Risk & Controls Officer at CFAO Motors Kenya limited (Formerly Toyota Kenya)

We are seeking to recruit a Risk & Compliance Officer who will be reporting to the Risk & Compliance Manager, based at our Head Office.

The ideal candidate should be an individual with basic understanding of ERPS, good understanding of risk management and controls, someone who understands government policies related to risk and is computer literate.

The job holder will be responsible for ensuring internal controls are effective and up to date and risk assessments is done for all business units. The job holder is also expected to do routine systems and transactional audits.

Main Responsibilities of the job

1. Assist the manager in implementation of the automotive ERM framework
2. Ensure updated risk registers and risk heat maps exist for all business functions
3. Conduct risk assessment for business processes, strategic initiatives, business activities
4. Development and monitoring of key risk indicators (KRIs) that are mapped to various risks to determine elevations in risk and proactively implement risk mitigation measures
5. Identify emerging risks. These includes risks associated with new products and services, customer types, locations, and channels
6. Advice on appropriate controls to mitigate against risks identified
7. Conduct routine internal control reviews and reporting of headquarters, branches and dealers based on the risk assessment, annual plan and PACI controls
8. Test the strength of controls especially for high-risk areas.
9. Maintain an inventory of controls and map them to key risk areas
10. Update of internal control documentation, walkthrough and test controls required to meet the annual attestation
11. Conduct continuous systems analysis of transactions, data and activities for any red flags and identifying any trends that could be an indicator of potential fraud or internal controls override
12. Track the progress of remediation of control weaknesses identified by CFAO Internal Audit, self-testing, or controls assessment.
13. Ensure implementation of automotive BCP & DRP
14. Participate in stock counts (parts, vehicles) and review reports from the exercises to identify and address potential risk exposures

To perform effectively in the role below are the minimum level of;

A. Academic and professional qualification

1. Bachelor’s degree in Commerce or any related field
2. CPA K /ACCA
3. Certification in networking or information security or IT audit such as CCNA/CISSP/CISA
4. Post graduate qualification in Risk management will be an added advantage

Experience to perform effectively

1. Minimum of 5 years of risk management or internal audit experience in an organisation of similar size and complexity
2. Working experience in both systems and financial audit is required