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Head of Internal Audit
Job summary
To provide independent, objective assurance and advice designed to add value and improve the organization’s operations
Min Qualification:
Experience Level:
Experience Length:
Job descriptions & requirements
Head of Internal Audit
Ref: TAS/HR/AM/1308/2015
It was a quiet day in 1993 when 7 shareholders got together and formed Tausi Assurance Co. Ltd. The Company opened its doors for business quietly but confidently in 1993 in Westlands.
It was a quiet day in 1993 when 7 shareholders got together and formed Tausi Assurance Co. Ltd. The Company opened its doors for business quietly but confidently in 1993 in Westlands.
Tausi is a mid-sized insurance company with profits in excess of Ksh. 200m dealing in general insurance and is looking to recruit a suitably qualified, dynamic and experienced individual to join their high powered team as an Internal Auditor.
We currently have an opening for an Internal Auditor.
The position holder will be reporting to the Board Audit Committee.
Role Purpose: To provide independent, objective assurance and advice designed to add value and improve the organization’s operations while focusing on internal control systems, risk management framework and governance.
Responsibilities:
Responsibilities:
- Developing and implementing an Annual Risk-Based Audit Plan which will provide an Internal control system to give assurance from a control perspective that the business is being carried out within the Strategy and risk appetite set by the board, agreed business objectives, policies, processes and applicable Laws.
- Carry out an Internal Audit function capable of providing the board with independent assurance in respect of the Company’s governance, risk management and internal controls.
- Review of procedures in place covering business operational, compliance and financial risk.
- Communicating and reporting audit and enterprise risk management findings to management and the board, providing secretarial services to the Audit Board Committee;
- Following up the implementation and closure of Board Audit committee’s resolutions;
- Planning and conducting special audit assignments as directed by the Board Audit Committee and Managing Director;
- Liaising with external auditors, special auditors, investigators, police, KACC etc. as required;
- Developing, implementing and controlling internal audit budget, compliance with operating framework. and
- Providing strong leadership and supervision to the staff in the department
Academic Qualifications
- Bachelors’ degree in Economics, Finance or Accounting
- Masters’ degree in Finance, Accounting is an added advantage
Professional Qualifications
- CPA, ACCA,
Relevant Experience
- At least 5 years’ experience in Finance or Auditing 3 years’ of which must be in Internal Audit and at the management level.
Skills and Competencies
- Proven intellectual leadership in managing people, operations and financial resources;
- Strong planning and coordination skills;
- Strong analytical skills
- Report writing skills
- Must have knowledge on the following
- General insurance software system (Premia – version 10)
- Local Insurance Industry
- Stipulated IRA guidelines
All applications should be made by COB 17th July 2015
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