Job Description

The Internal Audit Associate will be accountable for the examination and evaluation of Username’s processes, preparing and reporting findings back to Board Committee, recommending possible improvements and corrections, and providing independent assurance of compliance with statutory requirements, policies and procedures in line with local and global standards and the organization’s policies and procedures.

Duties and Responsibilities

• Develop and facilitate implementation of Internal Audit policies and procedures for the organization.
• Obtain a detailed understanding of company’s operations, environment including internal controls surrounding business processes and develop or update audit program for audit execution.
• Examine records, reports, operating practices and documentation to ensure compliance with the established internal control procedures.
• Provide technical support in revision of operations, accounting, and procurement, HR Manuals in order to adhere to company policy, statutory compliance and reporting requirements.
• Liaise with all departments in reviewing systems and establishing controls and procedures.
• Monitor of all control procedures and processes to ensure compliance with policy, statutory and reporting requirements.
• Regularly inspect company records and transactions and evolve scrutiny of methodology that ensures compliance and sets standards to be adhered to.
• Undertake regular and impromptu inspections of all processes, policies and procedures ensuring compliance with statutory requirements and best practice guidelines as may be prescribed from time to time by local and global organizations.
• Draft findings to ensure that these are written in a good manner containing background, finding, risk and corrective action or recommendation.
• Keep an eye on the latest developments in the financial industry and accounting fields with a view to enhancing internal audit function as a key contributor to the company strategy.
• Support in follow up on outstanding audit issues and conduct staff training on audit areas and programs geared towards raising levels of compliance.
• Work with management and other members of the accounting and finance team to recommend ways to drive efficiencies and reduce risk.
• Maintain and regularly update the Username risk register.

Requirements:

• Bachelor’s degree in accounting /MIS/ Business Administration/ Finance/Internal Audit
• CPA (K) /ACCA Qualification
• CISA/CISM is an added advantage
• Member of Institute of Internal Auditors
• Minimum 4 years’ experience in Audit.

Knowledge, Skills and Competencies

• Thorough knowledge of International Financial Reporting Standards (IFRS) & Global Internal Audit Standards
• Solid expertise in various business audit methodologies.
• In-depth understanding of financial markets, investment instruments, and related regulations.
• Analytical Thinking and strategic perspective
• Data Collation and Reporting
• Collaborative Approach
• Professionalism
• Personal Integrity

Salary Scale

Kshs. 90,000 – Kshs. 120,000