Internal Auditor

Are you a sharp evaluator of risk? Can you investigate complex situations and propose solutions? If so then you are the kind of a person this job requires.With over 4 year’s business presence in Kenya and with over 85 franchises and 95 outlets all over the country, they are looking to hire a proactive and dynamic professional to join their team as an Internal Auditor.This role will report directly to the Managing Director with dotted lines to the Finance & Audit Committee and will be based in Nairobi with average to high travel requirements.
Job Purpose/SummaryThe Internal Auditor will responsible for bringing a systematic and disciplined approach to the effectiveness of risk management, control, and governance processes. This will involve addressing inventory issues, streamlining business processes and procedures, achieving compliance to policy and tax and regular management reporting. Salary Budget : Kshs. 200-300,000 Gross Salary
Duties and Responsibilities of the Internal Auditor:
Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
Determine internal audit scope and develop annual plans
Obtain, analyse and evaluate accounting documentation, previous reports, data,flowcharts etc
Prepare and present reports that reflect audit’s results and document process
Act as an objective source of independent advice to ensure validity, legality and goalachievement
Identify loopholes and recommend risk aversion measures and cost savings
Maintain open communication with management and audit committee
Document process and prepare audit findings memorandum for effectiveimplementation
Conduct follow up audits to monitor management’s interventions
Engage to continuous knowledge development regarding sector’s rules, regulations, bestpractices, tools, techniques and performance standards
Perform regular spot and planned audits on the accounting systems and procedures forthe organization and the branches in different locations countrywide with regards to stocks
Perform routine inventory audits to verify accuracy of stock, location and quantity ascaptured on the system.
Appraise the Managing Director and the Finance and Audit committee of progressagainst specific reviews and advise expeditiously of any potential significant variationsto agreed time frames.
Work with all functions within the company to analyse and identify processimprovement opportunities in related business cycles.
Minimum Requirements for the Internal Auditor Jobs:
Bachelor’s degree in Commerce, Accounting, Finance or any other related course.
5 – 7 years of experience in audit or internal risk management within the FMCG sector
Professional qualification in CPA and Certified Internal Auditor (CIA) are highly desirable.
Proficiency in Sage evolution and accounting systems.
Proven experience in auditing inventory within the FMCG sector.
Must have an understanding of internal auditing standards and risk assessment practices.
Personal Attributes
Exhibit leadership skills needed to sell ideas and obtain management buy-in for constructive change.
Ability to work independently and provide appropriate direction
Strong analytical skills
Ability to understand complex processes, identify risks and inadequacies, controls as well as to propose practical and sustainable solutions.
Willing to travel to other business locations in the country for audit assignments.