Job Description

Job Title:

Manager, Internal Audit & Assurance

 

Basic Salary Scale:

Ksh 150,000- 275,000 p.m

Job Specification

 

Duties and responsibilities

  1. Oversee the operations of the Internal Audit and Assurance Department;
  2. Developing and managing an integrated internal audit function covering all the areas of the operations;
  3. Reviewing and presenting to the Audit Board Committee flexible risk based annual audit plan for approval;
  4. Reviewing the governance mechanism for transparency and accountability with regard to finance and asset of the entity;
  5. Coordinating the conduct of risk based, value for money and systems audit;
  6. Preparing and submitting quarterly reports to the Chief Executive Officer and the Audit Committee summarizing the results of the audit activities;
  7. Reviewing reports of programs implemented by the Authority’s to ascertain whether results are consistent with the established strategic objectives and goals and whether the operations or programs are being carried out as planned;
  8. Reviewing the risk management systems and follow-up on implementation of the Enterprise Risk Management Framework
  9. Providing secretarial services to the Board Audit and Risk Committee;
  10. Coordinating the implementation of the annual audit plan as approved, including as appropriate any special tasks or projects requested by management and the Audit Committee;
  11. Formulating and coordinating the implementation of internal audit policies and strategies;
  12. Identifying areas that offer opportunities for improvement and make appropriate recommendations;
  13. Reviewing the effectiveness of the financial and non-financial performance management system;
  14. Facilitating the annual audit cycle by reporting to the Board Audit & Risk Committee on the effectiveness of the external audit process, review audit findings, review management’s responsiveness to audit findings and recommendation
  15. Advise management on effective cost control measures, revenue collection systems and fraud prevention measures;
  16. Carrying out special audits and investigations (ad-hoc) as may be required from time to time and submit report of findings to the Board;
  17. Ensuring maintenance of high audit standards within the unit and adherence to plans, budgets and work schedules; and
  18. Performing consulting services beyond internal audit’s assurance services to assist management in meeting its objectives.

 

 

Person Specification

 

For appointment to this grade a candidate must have: -

 

  1. At least seven (10) years’ experience, three (3) of which must be at management level.
  2. Master’s Degree in Business Administration or other related disciplines from a recognized institution.
  3. Bachelor’s Degree in Commerce, Finance, Accounts, Business Administration, or relevant qualifications from a recognized institution.
  4. CPA (K), or CIA, or Certified Chartered Accountant (ACCA), relevant qualification from a recognized institution.
  5. Must be a member with the Institute of Certified Public Accountants of Kenya (ICPAK) and Institute of Internal Auditors (IIA) in good standing.
  6. Proficiency in computer applications and Computer Aided Audit Tools (CAATs).
  7. Attended a Management course lasting not less than four (4) weeks from a recognized institution;
  8. Meet the requirements of leadership and integrity as prescribed in Chapter 6 of the constitution; and
  9. Shown merit and ability as reflected in work performance and results.

 

 


Preferred qualifications

  • Post Graduate/Masters
  • Business Management
  • Postgraduate program in management for executives(PGPX)
  • PMP
  • 10-15 years of Experince in prefered industry