Internal Auditor at Chemususu Water Company limited

Job Purpose: 

The job holder will play a crucial role in ensuring the financial integrity and operational efficiency of the company. Will work closely with the audit team to conduct audits, analyze financial records and prepare audit reports. The work will directly contribute to maintaining transparency and accountability within the organization.

Reporting: The job holder reports to the Board Committee on Audit and Compliance.

Duties and responsibilities

• Develop and execute comprehensive internal audit plans, including financial, operational, and compliance audits, in accordance with professional standards.
• Perform risk-based audits to evaluate the effectiveness of internal controls, risk management processes, and governance.
• Document audit procedures and findings in a clear and concise manner
• Review and analyze financial statements, records, and reports to ensure accuracy and compliance with accounting standards.
• Examine operational processes, including water production, distribution, billing, and customer service, to identify inefficiencies and control weaknesses.
• Assess the effectiveness of controls related to revenue collection, expenditure, and asset management.
• Ensure compliance with all relevant laws, regulations, and company policies, including those related to environmental protection and public health.
• Identify potential risks and recommend strategies for mitigation.
• Conduct special investigations into reported irregularities as requested by management or the Board.
• Prepare detailed and professional audit reports that clearly outline findings, conclusions, and actionable recommendations for improvement.
• Present audit results to management and the audit committee, providing insights and strategic advice.
• Follow up on the implementation of audit recommendations to ensure timely and effective corrective action
• Serve as a resource for management on matters of internal controls and risk management.
• Provide guidance and training to other departments on internal control best practices.

Minimum Qualifications for the Post

For appointment to this grade, a candidate must

• Be a Kenyan Citizen;
• Bachelor’s degree in Accounting, Finance, Auditing, or a related field.
• CPA Part (K) or an equivalent qualification
• Member of a professional body with good standing, 8 years’ relevant experience with a minimum of 5 years within audit environment.
• Experience and understanding of water sector is an added advantage.
• Strong analytical and problem-solving skills.
• Prior internship or work experience in auditing firms or accounting is an advantage.
• Proficiency in Microsoft Office (especially Excel); knowledge of audit software is a plus.
• Excellent attention to detail and organizational skills.
• Good communication and interpersonal abilities.
• Proficiency in accounting software and Microsoft Office Suite.
• A high degree of integrity and confidentiality.
• Meet the requirements of chapter six of the Constitution of Kenya 2010.