JOB SUMMARY

Responsible for providing independent and objective assurance on effectiveness of Internal controls in the company. Primary responsibilities include performing financial, Operational and process audits of the company’s business.

Reporting  to  the  Board  of  Directors  functionally  and  administratively  to  the Managing Director.

Key Responsibilities

Operational Audit

1. Coordinate timely preparation of  risk based  internal  audit work  plans  and  budget estimates  as  well  as  outlining  key  activities  to  be  undertaken  to  achieve  desired targets
2. Monitor the administration  and  use  of  internal  audit  policies  and  procedures  and make  recommendations  for  change  to  ensure  compliance  with  regulatory  and statutory requirements and best practices
3. Perform business process risk assessment and determine areas of high risk and audit focus to be incorporated in the audit plans for approval by the Audit committee
4. Execute audit plans and document audit observations findings and recommendations
5. Examine, evaluate and  report  on  the  adequacy  of  internal  controls  and  advice Management and the Board on the same
6. Conduct special audits and investigations and report on observations, finding and recommendations
7. Regularly report and update the Audit Committee on planned reviews, investigations and any other related ad-hoc activities
8. Communicate and follow reports and recommendations to ensure implementation of actions points as approved by the committee
9. Prepare comprehensive written reports
10. Perform control reviews for ICT systems security, development, maintenance, disaster recovery and other cyber security related matters
11. Evaluate ICT control  environment  with  regards  to  emerging  technologies  and recommend adequate control measures to mitigate any risk exposures

Administrative Roles

1. Offer leadership to staff in the department
2. Staff training and performance management
3. Develop and maintain relationships with key internal and external stakeholders
4. Ensure adherence to internal audit procedure manual and plans
5. Attend and participate as Secretary to the Audit Committee meetings
6. Work closely with external auditors and provide relevant support as may be required
7. Perform any other role as may be assigned from time to time

Requirements

Knowledge, Skills, Qualifications and Experience required for this Role

1. Be a holder of Bachelor’s degree in Finance, Accounting, Business Administration, Commerce or equivalent qualification from a recognized institution
2. Be a holder of CPA (K) or its equivalent
3. Be registered with  Institute  of  Certified  Public  Accountant  of  Kenya  (ICPAK), Association  of  Certified  Fraud  Examiners  (ACFE),  Institute  of  Internal  Auditors (IIA), or Information Systems Audit & Control Association (ISACA)
4. Relevant work experience of not less than five (5) years in similar position
5. Be proficient in computer applications
6. Master’s degree with a bias in Accounting or Finance will be added advantage
7. Certificate in Senior Management Course lasting not less than four (4) weeks from a recognized institution will be an added advantage

Other Requirements

1. Be a Kenyan Citizen
2. Candidates must attach a clear copy of their national identity card or valid passport.
3. Satisfy the requirements  of  Chapter  Six  of  the  Constitution  of  Kenya  2010  on Leadership and Integrity by obtaining clearance from higher education loans board (HELB),  Directorate  of  criminal  Investigation  (DCI),  Kenya  Revenue  Authority (KRA), Accredited Credit Reference Bureau (CRB), and Ethics and Anti- Corruption Commission (EACC).