Duties and Responsibilities for the Audit Committee Member

• Provide strong and effective oversight of the Council’s Internal Audit function;
• Promote effective and efficient audit processes by providing an independent review of the internal audit work plans and reports;
• Evaluate internal and external audit reports and make appropriate recommendations;
• Evaluate the adequacy of the control environment to ensure high standards and functioning of the financial and non-financial internal control system;
• Ensure the integrity and transparency of the Council’s financial reporting process, and regularly undertake an independent review of the Council’s financial statements;
• Monitor the effectiveness of the Council’s performance management and performance information;
• Review the level of compliance with relevant legislative and regulatory requirements and promote a culture committed to lawful and ethical behaviour.
• Perform such other duties and responsibilities as provided under the Public Finance Management Act, 2012, the Public Finance Management Regulations, 2015 and the Audit Committee Guidelines.

Qualifications for the Audit Committee Member

• Bachelor’s degree in any of the following: -Accounting, Audit, Risk Management, Finance, Economics, Human Resource Management, Law or any other related field.
• Possession of a Master’s degree in any of the above fields will be an added advantage.
• Membership in a relevant professional body in good standing.

Experience for the Audit Committee Member

• At least seven (7) years’ professional experience in the relevant fields;
• Thorough understanding of relevant legislation, best practices and emerging issues in the relevant professional field;
• Good understanding of the Council of Governors’ mandate, public sector governance and public financial management.
• Be a person of integrity with demonstrated professional competence and strong interpersonal skills;
• Must not be an employee of the Council of Governors, and shall not have served as an employee or agent of a business organization which has carried out any business with CoG within the preceding two years.

Terms and Conditions of Service

The member of the Committee shall:

• Be appointed for a term of three (3) years, renewable for one further term subject to satisfactory performance;
• Serve on a part-time basis;
• Be paid allowances at rates determined by the Salaries and Remuneration Commission (SRC).
• Successful candidates shall be required to submit valid clearance certificates in fulfillment of the requirements of Chapter Six of the Constitution of Kenya: Ethics and Anti-Corruption Commission (EACC), Directorate of Criminal Investigations (DCI), Kenya Revenue Authority (KRA), Higher Education Loans Board (HELB), and a Credit Reference Bureau (CRB).