Audit Committee Members at Commission on Revenue Allocation

 Job Description

Duties and responsibilities:

• Provide strong and effective oversight of the commission’s Internal Audit Function;
• Promote effective and efficient audit process by providing an independent review of the internal audit work plans and reports;
• Evaluate internal and external audit reports and make appropriate recommendations;
• Evaluate the adequacy of the control environment to ensure high standards and functioning of the financial and non-financial internal control system;
• Ensure the integrity and transparency of the commission’s Financial Reporting Process; and regularly undertake independent review of the commission’s financial statements;
• Monitor the effectiveness of the commission’s performance management and performance information;
• Review the level of compliance with relevant legislative and regulatory requirements and promote a culture committed to lawful and ethical behavior.

Academic Qualifications:

• Bachelor’s degree in any of the following: - Accounting, Auditing, Risk Management, Finance, Economics, Human Resource Management, Banking, Law or any other related field from a University recognized in Kenya.
• Possession of a Master’s Degree in any of the above fields will be an added advantage.
• Professional qualifications relevant to their field and be a member in good standing of the relevant professional body e.g. ICPAK, IIA, IHRM, ICPSK, AKIB.

Experience:

• A Minimum of (10) years professional experience in any of the following fields:- Accounting, Auditing, Risk Management, Finance, Economics, Human Resource Management, or Law at senior management level in the Public Service, 5 of which must have been in Audit;
• Have a thorough understanding of the relevant legislations, best practices and emerging issues in Accounting, Auditing, Risk Management, Finance, Economics, Human Resource Management, Law and other related fields in the public service;
• Have a good understanding of the mandate of the Commission on Revenue Allocation as well as National Government operations and financial management system.

Knowledge and skills requirements, and general competencies:

• Be a person of integrity, demonstrated professional competence and strong interpersonal skills;
• Not be a present employee or past employee of the Commission on Revenue Allocation for the last two (2) years;
• Be compliant with the requirements of Chapter Six of the Constitution on Leadership and

Integrity, and must obtain clearance from the following institutions:-Ethics and Anti-corruption Commission, Criminal Investigations Department, Kenya Revenue Authority, Higher Education Loans Board and any of the Credit Reference Bureaus.
Terms and Conditions of Service:
Members of the committee shall:

• Be appointed for a term of three (3) years, renewable for a further one term subject to satisfactory performance.
• Serve on a part time basis.
• Be paid allowances at rates determined by the Salaries and Remuneration Commission.