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

BWASCO Water and Sewerage PLC is a public water service provider operating in Bungoma County. The company is seeking to recruit highly competent, proactive and self-driven individuals to fill the following vacant position:-

Responsibilities or duties

• Develop an annual audit plan based on the risk assessment and strategic objectives of BWASCO;
• Communicating plans of engagement and resource requirements for the internal audit function;
• Overseeing risk assessments on key business activities and using this information to guide on the effectiveness of the organization’s risk management processes;
• Leading in the development and implementation of the Risk Management Policy and strategy that aligns with the strategic Plan;
• Developing, implementing, and maintaining a compliance framework on statutory, contractual and internal obligations (e.g code of conduct, internal controls and quality management systems);
• Reviewing compliance with existing laws, regulations, policies, plans and procedures, accounting pronouncements and contractual obligations;
• Monitoring key metrics to confirm achievement of the risk and compliance plans and their contribution to the overall strategic plan;
• Monitoring Risk and Compliance assessments findings and ensure recommendations made are implemented;
• Driving training and sensitization of Company staff in risk management and compliance;
• Providing leadership, developing training, coaching, motivating and evaluating risk management staff to achieve their highest levels of performance;
• Identifying activities subject to audit coverage, evaluating their significance and assessing the degree risk inherent in terms of the audit costs involved;
• Carrying out investigations on irregularities identified or reported in audit reports;
• Generating regular and /or adhoc reports e.g. performance reports and procurement plan and work plan;
• Perform financial, operational and information systems audit;
• Providing advisory services to the top management on internal Audit services;
• Custodians of all departmental reports and records;
• Overseeing performance management in the department;
• Secretary to the Audit Committee;
• Evaluating the means of safeguarding assets and, as appropriate, verifying the existence of such assets; and
• Evaluating specific operations at the request of the Board of management, as appropriate.

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

• Have Bachelor’s degree in any of the following disciplines:- Commerce (Accounting/Finance option), Economics, Mathematics, Statistics, Business Administration or its equivalent qualification from a recognized institution;
• Master degree in any of the following disciplines:- Commerce (Accounting/Finance option), Economics, Mathematics, Statistics, Auditing, Business Administration or its equivalent qualification from a recognized institution will be an added advantage;
• Strategic Leadership Development Program (SLDP) or relevant qualification from recognized institution at least six weeks
• Be a registered member (of good standing) to the following professional bodies: Institute of Internal Auditors (IIA), Institute of Certified Public Accountants of Kenya (ICPAK) or Certified Information Systems Auditor (CISA);
• Have a Certificate in computer application skills and demonstrate proficiency in computer use and applications; and

Experience needed

• At least 10 years’ experience with a minimum of 5 years in a managerial position

Any other provided details (e.g., benefits, work environment, team info, or additional notes)

• Terms of service Contract – 5 years
• Reporting to ; Administratively – Managing Director and functionally audit committee
• Supervises : Senior Officer 11 – Internal Audit
• Note: Contract positions can only be renewed once subject to performance appraisal
• Only shortlisted candidates shall be required to provide Chapter Six requirements

• Develop an annual audit plan based on the risk assessment and strategic objectives of BWASCO;
• Communicating plans of engagement and resource requirements for the internal audit function;
• Overseeing risk assessments on key business activities and using this information to guide on the effectiveness of the organization’s risk management processes;
• Leading in the development and implementation of the Risk Management Policy and strategy that aligns with the strategic Plan;
• Developing, implementing, and maintaining a compliance framework on statutory, contractual and internal obligations (e.g code of conduct, internal controls and quality management systems);
• Reviewing compliance with existing laws, regulations, policies, plans and procedures, accounting pronouncements and contractual obligations;
• Monitoring key metrics to confirm achievement of the risk and compliance plans and their contribution to the overall strategic plan;
• Monitoring Risk and Compliance assessments findings and ensure recommendations made are implemented;
• Driving training and sensitization of Company staff in risk management and compliance;
• Providing leadership, developing training, coaching, motivating and evaluating risk management staff to achieve their highest levels of performance;
• Identifying activities subject to audit coverage, evaluating their significance and assessing the degree risk inherent in terms of the audit costs involved;
• Carrying out investigations on irregularities identified or reported in audit reports;
• Generating regular and /or adhoc reports e.g. performance reports and procurement plan and work plan;
• Perform financial, operational and information systems audit;
• Providing advisory services to the top management on internal Audit services;
• Custodians of all departmental reports and records;
• Overseeing performance management in the department;
• Secretary to the Audit Committee;
• Evaluating the means of safeguarding assets and, as appropriate, verifying the existence of such assets; and
• Evaluating specific operations at the request of the Board of management, as appropriate.

• Proficiency in computer use and applications

• Bachelor’s degree in Commerce (Accounting/Finance option), Economics, Mathematics, Statistics, Business Administration or its equivalent qualification from a recognized institution
• Master degree in Commerce (Accounting/Finance option), Economics, Mathematics, Statistics, Auditing, Business Administration or its equivalent qualification from a recognized institution (added advantage)
• Strategic Leadership Development Program (SLDP) or relevant qualification from recognized institution at least six weeks
• Registered member (of good standing) to the Institute of Internal Auditors (IIA), Institute of Certified Public Accountants of Kenya (ICPAK) or Certified Information Systems Auditor (CISA)
• Certificate in computer application skills