Internal Auditor

Internal Auditor 

Reporting to- Senior Internal Auditor/Internal Audit Lead

Department- Internal Audit

Purpose: To conduct audits of the organization, prepare audit reports and highlights issues relating to governance, risk management and internal controls and recommending corrective actions to improve efficiency and reduce operational costs where possible.

Engagement: To engage effectively with relevant company staff, fostering respectful relationships across Watu teams, customers and partners. This role will proactively recommend improvements and innovative ideas to improve business efficiency and adapt communication styles to suit different audiences.

Delivery: To successfully complete assigned and planned audit engagements from start to finish including preplanning, field work, reporting and follow up activities. This will involve implementing the board approved Risk based Audit Plan ensuring operational effectiveness and financial reliability, identifying opportunities for risk aversion and cost savings and preparing reports that reflect audit results, contribute to operational efficiency and cost savings.

Key Responsibilities and duties

1. Audit engagement management: Successfully complete assigned and planned audit engagements from start to finish including preplanning, field work, reporting and follow up activities. This will involve implementing the board approved Risk based Audit Plan ensuring operational effectiveness and financial reliability, identifying opportunities for risk aversion and cost savings and preparing reports that reflect audit results, contribute to operational efficiency and cost savings.
2. Proactive control and loss identification: Proactively identify internal control issues for key risk processes in a timely manner to avert losses and recommend risk aversion measures and cost savings
3. In depth testing and stakeholder interaction: Perform comprehensive audit procedures to verify the implementation and effectiveness of controls through detailed  testing and effective interaction with relevant company staff
4. Audit engagement execution: Provide high quality, professional day to day execution of internal audit engagements and projects in line with firm risk management practices. Assist and support the internal audit team in all planned audits, which includes financial, operational, compliance and information technology audits
5. Detailed documentation and engagement reporting: Document processes thoroughly and prepare comprehensive audit reports that clearly reflect the audit results
6. Special investigations: Conduct ad hoc and or special investigations as requested by the board or Head of Internal Audit, EA.
7. ERM Support: Provide support in organization wide risk management through assurance and proactive advisory services.
8. Process improvement and innovation contribution: Proactively recommend improvements and innovative ideas to increase business efficiency and contribute to initiatives focused on process continuous  improvement
9. Corrective action tracking: Track timely and effective corrective actions taken following audit recommendations
10. Audit material management: Maintain  back up (physical and electronic) of all internal audit materials for easy retrieval and reference. Monitor adherence to the document management process within the internal audit department. 
11. Ad hoc responsibilities: Carry out other responsibilities as may be required by the Head of Internal Audit, EA and  immediate supervisor.
12. Methodology and Process Improvement: Identify opportunities to improve internal audit methodologies, tools and processes. Contribute to the continuous  improvement of the internal audit departments efficacy and effectiveness.
13. Adherence to professional standards: Strict adherence to the Institute of Internal Auditors,  Institute of Certified Public Accountants Accountants of Kenya Code of ethics and Watu Code of conduct.

Qualifications

1. Education level: Minimum of a Bachelors' degree in Accounting or Finance-related field
2. Certifications: Must be a CPA(K) or CIA. CISA qualification will be a significant added advantage 
3. Experience: Less than 5  years' experience in Audit, Finance, Credit or related fields

Application and Interviews

The interviews shall be on a rolling basis subject to the recruiting manager's satisfaction with the number, quality, competencies and experiences of applicants.