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    Internal Audit Officer at - Nairobi, Kenya - Consolidated Bank of Kenya

    Consolidated Bank of Kenya
    Consolidated Bank of Kenya Nairobi, Kenya

    1 week ago

    Default job background
    Full time
    Description
    Consolidated Bank of Kenya Limited was incorporated on 7th December, This was in an effort to stabilise the financial sector through the acquisition of nine insolvent institutions and thereafter restructuring them into a viable, professionally run commercial bank
    Job Purpose
    Reporting to the Head of Internal Audit, the Internal Audit Officer will be responsible for providing independent and objective assurance and consulting services designed to add value and improve the Bank's operations and performance
    Key responsibilities and accountabilities

    Conduct assurance reviews of the assigned banking operations and functional activities.
    Evaluate the adequacy and effectiveness of the management controls over those operations.

    Evaluate organizational units to ensure that they are performing their planning, accounting, custodial, risk management and control activities in compliance with applicable policies and procedures in a manner that is consistent with the bank's mission and regulatory frameworks.

    Assist/participate in the preparation of annual audit plan.
    Plan and execute assigned engagements in accordance with accepted auditing standards.

    Report engagement observation and make practical recommendations for corrective action to address unsatisfactory conditions, improving operations and reducing costs.

    Perform special assignments as requested by management from time to time.

    Qualifications and Competencies

    Holder of bachelor's degree in Accounting, Finance or Economics from a recognized university.
    Must possess professional qualifications as a Certified Public Accountant (CPA) Kenya.

    Possession of professional qualifications such as Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA) will be an added advantage.

    Should be a member of the Institute of Certified Public Accountants (ICPAK), Institute of Internal Auditors, (IIA) or any other relevant professional body

    Should have a minimum of 5 (five) years' relevant working experience in internal auditing in a financial institution or professional firm.

    Should have working knowledge of Computer assisted audit techniques (CAATs) and ACL audit software will be added advantage.
    Should have in depth knowledge of IFRSs, IIA Standards and banking industry regulatory framework.
    Should have exceptional communication and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels of the organization
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