Manager, Internal Audit & Risk Assurance at Energy and Petroleum Regulatory Authority (EPRA)

REF: VA/14/6/2022
Duties and Responsibilities

• Coordinating the internal audit risk identification, assessment and mitigation;
• Coordinate the review of the internal audit policy documents;
• Preparing audit programmes for review and approval by the Deputy Director Internal Audit;
• Reviewing all the Audit Working Papers (AWPs) to ensure that the audit evidence gathered supports the audit findings as documented;
• Coordinating development of audit report and evidence gathering and preservation;
• Conducting audits to assess the effectiveness of Internal Controls, accuracy of
• financial records and efficiency of operations;
• Analysing data obtained for evidence of deficiencies in internal controls,
• duplication of effort, extravagance, fraud and compliance with relevant
• regulations and management policies & procedures;
• Inspecting systems to determine their efficiency and protective value in the recording and management of resources;
• Carrying out frequent system reviews to identify discrepancies of information and/or documentation for the purposes of reaching resolutions, ensuring accuracy
• of data and complying with established procedures;
• Developing strategies to ensure efficiency and effectiveness of operating systems;
• Reviewing all audit reports and submitting them to the Deputy Director Internal Audit for finalization;
• Monitoring the implementation of all audit recommendations and prepare a status report on quarterly basis;
• Maintaining a data base of all communications and evidence regarding the audit follow up activities and actions taken;
• Assist in developing the audit committee agenda
• Ensuring conformity to acceptable standards, plans, budgets and schedules
• Participating in the development and implementation of annual internal audit work plans and budgets;
• Coaching and mentoring internal audit staff to ensure that there is succession planning in the department;
• Assist in secretarial services to the Audit Committee of the Board;
• Establishing and managing a risk register for internal audit department and update it frequently.

Qualifications

• At least eight of (8) years relevant work experience, three (3) of which should have been at the level of supervision;
• Bachelor’s Degree in Commerce, Business Administration, Business Management (Accounting Option) or equivalent qualification from a recognized Institution;
• Master’s degree in Business Administration (Finance or Accounting option) or equivalent qualification from a recognized institution;
• Membership of the Institute of Internal Auditors (IIA) or Certified Public
• Accountants of Kenya (ICPAK); in good standing;
• Proficiency in computer applications;
• Demonstrated results in work performance;
• A certificate in management course lasting not less than four (4) weeks (cumulative); and
• Fulfilled the requirements of Chapter Six of the Constitution.