Senior Internal Auditor

1 month ago


Nairobi, Nairobi Area, Kenya African Trade & Investment Development Insurance - ATIDI Full time

Internal Auditor role at a pan-African organization providing trade credit and political risk insurance, requiring a flexible annual audit plan, risk assessment, and mitigation.

Job Description

Develop a flexible annual audit plan using an appropriate risk-based methodology, including any risks or control concerns identified by management, and submit that plan to the Board, through the Audit Committee, for review and approval.

  • Implement the annual audit plan as approved, including as appropriate, any special tasks or projects requested by the Chief Executive Officer and the Audit Committee.
  • Review systems and operations to assess the extent to which organizational objectives are achieved and the adequacy of controls in ATIDI, including compliance with best practice.
  • Conduct periodic audit reviews on all processes, operating systems, software, hardware, network, and various application systems.
  • Document and issue periodic reports to Management and to the Board, via the Audit Committee, summarizing results of audit activities in an objective, clear, concise, and timely manner.
  • Recommending improvements in procedures and systems to prevent fraud, reduce costs, and efficient use of resources.
Stakeholder Engagement
  • Keep the Audit Committee informed of emerging trends and developments in internal auditing practices and give recommendations for necessary revisions in internal policies and procedures.
  • Carry out any ad hoc appraisals, inspections, investigations, examinations, or reviews requested by the Chief Executive Officer or Board Audit Committee/Board of Directors.
  • Advise on appropriate systems of controls in an advisory capacity.
  • Maintain an efficient working relationship with relevant stakeholders.
Key Performance Indicators
  • Variance between planned and actual audit.
  • Timely rendition and quality of reports.
  • Timely remediation of audit issues across the organization.
  • Exceptions/fraud/irregularities detected and undetected.
  • Extent of recovery of fraud loss.
  • Creation of fraud awareness/education through sensitization memos.
  • Savings per fraud/irregularities detected/prevented.
  • Achievement of cost savings and earnings target generated on account of process or activity improvement recommendations by Internal Audit resulting in efficiency.
Role Specifications
  • Minimum of a Bachelor's degree (or equivalent) in Accounting, Audit & Finance or related discipline with a professional qualification in e.g. (CA, CPA/ACCA & CIMA).
  • Relevant Master's Degree in Finance or Accounting.
  • Possession of relevant certification.
  • Minimum of 8 years cognate experience, with at least 3 years in a senior capacity.
  • Active member of a relevant professional body.
  • Analytical with auditing & investigation skills.
  • Strategic thinking and problem-solving ability.
  • Independent-minded.
  • Accounting and reporting skills.
  • Operations (Underwriting, Trade Finance, Political Risk Insurance and Credit Risk Insurance) Skills.
  • General finance and financial strategy skills.
  • Fraud and operational risk knowledge.
  • Comprehensive credit skills.
  • Audit, insurance, and financial services product knowledge exposure.
  • Policy and regulatory (self-governing entities) interpretation skill and implementation capability.
  • Extensive working knowledge of Microsoft Word, Excel, and PowerPoint and Intranet Mailing facility.
  • Conceptual skills.
  • Demonstrate ATIDI's core values of creativity, unity of purpose, diligence, and efficiency, stakeholder first combined with integrity, transparency, and accountability.
  • Ability to work in a multi-cultural environment.
  • Excellent communication (oral, written, and presentation) and interpersonal skills.
  • Fluency in written and spoken English. French will be an advantage.


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