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Job Vacancy – Group Internal Auditor

Expired on: Jun 5, 2024

Our client, Acorn Management Services Limited is a vertically integrated developer, operator, and asset manager of rental housing with a mission to transform and improve the living conditions of the people of Africa by creating sustainable communities coupled with innovative capital investment projects. They are seeking to recruit a highly talented and dynamic professional to fill the following position based in Nairobi:

GROUP INTERNAL AUDITOR 

Reporting to the Audit and Risk Committee / CEO, the Group Internal Auditor will be responsible for assuring the Board and Executive Management of the robustness and effectiveness of internal controls in the Company.

Key Responsibilities

  • Developing annual risk-based internal audit plans for the Audit Committee. 
  • Performing organization-wide risk assessments to identify significant risks or exposure related to internal controls or statutory and regulatory compliance and other group policies and procedures.
  • Performing and controlling the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability, and compliance with all applicable directives and regulations and preparing reports reflecting the results. 
  • Reviewing and advising the Board and management on accounting practices of financial transactions in accordance with IFRS.
  • Preparing, analyzing, and evaluating accounting documentation, audit reports, data, flowcharts, etc.
  • Acting as an objective source of independent advice to ensure validity, legality, and goal achievement with respect to revenue and cost assurance.
  • Identifying loopholes and recommending risk aversion and cost savings measures.
  • Liaising with the external auditors on selected audits within the prescribed guidelines and ensuring actioning of findings.
  • Participating in quarterly and Audit Committee meetings, ensuring implementation of resolutions made, and providing timely responses to matters arising from stakeholders 
  • Keeping abreast of internal audit policies and procedures, current developments in accounting and auditing professions, and changes in laws and regulations as applicable.
  • Prepare periodic reports containing adequate information on internal audit activity, the company’s risk management process, as well as compliance with the management plans defined for risk mitigation.

Academic Qualifications, Skills, and Experience

  • Bachelor’s Degree in Business, Accounting, Commerce, Finance, or other relevant discipline is required.
  • Must be a registered member of the Institute of Internal Auditors (IIA).   
  • Have 7-10 years of experience working in internal audit in an audit firm in Kenya,  with at least 5 years of progressive experience as an Internal Auditor leading to a senior managerial role. 
  • Experience working in one of the top four audit firms.
  • Expertise in internal auditing techniques, accounting, and management principles.
  • Knowledge of international accounting and auditing policies, procedures, principles, and standards.
  • Experience in organizing, planning, managing, and supervising internal audit and financial reporting.
  • Computer literacy and proficiency in IT systems, including ERP financial systems and Microsoft Office. 
  • Demonstrable experience in effectively leading a team and/or chairing committees.

Interested candidates are requested to forward their updated CVs only to recruit@virtualhr.co.ke stating the subject heading GROUP INTERNAL AUDITOR by Wednesday, 5th June 2024 indicating their current and expected remuneration (MUST), daytime telephone contacts, and addresses of three referees. 

Only shortlisted candidates will be contacted.

 

 

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Job Departments: Audit
Job Location: Nairobi
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