KPMG Kenya Director-Internal Audit

Job details

Job Title: Director-Internal Audit

Supervisor: Board of Directors (Administratively to the CEO)

Location: Nairobi

Job summary

The jobholder will provide strategic direction, co-ordination and supervision of all audit activities in the organisation to ensure they are value adding, cost effective,  independent and provide objective assurance to the Board and CEO that internal controls are effective and that the framework of controls which have been put in place are sufficient to manage identified risks.

Key responsibilities

• Oversee the functions of Internal Audit and Information Systems Audit.
• Develop the organisation’s overall audit strategy, policies, procedures and programs to minimize the organization’s current and future exposure to financial, operational or other risks.
• Assess the tone and risk management culture of the organisation as well as evaluate and report the effectiveness and efficiency of the implementation of management policies.
• Oversee auditing of operations (transactions and accounts), network, billing system, financial and credit functions, to ensure compliance with organization’s policies, procedures and statutory requirement.
• Maintain an audit risk profile for the organisation and propose an annual programme of audit activity in conjunction with the relevant business leaders.
• Work with the business leaders to develop audit methodologies that maintain professional standards which maximize efficiency and create assurance approaches to non-standard and specialist risks.
• Undertake specific independent audit assurance reviews.
• Ensure the delivery of the agreed audit programme, oversee and review the audit plans prepared by the Audit teams to ensure they adequately encompass the agreed objectives and scope of the audit assignment.
• Ensure that all instances of significant risk or lack of control are properly identified, all findings are factual, risk focused and the agreed actions are clear/ understandable and practical.
• Direct audits of policy and compliance to standards in liaison with internal and external auditors to ensure internal controls are in place and operating effectively.
• Based on the audit findings and within the context of the organization’s objectives and policies and taking account of the overall business environment and trends, make recommendations and contribute to the development of solutions to improve the internal control and operational environment.
• Ensure understanding of world class audit and best practice usage and maintain up to date knowledge of audit policy and standards set by the Board, regulators and relevant professional bodies.
• Responsible for sign off and presentation of reports to business owners and ensure their understanding and commitment to the report and action plan.
• Ensure production of high quality documentation and reports to support the assurance process (planning documents, work papers & reports); ensure reports are delivered in a timely manner and appropriate papers are submitted to relevant committees.
• Ensure sampling/ testing on more complex / high risk audits, conform to the current assurance methodologies and are executed with independence, impartiality and accuracy.
• Lead and manage the audit team, ensuring the team have clear priorities and direction and remain motivated by providing inspirational leadership and coaching.
• Increase the employee engagement index for the audit team in line with identified targets.

Focus areas of responsibility

• Organisation strategy and  annual planning
• Risk-based audits
• Policy development and implementation
• People management

Organisational positioning

Reporting directly to the Board of Directors and administratively to the Chief Executive Officer.

The following positions report directly to the Director - Internal Audit position.

• Head of Department  - Internal Audit
• Senior Manager - Information Systems Audit

Desired Skills & Experience

Experience and other requirements

• At least 10 years’ senior management experience in a blue chip organization, five of which should be in audit.
• Experience in formulation and implementation of commercial and mobile fraud prevention processes, detection and investigation models.
• High level experience working with senior stakeholders.
• Experience in strategic decision making.
• In-depth knowledge of auditing and investigative techniques under a risk-based audit methodology.
• Specialist knowledge in key high risk areas such as credit risk, information technology, risk, finance or treasury.
• Strong business acumen and highly developed commercial experience.
• Ability to analyze significant amounts of data and information and distil it to the key points that help senior management to analyze risk in a given situation.
• Capability to accumulate, summarize and interpret risk reports from business units, risk units, support units and assurance units.
• Comprehensive understanding of audit frameworks and the ability to interpret risk measurement in a telecommunications environment.

Core technical competencies required for the role

• Strategic  planning and implementation
• Strong analytical skills
• Auditing skills
• Risk management skills
• Budget management

Core behavioural competencies

• Strategic thinking
• Systems thinking 
• Awareness of the external environment 
• Initiating change
• Quality focus 
• Teamwork focus
• People Resource focus
• Organisational learning focus
• Communicating 
• Creating a personal impact 
• Giving leadership 
• Promoting development of others
• Networking 
• Governance 
• Decision making 
• Contributing specialist knowledge
• Managing performance 
• Analysing situations

Additional skills

• Strong leadership and managerial skills;
• Excellent communication and interpersonal skills with a history of successfully motivating teams to achieve results; and
• Strong critical thinking skills, with the flexibility to respond to changing situations, shifting priorities, and new opportunities.

Academic and professional qualifications

• Bachelor’s degree in Business Administration, Operations, Strategy or Finance, Economics, Commerce, Engineering or IT from a recognised university.
• Professional certification in Auditing, Accounting, Risk Management and Information Systems.
• Relevant post-graduate education is an added advantage.

Company Description

KPMG is currently headhunting for a leading telecom in the region for a Director - Internal Audit position.

If you fit the profile below, please send your latest CV to dgacheru@kpmg.co.ke  indicating Director- Internal Audit as the subject by Wednesday 8 May 2013.

Only shortlisted candidates will be contacted.