Summary
Date Posted: Tuesday, July 12, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Director, Internal Audit

Specific Duties and Responsibilities:
• Develop, maintain and coordinate implementation of the internal audit policies, procedures, tools and systems of the Institute;
• Lead Internal Audit’s initiative by implementing action plans related to risk assessment and annual planning, audit execution, audit reporting, staff recruiting and development, audit technology, and Audit Committee reporting.
• Lead Internal Audit’s annual risk assessment and enterprise risk assessment and planning process to develop the audit plan and ensure the plan is responsive to and aligned with the risk profile of the Institute.
• Oversee the execution of individual audits defined in the audit plan ensuring the highest level of service quality and client satisfaction
• Reviewing, evaluating, and reporting on adequacy of laid down policies, procedure and controls to improve and add value to the operations of the Institute
• Establishing and maintaining policies, standards and guidelines specific to the effective discharge of roles and responsibilities of the internal audit function
• Assessing risks to the Institute through using Risk Assessment Matrix with a focus on threats to existing operations and Institute’s investment programmes ultimately designed to add value and improve the Institute’s preparedness and continuity.
• Evaluating and advising the Management and the Council on the adequacy of internal controls and procedures in place;
• Performing reviews of information systems installations and services to determine the adequacy of logical and physical security controls, operational change control, back up and disaster continuity management ultimately designed to add value and improve the Institute’s preparedness and continuity;
• Coordinate and ensure that Enterprise Risk Management Programmes at the Institute are undertaken, monitor and report on the total level of risk exposure.
• Conducting and supporting financial, operational, and investigative audits
• Monitoring to ensure all recommendations by the external auditors and regulators are implemented
• Conduct planned and regular audits of the various departments and activities to evaluate adequacy of compliance with and effectiveness of existing systems and report audit findings in an objective accurate manner ultimately designed to add value and improve the Institute’s operations.
• Ensuring that the processes needed for the management system are established, implemented, and maintained and follow-up of outstanding audit recommendations.
• Ensure that Internal Audit is performing its work in accordance with established professional standards and remain abreast of emerging trends and best practices that can be incorporated into the function.
• Oversee Internal Audit’s participation in critical business and technology initiatives and projects ensuring that audit’s perspective is effectively voiced, and appropriate controls are designed and implemented on a proactive basis.
• Maintain audit technology platform leveraging support from the information systems group as needed.
• Coordinate the activities of external auditors including how best to leverage the work performed and results produced from Internal Audit’s work
• Liaison with external parties on matters relating to the internal audit management system

Person Specifications:
• For appointment to the position, a person must possess the following qualifications:
• Be a citizen of Kenya;
• Meet the requirements of Chapter Six of the Constitution;
• Bachelor’s degree in Accounting & Finance or other closely related field;
• Certified Internal Audit (CIA) or Certified Public Accountant (CPA) required;
• Membership in good standing from relevant Professional Bodies;
• Minimum relevant work experience of ten (10) years, five (5) of which should have been at the level of a Senior Manager or a comparable position in a reputable organization in audit, ten (10) or more years’ experience in auditing or accounting;
• Must be in possession of a Master’s degree in any of the following disciplines: Accounting, Finance, Economics, Audit, Business Administration, or an equivalent qualification from a recognized institution;
• Must demonstrate experience of supervising multiple streams of work and a department, team or unit of not less than 5 staff;
• Previous work in the internal audit and risk service line of an Audit/Consulting Firm will be an added advantage
• Thorough knowledge of all the subsets of the profession including pertinent emerging issues within the profession and other related areas;
• Knowledge and demonstrable experience on key integrity and governance issues affecting the nation;
• Leadership, Governance or Management Training lasting not less than six (6) weeks from a recognized institution attained within the last two (2) years

Work Hours: 8

Experience in Months: 120

Job application procedure
Interested candidates should email their application letter accompanied with a detailed CV in PDF format clearly indicating their current and expected salary to the following email address:
recruitment@eaglehr.co.ke 
Applications should be received on or before close of business on Friday 22nd July 2022

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