Internal Audit Manager (Britam Asset Managers) at Britam

Job Purpose:
Responsible for coordinating audits in Britam Asset Managers. The Role holder will be responsible for planning and conducting audits to evaluate the effectiveness of internal controls based on an approved annual risk-based audit plan in line with regulatory and supervisory requirements and expectations. 

Key responsibilities: 

• Ensure detailed audit programmes based on the documented procedures and best practices are developed, for each identified audit project, giving special attention to potential risk areas.
• Prepare and present reports to management and the Board Audit & Risk Committee clearly describing the key findings and practical recommendations for improvements.
• Coordinate the implementation of internal audit strategies, policies and procedures.
• Facilitate audits to ensure operations are in line with the Britam Asset Managers policies.
• Verify documentation and review of existing accounting, administrative and internal control systems and make the appropriate recommendations for improvement. This covers the Company’s operations and calls for thorough understanding of all operations.
• Formulate and implement Internal Audit policies and procedure manuals.
• Ensure detailed audit tests are performed on all the Company’s operations based on Standard audit programmes and in accordance with the approved annual audit plan. This includes recommendations to improve efficiency. The job holder may change the scope of the audit in consultation with the group Head of Internal Audit, if actual circumstances in the field so demand.
• Maintain adequate and properly documented audits performed and evidence in the Internal Audit systems.
• Assess the Audited department's primary operational and financial risks and develop strategies to manage these areas.
• Work with the different stakeholders and where applicable, provide feedback to staff on performance of each audit assignment.
• Develop and implement the performance management plan and cycle for team members, where applicable, as provisioned by HR.
• Where applicable, schedule and assign work to the audit team estimating resource needs.
• Verify compliance with all the relevant legislation and regulatory requirements. This calls for regular updates with all the relevant legislation and statutory requirements affecting Britam Asset Managers.
• Attend and participate in the Management meetings to enhance understanding of Britam Asset Managers Operations.
• Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard.

Knowledge, experience and qualifications required:

• Bachelor’s Degree in Finance, Accounting or a related field. 
• MBA is an added advantage.
• Professional qualification e.g. CPA (K), ACCA, CISA. CFA or equivalent.
• 7-10 years’ experience in a similar position; 4-5 of which should be in a managerial capacity in a busy environment.