Manager, Internal Audit and Risk Management at Kenya Methodist University (KeMU)

Ref: KeMU/ADM/IAM/1/2/2022

Reporting functionally to the Audit, Risk, Governance and Sealing Committee of Council and administratively to the Vice Chancellor, the person shall be the head of Internal Audit function charged with the responsibility to provide independent objective assurance and consulting activities designed to add value and improve University operations.

Duties and Responsibilities:

• To develop a flexible annual risk-based audit and work plan for review and approval.
• To facilitate the development and assess the effectiveness the university risk management framework.
• To maintain and develop a diverse professional audit team with sufficient knowledge, skills, and expertise.
• To develop a quality assurance program in compliance with IPPF framework.
• To evaluate, assess and advise on significant changes in the university functions, new services, operations, and control processes coincident with university growth.
• To regularly review the adequacy and effectiveness of control environment established to ensure accurate, reliable, and timely information relevant for decision making.
• To review all established university procedures and systems to recommend for improvements.
• To appraise the use of university resources regarding economy and efficiency.
• To conduct special audits including fraud investigation if any.
• Any other duties assigned by management and council.

Requirements for the Position

• Bachelor’s Degree in finance, accounting, actuarial science, or equivalent qualification from a recognized university.
• A Master’s Degree in finance, accounting or an equivalent will be an added advantage.
• Must be a Certified Public Accountant (K) or hold equivalent recognized professional qualification in Accounting and Finance.
• Qualification in CISA, CFE, CFIP, CRMA, or CRISC
• Membership of a relevant professional body that is recognized in Kenya.
• At least five (5) years of working experience in an institution of higher learning or equivalent organization with at least three (3) years in a senior management.