Internal Audit Officer at Caritas MFB

JOB PURPOSE

Reporting to the Head of Internal Audit, the Internal Audit Officer will be responsible for evaluating adequacy, effectiveness and efficiency of the risk management framework, Compliance program, internal control systems and procedures as per the audit universe.

KEY RESPONSIBILITIES

•  Participate in preparation of risk based annual plan and preparing audit programs for audit assignments.
•  Developing appropriate audit tests to achieve the desired audit objectives for each assignment and obtaining well documented audit evidence and conclusions through detailed working papers.
•  Plan and execute assigned engagements in accordance with accepted auditing standards.
•  Ensuring performance of quality audits and production of timely internal audit reports with practical and agreeable corrective actions.
•  Follow up with management to ensure that management actions have been effectively implemented and continuously engage with stakeholders to ensure agreed corrective actions have been effectively implemented.
•  Carry out special audits and/or investigations and other special assignments as may be required by management from time to time.
•  Evaluating adequacy of enterprise risk management framework and recommend for areas of improvement.
•  Carryout continuous audits by conducting periodic tests and data analysis on the bank’s transactions.
•  Lead in scheduling and conducting branch surprise checks and cash counts.
•  To perform any other duty as assigned in line with the organization goals and objective.

QUALIFICATION AND EXPERIENCE REQUIREMENTS

•  Holder of bachelor’s degree in accounting, Finance or Economics from a recognized university.
•  Must possess professional qualifications as a Certified Public Accountant (CPA) Kenya
•  Being a member of ICPAK will be an added advantage.
•  Minimum of 3 (Three) years’ relevant working experience in internal auditing in a financial institution or professional firm.
•  Should have in depth knowledge of IFRSs, IIA Standards and banking industry regulatory framework.
•  Working knowledge of Computer assisted audit techniques (CAATs) and ACL audit software will be added advantage.
•  Proven leadership skills
•  Strong report writing, presentation and communication skills.
•  Team player
•  Great interpersonal and communication skills.
•  High integrity.