Senior Internal Auditor

Nairobi (KE)
A competitive reward package will paid
25 Apr 2022
25 May 2022
Job role
Audit, Internal audit
Contract type
Full time
Experience level

Role Purpose

The role holder will be responsible for conducting risk assessment, internal controls assessment, and business process reviews and provide assurance over controls environment within the organization.

Main Responsibilities

  • Participate in conducting risk assessments and preparation of the annual Internal Audit plan;
  • Perform audit assignments as per the audit plan and prepare quality audit reports on audit issues identified and make recommendations based on emerging issues/risks;
  • Follow up on implementation of audit recommendations and onward reporting of closure status, tracking and monitoring audit issues raised through internal audit assignments, external auditors, IRA inspections and/ or any other assurance provider;
  • Ensure audit assignments are undertaken as per the Internal Auditing Standards and within the agreed timelines;
  • Prepare accurate, logical and detailed workpapers clearly describing all audit work done and exceptions raised, and conclusions reached;
  • Perform first level peer review of team reports for quality before submission to management;
  • Continuous review Company practices and records for compliance with established internal policies and procedures including best practice;
  • Engage to continuous knowledge development regarding insurance industry regulations, audit best practices, tools, techniques and performance standards;
  • Participates in departmental and employee education in internal controls & policy and in monitoring audit actions taken by management;
  • Assess the efficiency and productivity of internal processes and make recommendations to cut costs and improve profitability;
  • Participate in the implementation of business projects geared towards process improvement; and
  • Carry out any other duties that may be assigned from time to time.

Key Competencies

  •  Visionary Leadership
  •  Market Awareness
  • Customer Focus
  • Continuous Innovation
  • Ownership & Commitment

Academic Qualifications

  • Bachelor’s degree in a business-related field from a recognized university
  • CPA (K) qualification or its equivalent
  • Other professional qualifications like CIA, CISA, CFA. 4
  • Proficiency with CAAT tools like IDEA or ACL. 
  • Proficient in Data Analytics

Relevant Experience

  • A minimum of five (5) years in internal Audit preferably in the insurance industry
  • Regional/Pan African experience