Corporate Audit Assurance Officer
Job Purpose:
Reporting to the Corporate
Audit Assurance Manager the role holder will be responsible for conducting
internal audits in line with the audit plan or as requested by the board or
audit committee.
Key responsibilities:
- Identify
and critically evaluate elements of governance and risk management in the
service, design appropriate risk management and mitigation strategies for
implementation.
- Plan
and execute internal audits in accordance with International standards on
professional practice of internal audit and department’s audits
methodology.
- Develop,
consultation with Corporate Audit Assurance Manager, detailed audit
programs based on the documented procedures and best practice, for each
identified audit project, giving special attention to potential risk
areas.
- Carry
out detailed audit tests on all the Group’s operations based on standard
audit programs in accordance with the approved Annual Audit Plan. This
includes review of operations, highlighting areas of internal control
weakness and making recommendations to improve efficiency. The jobholder
may change the scope of the audit if actual circumstances in the field so
demand.
- Perform
and control the full audit cycle including risk management and control
management over operations’ effectiveness, financial reliability and
compliance with all applicable directives and regulations.
- Ensure
detailed audit tests are performed on all the Group’s operations based on
Standard audit programs in accordance with the approved annual audit plan.
This includes recommendations to improve efficiency. The job holder may
change the scope of the audit if actual circumstances in the field so
demand.
- Determine
internal audit scope for particular assignments.
- Maintain
open communication with management and audit department management.
- Develop
new continuous improvement initiatives, evaluate the adequacy of internal
control systems.
- Gather
adequate audit evidence to support findings and suggestions for
improvement.
- Discuss
with the Corporate Audit Assurance Manager on the appropriate method in
gathering audit evidence, depending on the actual circumstances
encountered in the field in the course of the field work, the jobholder
will constantly discuss the findings of the business so that only
unresolved issues appear in the final report.
- Pay
visit to Regional and Branch offices to ensure operations are in line with
the Group.
- Assisting
the Corporate Audit Assurance Manager in the review and documentation of
existing accounting, administrative and internal control systems for
adequacy and effectiveness and making recommendations for improvement.
This will cover the Group operations and call for a thorough understanding
of all the Group’s operations.
- Work
with the Corporate Audit Assurance Manager in verifying compliance with
all the relevant legislation and regulatory requirements.
- Deliver
on performance requirements as defined in the departments’ strategy map,
balanced scorecard and Personal Scorecard.
Key Performance Measures:
As described in your Personal Scorecard.
Qualifications
- Bachelor’s
degree in relevant field.
- CPA
(K) certified is a requirement.
- Certified
Internal Auditor (CIA), Certified Information Systems Analyst (CISA) and
Certified Financial Analyst (CFA) are an added advantage.
- 4-6
years working experience in an Audit related field.
Technical/ Functional competencies:
- Knowledge
of internal audit procedure.
- Decision
making –ability to make strategic decisions in a timely and effective
manner.
- High
moral and ethical standing.
- Highly
motivated.
Leadership category responsibility framework (Core Competencies):
Emerging Leaders Competency Descriptions.
- Presenting and Communicating
Information –
Speaks fluently; expresses opinions, information and key points of an
argument clearly; presents effectively; responds quickly to others
‘reactions and feedback during conversations; projects credibility.
- Working with People – Shows respect for the views
and contributions of team members; shows empathy; listens, supports and
cares for others; consults others and pro-acitvely shares information and
expertise with them; builds team spirit and reconciles conflict; adapts to
the team and fits in well.
- Adhering to Principles and Values – Upholds and encourages
ethical behavior and departmental values; demonstrates integrity;
encourages individual responsibility towards the community and the
environment; models the organizational values during every day
interactions.
- Analyzing – Analyses numerical data and all
other sources of information, breaking them into component parts, patterns
and relationships; probes for further information or greater understanding
of a problem; makes rational judgments from the available information and
analysis; demonstrates an understanding of how one issue may be part of a
much larger system / process / problem.
- Planning and Organizing – Adheres to and monitors
clearly defined objectives; plans activities and projects well in advance
and takes account of possible changing circumstances; identifies and
organizes resources needed to accomplish tasks; manages time effectively;
monitors performance against deadlines and milestones.
- Delivering Results and Meeting
Customer Expectations –
Focuses on customer needs and satisfaction; sets and models high standards
for quality and quantity; monitors and maintains quality and productivity;
works in a systematic methodical and orderly way; consistently achieves
projects goals.
- Deciding and Initiating Action – Takes responsibility for
own, as well as subordinates’ actions and projects; takes initiative and
works under own direction; initiates and generates activity; introduces
improvements into work processes; handles problems with minimal guidance.
- Leading and Supervising – Provides subordinates with a
clear direction; motivates and empowers others; provides subordinates with
the relevant coaching; creates a positive climate that fosters learning
and development; identifies high potential talent; sets and articulates
the departmental vision and values through own personal behavior; sets
appropriate standards of behavior.
- Formulating Strategies and
Concepts –
Works strategically to realize personal goals; understands and effectively
communicates the departmental strategy; translates the departmental
strategy and vision into operational responsibilities; takes into
consideration departmental strategy during all tasks; takes account of a
wide range of issues across, and related to current role.
- Applying Expertise and Technology – Applies specialist and
detailed technical expertise; uses technology to achieve work objectives;
develops job knowledge and expertise (theoretical and practical) through
continual professional development; demonstrates an understanding of
different organizational departments and functions.
- Following Instructions and
Procedures –
Challenges authority only when appropriate; follows procedures and
policies; keeps to schedules; arrives punctually for work and meetings;
demonstrates a commitment to the organization; complies with legal
obligations and safety requirements of the role.
- Adapting and Responding to change – Adapts to changing circumstances;
tolerates ambiguity; accepts new ideas and change initiatives; adapts
interpersonal style to suit different people or situations; shows an
interest in new experiences.
How to Apply
Unposting Date: 29-11-2022