Nairobi Stock Exchange (NSE) Jobs: Manager, Audit & Risk Management

The Nairobi Stock Exchange (NSE) plays a key role in the economy through raising capital for businesses, mobilizing savings for investment and improving corporate governance.
We do this through providing a world class trading facility. In line with this mandate, the Exchange is seeking to recruit qualified, dynamic, self- motivated and results- oriented individuals to fill the following positions:
Manager, Audit & Risk Management
Overall Purpose: Reporting administratively to the Chief Executive and functionally to the Audit, Risk & Corporate Governance Committee, the Manager, Audit & Risk Management will be responsible for developing and implementing independent, systematic and objective audit reviews and programmatic evaluations of business policies, systems, processes and practices to assesses the effectiveness of internal controls and degree of compliance as well as identifying organisational risk factors in the management of the Exchange.
He/ she will also prepare audit reports and recommendations to help improve the quality of service delivery systems as well as implementing good corporate governance practices to enhance the NSE’s credibility

Key Duties and Responsibilities

  • Preparation of the annual audit plan/ timetable for NSE and managing its implementation;
  • Carry out system evaluations and audits on an ongoing basis;
  • Plan and ensure execution of system, financial, operational, compliance audits and management audits;
  • Prepare final reports and clear any audit queries with various Heads of Departments and the Chief Executive and circulation to the Audit, Risk and Corporate Governance Committee
  • Follow up on audit queries and recommendations
  • Evaluate the adequacy of internal controls by conducting protective and constructive audits of controls mechanisms, financial records, administrative procedures, workflow process as well as MIS and security systems;
  • Analyse data and information from the departments for evidence of deficiencies and weaknesses in internal controls, duplication of effort, extravagance, fraud or lack of compliance with approved policies and laws and regulations and vendor agreements;
  • Assist in developing risk management tools for the Exchange.
Minimum Qualifications
  • Bachelor’s degree in Accounting, Finance, Auditing or Business Administration from a recognized institution; a Masters degree would be an added advantage.
  • Professional qualifications such as CPA, ACA, ACCA, ACMA or equivalent
  • Professional qualification in audit of information systems e.g. CISA, CISM
  • Membership of a relevant professional body;
  • Minimum eight (8) years relevant professional experience in the areas of accounting and auditing gained from an organization with strong internal control frameworks; three (3) of which should have been in a senior position preferably as head of the internal audit function.
Key Competencies
  • Sound knowledge of capital market operations
  • Sound understanding and knowledge of financial information systems e.g. SAGE, ACCPAC or similar systems
  • Hands-on experience in carrying out information systems audits
  • Hands-on experience in the use CAATs (Computer Assisted Audit Techniques)
  • Proficiency in MS Office applications
  • Ability to provide timely and accurate information on matters related to audit without compromising the independence or objectivity of the risk management function
  • Ability to maintain confidentiality of privileged information and to ensure absolute discretion and sensitivity to confidential matters
These are very challenging positions that provide great opportunity for candidates seeking to grow professionally and work in a highly dynamic environment.
If you believe you are the right candidate for any of the above positions and can clearly demonstrate your ability to meet the criteria given above, please submit your application with a detailed CV stating your current position, remuneration, qualifications, experience, names and addresses of three referees, email and telephone contacts together with copies of your academic and professional certificates and testimonials by Friday 28th May 2010 to:
The Chief Executive
Nairobi Stock Exchange
P.O. Box 43633-00100
Nairobi
Email: recruitment@nse.co.ke
Kindly indicate the position for which you are applying for clearly.
Only shortlisted applicants will be contacted.