Job Description
To spearhead the internal audit and risk management functions, you will deliver independent assurance and advisory services designed to strengthen governance, risk management, and internal control processes.
Minimum Qualifications include: a Bachelor’s degree in computer science, information technology, or a related field, along with three to five years of relevant professional experience. Strong proficiency in programming languages such as Java, Python, or C++ is essential, along with experience in software development methodologies and frameworks. Familiarity with database management systems and cloud computing platforms is also required. Excellent problem-solving skills, effective communication abilities, and a proven track record of delivering successful projects are necessary.
Requires a four-year undergraduate degree from an accredited institution.
With eight years of professional experience in the relevant field, you possess a comprehensive understanding of industry best practices and have honed essential skills through hands-on involvement.
Oversee and execute essential duties related to the role, including managing core functions and ensuring alignment with organizational objectives. Develop and implement strategies to enhance operational efficiency and productivity. Collaborate with cross-functional teams to foster innovation and achieve departmental goals. Monitor performance metrics to identify areas for improvement and implement corrective actions as needed. Maintain compliance with industry regulations and company policies. Provide guidance and mentorship to team members to support professional growth and development. Serve as a liaison between senior leadership and frontline staff to facilitate clear communication and alignment. Analyze data to drive informed decision-making and optimize processes.
The incumbent will serve as the Secretary to the Audit Committee of the Board, ensuring the accurate documentation and dissemination of committee proceedings. This role involves coordinating meeting schedules, preparing agendas and minutes, and facilitating effective communication among committee members and stakeholders. The Secretary will also assist in maintaining compliance with governance standards and supporting the Audit Committee in fulfilling its oversight responsibilities.
Prepare and oversee responses to Management Letters issued by external auditors to ensure accurate and timely resolution of identified issues.
As needed, oversee and manage specialized audit investigations to address specific concerns or irregularities.
Ensure the execution of risk management procedures and verify adherence to established risk management policies.
Foster a risk-conscious mindset throughout the entire organization, ensuring that risk awareness is embedded in all operations and decision-making processes.
Compose and deliver audit and risk reports to the Board for review and consideration.
Responsible for overseeing the execution of audit recommendations to ensure compliance with established standards and procedures.
Ensure adherence to corporate governance best practices and regulatory compliance across all applicable laws and regulations.
Develop comprehensive audit, risk management, and related policies and strategies while ensuring their successful implementation.
Design and establish robust audit management frameworks, ensuring comprehensive documentation and effective implementation throughout the organization.
Conduct annual audit planning and oversee its execution to ensure alignment with organizational objectives and regulatory standards.
Ensure adherence to budgetary controls by verifying compliance with the established financial parameters and ongoing plans.
Facilitate seamless communication and coordination with external auditors to ensure alignment on audit procedures, timelines, and deliverables.
A bachelor’s degree in a relevant field or equivalent professional experience is required. Familiarity with project management methodologies and tools is necessary. Strong organizational and communication skills are essential. Proficiency in data analysis and reporting is a must. Ability to work collaboratively in a team environment is crucial. Experience in a similar role is preferred. Knowledge of industry-specific regulations and standards is beneficial. Excellent problem-solving and critical-thinking abilities are required.
A bachelor’s degree or its equivalent in business management, obtained from an accredited and recognized institution, is required.
A bachelor’s degree, or its equivalent in Business Administration and Management with a specialization in Accounting or Finance, from an accredited and recognized institution is required.
A master’s degree in a business-related discipline will be considered an additional asset.
Minimum 8 years of experience in audit and risk management, with a minimum of 5 years in a leadership or supervisory capacity.
Risk-based auditing involves systematically identifying, assessing, and prioritizing risks to ensure that audit plans are aligned with an organization’s most significant threats and opportunities. This approach enables auditors to focus on high-impact areas, allocate resources efficiently, and provide strategic insights that enhance decision-making. By evaluating risk levels, auditors determine the nature, timing, and extent of audit procedures, ensuring that critical controls and processes receive appropriate scrutiny. The method supports compliance with regulatory requirements while delivering meaningful assurance to stakeholders.
Enterprise Risk Management (ERM) encompasses the strategic identification, assessment, and mitigation of risks across all organizational levels to ensure sustainable growth and resilience. This role requires a keen analytical mindset, proficiency in risk quantification methodologies, and the ability to develop comprehensive risk response strategies. Responsibilities include overseeing the enterprise-wide risk management framework, conducting thorough risk evaluations, and ensuring compliance with regulatory standards. Additionally, the position demands strong collaboration with senior leadership to integrate risk considerations into strategic decision-making and foster a culture of proactive risk awareness throughout the organization.
Proven proficiency in conducting comprehensive financial and operational audits is essential.
Proficiency in applicable regulatory frameworks is required to ensure compliance and adherence to established guidelines.
IT audit and data analytics proficiency. Strong expertise in evaluating IT controls, assessing risks, and identifying control gaps. Capable of designing and implementing robust data analytics procedures to detect anomalies, trends, and potential fraud. Proficient in utilizing advanced tools and methodologies to analyze large datasets, ensuring accuracy, integrity, and compliance with regulatory standards. Demonstrated experience in leveraging data-driven insights to enhance audit effectiveness and operational efficiency.
Maintains unwavering integrity and adheres to the highest ethical standards in all professional interactions and decision-making processes.
Exceptional ability to lead and manage teams effectively.
Analytical thinking and adept problem-solving skills are essential for this role.
Proficient in articulating ideas clearly and delivering compelling presentations with confidence and precision.
Independence and impartiality are paramount, requiring the ability to perform duties without undue influence or bias. Objectivity must be maintained at all times, ensuring decisions and evaluations are based solely on facts, data, and established criteria. Strict adherence to ethical guidelines and organizational policies is essential to uphold these principles. The role demands a commitment to transparency and accountability, fostering trust and credibility in all professional interactions and assessments.
Proven ability to effectively engage and collaborate with key stakeholders across diverse organizational levels, ensuring alignment with strategic objectives and fostering productive partnerships to drive successful project outcomes.
Professional excellence and adherence to ethical standards are integral to our alignment with the values upheld by the Kenya Power Pension Fund.
A Certified Internal Auditor membership is required for this role.
A requirement includes active membership in the Institute of Certified Public Accountants of Kenya.
A candidate must be affiliated with the Institute of Internal Auditors.
As a candidate, you must hold membership with the Association of Chartered Certified Accountants.
Qualifications
BA/BSc/HND , MBA/MSc/MA
Experience Required
8 years
