Purpose of Job

The job holder is resonsible to ensure compliance to the company operations to good corporate governance, policies, procedures, and internal control systems to minimize risk exposure and for execution of audit assignments for all lines of business

Key Responsibilities 

•  The role supports the Internal Audit Manager in assisting the Board and Executive Management to protect the assets, reputation, and sustainability of Pacis.
•  Participate in development and implementation of risk-based audit plan and budget for each financial year.
•  Prepare audit programs and deliver multiple audit assignments in accordance with the IAM methodology.
•  To understand the risk profile of the business, gain and apply extensive industry knowledge in the various business lines.
•  Provide independent opinion on risk & control environment for the various business units or processes.
•  Engage with business unit process owners to agree on audit deliverables (risk assessments, control workshops and adequacy assessments) and timeframes and issues findings in relation to work done.
•  Challenge and influence the relevant executives to improve the governance, risk and control culture.
•  Specific focus will be placed on providing assurance on management of credit, operational, liquidity, & compliance risks especially on the key line items on the financial statements.
•  Champion data analytics and continuous auditing in all assignments.
•  Check that prescribed management policies, statutory and other obligations, systems, and procedures are being correctly applied in all areas of Pacis operations.
•  Review the systems and day to day operations to ensure compliance with the policies, plans, procedures, statutory requirements, and regulations.
•  Identify weaknesses in control or measures, practices and policies that are commercially unsound, and make suggestions for improved operational efficiency.
•  Ensure audit working papers are properly prepared, referenced, reviewed, and documented systematically.
•  Maintain complete confidentiality of records and information obtained during audit jobs.
•  Review the existing internal control systems regularly to ensure security and compliance with relevant statutory requirements.
•  To carry out regular IT Systems Audit.
•  Any other duties as may be assigned from time to time.

Requirements

Qualifications:  Bachelor’s Degree in Accounting / Finance ora business-related course.

Experience:

•  2 years’ experience preferably in the financial services industry.
•  Experience in systems audit.

Knowledge

•  Understanding of insurance industry
•  Understanding IFRS
•  Understanding business audit methodologies
•  Solid knowledge of auditing standards
•  Data analytics
•  IT literate with exposure to ERPs.

Professional Qualifications

•  CPA (K) Qualification ensure compliance to the company operations to good corporate governance, policies, procedures, and internal control systems to minimize risk exposure and for execution of audit assignments for all lines of business.

Competency

•  Proven teamwork and problem-solving abilities.
•  Strong ability to work on multiple tasks or assignments.
•  Possess excellent communication skills.
•  Able to pay attention to detail.
•  Possess strong organizational skills.
•  Possess a high level of professionalism, integrity, and truthfulness in all dealings.
•  Knowledge of legal and financial systems.
•  Ability to do proper documentation; possess good record keeping ability.
•  Possession of sound independent judgment.
•  Possess strong knowledge of auditing standards, procedures, laws, rules, and regulations.
•  Possess advanced skills in computer applications like Microsoft Word, Excel, PowerPoint, and other accounting software.
•  Strong ability to work with people of diverse backgrounds.
•  Ability to make presentations to a select group within and outside the organization or company.

Key Performance Measures

•  Achievement of sound control systems to safeguard assets.
•  Execution of all assignments as per audit the plan.
•  Rate of clearance of issues.
•  Timely and quality reports.