Head of Internal Audit (Kitale)

a)Audit Planning

● Develop and implement an annual internal audit plan based on risk assessment.

● Determine audit scope and objectives for each audit engagement.

● Prioritize audit activities based on risk and business impact.

b)Risk Assessment

● Identify and assess risks across the organization.

● Evaluate the effectiveness of internal controls in mitigating risks..

● Develop risk management strategies and recommendations

c)Audit Execution

● Conduct audits to evaluate the effectiveness of internal controls ,compliance with policies, and efficiency of operations.

● Perform detailed testing of transactions, processes and systems.

● Document audit findings and conclusion

d)Reporting

● Prepare comprehensive audit reports that clearly communicate findings, recommendations and management responses.

● Present audit reports to senior management and the board of directors.

● Track the implementation of audit recommendations.

e)Recommendations

● Provide actionable recommendations to improve internal control, processes and risk management.

● Work with management to develop corrective action plans.

● Monitor effectiveness of implemented recommendations.

f)Compliance Monitoring

● Ensure compliance with regulatory requirements and internal policies.

● Conduct compliance audits to assess adherence to laws and regulations.

● Develop and update compliance policies and procedures.

g)Fraud Investigation

● Investigate and report any suspected fraud, corruption or irregularities.

● Conduct forensic as needed.

● Develop anti-fraud programs and controls.

h)Continuous Improvement

● Promote a culture of continuous improvement in internal controls and risk management.

● Stay updated on best practices in internal auditing.

● Provide training and support to enhance internal control awareness.

Qualifications and Requirements

Education:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Professional certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or equivalent are highly desirable.

    

Experience:

• Minimum of 5 years of experience in internal auditing, preferably in a retail or hardware environment.
  
• Proven experience in risk assessment, audit planning, execution, and reporting.

    

Skills: 

• Strong knowledge of auditing principles, practices, and standards.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal skills.
• Proficiency in using audit software and Microsoft Business Central
• Ability to work independently and manage multiple priorities.

Personal Attributes:   

• High level of integrity and ethical standards.
• Attention to detail and accuracy.
• Strong organizational and time-management skills.
• Ability to work under pressure and meet deadlines.