Job Purpose:
To establish and implement the internal audit function within the university as part of the risk management and quality assurance strategy to facilitate overall compliance with external regulations and standards and higher education best practice, internal policies and procedures and monitor the achievements of plans and benchmarks.
Main Responsibilities:
Draft the internal Audit Charter of the University in line with international standards.
Evaluate and provide reasonable assurance that risk management, control systems and governance systems are functioning as intended and will enable the university’s objectives and goals to be met.
Develop risk-based annual audit plans detailing the scope, nature, and timing of the activities.
Conduct internal audit in accordance with the approved annual plan to assess adequacy, effectiveness, and efficiency of established internal controls and procedures.
Design Internal Audit Work Programs for each assignment.
Monitor compliance with laws and regulations governing the University.
Discuss audit findings and recommendations with line managers and report significant issues to the Vice Chancellor
Prepare timely and accurate audit and risk reports with proposed action plans to Vice Chancelor and the Governing Council Audit Committee
Monitor timely implementation of the management actions recommended in audit reports.
Review the means of safeguarding assets, and on a regular basis in a reliable way verify the existence of such assets.
Keep abreast with latest developments in the higher education, audit, and accounting fields with a view to enhancing internal audit function as a key contributor to university strategy.
Develop and follow up on training of internal audit team, both internally and externally
Supervise, support and review performance of the direct reports and set measurable audit plans/targets.
Evaluate reliability of the information produced by the accounting and computerized information systems of the University. Conduct regular tests on processing to ensure accuracy, completeness, and proper authorization.
Conduct ad-hoc investigations and reviews as requested by senior management or Governing Council, and
Any other duties as assigned from time to time by the Vice Chancellor for the realization of the University objectives.
Requirements: Qualifications and Experience
Master of Business Administration or Master of Science in accounting, finance, or related field together with professional qualifications in CPA (K)/ACCA/CISA/CIA.
At least three (3) years supervisory experience in Audit with evidence of internal audit supervision assignments.
Conversant with IFRS.
Conversant with Information System Audits.
Member of a recognized accounting and/ auditing professional body.
Knowledge, Skills, and Abilities:
Investigation and probing skills
Tact, diplomacy, and flexibility in interacting with reaching and non-teaching staff and students.
Advanced computer skills: MS Office, SQL Server, Computerized accounting systems
High level of integrity & honesty, confidentiality, and maturity
Excellent oral and written communications skills, including report writing.
Attention to detail and accuracy.
Ability to make sound judgement and problem-solving. 8. Supervisory and management skills
Ability to work under duress.
Must be a committed evangelical and practicing Christian.
Applications should be emailed to job.application@aiu.ac.ke ensuring the vacancy code is in the subject. The applicant should attach, a cover letter, detailed resume, copies of academic credentials, and duly filled job application form. The deadline for application is 21st June 2024 at midnight.
Apply via :
job.application@aiu.ac.ke
