  • Not a holder of a political office

Skills

The Chair of the Audit Committee should possess the following attributes

  1. Good work ethic
  2. Communication skills
  3. Interpersonal skills
  4. Organisational skills
  5. Leadership Skills
  6. Ability to work under pressure
  7. Problem solving skills

Terms of service

  • Chair of the Audit Committee shall be appointed for a term of three years on part-time basis and may be considered for re-appointment for a further one term (of three years only).
  • Chair of the Audit committee shall be paid allowances at rates determined by the Salaries and Remuneration Commission (SRC)

Requirements

Applicants are required to attach the following documents in their application:

  1. National Identity Card/Passport;
  2. Academic and professional certificates and transcripts;
  3. Any other supporting documents and testimonials; and
  4. Valid and current clearances from the following bodies:
    1. Kenya Revenue Authority;
    2. Higher Education Loans Board
    3. Ethics and Anti-corruption Commission
    4. Any of the Registered Credit Reference Bureaus
    5. Directorate of Criminal Investigations (Police Clearance Certificate).
    6. Submit recommendations from a relevant professional body

GradeNCIC-005 No Sought1Advert Ref NCIC/CAC/01/2021 Recruitment Chairperson – National Cohesion and Integration Commission Audit committee

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