Internal Auditor at Council of Governors

Job Purpose

The job entails provision of an independent and objective assurance on risk management, control, and corporate governance processes within the Council.

Reporting to the Chief Executive Officer, the Internal Auditor will perform the following duties and responsibilities:

1. Carrying out internal audit assignments as outlined in the audit plan in compliance with auditing standards.
2. Gathering, collating and analyzing data on financial records, systems and processes to ensure efficiency and effectiveness of funds utilization.
3. Collecting data on periodical financial returns, estimates and expenditure.
4. Assessing compliance with regulations and guidelines in the Council.
5. Carrying out audit checks and identifying any accounting errors.
6. Undertaking spot-checks and cash surveys.
7. Undertaking audit investigations.
8. Preparing of working papers and audit reports in line with quality standards; and
9. Implementing annual audit work plans.
10. Support the preparation of annual Internal Audit budget.
11. Review accounting, financial and budgetary systems of the Council

Minimum Qualifications and Experience:

1. Academic and Professional Qualifications
2. Bachelors degree in any of the following disciplines:- Commerce (Accounting/Finance option), Economics, Mathematics, Statistics, Business Administration (Accounting/Finance option) or equivalent qualification from a recognized institution
3. Certified Public Accountants of Kenya (CPAK) or its equivalent.
4. Possess either Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certification in Risk Management and Assurance (CRMA), Certified Fraud Examiner (CFE) or Certified Forensic Accountant (CFA).
5. Membership to Institute of Certified Public Accountants of Kenya (ICPAK), Institute of Internal Auditors (IIA), Information System and Control Association (ISACA) or
6. Institute of Risk management (IRM) or any other relevant professional institution.

Experience

Have (3) years’ experience in public or private sector employment in a reputable organization.

Functional Skills

1. Broad knowledge of Public Sector Accounting Standards, principles and procedures
2. Demonstrable knowledge of Internal audit procedures and standards such international Professional practice Framework (IPPF), Public Finance
3. Management Act (PFMA), and ability to advice on best practices in credit operations
4. Ability to communicate clearly and effectively with a variety of stakeholders within and external to the Council both orally and in writing
5. IT proficiency and experience in working with large and complex data sets and use of an automated audit management software
6. Good report writing and editing skills
7. Good Supervisory and Management Skills

Duration of the Assignment

The duration of the engagement will be three (3) years renewable for a similar term subject to performance and availability of funds