Africa
Merchant Assurance Company Limited (AMACO) is undergoing planned rapid growth
in its portfolio in the provision of both motor and non motor insurance
products.
This has created a strategic need to fill the position of Internal Audit Manager
Position Ref IA/9/11
To manage the Audit department and provide continual risk assessment and the development of comprehensive policies, procedures, compliance training, protocols, internal investigations and plans. Advise on risk management strategies and processes.
Duties and responsibilities include, but are not limited to:
This has created a strategic need to fill the position of Internal Audit Manager
Position Ref IA/9/11
To manage the Audit department and provide continual risk assessment and the development of comprehensive policies, procedures, compliance training, protocols, internal investigations and plans. Advise on risk management strategies and processes.
Duties and responsibilities include, but are not limited to:
- Planning, Implementing and Evaluating short and long term
objectives of Internal Audit Department.
- Conduct financial, operational and compliance Audits.
- Review and determine the adequacy of the company’s systems of
internal control and the degree of compliance with these controls
- Review and evaluate the degree of compliance with the company
policies and procedures as well as legislative and other regulatory
requirements.
- Conduct special investigations as requested and make
recommendations for improved controls, operating procedures, accounting
records and system design.
- Monitor and evaluate the effectiveness of the organization’s Risk
Management processes.
- Report results and make recommendations to management and Board of
Directors.
- Follow up on the progress of implementation of recommendations and
directions as per audit reports.
- Assist management identify and assess strategic risks.
- Participate in process and internal control improvement
initiatives.
- Perform administrative and planning functions within the Internal
Audit Department.
- Serving as a consultant to all other departments when questions
pertaining to internal control or procedures requirements arise.
Experience and Qualifications
- A University graduate in a relevant area of business
- CPA(K); CISA/CIA
- An MBA is an added advantage
- Have eight (8) years work experience, two of which should be at the
managerial level in an insurance/financial services sector.
- Possess strong interpersonal and communication skills.
- Proven experience at leading teams to achieve corporate goals.
- A self driven individual with impeccable integrity.
A competitive remuneration package will be offered to the successful candidate.
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