Internal Audit Risk & Compliance at Institute of Certified Public Accountants of Kenya (ICPAK)

Reporting to the Head of Internal Audit and Risk, the ideal candidate will identify areas of internal control weaknesses and areas of non-compliance within the Institute and provide sound and practical recommendations to management. He/she will communicate significant audit findings through periodic audit reports to management and arrange for audit exit meetings. Ensure that risk management culture in instilled within the institute. Facilitate the work of risk champions in risk identification and assessment. Prepare periodic risk management reports to the Institute’s Risk Management Committee (RMC) for consideration. Ensure there is in place a robust risk management system in the Institute.

Responsibilities

• Provide assurance to management that internal controls are working effectively
• Plans and conducts internal audits of various functions within the Institute including operational and financial audits;
• Conducts audit entry meeting with heads of specific units / departments being audited;
• Develop audit programs and testing procedures relevant to risk and test objectives;
• Document audit work and findings in accordance with accepted auditing standards;
• Check the Institute’s compliance with various legislations, agreements, MoU’s etc
• Facilitate the effective implementation of the Enterprise Risk Management policy framework in the Institute;

Key Competencies

• International Accounting Standards
• International Standards on Auditing
• Ability to plan for an audit assignment
• Able to develop audit working papers
• Deep understanding of fraud risk assessment
• Knowledge of Enterprise Risk Management
• Procurement regulations, procurement act and laws
• Audit standards
• Performance review methods and techniques
• Demonstrable working knowledge and experience in an ERP environment 

Qualifications

Academic and Professional Qualifications

• 5 years working experience and 4 years in Internal Audit field (relevant experience)
• Academic Qualifications: Relevant Degree and post graduate diploma or certification
• Professional qualifications: CPA or ACCA qualifications

Candidates will be required to satisfy the requirements of Chapter six (6) of the Constitution of Kenya 2010 including:

• Certificate of good Conduct from the Directorate of Criminal Investigations (CID)
• Valid Tax Compliance Certificate from the Kenya revenue Authority (KRA)
• Clearance Certificate from the Higher Education Loans Board (HELB)
• Clearance for the Ethics and Anti-Corruption Commission (EACC)
• Clearance from the Credit Reference Bureau (CRB)