Senior Officer, Internal Audit Standard at Public Sector Accounting Standards Board (PSASB)

SENIOR OFFICER, INTERNAL AUDIT STANDARDS REF:PSASB/04/2022

Terms of engagement: Permanent and Pensionable

Job Summary

Reporting to the Principal Internal Audit Standards Officer, the Officer will be responsible for:

1. Undertaking research to assist in developing draft internal audit standards, risk management and audit committee guidelines.
2. Assisting in preparation of internal audit guidelines, audit manuals, templates, procedure manuals for all public sector entities in compliance with PFM Act (2012).
3. Assisting in preparation of audit committee guidelines for all public sector entities
4. Preparing risk management guidelines for all public sector entities.
5. Assisting public entities in development of their specific risk management frameworks.
6. Providing administrative support in carrying out public participation in developing guidelines and manuals.
7. Providing administrative support in training internal auditors and Audit Committees on internal audit standards and risk management
8. Updating continuously a database on prescribed guidelines, manuals, and templates.
9. Providing administrative support in monitoring the implementation of prescribedguidelines, manuals, and templates for all public sector entities and provide recommendations to address any identified gaps.
10. Providing administrative support in developing Internal Audit methodologies to assist internal auditors in conducting Value for Money, Forensic, compliance, financial, process audits among others.
11. Providing administrative support in carrying out surveys to identify training needs for internal auditors, audit committee members and risk management officers in all public entities.
12. Providing administrative support in conducting quality reviews on the implementation of prescribed internal audit standards, guidelines, manuals, and templates for all public sector entities.
13. Assisting in preparation of learning materials for undertaking training and capacity building on internal audit standards in public entities.
14. Developing an online repository of learning materials and publications for Accounting Standards.
15. Participating in development of International Professional Practice Framework for internal auditors with Institute of Internal Auditors global and Institute of Internal Auditors Kenya and IAGD of the National Treasury.
16. Maintaining a database of the technical queries and recommendations addressing identified gaps in implementation by public sector entities on internal audit standards, risk management guidelines and committee guidelines.
17. Implementing risk mitigating strategies for the Directorate.

Job Specifications
The successful applicant should meet the following specifications:

1. Served in a Financial, Accounting, Banking or Audit Function in a reputable organization for a minimum period of seven (7) years
2. Bachelor’s degree in any of the following disciplines: - Finance, Accounting,
3. Economics, Business Administration, or equivalent qualifications from a recognized institution;
4. Be a holder of CPA (K)/ ACCA;
5. Full member of the Institute of Internal Auditors (IIA) in good standing
6. Have good knowledge and understanding of International Accounting Standards;
7. Must demonstrate administrative and professional competence in auditing work, performance and results and application of International Audit Standards;
8. Good communication and interpersonal skills; and
9. Proficiency in Computer applications.
10. Meet the requirements of Chapter Six of the Constitution