Internal Auditor at Britam

Job Purpose

Reporting to the Internal Audit Manager the role holder will be responsible for conducting internal audits in line with the audit plan or as requested by the board or audit committee.

Key Responsibilities

• Identify and critically evaluate elements of governance and risk management in the service, design appropriate risk management and mitigation strategies for implementation.
• Plan and execute internal audits in accordance with International standards on professional practice of internal audit and department’s audits methodology.
• Develop, consultation with Internal Audit Manager, detailed audit programs based on the documented procedures and best practice, for each identified audit project, giving special attention to potential risk areas.
• Carry out detailed audit tests on all the Group’s operations based on standard audit programs in accordance with the approved Annual Audit Plan. This includes review of operations, highlighting areas of internal control weakness and making recommendations to improve efficiency. The jobholder may change the scope of the audit if actual circumstances in the field so demand.
• Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations.
• Ensure detailed audit tests are performed on all the Group’s operations based on Standard audit programs in accordance with the approved annual audit plan. This includes recommendations to improve efficiency. The job holder may change the scope of the audit if actual circumstances in the field so demand.
• Determine internal audit scope for particular assignments.
• Maintain open communication with management and audit department management.
• Develop new continuous improvement initiatives, evaluate the adequacy of internal control systems.
• Gather adequate audit evidence to support findings and suggestions for improvement.
• Discuss with the Internal Audit Manager on the appropriate method in gathering audit evidence, depending on the actual circumstances encountered in the field in the course of the fieldwork, the job holder will constantly discuss the findings of the business so that only unresolved issues appear in the final report.
• Pay visit to Regional and Branch offices to ensure operations are in line with the Group.
• Assisting the Internal Audit Manager in the review and documentation of existing accounting, administrative and internal control systems for adequacy and effectiveness and making recommendations for improvement. This will cover the Group operations and call for a thorough understanding of all the Group’s operations.
• Work with the Internal Audit Manager in verifying compliance with all the relevant legislation and regulatory requirements.
• Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard.

Key Performance Measures

As described in your Personal Scorecard.

Knowledge, Experience And Qualifications Required

• Bachelor’s degree in relevant field.
• CPA (K) certified is a requirement.
• Certified Internal Auditor (CIA), Certified Information Systems Analyst (CISA) and Certified Financial Analyst (CFA) are an added advantage.
• 4-6 years working experience in an Audit related field.

Technical/ Functional Competencies

• Knowledge of internal audit procedure.
• Decision making – ability to make strategic decisions in a timely and effective manner.
• High moral and ethical standing.
• Highly motivated.