INTERNAL AUDITOR at Management University Of Africa

JOB PURPOSE

    The jobholder is responsible for planning, executing and completing assignments         

      according to established Audit Plan and schedule. He/she shall recommend

     appropriate internal control improvements that may include operational    

     enhancements or efficiencies, and the preparation of audit reports as well as

     documenting controls.

KEY DUTIES AND RESPONSIBILITIES:-      

• Manage the Internal Audit Plan through formulation and execution of effective audit programs to help provide assurance to compliance with applicable laws, regulations and Institute policies and procedures.
• Cary out risks assessments and evaluate adequacy of internal controls prior to the execution of an audit program.
• Carry out compliance audits of financial and accounting systems with International Financial Reporting Standards
• Ensure there is a proper system of documentation of audit test work and working papers in line with established international standards.
• Review the Institute wide utilization of resources and provide assurance on their optimal use
• Prepare detailed reports on audit findings and make recommendations to improve the institute’s operations
• Follow up of findings and recommendations agreed on during the internal and external audits to ensure their implementation
• Conduct investigations and special projects where applicable
• Any other duties as assigned.

QUALIFICATION AND EXPERIENCE

• A Bachelor’s degree in finance/accounting. A master’s degree is an added advantage
• CPA (k) or ACCA CFA
• Certification as a CIA, CISA or any other related professional certification.
• 6 years of full-time experience in auditing and accounting.

KEY PERSONAL ATTRIBUTES

• Competence in internal control development and evaluation
• Knowledge of international accounting standards
• Knowledge of management information systems concepts and practices
• Knowledge of the Standards for the Professional Practice of Internal Auditing and the Institute of Internal Auditors Code of Ethics. Ability to work independently with extensive latitude for initiative and independent judgement.
• Ability to establish and maintain harmonious working relationships with co-workers, staff and external contacts, and to work effectively in a professional team environment.

PERFORMANCE STANDARDS

1. Annual Audit plan approved by the Council
2. Timely implementation of annual audit plans as per schedule
3. Compliance of audit reports to IFRS
4. Completion of reports within 2 weeks after the audits
5. Assist in developing systems for prevention and detection of fraud.
6. Value of losses, if any, reduced to bare minimum
7. Comprehensive risk management framework