HEAD OF INTERNAL AUDIT & RISK MANAGEMENT Job Descriptions
Job Qualifications
| Minimum Requirements |
|---|
| Master's degree in Accounting, Finance, Economics or any field relevant to operations of the Central Bank. |
| A professional qualification in relevant field of study i.e. CIA, CPA-K, ACCA, CISA etc |
| Ten (10) years' experience in audit (internal and or external) and any other relevant area. At least three (3) years should be at management level. |
| Three (3) years' experience in leading audit teams, project teams, risk based audits and in undertaking special investigations/audits |
| Should be proficient in MS Office applications and ability to promote the use of informaiton and communicaiton technology in the University. |
Job Responsibilities
| Job Responsibilities |
|---|
| Develop Internal Audit framework and policy and operating procedures. |
| Develop University Risk Matrix. |
| Develop, train, coach, motivate and evaluate functional staff in the department to achieve their highest levels of performance. |
| Ensure independent appraisals of CUEA’s activities, functions and operations to ensure internal control frameworks are in place and operating efficiently. |
| Ensure that appropriate technical advice and support and quality assurance is provided to the University Management Board. |
| Ensure that CUEA has appropriate and effective operational planning and management systems. |
| Establish, implement and monitor risk based internal audit mechanisms. |
| Identify and evaluate emerging risks and development of risk based audit plans. |
| Keep abreast with emerging issues in corporate governance practices and advice accordingly. |
| Lead and carry out branch audits and currency destruction independent reviews periodically as required. |
| Lead and carry out special investigations and unplanned internal audit work through relevant Internal Audit project teams. |
| Lead and carry out systems audits on regular basis. |
| Liaise with external auditors to ensure that key risk areas are audited and or investigated. |
| Provide independent and objective opinions on audit findings through written reports. |
| Provide regular reports to the Audit Committee of the Council on progress of work in the department. |
| Provide secretarial duties to the Audit Committee of the Council. |