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Recruitment at HELB (2 Positions)

Join our team and contribute to our efforts of making higher education more accessible to Kenyans.

Higher Education Loans Board is a state corporation whose mandate is to source funds and provide loans, scholarships, and bursaries to Kenyans studying in recognized institutions of higher learning . 

A vacancy has arisen for the position of Audit Manager and Finance Manager at HELB respectively. 

For the two positions HELB is looking for highly competent, passionate, dedicated and self-driven persons of high integrity who are able to demonstrate strong leadership skills to fill the followings positions.

Internal Audit Manager

Job Summary
The holder of the position will be responsible to the Audit Committee of the Higher Education Loans Board and report to the Board Secretary/CEO on administrative issues. 

The job holder will ensure adherence to policies, legislation, procedures and standards in management including utilization of the Board’s financial and physical resources. 
The job holder will also ensure that proper measures are put in place to mitigate any risk that may arise in the operations of the Board.

Duties and Responsibilities
  • Initiate, formulate and implement Internal Audit policies;
  • Identify and critically evaluate elements of governance and risk management in the Board, design appropriate risk management and mitigation strategies for implementation;
  • Carry out internal audits in accordance with generally accepted auditing standards;
  • Develop new continuous improvement initiatives, evaluate the adequacy of internal control systems, report findings and recommend improvements;
  • Review management systems and programs and recommend improvements;
  • Liaise with the Board’s external auditors to update and enhance the Board’s compliance to financial management principles, policies, legislations, regulations and guideline;
  • Prepare timely and accurate audit reports for presentation to the management and to the Audit committee of the Board and ensure implementation of arising recommendations;
  • Ensure the Board’s compliance with statues, regulations and government guidelines;
  • Analyze the impact of Internal Audit policies and regulations.
  • Act as the secretary to the Audit Committee of the Board
Minimum Requirements
  • Bachelor’s degree in Commerce, auditing or accounting option, finance, or any other relevant field of study;
  • Masters degree in Commerce, Business Administration, Finance, Accounting or any other relevant field of study will be an added advantage;
  • Possession of at least CPA (K)/ACCA;
  • Certified Internal Auditors (CIA) certification or Certified Information System Auditor (CISA);
  • Registered member of the Institute of Internal Auditors;
  • Member of ICPA K of good standing
  • A minimum of eight (8) years’ work experience in Auditing at senior management level in a busy organization.
Key Competencies
  • Knowledge of computerized accounting and auditing record keeping systems;
  • Highly analytical individual with ability to gather, analyze and evaluate facts and to prepare and present concise oral and written reports;
  • An ability to establish and manage viable auditing system;iv Knowledge of principles of good corporate governance
  • Ability to establish and retain effective working relationships with internal and external stakeholders including staff and communicate effectively;
  • Personal integrity with good work ethics;
  • Demonstrate excellent managerial and leadership skills.
Finance Manager
Job Summary
The job holder will be responsible to the Head of Finance for the management of the Board’s finances on the financial systems, planning of financial services, monitoring expenditures and enforcing financial compliance.
Duties and Responsibilities
  • Providing of advisory services to the Board with regard to financial matters.
  • Ensure prudent financial management at all times
  • Develop and implement financial management policies, standards, systems and procedures at the Board.
  • Coordinating accounting activities for improvement and enforcement of internal controls in the Board;
  • Undertake and advise on prudent financial management of the Board;
  • Initiate and prepare annual budget of the Board and communicate the same to various users within the Board;
  • Prepare and submit periodic reports on financial matters;
  • Ensure the accuracy & completeness the financial statements.
Minimum Requirements
  • A bachelor’s degree in Commerce, Finance, Economics or any other related field of study;
  • Masters degree in Business Administration, Finance option, Finance or any other related field of study will be an added advantage;
  • Possession of at least CPA, ACCA or CFA and a member of ICPAK of good standing;
  • Knowledge of operation of computerized accounting preferably in ACCPAC accounting package
  • A minimum eight (8) years’ experience in a financial management and accounting environment at a senior level.
  • Experience in Public Sector Finance Management and knowledge of financial management laws and regulations.
Key competencies
  • Personal integrity;
  • Committed team player with strong managerial skills;
  • High analytical and organizational skills;
  • Excellent interpersonal and communication skills;
  • Excellent knowledge of relevant computer software and applications.
Candidates should enclose up to date CVs giving among other things, details of day time contacts, names and contacts of three referees, copies of relevant certificates and testimonials so as to reach the office of the chief Executive Officer on the contact below and not later than 5th September, 2012
Higher Education Loans Board
P.O. Box 69489-00400
Email Address:
HELB is an equal opportunity employer

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