Internal Audit and Risk - Assistant Manager (Grade 5) at Institute of Certified Public Accountants of Kenya (ICPAK)

JOB REF: ICPAK/02/2023

KEY RESPONSIBILITIES:
Internal Audit

1. Plans financial, regulatory, compliance or operational reviews/audits
2. Conducts audit entry meeting with heads of specific units / departments being audited;
3. Document audit work and findings in accordance with accepted auditing standards;
4. Obtains and reviews evidence ensuring audit conclusion are well documented;
5. Identifies weaknesses in internal control / business processes in the institute;
6. During audit process engage with auditees seeking clarifications on various exceptions noted before extended to audit report;
7. Communicate control issues raised during the audit process, offering recommended solutions relevant to business and risk;
8. Conduct follow up on audit recommendations to assure implementation of agreed corrective actions;
9. Conducts exit audit conferences with senior management 
10. Performs special audits as may be requested by the Chief Executive through the Manager, Internal Audit, Risk and Compliance;
11. Performs any other related duties as may be assigned

Risk Management 

• Designing, implementing and reviewing processes for sound risk management;
• Facilitating periodic /monthly meetings with the Institute’s risk champions;
• Ensuring departmental reports on risk management including risk registers are reviewed;
• Compiling risk management reports from business units and forwarding to Risk Management Committee (RMC) for deliberations;
• Giving assurance on the risk management process through audit reports;
• Facilitating risk champions in risk identification, assessment and evaluation;
• Performs any other related duties as may be assigned;

Check the Institute’s compliance with various legislations, agreements , MoU’s etc

• Conducts compliance checks to provide assurance on the Institute’s compliance with various legislations, treaties, MoUs etc
• Highlight in periodic (Quarterly) reports areas of non-compliance and discuss the same with responsible managers;

Reporting & operations of the ARC Committee of the Council

• Prepare ARC Committee Agenda in consultation with the Convener.
• Circulate the Agenda within the stipulated timeline.
• Provide Secretarial Services to the ARC.
• Follow up on the implementation of the ARC Committee resolutions.

Person Profile:

• Academic and Professional Qualifications 
• Degree in Accounting, Finance, Economics or relevant field
• Master’s degree in Accounting, Finance, Economics or relevant field will be an added advantage
• Professional qualifications: CPA/CIA or ACCA qualifications and a member of ICPAK in good standing.
• 6 years working experience and 5 years in Internal Audit field in the Internal Audit function (relevant experience).