Internal Audit Manager Job at Directline Assurance Company Limited - Career Opportunity in Kenya

Vacancy title:
Internal Audit Manager

[ Type: FULL TIME , Industry: Insurance , Category: Management ]

 

Jobs at:

Directline Assurance Company Limited

Deadline of this Job:
22 November, 2019  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Tuesday, November 19, 2019 , Base Salary: Not Disclosed


JOB DETAILS:
Directline Assurance Company Limited was licensed in October 2005 and commenced operations in November 2005 The Company is the first Kenyan niche underwriter focusing solely on motor vehicle insurance. The Company has grown to be the largest PSV underwriter in Kenya with a market share of approximately 60% at the end of the year 2015.
Overall Purpose of the Job:
The Internal Audit Manager is responsible for ensuring that the company’s risk management, governance and internal control processes are operating effectively and to assist management in identifying risks associated with the company’s activities. .

Job Responsibilities:
• Plans financial, regulatory, compliance or operational reviews/audits.
• Coordinates work with Risk, Legal & Compliance and other control-related activities and with others within Internal Audit.
• Conducts risk assessments and identifies controls in place to mitigate identified risks.
• Performs audit procedures to verify that controls are operating through testing and interviewing techniques.
• Analyses and concludes on effectiveness and efficiency of control environment.
• Identifies control gaps and opportunities for improvement.
• Prepares timely audit reports for executive management, the Audit Committee and the Board of Directors.
• Contributes, as appropriate, in the year-end financial audit with the external auditor.
• Provides advice on internal control and participates in enhancing internal audit standards and practices
• Ensures compliance with established internal control procedures by examining records, reports, operating practices, and documentation
• Examining company accounts and financial control systems
• Checking that financial reports and records are accurate and reliable.
• Majorly responsible for ensuring audits are carried out as per laid out annual plan.
• Ensuring all Branch offices are subjected to audits.
• Driving Implementation of various Audit recommendations across the business, in Liaison with Management team.
• Any other duties that may be assigned from time to time.


Job Skills: Not Specified


  Job Qualifications:
• MUST have at least five (5) years Audit experience in a busy commercial Finance & Accounts Department, three (3) of which must be at senior management level.
• Audit experience in a busy insurance company will be an added advantage.
• Proven working experience as an Internal Auditor or Senior Auditor in an Audit Firm will be an added advantage
• Excellent knowledge and understanding of contemporary financial principles and practices
• Experience in Financial Management Systems
• Proven knowledge of auditing standards and procedures, laws, rules and regulations


  Job Education Requirements:
• Master’s degree preferably MBA will be an added advantage
• University degree in Finance, Economics or Accounting or equivalent from an institution recognized by Commission for Higher Education


Job Experience Requirements:
• MUST have at least five (5) years Audit experience in a busy commercial Finance & Accounts Department, three (3) of which must be at senior management level.

 

{module 312}

Job application procedure
  If you qualify for the above advertised role, kindly send us a detailed CV and Application Letter clearly demonstrating your fit as per the roles & responsibilities and the person specifications (academic/professional qualifications, experience, skills & attributes) listed above.
Applications that do not conform to the Application Instructions will not be considered.
Kindly send your application documents to human.resource@directline.co.ke  to reach us on or before 5.00pm Friday, 22nd November 2019


All Jobs

QUICK ALERT SUBSCRIPTION

{module 316}

Job Info
Job Category: Management jobs in Kenya
Job Type: Full-time
Deadline of this Job: 22nd November 2019
Duty Station: Kenya
Posted: 19-11-2019
No of Jobs: 1
Start Publishing: 19-11-2019
Stop Publishing (Put date of 2030): 19-11-2065
Apply Now
Notification Board

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.