Reporting to the Head of Internal Audit, the position holder's role is to examine and evaluate the adequacy, effectiveness and efficiency of the organization's internal control systems and procedures and recommend corrective actions to improve operations, enhance internal controls and reduce costs where possible.
Duties & Responsibilities:
Participate in the development of the Annual Internal Audit plan ensuring that all key risks are identified, appraise the existing internal controls and devise appropriate audit programs.
Execute the Annual Internal Audit Plan including any special tasks of investigations assigned by the supervisor and report periodically on the status.
Assist in conducting audits, performing risk assessments and evaluating the efficiency and effectiveness of the prevalent controls and provide practical and proactive audit recommendations that are discussed and agreed on with management.
Complete audit work papers, prepare draft reports on notable findings with appropriate recommendations for presentation to management via written reports and oral presentations.
Undertake ad hoc investigations/ assignments as and when required by management to ensure that resources are acquired economically, used efficiently, deployed effectively and adequately protected.
Provides professional audit work, individually or as a team leader, in conducting reviews of assigned organizational activities in accordance with Standards for the Professional Practice of Internal Audit, and departmental standards.
Prepares detailed plans for performing individual audits including the identification of key risks and controls, determination of audit objectives, and development of an appropriate audit program.
Summarize audit findings and discuss with line managers so as to obtain their comments and agree on action dates.
Participates in reviews of internal controls and standard operating procedures.
Identifies potential audit areas, assists with assessing the degree of inherent risk, and estimating the time and skills required to complete audit projects.
Assists in the development and execution of a comprehensive audit plan based upon risk assessment, management's goals and objectives.
Identify opportunities for cost savings and making recommendations for improving cost efficiencies.
Qualifications, Regulatory & Legal Requirements
Degree in Business Administration, Finance, or any other related business field from a recognized institution.
CPA/ACCA finalist. Relevant professional qualifications such as Certified Public Accountant (CPA-K) or ACCA, Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA) is an added advantage.
At least three years of relevant audit experience. External audit work experience desirable.
Proficient in accounting software e.g. QuickBooks,
Excellent verbal and written communication.