Internal Audit Manager
Responsibilities
- Reviewing and appraising the
adequacy and effectiveness of the internal control systems of the bank
- Monitoring and evaluating the
effectiveness of the organization’s risk management system.
- Provide leadership in performance
management, employee development, talent management, and building a work
environment that drives high performance and employee satisfaction
- Assessing the adequacy of
established policies and procedures and reviewing the systems established
to ensure compliance with these policies, procedures, statutory
requirements, and regulations which could have a significant impact on
operations; and in corroboration with management update and improve them.
Main Activities
- As the principal assistant to the
Head of Internal Audit, assist the Head of Internal Audit in carrying out
a bank-wide annual risk assessment and in developing a risk-based annual
internal audit plan;
- Supervising ongoing audit
assignments and reviewing the quality of audit work done by the internal
auditors;
- Ensuring performance of quality
audits and production of quality internal audit reports with practical and
agreeable corrective actions and submitting the reports to the Head of
Internal Audit;
- Follow up and escalate on all
audit findings implementation for escalation as per the bank’s escalation
matrix.
- Carry out analytical reviews of
the root cause of the common/ recurrent audit findings and disseminate
alerts and solution recommendations;
- Producing the agendas for the
internal audit department meetings and managing the entire process
ensuring that quality discussion papers are submitted to the internal
audit team and quality minutes are documented.
- Carry out ad-hoc and consulting
assignments such as Investigation of attempted frauds and conduct forensic
reviews as requested by management
- Coordinating the Central Bank of
Kenya’s annual inspection of the Bank and ensuring both the inspection
reports and the external auditor’s management letters are converted to
corrective action plans and that the Audit Committee, through the Head of
Internal Audit is regularly updated with the status of implementation of
the
corrective measures by the
line managers;
- To perform any other duty as
assigned by the Head of Internal Audit in line with the organization’s
goals and objectives.
Qualifications
- University degree in Accounting,
Commerce, Economics or Business Management/Administration or related business
degree
- Masters will be an added
advantage.
- Certified Chartered Accountant/
Certified Public Accountant.
- Current member of Institute of
Certified Public Accountants of Kenya (ICPAK) with a valid membership
Certificate
- CISA (Certified Information Systems
Auditor) and or CIA (Certified Internal Auditor) qualifications will be an
added advantage.
- 8-10 years in a busy Internal
Audit department or Professional Audit firm with 5 years at senior level.
