Senior Internal Auditor at Karatina University

KarU/HR/SIA/2022

Specialization

This position is  responsible for  provision  of  independent appraisal of  the  university operations and  advise   the  management on  the  compliance with  set  regulations and measures through evaluation of Internal Control  Systems  and  giving necessary guidance on improvement of the  same  and  appraisal of risk management, value for money  audits and information systems audits

Job Requirements for Appointment

Job Requirements for External Recruitment

For appointment to this grade,  a candidate must  have:

1. Master’s degree  in finance  or accounting field from a recognized institution
2. CPA (K)
3. At least seven (7) years relevant work experience, three (3) of which must  have been in a senior  audit  position.
4. Membership registration with (ICPAK) or any other relevant professional body
5. Knowledge of Information Communication Technology vi) CISA qualification is an added advantage

Job Requirements for Serving Employee

1. For promotion to this grade,  an employee must  have;
2. Master’s degree  in finance  or accounting field from a recognized institution
3. CPA (K)
4. At least three (3) years’ work experience at grade 12.
5. Membership registration with (ICPAK) or any other relevant professional body v)   Shown merit  and ability as reflected in work performance and results
6. Knowledge  of Information Communication Technology vii) CISA qualification is an added advantage

Responsibilities

Job Description

1. Participate in the development, implementation  and  maintenance of internal audit   plan   and   system   of  internal  controls to  help   provide assurance  that applicable laws, regulations, and University policies and procedures are complied with;
2. Participate in the preparation of annual departmental work plans  adopting a risk based  approach to ensure that  work  done  is accomplished within  the  required time;
3. Review  and   present  audit   reports  to  the   Chief  Internal  Auditor   to  ensure transparency in the operations of different departments and  directorates within the University;
4. Conduct staff appraisal to provide feedback to staff in the  department on their work and also to identify  staff for recommendation for promotion.
5. Conduct systems  audits  in  order to  provide reasonable  assurance  that   key operating systems are  functioning effectively  and  that   strategic/  operational objectives are consistently met in an efficient and cost effective manner;
6. Conduct risk based audits to provide reasonable assurance that Risk Management processes and structures put in place by management function effectively;
7. Participate in  formulation and  implementation of internal audit  policies  and operations to ensure conformance to quality  standards;
8. Identify and critically evaluate elements of governance and risk management and participate in designing appropriate risk management and  mitigation strategies and procedures for implementation;
9. Report to the audit  committee of council on risk based  audits conducted in every quarter of the financial year;
10. Provide    consulting  services   to   various    departments  in   order  to   develop appropriate risk management, control and governance processes to enhance level of assurance to management;
11. Carry out  value  for  money   audits and  information  systems audit   to  ensure internal controls are followed and accountability of work done;
12. Examine financial transactions for accuracy  and  compliance with  institutional policies and applicable laws and regulations;
13. Identify, assess and evaluate the risk management of the University to ensure that risks are properly identified and there are measures in place to mitigate the risk;
14. Examine the Information Systems  and  Database management and  assessing its adequacy in terms of data integrity and security;
15. Undertake spot checks and cash surveys in cash collection points and at the casual works areas  of operation to ensure effective and efficient utilization of university resources.
16. Control  institution expenditure by carrying out pre-audit of payments to ensure they are in line with the university regulations
17. Provide  input to the Internal Audit Department budget
18. Any other  duty assigned by a senior  officer