ADVERT NO.: UOE/IA/TAI/02/2024

Remuneration: Basic Salary Scale: KSh.108,714.00×4,250.00 – KSh.117,213.00x KSh.4,250.00 – KSh.129,962.00 x KSh.4,250.00 – Ksh.142,712.00 x KSh.4,250.00 – Ksh.155,461.00; and House Allowance of Ksh.55,286.00.

Job Purpose:

Carrying out internal audit assignments as per the internal audit work plan to ensure compliance to university regulations, policies and statutory requirements to facilitate achievement of the University set objectives.

Duties and Responsibilities

• Reporting to the Senior Internal Auditor, the Internal Auditor I shall assist in planning and execution of audit engagements to meet deadlines and complete engagement plans set for specific periods.
• Participate in development of audit manuals through the gathering of relevant information and procedures to provide a reference for audit assignments.
• Oversee audits in and through the University Enterprise Resource Planning (ERP) system to ascertain the adequacy of systems.
• Monitor and evaluate the effectiveness of the University Risk Management system in order to ascertain its efficiency in risk mitigation
• Review operational information and financial statements to verify their reliability and compliance to accounting standards.
• Oversee verification of methods used to safeguard the institutions assets to establish their adequacy and verify their existence.
• Supervise the review and verification of cash/ revenue collections to ascertain accuracy and immediate banking
• Coordinate the cost-benefit analysis of all income generating units (IGUs) to advice management on viability and expansion where applicable.
• Oversee bank reconciliations of specified bank accounts to confirm the accuracy of both cashbook and bank balances
• Report receipt of procured goods and services to ensure compliance to procurement and disposal regulations
• Supervise payroll audits and compare subsequent months to any report variations to validate salaries and wages paid.
• Participate in verification of all University payments to ensure accuracy and com- pliance with financial policies and requirements.
• Assist in preparing the departmental budget for the ensuing fiscal year to facilitate the acquisition of required items
• Supervising the checking and verification of departmental vote books and budgetary control to ascertain compliance to procurement plan and budget
• Verify physical stock levels at the end of the financial year to certify the accuracy of stock balances.
• Ensure analysis usage of work ticked and fuel cards to ascertain proper recording of trips and mileage covered.
• Prepare audit reports on assigned areas for implementation and decision making.

Requirements for Appointment (Qualifications, Skills and Experience)

For appointment to this position the ideal candidate MUST have: –

• At least five (5) years relevant work experience.
• Bachelor of Business Management/ Administration (Accounting, Finance) or its equivalent from a recognized institution.
• Master’s degree in Business Administration (Accounting, Finance) or its equiva- lent from a recognized institution.
• CPA (K) or ACCA (Finalist).
• Membership registration with ICPAK or any other relevant professional body.
• Continuous Management training lasting at least not less than Four (4) weeks from a recognized institution.
• Proficiency in computer applications.