Assistant Manager, Internal Audit at Kenya Industrial Estates

Job Description

Reporting Relationships

Direct Reports Manager, Internal Audit

Job Purpose:-

• The position is responsible for reporting to Manager, Internal Audit, who will carry out an independent, objective assurance and consulting activities designed to add value and improve on to the Company’s operations.
• Assist the organization to accomplish its objective by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. .

Duties and responsibilities at this level will entail:-

• Assist in developing and reviewing operational and management systems, policies and guidelines;
• Developing audit plans, setting targets and budgets;
• Overseeing the development and implementation of Internal Audit strategy;
• Provide reports to the company on risk management, control and governance system that are functioning as intended;
• Reviewing and recommending changes to the internal Audit control system;
• Establish a system to ensure quality of internal auditing activities and processes are aligned with the company’s strategic plan;
• Interpreting prevailing policies for sound auditing principles, practices and control; and Publishing audit reports;
• Ascertain that resources of the Company are profitably and efficiently employed at all times;
• Monitoring developments in various regulations, laws and developments that affect the Company to ensure up to date advice; and
• Oversee and make recommendations on information Technology systems audit, on all the general software applications used by the company;
• Ensure completion of value add audit reports on each audit assignment and make recommendations for corrective action and conduct follow-up of the audit recommendations;
• Compiling periodic management audit reports;
• Establish and carry out business risk analysis -based plans to determine the priorities of the Internal Audit function;
• To ensure the Company’s systems and processes are in compliance with the International audit standards by:-
• Ascertain the reliability of management data generated within the Company;
• Act against fraud and errors through routine checks of records and accounting documents;
• Do special investigations for management whenever requested;
• Do operational audit of projects financed by the Company;
• Report regularly to the Finance and Audit Committee of the Board on areas of weaknesses and provide remedial recommendations;
• Ensure that speedy replies are made on management letters by respective departments;
• Summarize the External Audit reports (management letters for presentation to the Finance/Audit Committee of the Board);
• Ensure that remedial actions recommended by External Auditors are promptly acted on by the concerned departments.

Requirements for Appointment

• A minimum period of Six (6) years of relevant experience, of which three (3) years should be experience, in a responsible or management position;
• Bachelor’s Degree in Commerce, Business Finance, Accounting or any other relevant degree or equivalent qualification from a recognized institution;
• Master’s Degree in Commerce, Business Administration, Computer Science, Information Systems or any other relevant degree or equivalent qualification from a recognized institution will be an added advantage;
• Certified Public Accountants (CPA) Examination; Certified Chartered Accountants (ACCA) or equivalent qualification from a recognized institution;
• Be a member of the Institute of Certified Public Accountants of Kenya (ICPAK);
• Management Course from a recognized institution;
• Proficiency in computer applications;
• Shown merit and ability as reflected in work performance and results; and
• Fulfill the provision of Chapter Six of the Constitution.