Internal Audit & Risk Manager job at African Entrepreneur Collective (AEC)

Vacancy title:
Internal Audit & Risk Manager

[ Type: FULL TIME , Industry: Business Management and Administration , Category: Accounting & Finance ]

Jobs at:

African Entrepreneur Collective (AEC)

Deadline of this Job:
11 December 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Wednesday, November 30, 2022 , Base Salary: Not Disclosed

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Learn more about African Entrepreneur Collective (AEC)
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About the Opportunity
• Inkomoko is currently seeking a qualified individual who will be based in any of the Inkomoko locations. The successful candidate will have the following duties:

Planning & risk management (90%)

• Develop, monitor and regularly update the company wide risk register
• Develop risk management strategies
• Ensure adherence to industry rules & regulations and coordinate the creation, review and implementation of policies and procedures resulting from new laws and regulations
• Coordinating rollout and training on new policies and procedures
• Ensure regulatory compliance including the central bank and the tax administration
• Develop a risk management policy and control framework for the organisation
• Establish and advise management on the company’s risk appetite
• Conduct internal reviews and audits
• Conduct risk assessment in existing and new locations that the organisation expands to
• Report risk management information to management
• Ensure staff are regularly updated about the company’s policies and processes
• Instill a risk awareness culture across the organisation
• Conduct research and keep management updated on risk management best practices
• Conduct full circle audit including risk management over operation effectiveness and efficiency, financial reliability and compliance with regulations
• Advise on risk aversion measures and cost savings
• Recommend and implement risk management solutions such as safety, security, insurance, business continuity plans and recovery measures
• Review and assess potential fraud activity and develop fraud detection tools
• Investigate fraud cases and report to management

Administration and operations (10%)
• Work with various departments to assess and mitigate risks in various projects they undertake
• Perform tasks assigned to you by your supervisor and/or management

Minimum Qualifications
The ideal candidate will fulfil the following requirements:

• University degree in Risk management, Insurance, Business Administration, or related field.
• Professional qualification such as Global Risk Management Institute (GRMI), Institute & Faculty of Actuaries (IFoA certification), CRM certification, Certified Forensic Fraud Examination, International Certificate in Enterprise Risk Management, or any other risk management related qualification will be preferred
• At least 4 years of work experience in risk management, compliance, compliance audit or other relevant fields
• Skilled in the use of Microsoft Word, Excel and Power-point presentation
• Good understanding and application of Risk management ISO standards
• Good understanding and application of COSO Enterprise Risk Management Framework
• Ability to read and interpret company’s financial statements in a risk management and compliance perspective
• Ability to compute and use financial ratios in interpreting financial and operational risks
• Ability to assess risks and exercise reasonable judgement in making a decision
• Analytical skills with the ability to pay attention to details
• Ability to meet deadlines and work independently with the highest level of personal integrity
• English and Country’s national language fluency required

Work Hours: 8

Experience in Months: 48

Level of Education:
Bachelor Degree

Job application procedure
• Interested and qualified? Click here to apply

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 11 December 2022
Duty Station: Nairobi
Posted: 30-11-2022
No of Jobs: 1
Start Publishing: 30-11-2022
Stop Publishing (Put date of 2030): 30-11-2065
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