Internal Audit Assistant at Kenya Methodist University (KeMU)

INTERNAL AUDIT ASSISTANT: KeMU/ADM/IAR/1/4/2025
Duties and Responsibilities
The Internal Audit Assistant will:

• Assist in planning financial audits by understanding University objectives, structure, policies, processes, internal controls, and external regulations; identifying risk areas; preparing audit scope and objectives; preparing audit programs.
• Assess compliance with relevant regulations and legal requirements by studying existing and new legislation; enforcing adherence to requirements and advising management on needed actions.
• Assess risks and internal controls by identifying areas of non-compliance, evaluating manual and automated (ERP) financial processes, identifying process weaknesses and inefficiencies as well as operational issues.
• Verify assets and liabilities by comparing and analyzing items and collateral to documentation.
• Complete audit paperwork by documenting audit tests and findings.
• Communicate audit progress and findings by providing information to management, highlighting unresolved issues, reviewing working papers, and preparing final audit reports.
• Improve governance by recommending changes in management monitoring, assessment, and motivational practices, in the internal control structure, and in operating processes as well as identifying root causes.
• Support external auditors by coordinating information requirements.
• Provide financial control information by collecting, analyzing, and summarizing data and trends.
• Contribute to team results by welcoming new and different work requirements and exploring new opportunities to add value to the University.

Required Qualifications and Experience

• A Bachelor’s degree in Commerce (Accounting/Finance) or a related field from a recognized institution
• CPA (K) / ACCA qualifications
• Bonafide member of ICPAK or Institute of Internal Auditors (IIA)
• At least 2 years internal audit experience, preferably in an institution of higher learning
• Training in risk and/or fraud management is highly preferable
• Certification in information systems audit is an added advantage
• Proficiency in Microsoft Office and familiarity with audit software and ERP systems
• Strong business acumen and ability to identify audit issues
• Strong analytical skills, team player, ability to multi-task, flexible and can work under pressure