Background information about the job or company (e.g., role context, company overview)

Internal Auditor at Technical University of Mombasa Enterprise Limited

Responsibilities or duties

• Assessing, evaluating and monitoring the Company’s internal control systems.
• Ensuring financial operations and business processes are efficient, effective, and in compliance with company policies and legal requirements.
• Conducting regular audits of financial records, transactions, and accounting systems to ensure accuracy and integrity.
• Checking that the company complies with all relevant regulations, laws, and corporate governance requirements, including those set by regulatory bodies.
• Reporting findings to the Management, Board of Directors, and Audit Committee, highlighting any discrepancies, inefficiencies, or areas of concern.
• Provide recommendations to improve processes, strengthen internal controls, and address any weaknesses in financial management.
• Identify and investigate potentially fraudulent activities within the company.
• In addition to audits, providing advisory services to management regarding best practices in financial management, internal controls, and corporate governance.
• Assist in developing and implementing policies to improve operational efficiency and reduce financial risks.
• Develop and implement an Annual Risk-Based Audit Plan, providing a comprehensive assessment of operating systems, policies, and processes from an internal control, compliance, and efficiency perspective.
• Implement and review the Internal Audit Charter.
• Monitor financial and operational performance through data analysis and reviews of budget variances, key performance indicators (KPIs), and other performance metrics, ensuring that the company meets its financial goals and objectives.
• Obtain, analyse and evaluate necessary documentation, previous reports, and data to support audit findings
• Report and discuss the findings of audit reviews with the Board, Management and the Audit Committee on a constructive basis to develop the most appropriate recommendations for issues arising.
• Develop strong working relationships with external auditors and stakeholders as required, and follow up on the implementation of their recommendations.
• Participate in special audit requests as may be required from time to time.
• Follow up on closure of agreed audit recommendations.
• Perform any other duties and responsibilities as may be assigned from time to time by your immediate supervisor or other persons in authority.

Qualifications or requirements (e.g., education, skills)

• For appointment to this position, a candidate must: possess a Bacheloes Degree in Commerce {Accounting /Finance option}, Auditing, Accounting, Finance, Business Administration (Accounting/Finance option} or equivalent qualification from a recognized institution.
• Be a CPA (K) or equivalent and be a member of the Institute of Certified Public Accountants (ICPAK) or a relevant professional body and be in Good Standing.
• Have working experience using ERP systems such as Odoo, SAP, Oracle, Microsoft Dynamics, ERPNext, or similar. Advanced MS Excel skills
• Experience needed
• Have served for a minimum of 5 years as an Internal Auditor or comparable and relevant position.

• Assessing, evaluating and monitoring the Company’s internal control systems.
• Ensuring financial operations and business processes are efficient, effective, and in compliance with company policies and legal requirements.
• Conducting regular audits of financial records, transactions, and accounting systems to ensure accuracy and integrity.
• Checking that the company complies with all relevant regulations, laws, and corporate governance requirements, including those set by regulatory bodies.
• Reporting findings to the Management, Board of Directors, and Audit Committee, highlighting any discrepancies, inefficiencies, or areas of concern.
• Provide recommendations to improve processes, strengthen internal controls, and address any weaknesses in financial management.
• Identify and investigate potentially fraudulent activities within the company.
• In addition to audits, providing advisory services to management regarding best practices in financial management, internal controls, and corporate governance.
• Assist in developing and implementing policies to improve operational efficiency and reduce financial risks.
• Develop and implement an Annual Risk-Based Audit Plan, providing a comprehensive assessment of operating systems, policies, and processes from an internal control, compliance, and efficiency perspective.
• Implement and review the Internal Audit Charter.
• Monitor financial and operational performance through data analysis and reviews of budget variances, key performance indicators (KPIs), and other performance metrics, ensuring that the company meets its financial goals and objectives.
• Obtain, analyse and evaluate necessary documentation, previous reports, and data to support audit findings
• Report and discuss the findings of audit reviews with the Board, Management and the Audit Committee on a constructive basis to develop the most appropriate recommendations for issues arising.
• Develop strong working relationships with external auditors and stakeholders as required, and follow up on the implementation of their recommendations.
• Participate in special audit requests as may be required from time to time.
• Follow up on closure of agreed audit recommendations.
• Perform any other duties and responsibilities as may be assigned from time to time by your immediate supervisor or other persons in authority.

• Advanced MS Excel skills
• Working experience using ERP systems such as Odoo, SAP, Oracle, Microsoft Dynamics, ERPNext, or similar.

• Bacheloes Degree in Commerce {Accounting /Finance option}, Auditing, Accounting, Finance, Business Administration (Accounting/Finance option} or equivalent qualification from a recognized institution.
• CPA (K) or equivalent
• Member of the Institute of Certified Public Accountants (ICPAK) or a relevant professional body and be in Good Standing.