Job Description
To oversee and administer the internal audit and risk management functions, delivering independent assurance and advisory services that strengthen governance, risk management, and internal control frameworks.
Minimum qualifications include a bachelor’s degree in a relevant field or equivalent professional experience. Proficiency in industry-standard software and tools is required. Candidates must possess strong analytical and problem-solving skills. Excellent communication and teamwork abilities are essential. Familiarity with project management methodologies is preferred. Prior experience in a similar role is highly advantageous.
Qualifications include holding a Bachelor’s Degree.
With eight years of experience in the field, candidates should possess a proven track record of delivering results in a similar role.
Oversee and execute a comprehensive range of duties, including the development and implementation of strategic plans, ensuring alignment with organizational objectives. Collaborate with cross-functional teams to streamline processes, enhance productivity, and drive sustainable growth. Monitor team performance, provide constructive feedback, and foster a culture of continuous improvement. Manage project timelines, allocate resources efficiently, and mitigate potential risks to ensure timely delivery. Additionally, maintain open communication channels to address stakeholder concerns and uphold transparency across all operations.
The incumbent will serve as the Secretary to the Audit Committee of the Board, ensuring the efficient and effective functioning of committee operations. This role will involve maintaining accurate records, preparing meeting agendas and minutes, and facilitating communication between committee members and stakeholders. Additionally, the Secretary will support the Committee Chair in coordinating activities, distributing relevant documentation, and ensuring compliance with governance policies and procedures.
Prepare and manage responses to external auditors’ Management Letters, ensuring thorough review and resolution of all identified matters within established timeframes.
Conduct special audit investigations as necessary to address specific concerns or issues that may arise.
Coordinate risk mitigation efforts and oversee the enforcement of established risk management protocols.
Foster a company-wide mindset that prioritizes risk awareness and mitigation at every level.
Compile and deliver comprehensive audit and risk reports for review by the Board of Directors.
Evaluate and oversee the execution of audit recommendations to ensure adherence to established guidelines and timelines.
Facilitate adherence to corporate governance best practices and ensure strict compliance with all applicable laws and regulations.
Develop comprehensive audit, risk management, and related policies and strategies to ensure their successful implementation.
Design and establish robust audit management systems, ensuring thorough documentation and effective implementation throughout the organization.
Plan and execute the annual audit schedule, ensuring full adherence to established timelines and methodologies.
Verify financial controls to confirm adherence to the established budget and operational plans.
Collaborate closely with external auditors to facilitate a seamless audit process, ensuring all financial records and documentation are accurate, complete, and readily available for review. Serve as the primary point of contact for auditors, addressing their inquiries promptly and providing any necessary supporting materials or explanations. Maintain clear and consistent communication throughout the audit engagement to resolve discrepancies, clarify findings, and ensure alignment with audit objectives.
A strong candidate will possess a comprehensive understanding of industry-specific principles, along with the technical expertise and interpersonal abilities necessary to excel in the role. The ideal applicant must demonstrate proficiency in key areas such as analytical thinking, problem-solving, and effective communication. Additionally, they should exhibit adaptability to evolving challenges and a commitment to continuous learning. Familiarity with relevant tools, methodologies, and best practices is essential, as is the ability to collaborate seamlessly within a team environment. Prior experience in similar functions is highly valued.
A bachelor’s degree or its equivalent in Business Management from a reputable, accredited institution is required.
A bachelor’s degree or its equivalent in Business Administration and Management with a specialization in Accounting or Finance, obtained from an accredited and recognized institution, is required.
A master’s degree in a business-related discipline is highly desirable.
Minimum eight years of direct experience within audit and risk disciplines is required, with a minimum of five years served in a leadership capacity.
Conducting audits grounded in risk assessment principles, performing evaluations to identify and mitigate potential risks while ensuring compliance with established standards and protocols. Analyzing audit findings to assess the effectiveness of risk management practices, providing recommendations to enhance controls and reduce exposure to vulnerabilities. Collaborating with stakeholders to develop and implement risk-based audit strategies, ensuring alignment with organizational objectives and regulatory requirements. Documenting audit procedures, findings, and recommendations in detailed reports, presenting insights to management for informed decision-making and continuous improvement.
Enterprise Risk Management (ERM) involves identifying, assessing, and mitigating risks across an organization to safeguard assets, ensure operational continuity, and align with strategic objectives. This role requires collaboration with senior leadership to integrate risk management frameworks, enhance decision-making processes, and comply with regulatory standards. Key responsibilities include developing risk appetite statements, conducting comprehensive risk assessments, and implementing mitigation strategies to address financial, operational, cybersecurity, and compliance risks. The ideal candidate will possess strong analytical skills, expertise in risk assessment methodologies, and the ability to communicate complex risk concepts effectively to stakeholders at all levels.
Accomplished in conducting comprehensive financial and operational audits, ensuring compliance with regulatory standards and organizational policies. Proven ability to evaluate internal controls, assess risk management strategies, and deliver actionable recommendations to enhance efficiency and accountability. Skilled in analyzing financial statements, identifying discrepancies, and verifying the accuracy of records through meticulous examination and systematic testing.
Proficient understanding of applicable regulatory frameworks is required.
Skilled in conducting IT audits and leveraging data analytics for comprehensive assessments.
Demonstrates unwavering integrity and maintains the highest ethical standards in all professional interactions and decision-making processes.
Demonstrates exceptional leadership and management capabilities, with a proven track record of guiding teams effectively and fostering a productive work environment.
Analytical proficiency and adeptness at resolving complex challenges are essential.
Proficient in delivering clear, concise, and persuasive verbal and written communications, with a strong ability to articulate ideas effectively in both individual and group settings. Skilled in designing and delivering engaging presentations tailored to diverse audiences, ensuring messages are conveyed with precision and impact.
We uphold the principles of independence and objectivity in all aspects of our operations, ensuring impartial decision-making and unbiased assessments.
Proven ability to effectively engage and collaborate with stakeholders at various organizational levels is essential. Must demonstrate proficiency in building strong relationships, understanding diverse perspectives, and ensuring alignment with business objectives. Requires excellent communication skills to convey complex ideas clearly and facilitate productive discussions.
Professionalism and unwavering integrity are fundamental principles aligned with Kenya Power Pension Fund’s core values.
Should hold certification as a Certified Internal Auditor.
Should possess membership in the Institute of Certified Public Accountants of Kenya.
Should possess membership in the Institute of Internal Auditors.
Should hold membership in the Association of Chartered Certified Accountants.
Qualifications
BA/BSc/HND , MBA/MSc/MA
Experience Required
8 years
