Internal Audit & Compliance Officer
Key Responsibilities
Specifically, and guided
by the Act! key policies and procedures (Finance, Audit and Operations, HR,
ICT, Procurement, Whistleblower, Anti-fraud, Risk Management, and Safeguarding,
etc.), the Internal Audit & Compliance
Officer will among others:
- Offer
internal financial and systems audit support to the organization.
- Conduct
periodic risk assessments of the organization and where required partners
within a risk-based audit framework. The audit reports shall form part of
institutional strengthening and performance improvement plans.
- Identifying
and monitoring possible emerging risks across the organization.
- Continuously
review the suitability of internal controls and recommend strengthening
actions.
- Promote
and ensure compliance by the Board and the Senior Management Team with all
applicable Internal, Policies, Procedures and relevant Government
Statutory Requirements.
- Promote
and ensure full compliance by the Board and the SMT with International
Financial Accounting and Reporting Standards.
- Provide
direction and ensure compliance by the SMT with all contractual terms and
conditions as outlined in Act!’s agreements with all third parties and
donors.
- Draw
the attention of SMT to instances or risks of non-compliance, assessing
the potential consequences and offering support to ensure full compliance.
The IA&CO may escalate (within the defined escalation framework) to
the Finance and Audit Committee non-compliance issues as may be deemed
appropriate.
- Conduct
regular internal financial & process audits and compliance reviews to
assess overall compliance with laid down policies and procedures and
compile quarterly status reports for the Finance and Audit Committee of
the Board.
- Facilitate
internal consultations with relevant parties and resolution of all
non-compliance issues – systems strengthening and adherence.
- Facilitate
annual cross-organizational level risk assessments, prepare risk
mitigation plans with focal persons, and support close and efficient
monitoring of progress in the implementation of the risk mitigation plans.
- Liaising
with the External Auditors on tracking and implementation of key audit
findings as documented in the management letters.
Qualification,
Experience and Skills:
- Here
below are the minimum academic and professional skills requirements for
the jobholder to perform their duties to the satisfaction of the
organization.
Academic Qualifications
- Minimum
of a Bachelor’s degree in Business, Commerce, Administration or other
related fields.
Professional
Qualifications
- Certified
Public Accountant of Kenya (CPA-K) or ACCA qualification. Any other
qualifications and training in systems audit and compliance management is
an added advantage.
Relevant Work Experience
- At
least five (5) years of
progressive experience in a similar role, supporting internal audit and
compliance in a not-for-profit institution.
- Experience
providing contract administration and compliance oversight of major donor
grants & contracts.
- Working
with external auditors.
- Writing
professional audit and compliance reports both for management and internal.
Essential Competencies
& Skills
- Demonstrably
unimpeachable integrity in all dealings within and outside the
organization.
- In-depth
knowledge of all tax and statutory obligations relating to NGOs in Kenya.
- Good
analytical skills to successfully perform financial reviews and other
quantitative analyses.
- Good
written and oral communication skills.
- Demonstrable
ability to work with minimum supervision.
- Good
knowledge and understanding of major donors’ audit and compliance
requirements and reporting guidelines.
- Coaching
and technical support to local organizations on grants and contracts
administration.
- Ability
to exercise objectivity and discretion in all dealings with staff, SMT and
the Board.
- Ability
to adapt to change quickly in a professional manner.
How to Apply
If you meet the
requirements as described above, please submit the following: (1). a detailed
and current CV; (2). an Application cover letter demonstrating why you qualify
for the position, quoting your current/last gross salary and three referees
including their most current contact details. All applications should be
submitted electronically to hr.admin@act.or.ke quoting the
reference number (ACT/IACO/02/2023) and position on the e-mail subject line.
Only applicants who meet the minimum requirements and are shortlisted for
interviews will be contacted.
Deadline for applications
submission is 5th March, 2023.
Act! is an equal
opportunity employer with zero tolerance to corruption
