Job Title: Senior Supervisor – Internal Audit
Hiring Organization: Madison
Insurance
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Insurance
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 11/01/2023
Senior
Supervisor – Internal Audit
Reporting to the Group Internal Audit Manager, the Senior Supervisor–Internal Audit must be a self-driven person who will be responsible for conducting financial audits of the Group, preparing audit reports and highlighting issues relating to internal controls and risk management.
The
individual must possess in-depth knowledge and capabilities to be able to
execute audit assignments whilst bringing systematic approach to examine and
evaluate the adequacy, effectiveness and efficiency of Group’s risk management
processes, internal control systems and recommend corrective actions, improve
efficiency and reduce operational costs where possible.
Duties
and Responsibilities.
Planning
and scoping of annual and ad hoc audits in liaison with the head of department.
Monitor
and evaluate key processes as appropriately identified in the risk assessment
during assignment planning. Identify internal controls issues for key risk
processes in a timely manner to proactively avert losses;
Preparing
detailed audit planning memoranda, audit programs and procedures for each audit
assignment.
Ensure
successful completion of assigned/planned audit engagements, from start to
finish, inclusive of preplanning, fieldwork and reporting;
Perform
audit procedures to verify the implementation and effectiveness of controls
through testing and interacting with the relevant personnel within the Group;
Prepare
and submit timely, quality audit reports; engage in meetings with management
and departmental heads and advise on improvements;
Constantly
monitor if the audit recommendations have been implemented by the management by
way of follow- up audits and report on any gaps observed;
Participate
in providing quality assurance in technology acquisition, implementation and
sign off projects.
Conduct
ad-hoc/ special investigations and reviews as assigned from time to time.
Review
and recommend revisions to audit procedures manual to enhance efficiency and
promote continuous improvement.
Acquire
knowledge (professional development) on the developments related to the
internal audit profession’s laws, regulations, best practices, tools,
techniques and audit standards.
Undertake
any other tasks as assigned.
Key
Competencies Required &
Requisite Qualifications
Strong
analytical skills with ability to pay attention to details;
Ability
to observe and understand business processes and derive actionable insights
Self-driven
individual with ability to work with minimum supervision;
Good
communication skills, both verbal and written;
Team
player with excellent interpersonal skills;
Ability
to maintain the highest standards of ethics, confidentiality and
professionalism;
Ability
to effectively manage and deliver to strict deadlines.
Bachelor’s
Degree in Accounting, Finance, Business Administration, Actuarial Science or a
related field
CPA (K)
or ACCA qualification;
At least
4 years relevant experience.
Possession
of Certified Internal Auditor (CIA) or Certification in Risk
Management
Assurance (CRMA or Certified Information Systems Auditor
(CISA)
Certifications is an added advantage.
Excellent
Computer skills with hands on experience in Excel and Audit Software (e.g. ACL,
CaseWare IDEA, SQL, TeamMate).
How To
Apply
Qualified
candidates are requested to forward their applications including comprehensive
C.Vs to the Group Human Resources Manager at the following address: Madison
Group Limited, Email: hr_recruitment@madison.co.ke not
later than 10th November, 2023.
