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7 Feb 2024

Internal Audit Officer at Retirement Benefits Authority

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Job Description

Retirement Benefits Authority (RBA) is a regulatory body under the National Treasury, established under Retirement Benefits Act. The Retirement Benefits Act was enacted as part of the on-going reform process in the financial sector in order to bring the retirement benefits industry under a harmonized legislation, to address the many problems that have hitherto faced the industry. The enactment of this Act filled a regulatory vacuum which had existed in Kenya. The mission of Retirement Benefits Authority (RBA)is to develop, safeguard and deliver value to the retirement benefits sector through excellence in service delivery.

Job Purpose

Responsible for providing independent, objective assurance and advisory services regarding enterprise risk management, control, and governance processes to enable the achievement of the Authority’s strategic objectives

Job Requirements

  • Bachelor’s Degree in any of the following disciplines: business administration or business management (accounting option), commerce (accounting or finance, option), economics, statistics, risk management or its equivalent qualification from a recognized institution.
  • A certified Public Accountant – CPA Part II or Association of Chartered Certified Accountants – ACCA, level II.
  • Certification in information System Audit – CISA will be an added advantage.
  • Be member of the Institute of Internal Auditors (IIA) or Certified Public Accountants of Kenya (ICPAK) in good standing.
  • Demonstrated merit and ability as reflected in work performance and results.
  • Certificate in computer proficiency from a recognized institution; and
  • Fulfills the requirements of Chapter 6 of the Constitution.

Job Specifications

  • Assessment of achievement of strategic objectives or timely adjustments by Management where this is no longer possible.
  • Support evaluation of significant management information (financial or operational) and ensure accuracy, reliability, and timeliness.
  • Support the evaluation of systems compliance with policies, plans, procedures, laws, and regulations.
  • Support the evaluation and provide assurance that the Authority’s assets are accounted for and safeguarded.
  • Support the assessment of quality and continuous improvement in the Authority’s control process and identify opportunities for improvement.
  • Reviewing and evaluating the progress made in achieving specific objectives as outlined in the Performance Contract.
  • Participate in investigation of any significant suspected fraudulent and corrupt activities.
  • Support in evaluating and assessing significant new or changing operations, processes, and systems.
  • Participate in preparation of reports of findings concerning scope of audit, financial and non-financial and make recommendations for the improvement of operations.
  • Support evaluation of progress and follow up on implementation of recommendations from internal, external audits and other assurance providers.

Personal Specifications

  • Strategic thinking and analytical skills;
  • Communication and report writing skills;
  • Interpersonal skills; and
  • Team player.


Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 26 February. 2024





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