Principal Internal Audit & Risk Management Officer

About the role

The Unclaimed Financial Assets Authority (UFAA) is hiring a full-time Principal Internal Audit and Risk Management Officer in Nairobi. The role provides independent, objective assurance and advisory services on the effectiveness of governance, risk management and internal control systems, so as to enhance accountability, operational efficiency, regulatory compliance and achievement of the organisation's strategic objectives.

Key responsibilities

• Implement fraud investigation and anti-corruption policies, guidelines, strategies and plans
• Analyse data in financial records, systems and processes
• Undertake comprehensive audits at the Authority, including spot-checks, cash surveys and audit investigations
• Review internal controls and evaluate the adequacy of system controls, recommending improvements
• Carry out compliance tests and assess compliance with internal policies, tax regulations and other statutory guidelines
• Implement the Quality Assurance and Improvement Programme (QAIP)
• Consolidate primary audit reports and queries in the Authority's financial statements, and monitor and evaluate audit reports
• Follow up on the implementation of recommendations made in audit reports
• Conduct risk assessments, corruption risk assessments and anti-corruption awareness activities

Required profile

• Cumulative nine years of relevant work experience, three of which at the level of Senior Internal Audit and Risk Management Officer or in a comparable position
• Bachelor's degree in Accounting, Finance, Commerce, Economics, Business Administration or Business Management, or equivalent, from a recognised institution
• Membership of the Institute of Certified Public Accountants of Kenya (ICPAK) or a relevant professional body in good standing
• Management course certificate of at least four weeks from a recognised institution
• Merit and ability shown through work performance results

Required skills

• Expertise in risk assessment, internal control evaluation and audit execution in line with professional standards
• Audit planning, testing, analysis, documentation and reporting
• Knowledge of regulatory, compliance and governance frameworks, supported by audit tools and technology
• Objectivity, integrity, confidentiality and adherence to ethical standards
• Communication, stakeholder engagement, organisational, analytical and problem-solving skills

To apply, candidates use the application link provided in the original listing.