Tausi Assurance Head of Internal Audit Jobs in Kenya

Tausi Assurance Head of Internal Audit Jobs in Kenya


Job Overview:

  • To provide independent, objective assurance and advice designed to add value and improve the organizations operations while focusing on internal control systems, risk management framework and governance.

  • To provide the Board of Directors and MD assurance of the effective implementation of all internal control measures and procedures.

  • To strictly comply with IRA guidelines on functioning of the Internal Audit department.

    Responsibilities

  • Developing risk based annual audit plans detailing the scope, nature and timing of audit activities for board audit committee approval.

  • Reviewing and conducting internal audits in accordance with the audit plan to assess the adequacy, effectiveness and efficiency of the established internal controls and procedures.

  • Discussing the audit findings and recommendations with Heads of departments and agree on the best, practical and applicable recommendations for implementation.

  • Ensuring that the agreed audit recommendations are implemented by management within the agreed timeline.

  • Liaise with the Managing Director and the Heads of Departments in the review of weak internal controls and policies in all the departments for effective operations.

  • Ensuring implementations of Board Audit committee’s resolutions by the management.

  • Reviewing the Company`s financial statements prepared by the accounts department to ensure they reflects a true and fair view of the company.

  • Planning and conducting special audit assignments as directed by the Board Audit Committee and Managing Director.

  • Perform audit procedures to give assurance on effectiveness and efficiency of control environment, and compliance to the Company policies and Insurance Regulatory Authority (IRA) Prudential guidelines.

  • Documents the results of audit work in accordance with internal audit guidelines and the Institute of Internal Auditors (IIA) standards.

  • Liaising with external auditors, special auditors, investigators, police, EACC etc. on investigation matters when required.

  • Follow up to ensure that the refunds are approved and processed within 7 days as per RMF.

  • Providing strong leadership
    and supervision to the staff in the department.

  • Performing any other audit related tasks that may be required of you from time to time

    Qualifications

  • Must have a degree in Bachelor of Commerce or Business related degree or such other degree qualification as shall be acceptable to the Audit Committee.

  • Must be a Certified Public Accountant (K) and a member of ICPAK.

  • Must be a member of the IIA.

  • At least 5 years minimum experience in similar position.

    Skills and Competencies

  • Should have knowledge of the standards for the professional practices of Internal Auditing of the Institute of Internal Auditors and application of the same.

  • Should have an understanding of the risks in the insurance industry, Insurance laws, practices and regulatory requirements in Kenya.

  • Should have an understanding of the operational and accounting aspects of insurance products and services.

  • Should possess strong communication (both oral and written) skills.

  • Should possess strong interpersonal skills.

  • Should have the ability to manage and motivate staff.

  • Should have an open and objective mind to improve the organization (add value).

  • Should have an understanding of IRA guideline on risk management and internal controls.

    How to Apply

  • Application letters and copy of current CV in one document with names of and addresses of three referees should be sent by email to

  • hr@tausiassurance.com so as to reach us on or before 28th July, 2020.

  • Only shortlisted candidates will be contacted.


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