The position is charged with key responsibility of providing leadership in ensuring operational compliance to established processes, procedures and internal controls systems that will safeguard the Corporation’s investment portfolio, asset base and capability to deliver services in the most efficient, effective and profitable manner.
The Manager, Internal Audit will report functionally to the Board and administratively to the Executive Director.
In addition, she/he shall be directly responsible for Audit teams and other staff within the Audit function.
Key Duties and Responsibilities
Develop Internal Audit framework, policies and operating procedures;
Evaluate and advise on the effectiveness of the Corporation’s risk management framework;
Review and assess operational, financial and management reports, systems, policies and guidelines and recommend improvements;
Ensure appropriate technical advice and support and quality assurance is provided to the Board, senior management teams and the Corporation as a whole;
Conduct independent appraisal of the Corporation’s activities, functions and operations in order to ensure internal control frameworks are ¡n place and operating efficiently;
Lead and carry out special investigations on any suspected fraudulent and corrupt activities, carry out systems audits and unplanned internal audit work;
Prepare timely and accurate audit reports for presentation to the Senior Management and Audit Committee of the Board;
Follow up to ensure implementation of Audit recommendations, analyze the impact and confirm compliance with statutes, regulations and government guidelines;
Assess compliance with Acts, regulations and guidelines;
Develop, train, coach, motivate and evaluate functional staff to achieve their highest levels of performance;
Coordinate audit assignments with external auditors; and
Identify, implement and benchmark best practices in internal audit management.
Qualifications and Experience
The ideal candidate must have:
Served ¡n the grade of Assistant Manager, Internal Audit for a minimum period of three (3) years
OR
At least ten (10) years’ relevant work experience in a Financial Institution either in public or private sector;
A Bachelor’s degree in any of the following disciplines: – Commerce (Accounting option); Commerce (Finance option); Business Administration (Accounting option) or equivalent qualification from a recognized institution;
A Master’s degree in any of the following disciplines: – Commerce (Accounting option); Commerce (Finance option); Business Administration (Accounting option) or equivalent qualification from a recognized institution;
Part III of the Certified Public Accountants (CPA) Examination or Part III of the Association of Certified Chartered Accountants (ACCA) or equivalent qualification from a recognized institution;
A Certified Information Systems Auditor (C.I.S.A);
Registered with the Institute of Certified Public Accountants of Kenya (ICPAK);
A Management Course lasting not less than four (4) weeks from a recognized institution;
Shown merit and ability as reflected in work performance and results.
The right candidate must be compliant with Chapter Six of the Constitution of Kenya 2010 on leadership and integrity.
All applicants must submit certified copies of the clearance certificates from the following Institutions:
Directorate of Criminal Investigations;
Higher Education Loans Board;
Kenya Revenue Authority;
Ethics and Anti-Corruption Commission;
Credit Reference Bureau.
